WOW 0.38% $34.17 woolworths group limited

WOW...radical thought...stick to RETAILING, page-253

  1. 3,537 Posts.
    lightbulb Created with Sketch. 164
    I guess if you buy it now around $32 on a PE ratio of about 22, what would be the reason for share price rise ?
    it would need to be either substantial earnings growth, or else PE expansion back to the mid 20's.
    I can't see either happening in the current environment.
    WOW was on PE ratios well below 20 back in 2015 - 2016 ( average PE 16 in 2015 and as low as 11 in 2016 )
    so it could well become cheaper.
    I'd like to pick it up below $30 on a PE below 20
    by the way, the 5 year chart looks like a big H&S pattern to me
    Last edited by woollydog: 19/03/24
 
watchlist Created with Sketch. Add WOW (ASX) to my watchlist
(20min delay)
Last
$34.17
Change
-0.130(0.38%)
Mkt cap ! $41.74B
Open High Low Value Volume
$34.33 $34.69 $34.07 $77.40M 2.258M

Buyers (Bids)

No. Vol. Price($)
1 2923 $34.17
 

Sellers (Offers)

Price($) Vol. No.
$34.19 4889 1
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
WOW (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.