Previous Close | 34.54 |
Open | 34.78 |
Bid | 35.00 x 0 |
Ask | 35.50 x 0 |
Day's Range | 34.64 - 35.72 |
52 Week Range | 19.79 - 37.17 |
Volume | |
Avg. Volume | 3,384,847 |
Market Cap | 67.632B |
Beta (5Y Monthly) | 0.88 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.05 |
Earnings Date | Aug 15, 2024 |
Forward Dividend & Yield | 0.30 (0.85%) |
Ex-Dividend Date | Jun 27, 2024 |
1y Target Est | 34.29 |
As global markets celebrate the prospect of impending interest rate cuts, with major indices like the Dow Jones Industrial Average and S&P 500 moving toward record highs, investors are increasingly looking for opportunities to capitalize on undervalued stocks. In this environment, identifying stocks that may be trading below their intrinsic value can offer a strategic advantage.
The Australian market has climbed 1.2% in the last 7 days and is up 9.8% over the last 12 months, with earnings forecast to grow by 13% annually. In this favorable environment, identifying undervalued stocks can provide significant opportunities for investors looking to capitalize on potential growth while minimizing risk.
Amidst fluctuations in the ASX200 and sector-specific downturns, particularly in IT and Energy, investors are keenly observing market movements for potential opportunities. In such an environment, identifying undervalued stocks becomes crucial as it might offer a strategic advantage in navigating through these challenging market conditions.