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A look at a High Market Cap Stock: Westpac Banking Corporation, WBK

Westpac Banking Corporation, WBK is in the exchange NYSE and its industry is Foreign Money Center Banks in the sector of Financial. Based in Australia, Westpac Banking Corporation, WBK  has a market cap of 77023.99. Since its IPO date on the 6/30/1989, Westpac Banking Corporation, WBK performance year to date is -6.11%. Today Westpac Banking Corporation, WBK has gained -0.91%, with a current price of 22.75.

Ownership of the company is 0.10% for insider ownership while institutional ownership is 0.50%. The management of the company have seen the company have a payout ratio of 74.70%. Return of assets are at 1.00%, with return on investment at 5.00%.

In terms of debt levels and profit levels, Westpac Banking Corporation, WBK is seeing a long-term debt/equity of 3.11. While Total debt/equity is 3.24. With a profit margin of 25.50%, this is combined with a gross margin of *TBA, and operating margin of 43.10%. Westpac Banking Corporation ability to meet debt levels, with a current ratio of *TBA, while the quick ratio is *TBA.

For the last year Westpac Banking Corporation, WBK has seen a EPS growth of 4.50%. A performance for the year of 8.02%. The 52-week high is -10.15%, and the 52-week low is 14.73%. The average volume for Westpac Banking Corporation, WBK is 90960.

With a target price of 26.41, can Westpac Banking Corporation, WBK reach this target? Looking at the value indicators of Westpac Banking Corporation, WBK. Westpac Banking Corporation has a P/E of 12.27 and a forward P/E of 12.08. Perhaps the more useful indicator than P/E, is PEG which has a value of 4.09. Westpac Banking Corporation also has a P/S and a P/B of 3.18 and 1.72 respectively. For P/cash, Westpac Banking Corporation has a value of 1, while it is 10.86 for P/free cash flow.

At the current price of 22.75, Westpac Banking Corporation has a dividend yield of 6.15%. We see a return on equity of 15.60%.

Looking more long-term Westpac Banking Corporation, is projected to get an EPS growth for the next five years of 3.00%. In the short-term an EPS growth of 4.43% in the next year is forecasted. This is after a EPS growth of 4.50% for this year and for the last five years a 3.70% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Tony Dabbs

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