How to buy Southern Cross Electrical Engineering shares | A$0.46
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Southern Cross Electrical Engineering Limited is an engineering & construction business based in Australia. Southern Cross Electrical Engineering shares (SXE) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.46 – a decrease of 2.13% over the previous week. Southern Cross Electrical Engineering has a trailing 12-month revenue of around $415.1 million.
How to buy shares in Southern Cross Electrical Engineering
- 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 Southern Cross Electrical Engineering . Find the share by name or ticker symbol: SXE. 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 Southern Cross Electrical Engineering 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 $0.46, 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 Southern Cross Electrical Engineering . 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.
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What's in this guide?
- Southern Cross Electrical Engineering key stats
- Compare share trading platforms
- Is Southern Cross Electrical Engineering stock a buy or sell?
- Southern Cross Electrical Engineering performance over time
- Are Southern Cross Electrical Engineering shares over-valued?
- Southern Cross Electrical Engineering 's financials
- How volatile are Southern Cross Electrical Engineering shares?
- Does Southern Cross Electrical Engineering pay a dividend?
- Other common questions
How has coronavirus impacted Southern Cross Electrical Engineering 's share price?
Since the stock market crash in March caused by coronavirus, Southern Cross Electrical Engineering 's share price has had significant negative movement.
Its last market close was $0.46, which is 26.98% down on its pre-crash value of $0.63 and 37.31% up on the lowest point reached during the March crash when the shares fell as low as $0.335.
If you had bought $1,000 worth of Southern Cross Electrical Engineering shares at the start of February 2020, those shares would have been worth $591.67 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 $766.67.
Southern Cross Electrical Engineering share priceUse our graph to track the performance of SXE stocks over time.
Southern Cross Electrical Engineering shares at a glance
|Latest market close||AUDA$0.46|
|52-week range||AUDA$0.335 - AUDA$0.64|
|50-day moving average||AUDA$0.4672|
|200-day moving average||AUDA$0.4393|
|Dividend yield||AUDA$0.03 (6.38%)|
|Earnings per share (TTM)||AUDA$0.045|
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Is it a good time to buy Southern Cross Electrical Engineering 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.
Southern Cross Electrical Engineering price performance over time
|1 week (2020-10-12)||-2.13%|
|1 month (2020-09-18)||-7.07%|
|3 months (2020-07-17)||9.52%|
|6 months (2020-04-17)||6.98%|
|1 year (2019-10-18)||-19.30%|
|2 years (2018-10-19)||-33.81%|
|3 years (2017-10-19)||-38.67%|
|5 years (2015-10-19)||33.33%|
Is Southern Cross Electrical Engineering under- or over-valued?
Valuing Southern Cross Electrical Engineering stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Southern Cross Electrical Engineering 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Southern Cross Electrical Engineering 's P/E ratio
Southern Cross Electrical Engineering 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Southern Cross Electrical Engineering shares trade at around 11x 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.
Southern Cross Electrical Engineering 's EBITDA
Southern Cross Electrical Engineering 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $19.3 million.
The EBITDA is a measure of a Southern Cross Electrical Engineering 's overall financial performance and is widely used to measure a its profitability.
Southern Cross Electrical Engineering financials
|Revenue TTM||$415.1 million|
|Operating margin TTM||3.93%|
|Gross profit TTM||$44.5 million|
|Return on assets TTM||3.99%|
|Return on equity TTM||7.1%|
|Market capitalisation||$116.4 million|
TTM: trailing 12 months
Southern Cross Electrical Engineering share dividends
Dividend payout ratio: 75% of net profits
Recently Southern Cross Electrical Engineering has paid out, on average, around 75% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.38% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Southern Cross Electrical Engineering shareholders could enjoy a 6.38% return on their shares, in the form of dividend payments. In Southern Cross Electrical Engineering 's case, that would currently equate to about A$0.03 per share.
Southern Cross Electrical Engineering '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 6 October 2020 (the "ex-dividend date").
Southern Cross Electrical Engineering share price volatility
Over the last 12 months, Southern Cross Electrical Engineering 's shares have ranged in value from as little as $0.335 up to $0.64. 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 Southern Cross Electrical Engineering 's is 0.7956. This would suggest that Southern Cross Electrical Engineering 's shares are less volatile than average (for this exchange).
Southern Cross Electrical Engineering overview
Southern Cross Electrical Engineering Limited provides electrical, instrumentation, communication, and maintenance services in Australia. It offers electrical and instrumentation (E&I) construction services, which include installation and commissioning of greenfield and brownfield upgrade projects in metropolitan, remote, and challenging environments. The company also provides fixed plant E&I construction; distribution and transmission line installation; substations, transformer, and switchyard installations; HV, LV control, instrument, and communication cabling and terminations; auditing, rectifications, and completions; constructability reviews; primary and secondary injection protection testing; instrumentation, loop checking, and calibrations; hazardous area installations; instrument air and tubing installation; and procurement and logistics management. In addition, it offers E&I services and maintenance, such as brownfields operational support, programed and breakdown maintenance, planned shutdown management, and sustaining capital project development; and in-house design and construct capability, asset life cycle management, hazardous area auditing and verification, procurement, and inspection and testing services. Further, the company provides communications services, such as integration and installation of communications technologies, such as communication equipment, data cabling, and fiber optics. It serves various markets comprising commercial developments; mining, and oil and gas; public infrastructure and defense; telecommunications and data centers; and industrial, utilities, and energy. The company was founded in 1978 and is headquartered in Perth, Australia.
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