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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.
|Latest market close||USD$14.9|
|52-week range||USD$7.8455 - USD$16.9987|
|50-day moving average||USD$13.7254|
|200-day moving average||USD$12.6772|
|Wall St. target price||USD$19.74|
|Dividend yield||USD$0.44 (2.89%)|
|Earnings per share (TTM)||USD$1.701|
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.
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.
|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|
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 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 "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.
|Gross profit TTM||USD$17 billion|
|Return on assets TTM||0.25%|
|Return on equity TTM||3.43%|
|Market capitalisation||USD$54.1 billion|
TTM: trailing 12 months
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) 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.
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").
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.
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".
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 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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