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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 listed in Australian Dollars. and has a market cap (total outstanding shares value) of $2.2 billion.
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Since the stock market crash in March caused by coronavirus, Skycity Entertainment's share price has had significant negative movement.
Its last market close was $2.81, which is 21.94% down on its pre-crash value of $3.6 and 156.62% up on the lowest point reached during the March crash when the shares fell as low as $1.095.
If you had bought $1,000 worth of Skycity Entertainment shares at the start of February 2020, those shares would have been worth $356.53 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 $814.51.
52-week range | $1.095 - $3.8761 |
---|---|
50-day moving average | $2.9939 |
200-day moving average | $2.661 |
Target price | $3.95 |
PE ratio | 16.7241 |
Dividend yield | $0.19 (6.53%) |
Earnings per share (TTM) | $0.174 |
Standard brokerage - Australian shares
Competitive broker fees on Australian and international shares
Important: Share trading carries risk of capital loss.
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.
Historical closes compared with the close of A$2.81 on 2020-10-22
1 week (2021-01-08) | -5.39% |
---|---|
1 month (2020-12-16) | -7.87% |
3 months (2020-10-16) | -2.43% |
6 months (2020-07-16) | 18.57% |
1 year (2020-01-16) | -29.22% |
---|---|
2 years (2019-01-16) | -17.60% |
3 years (2018-01-16) | -21.94% |
5 years (2016-01-15) | -27.19% |
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, Skycity Entertainment shares trade at around 17x 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.
Gross profit TTM | $305.4 million |
---|---|
Return on assets TTM | 1.5% |
Return on equity TTM | 18.16% |
Profit margin | 36.52% |
Book value | 1.175 |
Market capitalisation | $2.2 billion |
TTM: trailing 12 months
Dividend payout ratio: 57.29% of net profits
Recently Skycity Entertainment has paid out, on average, around 57.29% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.53% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Skycity Entertainment shareholders could enjoy a 6.53% return on their shares, in the form of dividend payments. In Skycity Entertainment's case, that would currently equate to about A$0.19 per share.
Skycity Entertainment's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 27 February 2020 (the "ex-dividend date").
Skycity Entertainment's shares were split on 6 March 2008.
Over the last 12 months, Skycity Entertainment's shares have ranged in value from as little as $1.095 up to $3.8761. 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 1.215. This would suggest that Skycity Entertainment'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).
SkyCity Entertainment Group Limited, together with its subsidiaries, operates in the gaming, entertainment, hotel, convention, hospitality, and tourism sectors in New Zealand and Australia. It operates through Skycity Auckland, Other New Zealand Operations, SkyCity Adelaide, and International Business segments. The company engages in the hotels and convention, food and beverage, car parking, sky tower, property investment, and other related activities. It also operates casinos in Auckland, Hamilton, Queenstown, and Wharf, New Zealand; and Adelaide, Australia, as well as various restaurants, bars, and conference facilities. As of June 30, 2020, the company operated 273 table games, 3,204 electronic gaming machines, 307 automated table games, 19 restaurants, 14 bars, and 635 hotel rooms. The company was incorporated in 1994 and is headquartered in Auckland, New Zealand.
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