The German shoe brand's stock closed at $40.20 per share, down from its opening trade of $41 per share, giving it a market value of $7.55 billion. The stock's opening price came in lower than its initial price of $46 set Tuesday, which was just shy of the midpoint of its expected range of $44 to $49 per share. A week after the outages, Block announced that Square CEO Alyssa Henry would leave the company as of Oct. 2. The Barchart Technical Opinion rating is a 88% Sell with a Strongest short term outlook on maintaining the current direction. Some of that premium is well-deserved, reflecting Costco's stable sales and earnings prospects at a volatile time in the retailing industry.
Pages are initially sorted in a specific order (depending on the data presented). You can re-sort the page by clicking on any of the column headings in the table. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Compare WBK’s historical performance against its industry peers and the overall market.
That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B. Westpac Banking Corp on Wednesday said it would split its consumer and business banking business into two, with each having its own CEO, effective Aug. 1. Subsequent to June 2, 2022 under the terms of the Deposit Agreement, the Depositary may attempt to sell the underlying shares. Payment should be made payable to The Bank of New York Mellon. The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.
For example, a 12-day simple moving average for WBK is a sum of WBK’s closing prices over the last 12 days which is then divided by 12. In 2030, the Westpac Banking Corporation stock will reach $ 8.27 if it maintains its current 10-year average growth rate. xm forex broker review If this Westpac Banking Corporation stock prediction for 2030 materializes, WBK stock willgrow -41.75% from its current price. The slew of recent listings briefly raised hopes of a broad recovery in equity capital markets after a nearly 18-month dry spell.
This is typically a low-volatility business, and the shares would be an ideal holding in almost any portfolio.
When negative, the current price is that much lower than the lowest price reported for the period. This widget shows the number of times this symbol reached a new low price for specific periods, from the past 5-Days to the past 20-Years. For each period, the "Percent From Last" column shows you where the current price is in relationship to the High price for that period.
- Unfortunately, these sell-offs on blue chip dividend growers almost always come with some investing baggage.
- After the P/E ratio, it's one of the most common valuation metrics.
- The monthly returns are then compounded to arrive at the annual return.
- Investors like this metric as it shows how a company finances its operations, i.e., what percentage is financed thru shareholder equity or debt.
However, new stocks are not automatically added to or re-ranked on the page until the site performs its 10-minute update. Available for U.S. and Canadian equities, futures and what is hugofx forex symbols, the Latest Trades tab displays the last 50 trades for the symbol. In addition, you can adjust the price history for dividends (check the Dividend Adjust box).
EBITDA, as the acronym depicts, is earnings before interest, taxes, depreciation and amortization. That means these items are added back into the net income to produce this earnings number. Since there is a fair amount of discretion in what's included and not included in the 'ITDA' portion of this calculation, it is considered a non-GAAP metric. The EV/EBITDA ratio is a valuation multiple and is often used in addition, or as an alternative, to the P/E ratio. And like the P/E ratio, a lower number is typically considered 'better' than a higher number. The Cash/Price ratio is calculated as cash and marketable securities per share divided by the stock price.
Westpac Banking Corporation Stock Prediction 2030
However, they provide stability in spades, and can be the bedrock of your portfolio. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns.
Of course, different industries will have different growth rates that are considered good. So be sure to compare a stock to its industry's growth rate when sizing up stocks from different groups. Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally. 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 based in Sydney, Australia.
Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the Westpac Banking Corporation stock price. Based on our Westpac Banking Corporation stock forecast, Westpac Banking Corporation stock is currently a good stock to buy. This is because the price of Westpac Banking Corporation stock is expected to decrease by 0.00% in the next year. Westpac Banking Corporation stock would need to gain 6,942.25% to reach $1,000.
Price Target and Rating
The Price to Sales ratio or P/S is calculated as price divided by sales. After the P/E ratio, it's one of the most common valuation metrics. The PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, review the research driven investor telling a more complete story than just the P/E ratio alone. The Momentum Scorecard focuses on price and earnings momentum and indicates when the timing is right to enter a stock. The ASX 200 index rally gained steam on Wednesday as the market reacted to the latest Australia inflation data.
About MarketBeat
See WBK’s valuation ratios compared to the Market Index. Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of WBK’s competitive advantage. Debt to Capital (or D/C ratio) is the fraction of debt (including mortgages and long-term leases) to long-term capitalization.
Of course, you will pay a commission to execute this transaction on the domestic market in Australia. Other fees and foreign exchange will also impact your proceeds. As one of the top banks, the stocks is very liquid with average trading volume of 9.2 million shares, per Yahoo Finance. 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wallbox in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock.
So for each ADR you own(WBK) you will receive one Westpac ordinary share(WBC). Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Sign-up to receive the latest news and ratings for Wallbox and its competitors with MarketBeat's FREE daily newsletter. Westpac Banking's most recent n/a dividend payment of $0.4509 per share was made to shareholders on Friday, December 31, 2021.
Magnificent S&P 500 Dividend Stock Down 30% to Buy and Hold Forever
On Sept. 11, the company sent a press release outlining the steps taken to ensure these issues don’t crop up in the future. While the inconvenience to customers isn’t a good look, it allowed the company to strengthen its systems. L Catterton, the private equity group backed by French billionaire Bernard Arnault and luxury goods empire Louis Vuitton Moet Hennessy (LVMH.PA), acquired a majority stake in Birkenstock in 2021. The brand has been seeking to position itself as a fashionable item worn by models and celebrities. Barbie, played by Margot Robbie, wore a pink pair of Birkenstocks in the final scene of the movie released this summer. Provides a general description of the business conducted by this company.