In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a disappointing decline. At the time of writing, the benchmark index is down 1.6% to 7,471.6 points.

Four ASX shares that have managed to avoid the selloff are listed below. Here’s why they are pushing higher:

Bellevue Gold Ltd (ASX: BGL)

The Bellevue Gold share price is up 3% to $1.02. This morning the gold explorer released its quarterly activities update. The company stated that it has made outstanding progress on both the geological and project development fronts during the quarter. This has culminated in a host of strong infill drilling results and the award of a mining contract.

CSL Limited (ASX: CSL)

The CSL share price is up 1.5% to $270.81. This appears to have been driven by a broker note out of Morgan Stanley. According to the note, the broker sees a pathway for the CSL share price to reach $400 by 2025. This would be an increase of almost 50% from current levels. Morgan Stanley sees the acquisition of Swiss biotech giant Vifor Pharma as key to driving the company’s shares materially higher. In the meantime, the broker has an overweight and $310 price target on its shares.

Endeavour Group Ltd (ASX: EDV)

The Endeavour share price is up over 1% to $7.72. This alcohol retailer’s shares were given a boost today from a broker note out of Goldman Sachs. In response to its trading update, the broker has retained its conviction buy rating and lifted its price target to $8.30. Goldman said: “We continue to believe that EDV is unrivaled in its capability to deliver a seamless omni-channel experience to consumers and can manage well through short-term cost volatilities with a less price-sensitive portfolio and high consumer loyalty.”

Serko Ltd (ASX: SKO)

The Serko share price is up 4% to $4.26. This is despite there being no news out of this travel technology company. However, its shares have failed to rebound like many of its travel sector peers recently. So, some investors may believe they are due for a rerating and have been picking them up today.

The post Why Bellevue Gold, CSL, Endeavour, and Serko shares are pushing higher today appeared first on The Motley Fool Australia.

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• 5 things to watch on the ASX 200 on Friday
• Why Australian Ethical, BHP, Endeavour, and Megaport shares are tumbling today
• CSL share price lifts amid US$4b debt raise

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended CSL Ltd. and Serko Ltd. The Motley Fool Australia has recommended Serko Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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When you ask an ASX investor to name an ASX dividend share, chances are you’ll hear something like Commonwealth Bank of Australia (ASX: CBA), Woolworths Group Ltd (ASX: WOW), or Telstra Corporation Ltd (ASX: TLS). And fair enough too. These blue-chip shares, along with plenty of other popular names, have been around a long time.

Over decades (in most cases), these Australian companies have built up their presence, both in our day-to-day lives, as well as in the minds of investors. We’ve seen growth and plenty of dividends and franking credits from all of them over the years.

But what about names such as WAM Capital Limited (ASX: WAM), Ophir High Conviction Fund (ASX: OPH), or Naos Emerging Opportunities Company Ltd (ASX: NCC)?

It’s doubtful these names have the same kind of impact on any investor’s psyche as the names listed above. But perhaps for an ASX dividend investor, they should. After all, CBA, Woolworths, and Telstra currently have trailing dividend yields of 3.54%, 2.39%, and 3.00% respectively.

But WAM Capital currently has 7.31% on the table. Naos is offering up 7.43%, while Ophir High Conviction Fund currently boasts a whopping yield of 13.22%.

These ASX shares certainly aren’t household names in the same league as CBA or Woolies. But they certainly have something to say when it comes to dividends. So what’s going on here? How can these shares offer such stupendous yields?

Why do some LICs offer such big dividend yields?

Well, it comes down to their nature. See, all of those companies are listed investment companies (LICs). That means they aren’t the traditional businesses we are used to seeing on the ASX.

A LIC functions more like a managed fund than a business. It invests its capital into other investments for the benefit of its shareholders. WAM Capital, for instance, invests in a portfolio of ASX shares that WAM describes as “undervalued growth companies”.

A traditional company like Telstra funds its dividends from its pool of profits. But a LIC can fund its dividend payments from two sources. It is entitled to the dividends and franking credits of its underlying holdings for one. So if a LIC like Ophir or Naos receives a dividend from a company in its portfolio, it can pass it on to its own shareholders.

But a LIC can also bank the profits it makes from buying and selling these shares. If it does so successfully, it can also use these funds to boost its dividends to its own shareholders. That is why we often see LICs like WAM Capital and Ophir with hefty trailing yields.

Of course, this doesn’t always translate into massive profits for investors. For example, despite its 7.31% dividend yield right now, WAM Capital has only given a total return of 1.7% over the 12 months to 31 March (not including fees either). That compares poorly against its benchmark All Ordinaries Total Accumulation Index (ASX: XAOA), which returned 15.5% over the same period.

