How to buy Skycity Entertainment (SKC) shares
Learn how to easily invest in Skycity Entertainment shares.
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SkyCity Entertainment Group Limited is a resorts & casinos business based in Australia. Skycity Entertainment shares (SKC) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Skycity Entertainment has a trailing 12-month revenue of around $715.4 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Skycity Entertainment
- 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 Skycity Entertainment. Find the share by name or ticker symbol: SKC. 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 Skycity Entertainment 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, 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 Skycity Entertainment. 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.
What's in this guide?
- Skycity Entertainment key stats
- Compare share trading platforms
- Is Skycity Entertainment stock a buy or sell?
- Skycity Entertainment performance over time
- Are Skycity Entertainment shares over-valued?
- Skycity Entertainment's financials
- How volatile are Skycity Entertainment shares?
- Does Skycity Entertainment pay a dividend?
- Have Skycity Entertainment shares ever split?
- Other common questions
Skycity Entertainment stock price (ASX:SKC)Use our graph to track the performance of SKC stocks over time.
Skycity Entertainment shares at a glance
|52-week range||$2.4476 - $3.3678|
|50-day moving average||$3.096|
|200-day moving average||$3.1575|
|Dividend yield||$0.07 (2.31%)|
|Earnings per share (TTM)||$0.197|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Skycity Entertainment 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.
Skycity Entertainment price performance over time
|1 week (2021-10-18)||3|
|1 month (2021-09-24)||-3.23%|
|3 months (2021-07-23)||-1.96%|
|6 months (2021-04-23)||-4.76%|
|1 year (2020-10-23)||6.76%|
|2 years (2019-10-25)||-17.58%|
|3 years (2018-10-25)||-12.54%|
|5 years (2016-10-25)||-17.81%|
Is Skycity Entertainment under- or over-valued?
Valuing Skycity Entertainment stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Skycity Entertainment's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Skycity Entertainment's P/E ratio
Skycity Entertainment's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Skycity Entertainment shares trade at around 15x 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.
Skycity Entertainment's PEG ratio
Skycity Entertainment's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.193. 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 Skycity Entertainment's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Skycity Entertainment's EBITDA
Skycity Entertainment's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $218.6 million (£0.0 million).
The EBITDA is a measure of a Skycity Entertainment's overall financial performance and is widely used to measure a its profitability.
Skycity Entertainment financials
|Revenue TTM||$715.4 million|
|Operating margin TTM||19.95%|
|Gross profit TTM||$400.8 million|
|Return on assets TTM||3.19%|
|Return on equity TTM||10.12%|
|Market capitalisation||$2.3 billion|
TTM: trailing 12 months
Skycity Entertainment share dividends
We're not expecting Skycity Entertainment to pay a dividend over the next 12 months.
Have Skycity Entertainment's shares ever split?
Skycity Entertainment's shares were split on 5 March 2008.
Skycity Entertainment share price volatility
Over the last 12 months, Skycity Entertainment's shares have ranged in value from as little as $2.4476 up to $3.3678. 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 Skycity Entertainment's is 1.2893. This would suggest that Skycity Entertainment's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Skycity Entertainment overview
SkyCity Entertainment Group Limited, together with its subsidiaries, operates in the gaming, entertainment, hotel, convention, hospitality, and tourism sectors in New Zealand and Australia. The company operates through Skycity Auckland, Other NZ Operations, SkyCity Adelaide, and International Business segments. It engages in the hotels and convention, food and beverage, sky tower, car parking, property investment, and other related activities. The company also operates casinos in Auckland, Hamilton, Queenstown, and Wharf, New Zealand; and Adelaide, Australia, as well as various restaurants and bars. In addition, it provides hotel accommodation and online casino services. As of June 30, 2021, the company operated 309 table games, 3,456 electronic gaming machines, 331 automated table games, 18 restaurants, 15 bars, 755 hotel rooms, and an online casino. The company was incorporated in 1994 and is headquartered in Auckland, New Zealand.
Skycity Entertainment in the news
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