I like your train of thought sir! Simply Wall St is forecasting...

I like your train of thought sir!

Simply Wall St is forecasting earnings at $1.217b (this is from 2 analysists). Based on this I have calculated EPS to be $1.08 on the basis that another Dividend per share of $0.08 is paid by June (i.e. net earnings of $1.059b / outstanding shares 985.417m). If we divide the current SP of $4.80 by the full year EPS we get a forward P/E ratio of 4.47...



Refinitiv have forecast a mean EPS of $1.206, Low of 0.744 cents and High of $1.690 (this is from 10 analysts). If we divide the current SP of $4.80 by the Refinitiv mean full year EPS we get a forward P/E ratio of 3.98...



Based on the above I agree that a price target of over $10 is very achievable, even if the P/E is at 9...

I have been buying and selling WHC post COVID crash from $0.80 cents to now - so loving the ride and hoping it will continue for a while longer.

DYOR

GLTAH