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How to buy Westpac Banking Corporation stock | $14.9

Own Westpac Banking Corporation stock in just a few minutes.

Fact checked

Westpac Banking Corporation is a banks-diversified business based in the US. Westpac Banking Corporation shares (WBK) are listed on the NYSE and all prices are listed in US Dollars. Westpac Banking Corporation employs 36,849 staff and has a market cap (total outstanding shares value) of USD$54.1 billion.

How to buy shares in Westpac Banking Corporation

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Westpac Banking Corporation. Find the stock by name or ticker symbol: WBK. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Westpac Banking Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$14.9, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Westpac Banking Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Westpac Banking Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Westpac Banking Corporation share price

Use our graph to track the performance of WBK stocks over time.

Westpac Banking Corporation shares at a glance

Information last updated 2020-12-04.
Latest market closeUSD$14.9
52-week rangeUSD$7.8455 - USD$16.9987
50-day moving average USD$13.7254
200-day moving average USD$12.6772
Wall St. target priceUSD$19.74
PE ratio 8.8713
Dividend yield USD$0.44 (2.89%)
Earnings per share (TTM) USD$1.701

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Westpac Banking Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Westpac Banking Corporation price performance over time

Historical closes compared with the close of $14.9 from 2020-12-09

1 week (2021-01-05) -1.06%
1 month (2020-12-12) N/A
3 months (2020-10-12) 11.28%
6 months (2020-07-12) N/A
1 year (2020-01-12) N/A
2 years (2019-01-12) N/A
3 years (2018-01-12) 24.84
5 years (2016-01-12) 21.73

Is Westpac Banking Corporation under- or over-valued?

Valuing Westpac Banking Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Westpac Banking Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Westpac Banking Corporation's P/E ratio

Westpac Banking Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Westpac Banking Corporation shares trade at around 9x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Westpac Banking Corporation's PEG ratio

Westpac Banking Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 15.2699. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Westpac Banking Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Westpac Banking Corporation financials

Gross profit TTM USD$17 billion
Return on assets TTM 0.25%
Return on equity TTM 3.43%
Profit margin 13.47%
Book value $13.908
Market capitalisation USD$54.1 billion

TTM: trailing 12 months

Shorting Westpac Banking Corporation shares

There are currently 849,492 Westpac Banking Corporation shares held short by investors – that's known as Westpac Banking Corporation's "short interest". This figure is 0.9% up from 842,134 last month.

There are a few different ways that this level of interest in shorting Westpac Banking Corporation shares can be evaluated.

Westpac Banking Corporation's "short interest ratio" (SIR)

Westpac Banking Corporation's "short interest ratio" (SIR) is the quantity of Westpac Banking Corporation shares currently shorted divided by the average quantity of Westpac Banking Corporation shares traded daily (recently around 169898.4). Westpac Banking Corporation's SIR currently stands at 5. In other words for every 100,000 Westpac Banking Corporation shares traded daily on the market, roughly 5000 shares are currently held short.

However Westpac Banking Corporation's short interest can also be evaluated against the total number of Westpac Banking Corporation shares, or, against the total number of tradable Westpac Banking Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Westpac Banking Corporation's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Westpac Banking Corporation shares in existence, roughly 0 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Westpac Banking Corporation shares, roughly 0 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Westpac Banking Corporation.

Find out more about how you can short Westpac Banking Corporation stock.

Westpac Banking Corporation share dividends

Dividend payout ratio: 128.2% of net profits

Recently Westpac Banking Corporation has paid out, on average, around 128.2% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.89% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Westpac Banking Corporation shareholders could enjoy a 2.89% return on their shares, in the form of dividend payments. In Westpac Banking Corporation's case, that would currently equate to about $0.44 per share.

Westpac Banking Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Westpac Banking Corporation's most recent dividend payout was on 28 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 9 November 2020 (the "ex-dividend date").

Have Westpac Banking Corporation's shares ever split?

Westpac Banking Corporation's shares were split on a 5:1 basis on 19 August 2013. So if you had owned 1 share the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your Westpac Banking Corporation shares – just the quantity. However, indirectly, the new 80% lower share price could have impacted the market appetite for Westpac Banking Corporation shares which in turn could have impacted Westpac Banking Corporation's share price.

Westpac Banking Corporation share price volatility

Over the last 12 months, Westpac Banking Corporation's shares have ranged in value from as little as $7.8455 up to $16.9987. A popular way to gauge a stock's volatility is its "beta".

WBK.US volatility(beta: 0.79)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Westpac Banking Corporation's is 0.7943. This would suggest that Westpac Banking Corporation's shares are less volatile than average (for this exchange).

Westpac Banking Corporation overview

Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally. The company operates through four divisions: Consumer, Business, Westpac Institutional Bank, Westpac New Zealand, Specialist Businesses, and Group Businesses. It offers everyday banking, savings, term deposit, business transaction, foreign currency, and specialized accounts; home, personal, and business loans; credit cards; international and travel services; share trading services; investment; and home, car, travel, life, and business insurance products. The company also provides merchant and payment, corporate and institutional, transaction banking, financial market, corporate and structured finance, trade and supply chain financing, and industry specific banking and treasury services, as well as online banking services. It serves individuals; micro, small, and medium enterprises; commercial business and private wealth clients; and commercial, corporate, institutional, and government customers. The company was formerly known as Bank of New South Wales and changed its name to Westpac Banking Corporation in October 1982. The company was founded in 1817 and is headquartered in Sydney, Australia.

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