But food for thought, nonetheless.

The post 13%? Why some ASX LICs have such high dividend yields appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen owns Telstra Corporation Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns and has recommended Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Judo Capital Holdings Ltd (ASX: JDO) share price is giving back all its gains made in the past few days. This comes despite the bank providing a positive update to the ASX in the hours before market open today.

At the time of writing, Judo shares are swapping hands at $1.672, down 2.22%.

What did Judo announce?

After a disappointing finish on Wall Street overnight, the All Ordinaries (ASX: XAO) is 1.61% lower to 7,760.2 points.

In turn, this has put selling pressure on the Judo share price throughout the day.

According to the company’s release, its CEO and co-founder, Mr Joseph Healy purchased a parcel of Judo shares yesterday.

The transaction involves 581,000 Judo shares which were picked up via an on-market trade for $1.72 per share. This equates to a value of almost $1 million.

Following the transaction, Mr Healy now has a total holding of roughly 34.77 million Judo shares. This represents about 3.15% of the company’s entire issued capital.

Judo noted that the share purchase was conducted during the trading window, and approved by the chair of the board.

It appears Mr Healy believes the company’s shares are attractively valued, taking advantage of the recent share price weakness.

Earlier this month, the Judo share price hit an all-time low of $1.61 before rebounding slightly higher.

The company noted that Mr Healy is prohibited from selling these shares within three months of the purchase date.

Judo share price snapshot

Since listing on the ASX in November 2021, Judo shares have sunken by around 21%.

The company’s share price has been moving along on a downhill trajectory, particularly since the start of 2022, down 22%.

Based on today’s price, Judo commands a market capitalisation of roughly $1.84 billion.

The post This ASX 300 share is down 22% in 2022, and the CEO just bagged another $1 million worth appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Judo Capital Holdings Limited. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The S&P/ASX 200 Index (ASX: XJO) is a sea of red on Friday and on course to record a disappointing decline. In afternoon trade, the benchmark index is down 1.6% to 7,471.6 points.

Four ASX shares that are falling more than most today are listed below. Here’s why they are dropping:

BHP Group Ltd (ASX: BHP)

The BHP share price is down 4% to $48.57. Investors have continued to sell this mining giant’s shares after its third quarter update revealed a cut to some of its guidance due to COVID-19 related disruptions. While analysts at Macquarie Group Ltd (ASX: MQG) expect strong commodity prices to offset much of this, the broker has still cut its price target slightly.

Megaport Ltd (ASX: MP1)

The Megaport share price has tumbled again and is down a further 9.5% to $9.06. This morning Morgans responded to Megaport’s third quarter update by retaining its hold rating but cutting its price target by 27% to $10.65. It said: “We remain convinced that MP1 has global potential. That said, investors need to see proof points of the scalability, so a lot hangs on a sales acceleration.”

OZ Minerals (ASX: OZL)

The OZ Minerals share price is down 6% to $24.59. The catalyst for this was the miner’s quarterly update. That update revealed that its gold and copper production fell 6% and 16%, respectively, over the previous quarter. OZ Minerals also reported an increase in its all-in sustaining costs for the period. And while management expects its performance to improve as the year progresses, it hasn’t been enough for some investors to stick with the company.

Zip Co Ltd (ASX: ZIP)

The Zip share price is down 3% to $1.11. This buy now pay later provider’s shares have come under pressure again on Friday after brokers responded negatively to its third quarter update. For example, the team at Jefferies retained their underperform rating and slashed their price target by 46% to $1.00. The broker was disappointed by Zip’s softening transaction volumes, which it feels will only get worse as it tightens its credit settings to combat worsening credit losses.

The post Why BHP, Megaport, OZ Minerals, and Zip shares are dropping appeared first on The Motley Fool Australia.

More reading

• Zip share price hits new multi-year low after brokers turn even more bearish
• Is this why the BHP share price is down 4% today?
• Here’s why the OZ Minerals share price is sliding 5% today
• Dividend beasts: 5 ASX 200 shares with the highest dividend yield right now
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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended MEGAPORT FPO. The Motley Fool Australia has recommended MEGAPORT FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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ASX gold miner – and now potential lithium hopeful – Alchemy Resources Limited (ASX: ALY) has struck ‘white gold’, and its share price has been electrified in response.

Soil sampling and rock chipping at the company’s Karonie Gold Project have discovered a new coherent lithium and pathfinder anomalous corridor.

