Latest news with #CorporateTravelManagementLimited
Business Insider
22-05-2025
- Business
- Business Insider
Positive Report for Corporate Travel Management Limited (CTMLF) from UBS
UBS analyst Tim Plumbe upgraded Corporate Travel Management Limited (CTMLF – Research Report) to a Buy today and set a price target of A$13.55. The company's shares closed last Tuesday at $8.57. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter Plumbe covers the Consumer Cyclical sector, focusing on stocks such as Flight Centre Travel Group Limited, Corporate Travel Management Limited, and Collins Foods . According to TipRanks, Plumbe has an average return of 0.1% and a 43.51% success rate on recommended stocks. Currently, the analyst consensus on Corporate Travel Management Limited is a Moderate Buy with an average price target of $9.54.
Yahoo
08-05-2025
- Business
- Yahoo
Corporate Travel Management Limited's (ASX:CTD) latest 11% decline adds to one-year losses, institutional investors may consider drastic measures
Key Insights Institutions' substantial holdings in Corporate Travel Management implies that they have significant influence over the company's share price The top 7 shareholders own 53% of the company Insider ownership in Corporate Travel Management is 13% We've discovered 1 warning sign about Corporate Travel Management. View them for free. If you want to know who really controls Corporate Travel Management Limited (ASX:CTD), then you'll have to look at the makeup of its share registry. We can see that institutions own the lion's share in the company with 51% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). As a result, institutional investors endured the highest losses last week after market cap fell by AU$204m. This set of investors may especially be concerned about the current loss, which adds to a one-year loss of 27% for shareholders. Institutions or "liquidity providers" control large sums of money and therefore, these types of investors usually have a lot of influence over stock price movements. As a result, if the decline continues, institutional investors may be pressured to sell Corporate Travel Management which might hurt individual investors. Let's delve deeper into each type of owner of Corporate Travel Management, beginning with the chart below. View our latest analysis for Corporate Travel Management ASX:CTD Ownership Breakdown May 8th 2025 What Does The Institutional Ownership Tell Us About Corporate Travel Management? Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. As you can see, institutional investors have a fair amount of stake in Corporate Travel Management. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Corporate Travel Management, (below). Of course, keep in mind that there are other factors to consider, too. ASX:CTD Earnings and Revenue Growth May 8th 2025 Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Hedge funds don't have many shares in Corporate Travel Management. Bennelong Funds Management Group Pty Ltd is currently the largest shareholder, with 12% of shares outstanding. For context, the second largest shareholder holds about 12% of the shares outstanding, followed by an ownership of 7.7% by the third-largest shareholder. Jamie Pherous, who is the second-largest shareholder, also happens to hold the title of Chief Executive Officer.
Business Insider
05-05-2025
- Automotive
- Business Insider
Analysts Offer Insights on Consumer Cyclical Companies: Corporate Travel Management Limited (OtherCTMLF) and General Motors (GM)
Analysts fell to the sidelines weighing in on Corporate Travel Management Limited (CTMLF – Research Report) and General Motors (GM – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Corporate Travel Management Limited (CTMLF) Ord Minnett analyst John O'Shea maintained a Hold rating on Corporate Travel Management Limited today and set a price target of A$12.88. The company's shares closed last Tuesday at $8.57. According to O'Shea is ranked #9049 out of 9437 analysts. Currently, the analyst consensus on Corporate Travel Management Limited is a Moderate Buy with an average price target of $10.68, implying a 24.6% upside from current levels. In a report released today, Morgan Stanley also downgraded the stock to Hold with a A$11.80 price target. General Motors (GM) Barclays analyst Dan Levy maintained a Hold rating on General Motors on May 2 and set a price target of $45.00. The company's shares closed last Friday at $45.30. According to Levy has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -5.9% and a 32.2% success rate. Levy covers the NA sector, focusing on stocks such as Mobileye Global, Inc. Class A, Magna International, and Rivian Automotive. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for General Motors with a $52.15 average price target, a 14.1% upside from current levels. In a report issued on April 29, Jefferies also maintained a Hold rating on the stock with a $46.00 price target.
Business Insider
05-05-2025
- Business
- Business Insider
Analysts Conflicted on These Consumer Cyclical Names: Aristocrat Leisure (OtherARLUF) and Corporate Travel Management Limited (OtherCTMLF)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Aristocrat Leisure (ARLUF – Research Report) and Corporate Travel Management Limited (CTMLF – Research Report). Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Aristocrat Leisure (ARLUF) Goldman Sachs analyst Annabel Li maintained a Buy rating on Aristocrat Leisure on April 30 and set a price target of A$77.00. The company's shares closed last Tuesday at $42.19. According to Li is ranked #4051 out of 9437 analysts. Aristocrat Leisure has an analyst consensus of Strong Buy, with a price target consensus of $50.03, a 18.6% upside from current levels. In a report issued on April 22, Jarden also upgraded the stock to Buy with a A$68.00 price target. Morgan Stanley analyst James Bales downgraded Corporate Travel Management Limited to Hold today and set a price target of A$11.80. The company's shares closed last Tuesday at $8.57.
Business Insider
05-05-2025
- Business
- Business Insider
Shaw and Partners Sticks to Their Buy Rating for Corporate Travel Management Limited (CTMLF)
In a report released today, Philip Pepe from Shaw and Partners maintained a Buy rating on Corporate Travel Management Limited (CTMLF – Research Report), with a price target of A$15.20. The company's shares closed last Tuesday at $8.57. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Pepe is an analyst with an average return of -2.7% and a 36.67% success rate. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Corporate Travel Management Limited with a $10.68 average price target, representing a 24.62% upside. In a report released today, Citi also maintained a Buy rating on the stock with a A$15.65 price target.
