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NYSE: WBK
Westpac Banking Corp Stock Forecast, Predictions & Price Target

Analyst price target for WBK

Based on 1 analysts offering 12 month price targets for Westpac Banking Corp.
Min Forecast
$24.30+19.7%
Avg Forecast
$24.30+19.7%
Max Forecast
$24.30+19.7%

Should I buy or sell WBK stock?

Buy
Strong Buy
1 analysts 33.33%
Buy
0 analysts 0%
Hold
2 analysts 66.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Forecast return on equity

Is WBK forecast to generate an efficient return?
Company
15,356.03%
Industry
702.46%
Market
50.39%
WBK's Return on Equity is forecast to be high in 3 years (15,356.03%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is WBK forecast to generate an efficient return on assets?
Company
0.86%
Industry
1.06%
Market
16.54%
WBK is forecast to generate lower Return on Assets (0.86%) than the US Banks - Diversified industry average (1.06%)
Forecast

WBK earnings per share forecast

What is WBK's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$1.43+208.24%
Avg 2 year Forecast
$1.43+206.82%
Avg 3 year Forecast
$1.56+235.48%
WBK's earnings are forecast to grow at an exceptional rate of 79.14% per year
Forecast

WBK revenue forecast

What is WBK's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$16.2B+9.73%
Avg 2 year Forecast
$16.2B+9.76%
Avg 3 year Forecast
$16.5B+11.82%
WBK's revenue is forecast to grow at a rate of 5.85% per year, which is not exceptional
Forecast

WBK earnings growth forecast

How is WBK forecast to perform vs Banks - Diversified companies and vs the US market?
Company
79.14%
Industry
26.79%
Market
27.09%
WBK's earnings are forecast to grow faster (79.14% per year) than the US Banks - Diversified industry average (26.79%)
Forecast
WBK's earnings are forecast to grow faster (79.14% per year) than the US market average (27.09%)
Forecast
WBK's earnings are forecast to grow faster (79.14% per year) than the risk-free savings rate (1.5%)
Forecast

WBK revenue growth forecast

How is WBK forecast to perform vs Banks - Diversified companies and vs the US market?
Company
5.85%
Industry
-0.57%
Market
17.79%
WBK's revenues are forecast to grow faster (5.85% per year) than the US Banks - Diversified industry average (-0.57%)
Forecast
WBK's revenues are forecast to grow slower (5.85% per year) than the US market average (17.79%)
Forecast

Westpac Banking Corp Stock Forecast FAQ

Is Westpac Banking Corp Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: WBK) stock is to Buy WBK stock.

Out of 3 analysts, 1 (33.33%) are recommending WBK as a Strong Buy, 0 (0%) are recommending WBK as a Buy, 2 (66.67%) are recommending WBK as a Hold, 0 (0%) are recommending WBK as a Sell, and 0 (0%) are recommending WBK as a Strong Sell.

What is WBK's earnings growth forecast for 2021-2023?

(NYSE: WBK) Westpac Banking Corp's forecast annual earnings growth rate of 79.14% is forecast to beat the US Banks - Diversified industry's average forecast earnings growth rate of 26.79%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 27.09%.

Westpac Banking Corp's earnings in 2021 is $1,647,482,014.On average, 3 Wall Street analysts forecast WBK's earnings for 2021 to be $5,176,627,924, with the lowest WBK earnings forecast at $4,875,774,575, and the highest WBK earnings forecast at $5,598,111,549. On average, 3 Wall Street analysts forecast WBK's earnings for 2022 to be $5,152,790,804, with the lowest WBK earnings forecast at $4,659,073,482, and the highest WBK earnings forecast at $5,887,046,338.

In 2023, WBK is forecast to generate $5,634,228,397 in earnings, with the lowest earnings forecast at $5,020,241,969 and the highest earnings forecast at $6,248,214,825.

What is WBK's revenue growth forecast for 2021-2023?

(NYSE: WBK) Westpac Banking Corp's forecast annual revenue growth rate of 5.85% is forecast to beat the US Banks - Diversified industry's average forecast revenue growth rate of -0.57%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 17.79%.

Westpac Banking Corp's revenue in 2021 is $14,520,143,884.On average, 2 Wall Street analysts forecast WBK's revenue for 2021 to be $58,384,944,583,926, with the lowest WBK revenue forecast at $57,933,736,793,117, and the highest WBK revenue forecast at $58,836,152,374,735. On average, 2 Wall Street analysts forecast WBK's revenue for 2022 to be $58,400,673,471,535, with the lowest WBK revenue forecast at $57,493,797,459,102, and the highest WBK revenue forecast at $59,307,549,483,967.

In 2023, WBK is forecast to generate $59,497,632,458,676 in revenue, with the lowest revenue forecast at $57,715,988,312,305 and the highest revenue forecast at $61,279,276,605,047.

What is WBK's forecast return on assets (ROA) for 2021-2023?

(NYSE: WBK) forecast ROA is 0.86%, which is lower than the forecast US Banks - Diversified industry average of 1.06%.

What is WBK's Price Target?

According to 1 Wall Street analysts that have issued a 1 year WBK price target, the average WBK price target is $24.30, with the highest WBK stock price forecast at $24.30 and the lowest WBK stock price forecast at $24.30.

On average, Wall Street analysts predict that Westpac Banking Corp's share price could stay at $24.30 by May 14, 2022. The average Westpac Banking Corp stock price prediction forecasts a potential downside of N/A from the current WBK share price of $20.30.

What is WBK's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: WBK) Westpac Banking Corp's current Earnings Per Share (EPS) is $0.46. On average, analysts forecast that WBK's EPS will be $1.43 for 2021, with the lowest EPS forecast at $1.35, and the highest EPS forecast at $1.55. On average, analysts forecast that WBK's EPS will be $1.43 for 2022, with the lowest EPS forecast at $1.29, and the highest EPS forecast at $1.63. In 2023, WBK's EPS is forecast to hit $1.56 (min: $1.39, max: $1.73).

What is WBK's forecast return on equity (ROE) for 2021-2023?

(NYSE: WBK) forecast ROE is 15,356.03%, which is considered strong.
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