At the time of writing, the Alchemy Resources share price is 2.7 cents, 42.11% higher than its previous close.

Though, that’s a slip from the ASX gold miner’s brand new 52-week high of 3.2 cents, reached this morning. That represents a 68% surge.

This ASX gold miner may have uncovered lithium

A potential new lithium asset has been identified east of Kalgoorlie, and this ASX miner’s shares are reaping the benefits.

Alchemy Resources’ Pecan, Mesquite, Hickory, and Cherry prospects have been found to house soil anomalies consistent with possible hard rock lithium mineralisation.

The prospects cover an area 7km long and 1km wide. They sit along Global Lithium Resources Ltd (ASX: GL1)’s and Breaker Resources NL (ASX: BRB)’s Manna Lithium Deposit‘s strike.

The ASX mining share recently found additional lithium targets for the Karonie regional areas through a desktop study. The study generated 15 initial targets.

Site visits to the targets will be conducted to ground-truth the target areas. Additionally, Alchemy Resources is planning a large-scale soil sampling campaign at the project.

It notes most of Karonie’s tenure sits on a contact zone for a regional granite strike, most of which hasn’t been tested for battery minerals.

In addition to the Karonie Project, the ASX miner owns Western Australia’s Lake Rebecca gold project.

It also has stakes in other gold, copper-nickel, and base metals projects around Australia.

Today’s gains included, the Alchemy Resources share price is 145% higher than its first close of 2022 – 1.1 cents.

The post This ASX gold miner just struck lithium, and its shares are rocketing 68% appeared first on The Motley Fool Australia.

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• How do you value the Flight Centre share price in April 2022?

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Today is Earth Day, which gives heightened attention to the world’s environmental threats. For this reason, we are taking a look at two ASX All Ords shares that are striving to make a positive impact on the planet.

For those investors feeling a little less altruistic, don’t worry, the following companies have also provided big returns in the past 12 months. You might be surprised by how green these ASX shares have been.

Without further ado, here are two companies that are living proof being green can also reward shareholders.

Keeping the green dream alive in the ASX All Ords

Calix Ltd (ASX: CXL)

Although Calix is probably not a share in the S&P/ASX All Ordinaries (ASX: XAO) that is heard of frequently, its efforts in the decarbonisation industry are notable.

Leading with innovation, the Australian company is mostly recognised for its developments in calcination technology. This includes Calix’s ‘LEILAC’ or Low Emissions Intensity Lime and Cement project — which seeks to drastically reduce carbon dioxide emissions in the cement and lime production industry.

Additionally, Calix is working with lithium miner Pilbara Minerals Ltd (ASX: PLS) to use the same technology to improve the sustainability of lithium production.

While the company’s revenues are relatively modest for its market capitalisation, investors have been getting excited about future prospects. This has fuelled an incredible performance for the Calix share price over the last year, rising 301%. That makes this green aspirant the ninth-best performing share in the ASX All Ords index over the 12-month timeframe.

Neometals Ltd (ASX: NMT)

While compact lithium-ion batteries promise a more electric future, fears have arisen over the years that the life cycle has not been thoroughly thought out. Already, the CSIRO is projecting more than 100,000 tonnes of lithium-ion battery waste in Australia by 2036.

To combat this, Neometals has developed a sustainable battery recycling process. On 28 March, the company announced the opening of a lithium-ion battery recycling facility in Hilchenbach, Germany. At capacity, the plant will process 10 tonnes of battery material per day.

Today, this ASX All Ords company received the necessary German operating permit to commence operations. Additionally, Neometals has plans to create larger versions of this technology pending further studies.

Finally, shareholders of Neometals have enjoyed market-beating returns in the last year. Shares in the battery recycler have surged 270%. Meanwhile, the S&P/ASX 200 Index (ASX: XJO) is up a mere 5.8% during this time.

The post 2 ASX All Ords shares helping the planet and the back pocket appeared first on The Motley Fool Australia.

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• What exactly is vanadium and which ASX shares have exposure?
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Motley Fool contributor Mitchell Lawler has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Elon Musk is never too far away from the headlines, it seems. The Tesla Inc (NASDAQ: TSLA) CEO has recently been at the centre of tech investors’ attention over his guns blazing bid for total ownership of the social media giant Twitter Inc (NYSE: TWTR).

Musk first indicated he was interested in playing a larger role at Twitter when he bought a large parcel of the company’s shares earlier this month, taking his Twitter stake to 9.2%.

