Singapore Airlines share price SGX today: Key statistics
- Current share price: $5.25
- Change from previous close: +1.3%
- 52-week high: $6.00
- 52-week low: $4.50
- Market capitalization: $15.8 billion
- P/E ratio: 12.5
- Dividend yield: 3.5%
Singapore Airlines share price SGX today: Analysis
Singapore Airlines shares are up 1.3% today, trading at $5.25. The stock has been on a steady upward trend since the start of the year, and is now up over 10%.
There are a number of factors that are contributing to the positive sentiment surrounding Singapore Airlines shares. First, the global economy is improving, which is leading to increased demand for air travel. Second, Singapore Airlines has been implementing a number of cost-cutting measures, which have helped to improve its profitability. Third, the airline has been expanding its network of destinations, which is giving it access to new markets.
Analysts are generally positive on Singapore Airlines shares. The consensus price target for the stock is $5.50, which implies a potential upside of 4.8% from the current price.
Singapore Airlines share price SGX today: Outlook
The outlook for Singapore Airlines shares is positive. The global economy is expected to continue to improve, which will lead to increased demand for air travel. Singapore Airlines is also well-positioned to benefit from the growth in the Asia-Pacific region.
However, there are a number of risks that could impact the airline’s share price. These include:
- Economic slowdown
- Increased competition
- Rising fuel costs
- Currency fluctuations
Investors should be aware of these risks before investing in Singapore Airlines shares.
Singapore Airlines share price SGX today: How to invest
If you are interested in investing in Singapore Airlines shares, you can do so through a broker. There are a number of different brokers that offer online trading platforms, which make it easy to buy and sell shares.
When choosing a broker, it is important to compare the different fees and commissions that they charge. You should also make sure that the broker is reputable and has a good track record.
Once you have chosen a broker, you can open an account and deposit funds. You can then use the broker’s trading platform to buy Singapore Airlines shares.
Singapore Airlines share price SGX today: Conclusion
Singapore Airlines is a well-run airline with a strong track record of profitability. The company is well-positioned to benefit from the growth in the Asia-Pacific region. Investors who are looking for a long-term investment may want to consider Singapore Airlines shares.
Table 1: Singapore Airlines share price SGX today
| Date | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| 2023-03-08 | 5.15 | 5.27 | 5.10 | 5.25 | +1.3% |
| 2023-03-07 | 5.10 | 5.18 | 5.05 | 5.15 | +0.9% |
| 2023-03-06 | 5.05 | 5.13 | 5.00 | 5.10 | +1.0% |
Table 2: Singapore Airlines financial highlights
| Year | Revenue (S$ million) | Net income (S$ million) | Earnings per share (S$) |
|---|---|---|---|
| 2022 | 15,800 | 988 | 0.28 |
| 2021 | 11,000 | 608 | 0.17 |
| 2020 | 7,200 | (1,725) | (0.49) |
Table 3: Singapore Airlines key ratios
| Ratio | Value |
|---|---|
| P/E ratio | 12.5 |
| Dividend yield | 3.5% |
| Debt-to-equity ratio | 0.75 |
Table 4: Singapore Airlines analyst recommendations
| Analyst | Recommendation | Price target (S$) |
|---|---|---|
| DBS | Buy | 5.50 |
| OCBC | Hold | 5.25 |
| UOB | Sell | 4.75 |
