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Westpac Banking Corporation (AU:WBC)
ASX:WBC
Westpac Banking (WBC) Share Price & Analysis
262 Followers
WBC Stock Chart & Stats
Day’s RangeAU$0 - AU$0
52-Week RangeAU$19.09 - AU$27.99
Previous CloseAU$27.9
Volume181.66K
Average Volume (3M)5.87M
Market Cap
AU$96.85B
Enterprise ValueAU$100.24B
Total Cash (Recent Filing)AU$0.00
Total Debt (Recent Filing)AU$2.41B
Price to Earnings (P/E)14.9
Beta0.85
Next Earnings
Nov 04, 2024EPS Estimate
AU$0.95Last Dividend Ex-Date
May 09, 2024Dividend Yield5.17%
Share Statistics
EPS (TTM)1.87
Shares Outstanding3,473,275,230
10 Day Avg. Volume14,001,791
30 Day Avg. Volume5,867,062
Standard Deviation0.06
R-Squared0.62
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)2.92
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$24.74Price Target Upside-12.17% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering9
Westpac Banking News
PremiumCompany Announcements
Westpac Announces Redemption of AUD1 Billion Notes
PremiumCompany Announcements
Westpac Reports Progress in Share Buy-BackPremiumCompany Announcements
Westpac Announces Cessation of Share Rights
PremiumCompany Announcements
Westpac Continues Share Buy-Back Strategy
PremiumCompany Announcements
Westpac Continues Share Buy-Back Momentum
PremiumCompany Announcements
Westpac Issues A$1.5 Billion Subordinated Notes
PremiumCompany Announcements
Westpac Continues Share Buy-Back Strategy
PremiumCompany Announcements
Westpac Continues Share Buy-Back MomentumBulls Say, Bears Say
Bulls Say
DividendsThe interim 2024 ordinary dividend was 75¢ with a special dividend of 15¢.
Payout RatioPayout ratio should remain elevated given strong franking credit position.
Stock BuybackWBC topped up its on-market buyback by A$1.0 bn.
Bears Say
EarningsWBC 1H24 cash earnings were down 14% on pcp.
Operational RisksExecution and cost risks remain in tech simplification.
Stock RatingNeutral rating on the stock.
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Options Prices
Currently, No data available
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Ownership Overview
0.13% Insiders
4.12% Mutual Funds
5.39% Other Institutional Investors
90.36% Public Companies and
Individual Investors
WBC FAQ
What was Westpac Banking Corporation’s price range in the past 12 months?
Westpac Banking Corporation lowest share price was AU$19.09 and its highest was AU$27.99 in the past 12 months.
What is Westpac Banking Corporation’s market cap?
Currently, no data Available
When is Westpac Banking Corporation’s upcoming earnings report date?
Westpac Banking Corporation’s upcoming earnings report date is Nov 04, 2024 which is in 105 days.
How were Westpac Banking Corporation’s earnings last quarter?
Westpac Banking Corporation released its earnings results on May 05, 2024. The company reported AU$0.916 earnings per share for the quarter, missing the consensus estimate of AU$0.959 by -AU$0.043.
Is Westpac Banking Corporation overvalued?
According to Wall Street analysts Westpac Banking Corporation’s price is currently Overvalued.
Does Westpac Banking Corporation pay dividends?
Westpac Banking Corporation pays a Annually dividend of AU$0.75 which represents an annual dividend yield of 5.17%. See more information on Westpac Banking Corporation dividends here
What is Westpac Banking Corporation’s EPS estimate?
Westpac Banking Corporation’s EPS estimate is AU$0.95.
How many shares outstanding does Westpac Banking Corporation have?
Westpac Banking Corporation has 3,466,433,000 shares outstanding.
What happened to Westpac Banking Corporation’s price movement after its last earnings report?
Westpac Banking Corporation reported an EPS of AU$0.916 in its last earnings report, missing expectations of AU$0.959. Following the earnings report the stock price went up 2.026%.
Which hedge fund is a major shareholder of Westpac Banking Corporation?
Currently, no hedge funds are holding shares in AU:WBC
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Westpac Banking Stock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
AU$24.74 (-12.17% Downside)
AU$24.74 (-12.17% Downside)
Blogger Sentiment
Bullish
AU:WBC Sentiment 90%
Sector Average 68%
Sector Average 68%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
30.72%
12-Months-Change
Fundamentals
Return on Equity
8.95%
Trailing 12-Months
Asset Growth
0.62%
Trailing 12-Months
Company Description
Westpac Banking Corporation
Westpac Banking Corp. engages in the provision of banking and financial services. It operates through the following segments: Consumer Bank, Business Bank, BT Financial Group (Australia), Westpac Institutional Bank, Westpac New Zealand and Group Businesses. The Consumer Bank segment covers consumer banking products and services under the Westpac, St. George, BankSA, Bank of Melbourne and RAMS brands. The Business Bank segment involves in sales and customer service of small-to-medium enterprise, commercial and agribusiness customers under the Westpac, St.George, Bank of Melbourne and BankSA brands. The BT Financial Group (Australia) segment manages wealth and insurance division. The Westpac Institutional Bank segment delivers a range of financial services to commercial, corporate, institutional, and government customers. The Westpac New Zealand segment comprises sales and service of banking, wealth, and insurance products for consumer, business, and institutional customers. The Group Businesses segment treasury which is responsible for the management of the Group's balance sheet, group technology which includes functions for the Australian businesses, and core support which covers functions performed centrally, including Australian banking operations, property services, strategy, finance, risk, compliance, legal, human resources, and customer and corporate relations. The company was founded in 1817 and is headquartered in Sydney, Australia.
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WBC Company Deck
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WBC Earnings Call
Q2 2024
0:00 / 0:00
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WBC Stock 12 Month Forecast
Average Price Target
AU$24.74
▼(-12.17% Downside)
Technical Analysis
Best Analysts Covering WBC
1 Year
1 Year Success Rate
12/22 ratings generated profit
1 Year Average Return
+9.29%
reiterated a buy rating 4 months ago
Copying Ed Henning's trades and holding each position for 1 Year would result in 54.55% of your transactions generating a profit, with an average return of +9.29% per trade.
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