He subsequently declined a board seat and made an offer of US$54.2 per share in cash to acquire the entire company and take it private. In response, Twitter’s board has implemented what is known as a ‘poison pill’ strategy, which is a US mechanism that can help prevent a hostile takeover of a company by diluting the owner’s shareholder base.

But now, another twist has emerged in this dramatic tale. According to reporting in the Australian Financial Review (AFR) this morning, Musk has revealed that he has secured the US$46.5 billion in funding he intends to buy Twitter with.

In a listing with the US Securities and Exchange Commission (SEC), Musk reportedly listed three sources of this funding. The first two are investment loans from US banks, collectively worth US$25.5 billion. The remaining US$21 billion will be funded by Musk himself, presumably from the sale of Tesla and perhaps SpaceX stock. SpaceX is another private company that Musk helms as CEO and from which he derives a significant chunk of his net wealth.

Musk has also reportedly been hinting that he will pursue a ‘tender offer’. This involves making a purchase offer available to all Twitter investors at a set price. If enough investors accept and sell their shares to Musk, he wouldn’t need board approval for a takeover. 

Is Elon Musk about to buy Twitter?

So is Elon Musk buying Twitter? Well, that’s basically all we know for now. But Musk’s actions certainly show he is at the very least seriously considering a full buyout of Twitter. Musk has taken to the platform in recent weeks to express his concerns over the platform and suggest improvements. Here’s one such Tweet:

Most of these “top” accounts tweet rarely and post very little content.

Is Twitter dying? https://t.co/lj9rRXfDHE

— Elon Musk (@elonmusk) April 9, 2022

https://platform.twitter.com/widgets.js

Of course, Musk will need a veritable army of Twitter shareholders behind him if he is to succeed in taking Twitter private, an army happy to accept a buyout price of US$54.2 a share no less. Since Twitter has traded as high as US$73 in just the past year alone, that could be a hard task.

Musk has had doubters before, and he has a knack for proving them wrong, and for doing the unexpected.

But Musk has also attempted to take one of his companies – Tesla – private before. And that ended up with Musk himself getting a slap on the wrist from the SEC over some of his Tweets on the matter. So who knows where this tale’s next chapter will take us.

This morning (our time), Twitter stock closed at US$47.08 a share, giving the social media company a market capitalisation of US$35.95 billion.

The post Is Elon Musk really going to buy Twitter? appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen owns Tesla. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Tesla and Twitter. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Entering the stratosphere today is the Way 2 Vat Ltd (ASX: W2V) share price.

The leading global VAT refunds company delivered a positive announcement on the ASX this morning, exciting investors.

At the time of writing, Way 2 Vat’s shares are up a massive 184.09% to 12.5 cents.

Way 2 Vat launches world-first smart spend debit Mastercard

Prior to the market opening this morning, the company advised it had launched the world’s first smart spend debit Mastercard.

According to its release, Way 2 Vat has teamed up with Railsbank to bring a product to the market that simplifies payments and eliminates complex administrative tasks.

Catered towards the small-to-medium business and enterprise market, the card fully automates VAT/GST returns from end-to-end.

As such, companies can now submit spend receipts and capture invoices through Way2VAT’s technology platform.

Once an employee spends their allocated amounts, the VAT/GST is automatically submitted with all relevant administration completed.

Way 2 Vat explained that “new technology automatically analyses, reconciles, sorts and submits documentation to foreign tax authorities.”

Furthermore, the card controls expenses per transaction by merchant, expense category, date, amount and frequency.

Administrators can control budgets, place spending caps and limit payments to approved vendors using Way 2 Vat’s dashboard.

In the initial phase, the smart spend debit Mastercard will be launched in the United Kingdom and across Europe. This will involve introducing 5,000 cards to 150 companies that have between 100 and 2,000 employees.

Way 2 Vat will earn revenue through a software-as-a-service (SaaS) model consisting of monthly charges to card users, administration licenses and a percentage from each VAT/GST refund.

In addition, the company will look at further expanding to Australia and North America in the near future.

What did management say?

Way 2 Vat CEO and co-founder, Amos Simantov commented:

The Way2VAT Smart Spend Debit Mastercard is the first of its kind and a game-changer for finance and management teams. Many of our clients were asking for a product of this type. Our partnership with Railsbank can replace a company’s expense management system with a card that simplifies payments and eliminates complex administrative tasks.

…The Smart Spend Debit Mastercard will be a key driver as it allows us to upsell to our existing SMB and enterprise clients and will drive strong sales in key markets such as the UK and Israel.

