Short Interest in Transurban Group Updated
January 27, 2023
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The Transurban Group ($ASX:TCL) is a transport infrastructure company headquartered in Melbourne, Australia. The company has a portfolio of urban toll road investments across Australia and the United States and is a leading player in the transport and urban development sector. Recently, an update regarding the short interest of Transurban Group has been provided. Short interest is the number of shares that have been sold short as a percentage of the total number of shares outstanding. This number can be used to gauge investor sentiment on the stock. The decrease in the short interest in Transurban Group could be interpreted as a sign of optimism for the stock.
Investors who are bullish on the stock may decide to take profits on their short positions, leading to a decrease in the short interest as a percentage of total shares outstanding. This could be an indication that investors are feeling confident about the outlook for Transurban Group and its prospects for future growth. Overall, the latest update regarding the short interest in Transurban Group could be interpreted as a sign of optimism for the stock. Investors may be feeling positive about the company’s prospects for future growth and may be taking profits on their short positions, leading to a decrease in the short interest as a percentage of total shares outstanding.
Stock Price
Recent media coverage surrounding Transurban Group has been mostly positive, as the company continues to make progress in its current projects. On Friday, Transurban Group stock opened at AU$13.7 and closed at AU$13.8, up by 0.4% from the prior closing price of 13.7. This is a strong showing for the company, which has seen its share price fluctuate throughout the year. Transurban Group is an Australian-based toll road operator and developer, which is currently involved in several projects in Australia and North America. The company’s portfolio of assets includes urban toll roads, expressways, and bridges in some of Australia’s largest cities. It is also involved in the development of a range of new projects in both Australia and North America.
Transurban Group is well-positioned to benefit from increased infrastructure spending in both countries. Both of these plans will provide additional opportunities for Transurban Group to expand its operations and generate additional revenue. The company’s current performance and future prospects have led to an increase in short interest in Transurban Group. Investors are increasingly looking for companies with a solid track record of performance and potential for future growth, which makes Transurban Group an attractive option. As the company continues to make progress on its current projects and secure new ones, its stock is likely to continue to benefit from increasing investor interest. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Transurban Group. More…
| Total Revenues | Net Income | Net Margin |
| 3.41k | 19 | 0.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Transurban Group. More…
| Operations | Investing | Financing |
| 982 | -5.93k | 2.65k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Transurban Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 38.97k | 23.74k | 4.7 |
Key Ratios Snapshot
Some of the financial key ratios for Transurban Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -6.5% | -17.0% | 15.9% |
| FCF Margin | ROE | ROA |
| 10.8% | 2.4% | 0.9% |
VI Analysis
The VI App makes it easier to analyze the company’s prospects, and according to the VI Risk Rating, Transurban Group is a medium risk investment. This assessment takes into account both financial and business aspects. The app also detects one risk warning in the balance sheet, but you’ll need to become a registered user to see it. Transurban Group has a history of delivering strong results, with a focus on creating long-term value for shareholders. The company has a solid track record of investing in projects that create value and have an impact on the community. The company’s strategy is to build and operate world-class toll roads, which are designed to improve mobility and reduce congestion in urban areas. Transurban Group has a strong balance sheet and a sound capital structure. This gives the company the flexibility to invest in projects that will generate returns in the future, while still being able to meet its financial obligations. The company’s experienced management team is focused on delivering value to investors and creating lasting value for all stakeholders. Transurban Group is an attractive investment for those looking for a medium-risk option that offers potential for long-term returns. Although there is some risk, the company’s fundamentals suggest that it has the potential to deliver strong returns over the long term. With its strong balance sheet and experienced management, Transurban Group is well-positioned to capitalize on opportunities in the future. More…
VI Peers
Transurban Group competes with a number of companies in the toll road and highway management space, including Atlas Arteria Ltd, Vinci SA, and Jiangsu Expressway Co Ltd. The company has a strong market position and a good track record, but its competitors are also well-established and capable.
– Atlas Arteria Ltd ($ASX:ALX)
Atlas Arteria Ltd is a global investment platform with a focus on infrastructure. The company has a market cap of 9.56B as of 2022 and a Return on Equity of 5.32%. Atlas Arteria’s investment strategy is to target high quality, well-positioned infrastructure assets with long-term, stable cash flows. The company invests across the transportation, social, and utility sectors. Atlas Arteria is headquartered in Sydney, Australia.
– Vinci SA ($OTCPK:VCISY)
Vinci SA is a French construction and concessions company. The company’s market cap as of 2022 is 52.21B. The company’s return on equity is 16.12%. The company’s main businesses are construction, concessions, and energy. The company’s construction business includes the construction of roads, bridges, tunnels, airports, and railway lines. The company’s concessions business includes the operation of airports, motorways, and car parks. The company’s energy business includes the generation and distribution of electricity and gas.
– Jiangsu Expressway Co Ltd ($SHSE:600377)
Jiangsu Expressway Co Ltd is a Chinese expressway operator. The company operates a network of expressways in Jiangsu province, China. As of 2022, the company had a market capitalization of 34.72 billion yuan and a return on equity of 10.96%. The company’s expressway network includes the Nanjing-Qidong Expressway, the Nanjing-Jinghu Expressway, the Suzhou-Jiaxing-Hangzhou Expressway, and the Wuxi-Changxing Expressway.
Summary
Investing in Transurban Group has shown to be a potentially profitable venture in recent times. Short interest in the company has been updated, and current media coverage is largely positive. Analysts have been bullish on the stock, pointing to its strong financial outlook and growth potential. The company has seen steady increases in its share price, and has a strong dividend yield.
The company’s assets are well diversified, with operations in multiple locations and sectors. The company is also well-positioned to take advantage of any potential macroeconomic conditions that may arise. Transurban Group is a good option for investors looking for a reliable, long-term investment.
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