- Transurban maintains its full-year distribution per share forecast at A$0.65.
- First quarter results show an overall average daily traffic increase of 1.1%.
- Region-specific average daily traffic changes are as follows:
- Sydney saw an increase of 1.9%.
- Melbourne experienced a decrease of 1%.
- Brisbane observed growth with a 1.3% rise.
- North America had a significant increase of 6.5%.
- Market analyst recommendations include 2 ‘buy’, 13 ‘hold’, and 1 ‘sell’.
“`
A look at Transurban Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
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
Transurban Group, a company that owns and operates urban toll road networks in Australia and North America, is positioned well for long-term growth according to the Smartkarma Smart Scores. With a strong score of 5 for Growth, Transurban Group is likely to see continued expansion and development in its operations. This indicates that the company is expected to capitalize on opportunities for growth in the future.
Moreover, with a solid score of 4 for Dividend and Momentum, Transurban Group is also seen as a reliable choice for investors looking for stable returns and positive market performance. These scores suggest that the company has the potential to provide attractive dividends to its shareholders while maintaining a consistent performance in the market. Overall, despite lower scores in Value and Resilience, the strong scores in Growth, Dividend, and Momentum bode well for the long-term outlook of Transurban Group.
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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