- Auckland Airport saw a 3% year-on-year increase in total passengers for October.
- International passenger numbers in October also grew by 3% compared to the previous year.
- There was a modest rise of 1% in domestic passenger numbers for October year-on-year.
- Year-to-date figures reflect a 9% increase in total passengers compared to the previous year.
- Year-to-date international passenger numbers are up by 13% year-on-year.
- Domestic passengers rose by 3% year-to-date when compared to last year.
- In terms of analyst recommendations: there are 5 “buy” suggestions, 5 “hold” recommendations, and 1 recommendation to “sell.”
Auckland Intl Airport on Smartkarma
Analyst coverage of Auckland Intl Airport on Smartkarma reveals varying sentiments from different experts. Brian Freitas, in the report “Auckland Airport (AIA NZ) Placement: Index Impact,” is bullish on the company’s underwritten placement of NZ$1.2bn and retail offer of NZ$200m. He notes that passive trackers are expected to acquire a significant portion of the placement shares, potentially influencing the stock positively.
On the contrary, Clarence Chu takes a bearish stance in his report “Auckland Airport Placement – Large NZ$1.4bn Raising, with ACC’s Overhang to Contend With.” He highlights concerns about the sizable underwritten placement of NZ$1.2bn, which may pose challenges for the stock. Chu evaluates the deal through an ECM framework and discusses potential impacts on the company’s dynamics.
A look at Auckland Intl Airport Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have evaluated Auckland Intl Airport‘s overall outlook using their Smart Scores system, which rates different factors affecting the company. With a high Resilience score of 4 and Momentum score of 4, the airport is deemed to have strong staying power and positive market traction. However, the Value, Dividend, and Growth scores are lower, indicating areas where the company may have some room for improvement.
Auckland International Airport Limited, the owner and operator of the Auckland International Airport, boasts a comprehensive infrastructure comprising a single runway, an international terminal, and two domestic terminals. In addition to its core operations, the airport features various commercial facilities such as airfreight services, car rentals, banking services, and office spaces, catering to diverse customer needs and enhancing revenue streams.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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