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How to buy Air New Zealand (AIZ) shares in Australia

Learn how to easily invest in Air New Zealand shares.

Air New Zealand is an airlines business based in Australia. Air New Zealand shares (AIZ) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Air New Zealand has a trailing 12-month revenue of around $6.7 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Air New Zealand

To buy shares listed in Australia such as Air New Zealand, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.

  1. Open and fund your brokerage account.
    Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  2. Search for Air New Zealand.
    Find the share by name or ticker symbol: AIZ. Research its history to confirm it's a solid investment against your financial goals.
  3. Purchase now or later.
    Buy today with a market order or use a limit order to delay your purchase until Air New Zealand reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  4. 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.
  5. Check on your investment.
    Congratulations, you own a part of Air New Zealand. Optimise your portfolio by tracking how your stock and 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 affect your stock.

Air New Zealand stock price (ASX:AIZ)

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

Air New Zealand shares at a glance

Information last updated 2024-05-17.
52-week range$0.465 - $0.6916
50-day moving average $0.5326
200-day moving average $0.6056
Target price$1.17
PE ratio 4.5
Dividend yield $0.02 (6.4%)
Earnings per share (TTM) $0.11

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.
Name Product Standard brokerage fee Inactivity fee Asset class
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Tiger Brokers
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Tiger Brokers
$5.50
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Finder exclusive: 10 no-brokerage US or ASX market trades in the first 180 days + 7% p.a. on uninvested cash with first deposit of any amount, plus US$30 TSLA + US$30 NVDA shares with deposits up to AU$2000. T&Cs apply.
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CMC Invest
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ASX shares, Global shares, Options trading, US shares, ETFs
$0 brokerage on US, UK, Canadian and Japanese markets (FX spreads apply).
Trade over 45,000 shares and ETFs from Australia and 15 major global markets. Plus, buy Aussie shares or ETFs for $0 brokerage up to $1,000 (First buy order of each security, each day - excludes margin loan settled trades).
Webull
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ASX shares, Global shares, Options trading, US shares, ETFs
Get 30 days of $0 brokerage fees when you open your account. Receive $50 of TSLA shares and a $50 trading voucher when you deposit $200. T&Cs apply.
Trade ASX and US stocks and US options, plus gain access to inbuilt news platforms and educational resources. You can also start trading for less with fractional shares.
Saxo Invested
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ASX shares, Global shares, Options trading, US shares, ETFs
Access 22,000+ stocks on 50+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
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Is it a good time to buy Air New Zealand stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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.

Air New Zealand price performance over time

Historical closes compared with the last close of A$0.495

1 week (2024-05-10) -1.98%
1 month (2024-04-18) -7.48%
3 months (2024-02-16) -17.15%
6 months (2023-11-17) -19.51%
1 year (2023-05-18) -31.72%
2 years (2022-05-18) -18.85%
3 years (2021-05-18) -67.75%
5 years (2019-05-17) -81.25%

Is Air New Zealand under- or over-valued?

Valuing Air New Zealand stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Air New Zealand's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Air New Zealand's P/E ratio

Air New Zealand's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Air New Zealand shares trade at around 5x 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.

Air New Zealand's PEG ratio

Air New Zealand's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.868. 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 Air New Zealand's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Air New Zealand's EBITDA

Air New Zealand's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $828 million (£0.0 million).

The EBITDA is a measure of a Air New Zealand's overall financial performance and is widely used to measure stock profitability.

Air New Zealand financials

Revenue TTM $6.7 billion
Operating margin TTM 5.01%
Gross profit TTM $2 billion
Return on assets TTM 3.31%
Return on equity TTM 16.96%
Profit margin 4.88%
Book value 0.592
Market capitalisation $1.7 billion

TTM: trailing 12 months

Air New Zealand share dividends

We're not expecting Air New Zealand to pay a dividend over the next 12 months.

Have Air New Zealand's shares ever split?

Air New Zealand's shares were split on a 1:5 basis on 16 August 2004. So if you had owned 5 shares the day before the split, the next day you would own 1 share. This wouldn't directly have changed the overall worth of your Air New Zealand shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Air New Zealand shares which in turn could have impacted Air New Zealand's share price.

Air New Zealand share price volatility

Over the last 12 months, Air New Zealand's shares have ranged in value from as little as $0.465 up to $0.6916. A popular way to gauge a stock's volatility is its "beta".

AIZ.AU volatility(beta: 1.44)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Air New Zealand's is 1.441. This would suggest that Air New Zealand's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).

Air New Zealand overview

Air New Zealand Limited provides passenger and cargo transportation services on scheduled airlines primarily in New Zealand, Australia, the Pacific Islands, the United Kingdom, Europe, Asia, and the United States. The company also offers ground handling services; engineering and maintenance services, including aircraft and component maintenance, repair, and overhaul services; aviation services; and aircraft leasing and financing services. As of June 30, 2023, it operated a fleet of 7 Boeing 777-300ER, 14 Boeing 787-9 Dreamliner, 6 Airbus A320neo, 10 Airbus A321neo, 17 Airbus A320CEO, 29 ATR 72-600, and 23 Bombardier Q300 aircrafts. The company was formerly known as Tasman Empire Airways Limited and changed its name to Air New Zealand Limited in April 1965. Air New Zealand Limited was incorporated in 1940 and is based in Auckland, New Zealand.

Air New Zealand in the news

There are no recent company news

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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