- Auckland Airport experienced a 3% increase in total passenger numbers in December compared to the previous year.
- International passenger traffic for December rose by 7% year-on-year.
- Domestic passenger numbers remained stagnant with a 0% change year-on-year in December.
- For the year-to-date, total passenger numbers increased by 2% compared to the previous year.
- Year-to-date international passenger numbers saw a 4% increase year-on-year.
- Year-to-date domestic passenger figures showed no change, remaining at a 0% growth rate year-on-year.
- Market analysts have 4 buy ratings, 6 hold ratings, and 2 sell ratings on the resource.
Auckland Intl Airport on Smartkarma
Analyst coverage on Smartkarma reveals diverse sentiments regarding Auckland Intl Airport. Clarence Chu‘s bullish note discusses Auckland Council seeking NZ$1.3bn through a complete sale of its stake, anticipating a significant impact on the stock. In contrast, Sumeet Singh highlights the potential for a US$800m cleanup with ACC’s remaining 11% stake to be transferred. Brian Freitas contributes positively, noting index impact and passive buyers absorbing a sizeable portion of the offerings.
These reports shed light on the strategic moves within Auckland Airport, with Chu’s cautious stance on the NZ$1.4bn raising against more optimistic tones by Freitas and Singh. The market awaits the outcomes of these placements and anticipates shifts in ownership structures and market dynamics as outlined by the independent analysts on Smartkarma.
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 Intl Airport shows a promising long-term outlook. With strong scores in Resilience and Momentum, the company appears well-equipped to weather challenges and maintain a positive trajectory. The high Momentum score suggests that the company is experiencing positive trends that may continue in the future, indicating potential for growth and profitability.
Auckland Intl Airport also demonstrates solid performance in Value, indicating that the company may be undervalued relative to its potential. While the Dividend and Growth scores are moderate, the overall outlook for Auckland Intl Airport seems optimistic, especially with its strong Resilience score, highlighting its ability to withstand market fluctuations and uncertainties.
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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