WES.AX - Wesfarmers Limited

ASX - ASX Delayed Price. Currency in AUD
39.30
+0.52 (+1.34%)
At close: 4:11PM AEST
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Previous Close38.78
Open39.38
Bid42.40 x 0
Ask39.25 x 0
Day's Range39.02 - 39.44
52 Week Range30.40 - 40.43
Volume4,358,608
Avg. Volume2,560,645
Market Cap44.223B
Beta (3Y Monthly)1.00
PE Ratio (TTM)8.07
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.78 (4.52%)
Ex-Dividend Date2019-08-30
1y Target EstN/A
  • The Wesfarmers takeover is 'universally positive': Pilbara Minerals
    CNBC Videos

    The Wesfarmers takeover is 'universally positive': Pilbara Minerals

    Ken Brinsden of Pilbara Minerals weighs in on the potential deal between Wesfarmers and Kidman. He says there could be more "action" in this sector as companies try to resolve security of the supply of lithium.

  • Wesfarmers Limited (ASX:WES): Are Analysts Bullish?
    Simply Wall St.

    Wesfarmers Limited (ASX:WES): Are Analysts Bullish?

    In August 2019, Wesfarmers Limited (ASX:WES) announced its latest earnings update, which confirmed that the business...

  • Thomson Reuters StreetEvents

    Edited Transcript of WES.AX earnings conference call or presentation 27-Aug-19 2:00am GMT

    Full Year 2019 Wesfarmers Ltd Earnings Call

  • What Are Analysts Saying About The Future Of Wesfarmers Limited's (ASX:WES)?
    Simply Wall St.

    What Are Analysts Saying About The Future Of Wesfarmers Limited's (ASX:WES)?

    On 30 June 2019, Wesfarmers Limited (ASX:WES) announced its earnings update. Overall, analyst forecasts seem fairly...

  • Australia Wesfarmers's profit resilient despite hardware's woes
    Reuters

    Australia Wesfarmers's profit resilient despite hardware's woes

    Wesfarmers's first annual earnings update since demerging from grocery chain Coles last year shows its biggest earner, home improvement chain Bunnings, is impacted by consumer sentiment but is still largely resilient to broader economic headwinds. Pre-tax profit from Bunnings grew 8% for the year to end-June, its slowest pace since 2013.

  • Reuters

    UPDATE 1-Australia's Wesfarmers says it won't pursue rare earths miner Lynas

    Noting Lynas' receipt of a renewed operating licence for its Malaysian processing plant earlier in the day, Wesfarmers said it "has been unable to progress a proposal". In April, Wesfarmers said it was still interested in acquiring the only major producer of rare earth elements outside China and could table a less conditional bid after its earlier offer was rebuffed by Lynas' board.

  • Know This Before Buying Wesfarmers Limited (ASX:WES) For Its Dividend
    Simply Wall St.

    Know This Before Buying Wesfarmers Limited (ASX:WES) For Its Dividend

    Today we'll take a closer look at Wesfarmers Limited (ASX:WES) from a dividend investor's perspective. Owning a strong...

  • If You Had Bought Wesfarmers (ASX:WES) Shares A Year Ago You'd Have A Total Return Of 15%
    Simply Wall St.

    If You Had Bought Wesfarmers (ASX:WES) Shares A Year Ago You'd Have A Total Return Of 15%

    It's understandable if you feel frustrated when a stock you own sees a lower share price. But in the short term the...

  • Thomson Reuters StreetEvents

    Edited Transcript of WES.AX earnings conference call or presentation 21-Feb-19 2:00am GMT

    Half Year 2019 Wesfarmers Ltd Earnings Call

  • Australia's Wesfarmers buying online retailer Catch in e-commerce push
    Reuters

    Australia's Wesfarmers buying online retailer Catch in e-commerce push

    Wesfarmers' third M&A push this year, announced on Wednesday, comes as it looks to widen its base from traditional brick-and-mortar retail business and as domestic retailers battle to keep customers from switching to the likes of online giant Amazon.com Inc. "From Wesfarmers' point of view, it gives them the digital and e-commerce capabilities that they were trying to build... you can either spend 10 years building it up, or you can go and buy one, and they've gone and bought one," said James McGlew, executive director of corporate stockbroking at Argonaut. Wesfarmers' online push and drive to diversify comes at a time when shoppers in Australia have tightened their purse-strings in response to rising household debt, tepid wage growth and a steep property downturn.