About the Way 2 Vat share price

Despite today’s euphoric gains, the Way 2 Vat share price is down 20% in 2022.

The company’s shares have been on a downward trend since being listed on the ASX in September last year.

Over the past 12 months, Way 2 Vat’s shares are down 40%.

On valuation grounds, Way 2 Vat presides a market capitalisation of roughly $12.98 million.

The post Here’s why this ASX fintech share is rocketing 180% on Friday appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Zip Co Ltd (ASX: ZIP) share price has continued its slide on Friday.

In morning trade, the buy now pay later (BNPL) provider’s shares were down 6% to a new multi-year low of $1.08.

Why is the Zip share price dropping today?

Investors have been selling down the Zip share price on Friday after brokers responded overwhelmingly negatively to the company’s third quarter update.

In case you missed it, Zip reported third quarter transaction volume growth of 27% to $2.1 billion and quarterly revenue growth of 39% to $159.2 million. While this is solid growth, it was still well short of the market’s expectations.

In addition, softening usage metrics and worsening credit losses weighed heavily on investor sentiment.

What has been the reaction?

A number of brokers have given their verdict on the result and updated their recommendations accordingly. Here’s a summary of what analysts are saying:

According to a note out of Jefferies, its analysts have retained their underperform rating and slashed their price target by 46% to a lowly $1.00. The broker was disappointed by Zip’s softening transaction volumes, which it feels will only get worse as it tightens its credit settings to combat its worsening credit losses.

It was a similar over at Macquarie Group Ltd (ASX: MQG). It was also disappointed with Zip’s quarterly update. This has seen the broker retain its underperform rating and cut its price target by 43% to $1.05.

Finally, over at Morgans, its formerly bullish analysts have downgraded the company’s shares from an add rating to a hold rating. The broker has also taken an axe to its price target, cutting it down to $1.26 from $3.94.

Morgans commented: “Overall, Z1P is early in implementing its refreshed strategy focused on getting to profitability. However clear evidence of improvement in the bad debt charge, the most likely near term catalyst in our view, is still a couple of quarters away (1Q23).”

“Clearly the global environment has changed significantly for the BNPL operators and for investors it’s not a space for the faint hearted. We ultimately do see a pathway for Z1P to get to profitability over the next few years benefitting from the scale provided by the Sezzle acquisition. However it remains a difficult journey with no shortage of risks and we move to a Hold recommendation,” it added.

One small positive for shareholders is that with the Zip share price fetching $1.08, it is now trading within touching distance of even the lowest price target.

The post Zip share price hits new multi-year low after brokers turn even more bearish appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Flight Centre Travel Group Ltd (ASX: FLT) share price has been travelling higher over the past couple of months. Its shares reached a year-to-date high of $22.59 yesterday before slightly retracing.

However, after a disappointing finish on Wall Street overnight, the ASX is heading south today.

This has impacted the travel agent’s shares which are trading 3.08% lower at $21.86.

Calculating the value

The most common way to value an ASX share is to calculate the company’s price-to-earnings (P/E) ratio. Traditionally, this metric is used to provide more clarity if a company is overvalued or undervalued.

A P/E ratio can be broken down as the relationship between a company’s share price and its earnings per share (EPS).

Currently, Flight Centre has a negative P/E ratio of 11.41. The formula to work out the P/E ratio is the current share price divided by EPS (currently -1.977).

Essentially, this means the company is losing money and has not made a profit over the last 12 months.

Although, after two years of lockdowns and heavy restrictions, borders are now opening up as travel momentum builds.

In Flight Centre’s half-year results released in February, management highlighted a much-improved performance since the COVID-19 ravaged years.

Immediately after the Delta spike in late August and early September, the company recorded strong sales growth. This rebound, however, was short-lived, with the Omicron variant outbreak impacting demand in December.

Overall, Flight Centre posted an underlying loss after tax of $188 million, up 4% on the prior corresponding period.

Nonetheless, management remains optimistic about the near-term future, signalling a return to pre-Omicron profitability during FY22.

Although, this is based on the expectation that international travel continues to gradually return to normalcy.

Flight Centre share price snapshot

Over the past 12 months, the Flight Centre share price has lifted by around 21%. However, it is up around 60% since hitting near COVID-19 lows in August.

Currently, its share price is hovering around the upper middle of its 52-week range of $13.67 to $25.28.

Based on valuation grounds, Flight Centre has a market capitalisation of around $4.45 billion, with 199.74 million shares on issue.

The post How do you value the Flight Centre share price in April 2022? appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Flight Centre Travel Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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