10 stories mentioning ASX:WEB
Every FINWIRES story that references ASX:WEB, newest first.
Web Travel Group (ASX:WEB) said JPMorgan Chase & Co. and its affiliates became a substantial holder in the company on June 5, with a stake of 5.15% or 18.6 million shares, according to a Wednesday Australian bourse filing.The company's shares were down 1% in recent Wednesday trade.
Elevra Lithium (ASX:ELV), Electro Optic Systems (ASX:EOS), FireFly Metals (ASX:FFM), Kingsgate Consolidated (ASX:KCN), and Minerals 260 (ASX:MI6) joined the S&P/ASX 200 Index before trading began on Monday, S&P Dow Jones Indices reported Friday.Meanwhile, Guzman Y Gomez (ASX:GYG), IDP Education (ASX:IEL), SiteMinder (ASX:SDR), Temple & Webster (ASX:TPW) and WEB Travel (ASX:WEB) were removed from the index as part of the rebalancing.
(Updates to add stock movement in the last paragraph)Web Travel Group (ASX:WEB) said its chief executive and managing director, John Guscic, sold 2.7 million fully paid ordinary shares for a consideration of AU$6.9 million in order to to settle amounts owed to UBS under previously disclosed funding arrangements, according to an Australian bourse filing on May 29 after hours.The funding arrangements included options and stock loans referencing 2.7 million Web Travel Group shares.The company's shares fell past 2% in recent Monday trade.
Web Travel Group (ASX:WEB) said its chief executive and managing director, John Guscic, sold 2.7 million fully paid ordinary shares for a consideration of AU$6.9 million in order to to settle amounts owed to UBS under previously disclosed funding arrangements, according to an Australian bourse filing on May 29 after hours.The funding arrangements included options and stock loans referencing 2.7 million Web Travel Group shares.
Web Travel Group (ASX:WEB) has an average rating of buy and mean price target of AU$4.52, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Web Travel Group (ASX:WEB) has an average rating of buy and mean price target of AU$4.52, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
(Corrects the company name in the headline and first paragraph)Web Travel Group (ASX:WEB) reported Wednesday fiscal 2026 underlying earnings of AU$0.238 per share, up from AU$0.205 a year earlier.Analysts polled by FactSet expected earnings of AU$0.22.Revenue for the 12 months ended March 31 was AU$394.1 million, compared with AU$328.4 million a year earlier. Analysts surveyed by FactSet expected AU$380.5 million.The board did not declare a dividend for this period.
Web Travel Group (ASX:WEB) fiscal year 2026 results beat consensus, but the early read on fiscal year 2027 trading is weak, with the first eight weeks expected to drive downgrades, mostly due to the conflict in the Middle East, Jefferies said in a Wednesday note.The company recently reported fiscal year 2026 underlying earnings of AU$0.238 per share, up from AU$0.205 a year earlier.Revenue for the 12 months ended March 31 was AU$394.1 million, compared with AU$328.4 million a year earlier.The Middle East conflict is weighing on total transaction value as high cancellation rates and shorter stays have severely impacted the region.With limited near-term visibility, the company omitted its previously provided fiscal year 2027 50% earnings before interest, taxes, depreciation, and amortization margin target, the financial services said.Jefferies is expecting the company to recover heading into the second half of fiscal year 2027 as disruption fades and travel demand normalizes, but conviction remains low due to near-term demand volatility.Jefferies maintained a hold rating on Web Travel Group and lowered its price target to AU$2.70 from AU$3.10.
Webjet (ASX:WEB) reported Wednesday fiscal 2026 underlying earnings of AU$0.238 per share, up from AU$0.205 a year earlier.Analysts polled by FactSet expected earnings of AU$0.22.Revenue for the 12 months ended March 31 was AU$394.1 million, compared with AU$328.4 million a year earlier. Analysts surveyed by FactSet expected AU$380.5 million.The board did not declare a dividend for this period.
Webjet (ASX:WEB) said the voting power of Macquarie Group (ASX:MQG), and its controlled bodies corporate, in the firm rose to 7.18% from 6.15%, as of Tuesday, according to a Friday Australian bourse filing.Macquarie now holds nearly 26 million votes in Webjet.Webjet's shares fell 3% in recent trading on Friday.