U.S. markets open in 2 hours 51 minutes

Westpac Banking Corporation (WBK)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
16.88+0.16 (+0.96%)
At close: 4:00PM EST
Full screen
Trade prices are not sourced from all markets
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Commodity Channel Index

Commodity Channel Index

Previous Close16.72
Bid0.00 x 800
Ask0.00 x 900
Day's Range16.74 - 16.89
52 Week Range7.98 - 17.27
Avg. Volume139,290
Market Cap60.694B
Beta (5Y Monthly)0.78
PE Ratio (TTM)9.92
EPS (TTM)1.70
Earnings DateN/A
Forward Dividend & Yield0.79 (4.66%)
Ex-Dividend DateNov 09, 2020
1y Target Est19.74
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
-30% Est. Return
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • New Zealand Inflation Surprise Suggests No More RBNZ Rate Cuts

    New Zealand Inflation Surprise Suggests No More RBNZ Rate Cuts

    (Bloomberg) -- New Zealand inflation was firmer than economists expected in the fourth quarter, adding to signs the central bank may not need to cut interest rates any further.Consumer prices rose 1.4% from a year earlier, Statistics New Zealand said Friday in Wellington, matching the third-quarter reading. Economists expected inflation to slow to 1.1%. Prices rose 0.5% from three months earlier, exceeding the 0.2% forecast.The Reserve Bank has projected that inflation will fall below the bottom of its 1-3% target range this year, suggesting monetary policy will remain loose. But the economy has recovered more quickly than expected from last year’s Covid-induced recession, and signs of brewing price pressures make it less likely the central bank will need to ramp up stimulus.“The medium-term outlook for inflation looks stronger compared to just a few months ago,” said Jarrod Kerr, chief economist at Kiwibank in Auckland, who today took his forecast for more rate cuts off the table. “Monetary conditions are easy enough.”The New Zealand dollar rose about a quarter of a U.S. cent after the report and bought 72.15 cents at 11:12 a.m. in Wellington.Investors no longer expect the RBNZ to cut the official cash rate again. Kiwibank joined ANZ Bank New Zealand and Westpac Banking Corp. who have removed negative rates from their projections in recent days as the nation’s V-shaped recovery builds momentum. A business opinion survey published this week showed evidence of rising costs and labor shortages that may fan price pressures.The quarterly gain in the consumers’ price index was led by holiday accommodation such as hotel and motel rooms, the statistics agency said. Home construction costs rose the most in two years, while airfares for flights to Australia surged 14% after being omitted from the index in the previous quarter.Other DetailsConsumer prices excluding food, fuel and energy rose 2.1% from a year earlier, picking up from 1.7% in the third quarter, while other measures of underlying inflation also increased. The RBNZ publishes its own core measure later FridayTradables prices rose 0.2% from the previous quarter, when they gained 0.6%Non-tradable prices, which are less influenced by the currency, increased 0.7 from the previous quarterNon-tradables prices rose 2.8% from the year-earlier quarter, accelerating from a 2.6% pace three months ago(Updates with economist’s comment)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • Westpac Banking (ASX:WBC) Share Prices Have Dropped 32% In The Last Three Years
    Simply Wall St.

    Westpac Banking (ASX:WBC) Share Prices Have Dropped 32% In The Last Three Years

    While it may not be enough for some shareholders, we think it is good to see the Westpac Banking Corporation ( ASX:WBC...

  • GuruFocus.com

    A Trio of Low Price-Book Ratio Stock Picks to Consider

    These large caps could be solid investments