Webjet – Opportunity Approaches

Webjet is under Algo Engine buy conditions.

FY19 earnings grew at 43% and were ahead of market consensus.  EBITDA was $125mn. FY20 guidance is now between $150mn and $200mn, representing 30%+ growth for next year.

You're not a member!  Trial today!

The stock trades on a 1.9% dividend yield. Webjet goes ex-div $0.135 on 18th Sept and we expect our buy target of sub $12.00 to occur.

We see buying supporting building within the $11.50 to $12.00 range.





Investor Signals Pty Ltd ABN 44 143 555 453 is a Corporate Authorised Representative CAR No. 439411 of Advisor Plus Pty Ltd AFSL 474520
© 2020 Investor Signals