WESFARMERS LIMITED (WES)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

WES - WESFARMERS LIMITED

FNArena Sector : Apparel & Footwear
Year End: June
GICS Industry Group : Food & Staples Retailing
Index: ASX20 | ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Wesfarmer is an Australian conglomerate with interests predominantly in Australian and New Zealand retail companies. It owns Bunnings, Kmart, Officeworks and Target, amongst others. Founded as the Westralian Farmers Co-operative in 1914 it became a listed entity in November 1984.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$49.53

05 Mar
2021

-0.390

OPEN

$50.18

-0.78%

HIGH

$50.30

1,736,981

LOW

$49.27

TARGET
$52.634 6.3% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
MYR . PBG . PMV . CCX . SRF . PGR . MOZ . AX1 . BBN . UNI .
MARKET CONSENSUS FORECAST
WES: 1
Title FY19
Actual		 FY20
Actual		 FY21
Forecast		 FY22
Forecast
EPS (cps) xxx 143.4 204.2 xxx
DPS (cps) xxx 170.0 168.5 xxx
EPS Growth xxx - 16.4% 42.4% xxx
DPS Growth xxx - 38.8% - 0.9% xxx
PE Ratio xxx N/A 24.3 xxx
Dividend Yield xxx N/A 3.4% xxx
Div Pay Ratio(%) xxx 118.5% 82.5% xxx

Dividend yield today if purchased 3 years ago: 4.18%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.43

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 23/02 - 88c (100%)

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-0.1

No. Of Recommendations

7
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

19/02/2021

3

Neutral

$51.70

4.38%

First half earnings were ahead of UBS estimates and cash flow was strong. The broker believes strong like-for-like sales in November/December and the lack of discounting drove the results. These benefit should partially moderate by FY22.

The broker does not believe capital management is imminent as Wesfarmers is comfortable holding a large net cash balance, given uncertainty and lack of franking credits. Neutral maintained. Target is raised to $51.74 from $46.50.

FORECAST
UBS forecasts a full year FY21 dividend of 169.00 cents and EPS of 200.00 cents.
UBS forecasts a full year FY22 dividend of 168.00 cents and EPS of 189.00 cents.

Credit Suisse

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

xx/xx/xxxx

4

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >

WES STOCK CHART

FNArena News on WES

1
February In Review: ASX Rises Five Consecutive Months

Mar 04 2021 - Australia
2
Rudi’s View: A February For The Record Books

Mar 04 2021 - Rudi's View
3
Weekly Ratings, Targets, Forecast Changes – 19-02-21

Feb 22 2021 - Weekly Reports
4
FNArena Corporate Results Monitor – 19-02-2021

Feb 19 2021 - Australia
5
Rudi’s View: A February Full Of Promise

Feb 12 2021 - Rudi's View

Latest Apparel & Footwear News

1
More Babies Brightens Baby Bunting Outlook

Feb 15 2021 - Australia
2
Accent Runs Hard On New Store Targets

Nov 23 2020 - Australia
3
City Chic Prepped For Acquisitions

Nov 23 2020 - Australia
4
Online Sales Crucial For Premier Investments

Sep 28 2020 - Australia
5
Is Wesfarmers Heading For A Sales Cliff?

Jun 10 2020 - Australia
6
Opportunity In Accent Group

May 27 2020 - Technicals
7
Online Orders Underpin City Chic

May 26 2020 - Small Caps
8
What Can Wesfarmers Do With Target?

Apr 29 2020 - Australia
9
Baby Bunting Still A Defensive Option

Feb 17 2020 - Small Caps
10
US Avenue For City Chic To Expand

Oct 14 2019 - Small Caps