A$11.87
Corporate Travel Management is a travel services business based in Australia. Corporate Travel Management shares (CTD) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Corporate Travel Management has a trailing 12-month revenue of around $710.4 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Corporate Travel Management
To buy shares listed in Australia such as Corporate Travel Management, 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 or you can see our list of the best share trading platforms in Australia. Then follow these steps.
-
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.
-
Search for Corporate Travel Management. Find the share by name or ticker symbol: CTD. 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 Corporate Travel Management reaches your desired price. Look into dollar-cost averaging to spread out your risk, 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 on your investment. Congratulations, you own a part of Corporate Travel Management. 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.
Our top pick for
Best for day trading
Our top pick for
Education & learning
Our top pick for
Low commission
Corporate Travel Management stock price (ASX:CTD)
Use our graph to track the performance of CTD stocks over time.Corporate Travel Management shares at a glance
52-week range | $10.6888 - $21.0406 |
---|---|
50-day moving average | $12.9504 |
200-day moving average | $16.0865 |
Target price | $17.55 |
PE ratio | 20.2931 |
Dividend yield | $0.29 (2.46%) |
Earnings per share (TTM) | $0.58 |
Where to buy Corporate Travel Management shares
Is it a good time to buy Corporate Travel Management 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.
Corporate Travel Management price performance over time
Historical closes compared with the last close of A$11.87
1 week (2024-08-30) | 0.85% |
---|---|
1 month (2024-08-07) | -8.41% |
3 months (2024-06-07) | -11.35% |
6 months (2024-03-07) | -28.71% |
1 year (2023-09-07) | -32.75% |
---|---|
2 years (2022-09-07) | -37.30% |
3 years (2021-09-07) | -48.92% |
5 years (2019-09-06) | -34.78% |
Is Corporate Travel Management under- or over-valued?
Valuing Corporate Travel Management stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Corporate Travel Management's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Corporate Travel Management's P/E ratio
Corporate Travel Management's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, Corporate Travel Management shares trade at around 20x 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.
Corporate Travel Management's EBITDA
Corporate Travel Management's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $136.5 million (£0.0 million).
The EBITDA is a measure of a Corporate Travel Management's overall financial performance and is widely used to measure stock profitability.
Corporate Travel Management financials
Revenue TTM | $710.4 million |
---|---|
Operating margin TTM | 14.02% |
Gross profit TTM | $252.3 million |
Return on assets TTM | 4.28% |
Return on equity TTM | 7.26% |
Profit margin | 11.89% |
Book value | 8.122 |
Market capitalisation | $1.7 billion |
TTM: trailing 12 months
Corporate Travel Management share dividends
Dividend payout ratio: 67.36% of net profits
Recently Corporate Travel Management has paid out, on average, around 67.36% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.46% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Corporate Travel Management shareholders could enjoy a 2.46% return on their shares, in the form of dividend payments. In Corporate Travel Management's case, that would currently equate to about A$0.29 per share.
Corporate Travel Management'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 28 August 2024 (the "ex-dividend date").
Corporate Travel Management share price volatility
Over the last 12 months, Corporate Travel Management's shares have ranged in value from as little as $10.6888 up to $21.0406. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Corporate Travel Management's is 1.706. This would suggest that Corporate Travel Management's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).
Corporate Travel Management overview
Corporate Travel Management Limited, a travel management solutions company, manages the procurement and delivery of travel services in Australia and New Zealand, North America, Asia, and Europe. . The company provides corporate travels, meetings and event travel management, resources travel, sports travel, leisure travel, loyalty travel, and wholesale travel services, as well as accommodation agency services. Corporate Travel Management Limited was founded in 1994 and is based in Brisbane, Australia.
Corporate Travel Management in the news
Corporate Travel Management Insiders Placed Bullish Bets Worth AU$1.45m
Are Investors Undervaluing Corporate Travel Management Limited (ASX:CTD) By 21%?
Here's Why Corporate Travel Management (ASX:CTD) Has Caught The Eye Of Investors
Frequently asked questions
More guides on Finder
-
Best growth stocks under $10 in Australia (2024)
We used Finder's proprietary algorithm to find the 10 best stocks under $10 on the ASX.
-
Best stocks under $5 in Australia (2024)
We used Finder's proprietary algorithm to find Australian-listed companies that have strong fundamentals and have a share price under $5.
-
The best ASX shares to buy now in 2024? (September update)
Here are our algorithm-selected 20 Aussie stocks worth watching in 2024.
-
Alternatives to Robinhood in Australia
You can't access Robinhood in Australia, so here are 6 low-cost alternatives to trade US stocks.
-
How to invest in the S&P 500
Find out the different ways you can invest in the S&P 500 index from Australia.
-
The cheapest stock brokers in Australia (Sep 2024)
Find cheap stock brokerage in Australia when buying and selling shares on the ASX and other international exchanges.
-
Options trading in Australia: How to trade options in 2024
A beginner's guide to options trading in Australia. Read the step-by-step process and compare brokers to start trading.
-
How to open a share trading account
If you're looking to start your investment journey, here's how to open a share trading account.
-
Best investment and stock trading apps in Australia (2024)
Compare share trading apps to find out which app has all the tools and resources you need to reach your investment goals.
-
14 best share trading platforms Australia – ranked
Follow these tips to find the best share trading platform for you.
Ask a question