  • Reuters

    Malaysia govt 'pleased' with rare earths firm Lynas' plans to move initial ore processing -CEO

    The chief executive of Australian rare earth metals producer Lynas Corp said on Friday that feedback from the Malaysian government relating to its plans to move initial ore processes out of the Southeast Asian nation has been favourable. In a strategic growth plan to 2025 unveiled last Tuesday, Lynas said it intends to build an initial ore processing plant in Western Australia that would help it overcome political headwinds in Malaysia. The operating licence for Lynas' processing plant in the country, due for renewal in September, is under threat on concerns over waste disposal.

  • Reuters

    UPDATE 4-Australia's Lynas bets growth plan will smooth license issues, fend off rival

    Rare earths producer Lynas Corp on Tuesday unveiled detailed expansion spending plans for A$500 million ($346 million) to boost production, placate Malaysian regulators and fend off a takeover attempt. Lynas laid out a strategic growth plan to 2025 that included building an initial ore processing plant in Western Australia that would help it overcome political headwinds in Malaysia where the operating licence for its processing plant, due for renewal in September, is under threat on concerns over waste disposal.

  • Reuters

    Australia's Lynas, Blue Line plan Texas rare earths facility

    Rare earths producer Lynas Corp said on Monday it has signed a memorandum of understanding with Texas-based Blue Line Corp to set up a rare earths separation facility in the United States. The move comes as the United States, which is highly reliant on the world's biggest producer China for rare earths, is prioritising the sourcing of its own strategic minerals used in everything from consumer electronics to military equipment.

  • Reuters

    UPDATE 2-Australia's Lynas, Blue Line plan Texas rare earths facility

    Rare earths producer Lynas Corp said on Monday it has signed a memorandum of understanding with Texas-based Blue Line Corp to set up a rare earths separation facility in the United States. The move comes as the United States, which is highly reliant on the world's biggest producer China for rare earths, is prioritising the sourcing of its own strategic minerals used in everything from consumer electronics to military equipment.

  • Reuters

    Wesfarmers' soft bid for Kidman spotlights lithium's financing issues

    Wesfarmers Ltd's bid for Australia's Kidman Resources undervalues the lithium miner, analysts said on Friday, reflecting the financing difficulties the sector faces even as electric car makers warn of raw material shortages. Wesfarmers offered a 47 percent premium for Kidman, which is developing the Mount Holland project in Western Australia through a joint venture with battery chemicals maker Sociedad Quimica y Minera de Chile S.A. (SQM). Prospects for lithium demand look strong over the next decade as governments worldwide set ambitious targets to increase electric vehicle sales.

  • Reuters

    PRESS DIGEST- Financial Times - May 2

    The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines The Restaurant Group picks ex-HBOS chief Andy Hornby for ...

  • Reuters

    Australia's Lynas posts 33 pct jump in Q3 rare earths output, amid takeover interest

    Output of rare earths oxides (REO) in the quarter ending March 31 was 5,444 tonnes, compared with 4,110 tonnes produced lasta year. Production of NdPr, or neodymium-praseodymium, rose 19.4 percent to 1,591 tonnes, a new quarterly record, said Lynas, the world's only major producer of rare earths outside China. Lynas added that in a move to combat continued weakness in market prices, it would reserve all NdPr product for its strategic business partners, which could lead to a build-up in inventory in the fourth quarter.

  • Reuters

    BRIEF-Lynas Corp Says Board Concluded That It Would Not Engage With Wesfarmers On Terms Outlined In Proposal

    April 10 (Reuters) - Lynas Corporation Ltd: * BOARD CONCLUDED THAT IT WOULD NOT ENGAGE WITH WESFARMERS ON TERMS OUTLINED IN PROPOSAL * SHAREHOLDERS DO NOT NEED TO TAKE ANY ACTION IN RELATION TO INDICATIVE ...

  • Reuters

    Australia's Lynas Corp says Wesfarmers bid undervalues its IP, rejects offer

    Rare earths miner Lynas Corp said on Wednesday its board had concluded it would not engage with conglomerate Wesfarmers, stating its takeover offer undervalues the company's intellectual property. "Lynas has developed significant intellectual property (IP) in engineering, processing and product development. This IP is valuable in its own right, and its value is not reflected in the Indicative Proposal from Wesfarmers," the company said in a statement.