logo
Macquarie Keeps Their Buy Rating on Auckland International Airport (ACKDF)

Macquarie Keeps Their Buy Rating on Auckland International Airport (ACKDF)

In a report released today, from Macquarie maintained a Buy rating on Auckland International Airport . The company's shares closed today at $4.99.
Don't Miss TipRanks' Half-Year Sale
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Auckland International Airport has an analyst consensus of Moderate Buy, with a price target consensus of $5.04.
The company has a one-year high of $5.46 and a one-year low of $3.85. Currently, Auckland International Airport has an average volume of 994.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Is WHIAX a Strong Bond Fund Right Now?
Is WHIAX a Strong Bond Fund Right Now?

Yahoo

time8 hours ago

  • Yahoo

Is WHIAX a Strong Bond Fund Right Now?

Any investors hoping to find a High Yield - Bonds fund might consider looking past Macquarie High Income A (WHIAX). WHIAX has a Zacks Mutual Fund Rank of 5 (Strong Sell), which is based on various forecasting factors like size, cost, and past performance. WHIAX is part of the High Yield - Bonds section, which is a segment that boasts many possible options. Often referred to as " junk " bonds, High Yield - Bonds funds sit below investment grade, meaning they are at a high default risk compared to their investment grade peers. However, one advantage to junk bonds is that they generally pay out higher yields while posing similar interest rate risks to their investment grade counterparts. Macquarie is responsible for WHIAX, and the company is based out of Philadelphia, PA. Macquarie High Income A debuted in September of 2003. Since then, WHIAX has accumulated assets of about $1.17 billion, according to the most recently available information. The fund's current manager, John McCarthy, has been in charge of the fund since November of 2021. Investors naturally seek funds with strong performance. WHIAX has a 5-year annualized total return of 4.79% and is in the bottom third among its category peers. Investors who prefer analyzing shorter time frames should look at its 3-year annualized total return of 4.66%, which places it in the bottom third during this time-frame. It is important to note that the product's returns may not reflect all its expenses. Any fees not reflected would lower the returns. Total returns do not reflect the fund's [%] sale charge. If sales charges were included, total returns would have been lower. When looking at a fund's performance, it is also important to note the standard deviation of the returns. The lower the standard deviation, the less volatility the fund experiences. The standard deviation of WHIAX over the past three years is 8.65% compared to the category average of 12.64%. The fund's standard deviation over the past 5 years is 8.02% compared to the category average of 12.33%. This makes the fund less volatile than its peers over the past half-decade. Modified duration is a measure of a given bond's interest rate sensitivity, and is a metric that's a good way to judge how fixed income securities will respond in a shifting rate environment. If you believe interest rates will rise, this is an important factor to look at. WHIAX has a modified duration of 3.02, which suggests that the fund will decline 3.02% for every hundred-basis-point increase in interest rates. Income is often a big reason for purchasing a fixed income security, so it is important to consider the fund's average coupon. This metric calculates the fund's average payout in a given year. For example, this fund's average coupon of 7.41% means that a $10,000 investment should result in a yearly payout of $741. While a higher coupon is good for when you want a strong level of current income, it could present a reinvestment risk if rates are lower in the future when compared to the initial purchase date of the bond. Investors also need to consider risk relative to broad benchmarks, as income is only one part of the bond picture. WHIAX carries a beta of 0.03, meaning that the fund is less volatile than a broad market index of fixed income securities. With this in mind, it has a positive alpha of 5.05, which measures performance on a risk-adjusted basis. Costs are increasingly important for mutual fund investing, and particularly as competition heats up in this market. And all things being equal, a lower cost product will outperform its otherwise identical counterpart, so taking a closer look at these metrics is key for investors. In terms of fees, WHIAX is a load fund. It has an expense ratio of 0.89% compared to the category average of 0.93%. Looking at the fund from a cost perspective, WHIAX is actually cheaper than its peers. While the minimum initial investment for the product is $1,000, investors should also note that each subsequent investment needs to be at least $100. Fees charged by investment advisors have not been taken into considiration. Returns would be less if those were included. Overall, even with its comparatively weak performance, average downside risk, and lower fees, Macquarie High Income A ( WHIAX ) has a low Zacks Mutual Fund rank, and therefore looks a somewhat weak choice for investors right now. Don't stop here for your research on High Yield - Bonds funds. We also have plenty more on our site in order to help you find the best possible fund for your portfolio. Make sure to check out for more information about the world of funds, and feel free to compare WHIAX to its peers as well for additional information. Zacks provides a full suite of tools to help you analyze your portfolio - both funds and stocks - in the most efficient way possible. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (WHIAX): Fund Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio

Apple weighed creating cloud service for developers, Information reports
Apple weighed creating cloud service for developers, Information reports

Business Insider

time21 hours ago

  • Business Insider

Apple weighed creating cloud service for developers, Information reports

Apple (AAPL) previously discussed the idea of creating a business to rent out its cloud servers to the millions of developers that make apps for its devices, The Information's Aaron Tilley reports. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.

Mixed options sentiment in tempus AI Inc Class A with shares up 2.74%
Mixed options sentiment in tempus AI Inc Class A with shares up 2.74%

Business Insider

time21 hours ago

  • Business Insider

Mixed options sentiment in tempus AI Inc Class A with shares up 2.74%

Mixed options sentiment in tempus AI Inc Class A (TEM), with shares up $1.62, or 2.74%, near $60.80. Options volume relatively light with 30k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.4. Implied volatility (IV30) dropped 0.82 near 78.31,in the lowest 10% of observations over the past year, suggesting an expected daily move of $3.00. Put-call skew steepened, indicating increased demand for downside protection. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store