Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Australia
  4. Australian Stock Exchange
  5. Transurban Group
  6. News
  7. Summary
    TCL   AU000000TCL6

TRANSURBAN GROUP

(TCL)
  Report
Delayed Quote. Delayed Australian Stock Exchange - 01/25 12:10:14 am
12.63 AUD   -1.64%
01/23TRANSURBAN : Update - Dividend/Distribution - TCL
PU
2021TRANSURBAN GROUP : Ex-dividend day for interim dividend
FA
2021Preferred Westgate Outcome For Transurban
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Transurban : Morgans rates TCL as Add

10/24/2021 | 07:31pm EST

Transurban Group's first-quarter data reveals continued weak traffic (as expected given lockdowns and former management guidance).

Morgans downgrades FY21 earnings -1% given a traffic recovery is unlikely to outpace higher corporate costs (related to SaaS accounting). 

Issuance for the WestConnex acquisition and budget overruns for the West Gate Tunnel Project costs may also weigh.

FY22 earnings -7% and FY23-24 earnings -1% to -2%. Dividend is downgraded 12% to 34c per share.

Target price eases -3c to $14.79 from $14.82.

Add rating retained to reflect a potential total shareholder return of 10% including a 2.5% cash yield, with quarterly CPI increases a potential catalyst.

Sector: Transportation.

Target price is $14.82.Current Price is $13.75. Difference: $1.07 - (brackets indicate current price is over target). If TCL meets the Morgans target it will return approximately 7% (excluding dividends, fees and charges - negative figures indicate an expected loss).

© 2021 Acquisdata Pty Ltd., source FN Arena

All news about TRANSURBAN GROUP
01/23TRANSURBAN : Update - Dividend/Distribution - TCL
PU
2021TRANSURBAN GROUP : Ex-dividend day for interim dividend
FA
2021Preferred Westgate Outcome For Transurban
AQ
2021Morgans rates TCL as Add
AQ
2021Cimic Maintains Fiscal Year Guidance Despite Financial Hit From Troubled Tunnel -- Upda..
DJ
2021Cimic Maintains Fiscal Year Guidance Despite Financial Hit From Troubled Tunnel
DJ
2021TRANSURBAN : West Gate Tunnel Project Update - Investor Presentation
PU
2021TRANSURBAN : Application for quotation of securities - TCL
PU
2021AMA Group Appoints CFO
MT
2021Legal consequences of non-payment of a road toll in NSW
AQ
More news
Financials
Sales 2022 2 987 M 2 138 M 2 138 M
Net income 2022 20,3 M 14,5 M 14,5 M
Net Debt 2022 16 983 M 12 155 M 12 155 M
P/E ratio 2022 475x
Yield 2022 3,12%
Capitalization 38 777 M 27 694 M 27 755 M
EV / Sales 2022 18,7x
EV / Sales 2023 16,2x
Nbr of Employees 672
Free-Float -
Chart TRANSURBAN GROUP
Duration : Period :
Transurban Group Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TRANSURBAN GROUP
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Last Close Price 12,63 AUD
Average target price 14,40 AUD
Spread / Average Target 14,0%
EPS Revisions
Managers and Directors
Louis Scott Charlton Chief Executive Officer & Executive Director
Michelle Jablko Chief Financial Officer
Lindsay Philip Maxsted Independent Non-Executive Director
Simon Moorfield Group Executive-Customer & Technology
Peter Brooke Scott Independent Non-Executive Director
Sector and Competitors