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Qantas Airways Limited is an airlines business based in Australia. Qantas shares (QAN) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $4.43 – an increase of 5.23% over the previous week. Qantas has a trailing 12-month revenue of around $14.3 billion.
How to buy shares in Qantas
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Qantas. Find the share by name or ticker symbol: QAN. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Qantas reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $4.43, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Qantas. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
🧪How we chose these brokersFor our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.
How has coronavirus impacted Qantas's share price?
Since the stock market crash in March caused by coronavirus, Qantas's share price has had significant negative movement.
Its last market close was $4.43, which is 31.95% down on its pre-crash value of $6.51 and 118.23% up on the lowest point reached during the March crash when the shares fell as low as $2.03.
If you had bought $1,000 worth of Qantas shares at the start of February 2020, those shares would have been worth $378.35 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $695.47.
Qantas share priceUse our graph to track the performance of QAN stocks over time.
Qantas shares at a glance
|Latest market close||AUDA$4.43|
|52-week range||AUDA$2.03 - AUDA$7.46|
|50-day moving average||AUDA$4.0636|
|200-day moving average||AUDA$3.822|
|Dividend yield||AUDA$0.26 (6.6%)|
|Earnings per share (TTM)||AUDA$0.553|
Standard brokerage - Australian shares
Share Trading Account Offer
Competitive broker fees on Australian and international shares
- Brokerage - AU shares: From AUD 5 or 0.05%
- Brokerage - US shares: USD 0
- Sign-up process: Instant
- Support - After hours: Yes
Important: Share trading carries risk of capital loss.
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Is it a good time to buy Qantas stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Qantas price performance over time
|1 week (2020-10-16)||5.23%|
|1 month (2020-09-24)||14.47%|
|3 months (2020-07-24)||21.70%|
|6 months (2020-04-24)||30.68%|
|1 year (2019-10-24)||-29.46%|
|2 years (2018-10-24)||-21.17%|
|3 years (2017-10-24)||-31.32%|
|5 years (2015-10-23)||7.77%|
Is Qantas under- or over-valued?
Valuing Qantas stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Qantas's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Qantas's P/E ratio
Qantas's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Qantas shares trade at around 7x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Qantas's PEG ratio
Qantas's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.52. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Qantas's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Qantas's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.5 billion.
The EBITDA is a measure of a Qantas's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$14.3 billion|
|Operating margin TTM||0.36%|
|Gross profit TTM||$4.1 billion|
|Return on assets TTM||0.16%|
|Return on equity TTM||-86.52%|
|Market capitalisation||$8.2 billion|
TTM: trailing 12 months
Qantas share dividends
We're not expecting Qantas to pay a dividend over the next 12 months.
Have Qantas's shares ever split?
Qantas's shares were split on 26 October 2015. This wouldn't directly have changed the overall worth of your Qantas shares – just the quantity. However, indirectly, the new INF% higher share price could have impacted the market appetite for Qantas shares which in turn could have impacted Qantas's share price.
Qantas share price volatility
Over the last 12 months, Qantas's shares have ranged in value from as little as $2.03 up to $7.46. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Qantas's is 1.0807. This would suggest that Qantas's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Qantas Airways Limited provides passenger and freight air transportation services in Australia and internationally. The company also offers air cargo and express freight services; and customer loyalty programs. As of June 30, 2020, it operated a fleet of 314 aircraft under the Qantas and Jetstar brands. The company was founded in 1920 and is headquartered in Mascot, Australia.
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