Own Webjet (ASX:WEB) shares? Here's what to look at during reporting season

A few things to watch for investors in the Aussie travel share.

| More on:
hand holding miniature plane suspended by face mask representing asx travel share price

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

It's been a tough 18 months for investors in Webjet Limited (ASX: WEB) shares. The Aussie travel group's value has halved since 21 February 2020 when the coronavirus pandemic really kicked in here. Here are a few things Webjet investors will be watching in August.

What to watch in August if you own Webjet shares

August means the ASX reporting season is upon us. For many Aussie companies with a 30 June financial year-end, that means full-year earnings results.

Webjet investors will be understandably keen to see COVID-19 restrictions ease both domestically and internationally. Webjet generates revenue through customer bookings, so if traffic is reduced, that's not good news for earnings.

Shareholders will likely be keeping an eye on the major travel players for commentary around the FY2022 outlook. The Aussie travel market, particularly regarding air travel, is concentrated. That means insights from the likes of Qantas Airways Ltd (ASX: QAN) and Regional Express Holdings Ltd (ASX: REX) could be valuable.

Webjet shares have recovered 66.1% in the last 12 months after being smashed in the March 2020 bear market. However, it's still a long way back to pre-COVID share price levels.

Clearly, the key to Webjet's value increasing is for booking numbers and travel to pick back up. Current COVID-19 restrictions haven't helped, but investing is a long-term game. That means any indication in August of increasing discretionary consumer spending could be good news for the likelihood of a travel rebound.

Apart from the airlines, investors might also be keeping an eye on rivals' results in the August reporting season. That means watching Corporate Travel Management Ltd (ASX: CTD) and Flight Centre Travel Group Ltd (ASX: FLT). This might provide an indication of how Webjet is travelling compared to its peers and the broader industry.

There's also the Sydney Airport Holdings Pty Ltd (ASX: SYD) result to watch. Sydney Airport is Australia's busiest airport which means traffic updates and FY2022 commentary is a useful barometer.

Foolish takeaway

Webjet shares remain under pressure heading into the August reporting season. Shareholders will likely be watching for any signs of COVID-19 restrictions easing, how Webjet's performance stacks up against its peers and the FY2022 outlook from major travel industry stakeholders.

Should you invest $1,000 in Regional Express Holdings Limited right now?

Before you buy Regional Express Holdings Limited shares, consider this:

Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Regional Express Holdings Limited wasn't one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

And right now, Scott thinks there are 5 stocks that may be better buys...

See The 5 Stocks *Returns as of 30 April 2025

Motley Fool contributor Ken Hall has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Corporate Travel Management Limited and Webjet Ltd. The Motley Fool Australia has recommended Flight Centre Travel Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Travel Shares

A corporate-looking woman looks at her mobile phone as she pulls along her suitcase in another hand while walking through an airport terminal with high glass panelled walls.
Travel Shares

After lowering its guidance, what's Macquarie's price target on Corporate Travel Management shares?

What does this broker have to say about the travel company?

Read more »

Man sitting in a plane seat works on his laptop.
Travel Shares

Why did the Qantas share price lose altitude in April?

Qantas shares didn’t join in April’s ASX 200 rebound. But why?

Read more »

Man waiting for his flight and looking at his phone.
Travel Shares

Corporate Travel shares crash 11% as Trump tariffs bite

Trump’s tariffs are roiling Corporate Travel shares on Friday.

Read more »

A family walks along the tarmac towards a plane representing more people travelling as ASX travel shares recover
Travel Shares

How lower interest rates could send this beaten down ASX All Ords stock flying

A leading expert says this sold-off ASX All Ords stock is ‘well placed for growth’.

Read more »

Woman on a tablet waiting in for her flight in an airport and looking through a window.
Travel Shares

After a guidance downgrade, what does Macquarie think Flight Centre shares are worth?

Is this stock great value after its downgrade?

Read more »

Woman on a tablet waiting in for her flight in an airport and looking through a window.
Travel Shares

Will lower US travel impact Flight Centre shares?

New data reveals an uncertain future for US travel. Here’s how it could impact travel shares. 

Read more »

Couple at an airport waiting for their flight.
Travel Shares

Why is the Flight Centre share price sinking today?

ASX investors are bidding down Flight Centre shares on Monday. But why?

Read more »

A happy family of four on holidays stand on a jetty and cheer.
Travel Shares

Travel to the US is down this year. Will Australia's tourism sector benefit?

2025 could prove to be a good year for Australian hotel operators.

Read more »