I think the market expected closer to 250m (that was in one of the posts on HC). Looking at the PE rations of similar companies, CSL, FPH and RMD the PE ratio for COH can be anywhere from 40 to 50 depending on what mood people are in. Whether or not the PE should be that high is not the point - it just is (even though I find it hard to justify). With that, the market cap will be between 9.8bn and 12.3 bn. At yesterdays closing market cap was 11.4bn so I expect this to trade between 172 and 216 over next few months.
News: COH Cochlear Ltd Provides FY19 Net Profit Guidance Of $265-275 Million, page-6
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add COH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$283.50 |
Change
0.310(0.11%) |
Mkt cap ! $18.55B | |||
| Open | High | Low | Value | Volume |
| $281.92 | $284.02 | $280.81 | $38.93M | 137.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25 | $282.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $283.56 | 79 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| COH (ASX) Chart |