- Total passengers in November at Auckland Airport increased by 3% compared to the same month last year.
- International and domestic passengers in November both showed a 3% year-on-year increase.
- Year-to-date, total passenger numbers rose by 2% compared to the previous year.
- Year-to-date international passenger growth stood out with a 4% increase, while domestic passenger numbers remained unchanged.
- November passenger movements reached 90% of the levels seen before COVID-19.
- Domestic travel recovered to 92% of pre-pandemic figures, whereas international travel was at 89%.
- New Zealand passport holders made up 43% of international passenger traffic in November, up 3% from last year.
Auckland Intl Airport on Smartkarma
Independent analysts on Smartkarma are offering contrasting views on Auckland Intl Airport‘s recent developments. Clarence Chu, in a bullish sentiment, discusses the NZ$1.3bn cleanup sale, emphasizing the potential impact of Auckland Council’s stake sale on the stock. Conversely, Sumeet Singh also leans bullish, focusing on a possible future placement and ACC’s stake transfer plans. Brian Freitas, another bullish analyst, addresses the potential index flows resulting from the sale and highlights passive buying behavior.
However, in a bearish perspective, Clarence Chu also covers the airport’s NZ$1.4bn raising, highlighting concerns regarding the large offering’s impact on the stock. These insights on Smartkarma provide investors with a range of perspectives to consider when evaluating Auckland Intl Airport‘s current and potential future performance.
A look at Auckland Intl Airport Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
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
Based on the Smartkarma Smart Scores, Auckland International Airport shows a promising long-term outlook. With a strong score of 4 in resilience and 5 in momentum, the company seems well-positioned to weather challenges and sustain growth momentum in the future. While the value score sits at a decent 3, the dividend and growth scores are rated at 2 each, indicating areas for potential improvement.
Auckland International Airport Limited, the owner and operator of Auckland International Airport, boasts a diverse range of facilities including terminals, commercial operations, and office buildings. With a focus on resilience and a positive momentum, the company’s overall outlook appears optimistic for the long term, despite some room for enhancement in terms of dividend and growth aspects.
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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