How to buy Qantas shares | QAN historical share price and analysis

How to buy Qantas shares

Own Qantas shares in just a few minutes.

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Qantas Airways Limited (QAN) is a leading airlines business based in Australia. It opened the day at 5.03 after a previous close of $5. During the day the price has varied from a low of AUD5.03 to a high of AUD5.17. The latest price was $5.09 (25 minute delay). Qantas is listed on the Australian Securities Exchange (ASX). All prices are listed in Australian Dollars.

How to buy shares in Qantas

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. 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 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 close price was AUDA$5.09, which is 21.81% down on its pre-crash value of AUDA$6.51 and 150.74% up on the lowest point reached during the March crash when the shares fell as low as AUDA$2.03.

If you had bought AUDA$1,000 worth of Qantas shares at the start of February 2020, those shares would have been worth AUDA$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 AUDA$799.08.

Qantas share price

Use our graph to track the performance of QAN stocks over time.

Qantas shares at a glance

Information last updated 2021-03-31.
Open$5.03
High$5.17
Low$5.03
Close$5.09
Previous close$5
Change $0.09
Change % 1.8%
Volume 8,494,423
Information last updated 2021-03-26.
52-week range$2.91 - $5.79
50-day moving average $5.0149
200-day moving average $4.7659
Target price$7.08
PE ratio 6.9173
Dividend yield $0.13 (2.54%)
Earnings per share (TTM) $0.553

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Data updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
Superhero share trading
AUD $5
No
ASX shares, ETFs
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Exclusive: New customers who open an account with Bell Direct through Finder will pay no brokerage fees on the first five stock or ETF trades until April 30, 2021 (T&Cs apply).
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
IG Share Trading
Finder Award
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
CMC Markets Stockbroking
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
Westpac Online Investing Account
AUD 19.95 or 0.11%
USD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, ETFs
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Compare up to 4 providers

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

Historical closes compared with the last close of A$5.09

1 month (2021-03-19) -4.86%

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

Qantas's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.5 billion (£0.0 million).

The EBITDA is a measure of a Qantas's overall financial performance and is widely used to measure a its profitability.

Qantas financials

Revenue TTM $7.1 billion
Gross profit TTM $4.1 billion
Return on assets TTM -5.11%
Return on equity TTM -199.71%
Profit margin -49%
Book value 0.402
Market capitalisation $9.6 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 $2.91 up to $5.79. A popular way to gauge a stock's volatility is its "beta".

QAN.AU volatility(beta: 1.26)Avg. volatility(beta: 1.00)LowHigh

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 1.2597. This would suggest that Qantas's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Qantas overview

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.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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