Now that Downer has put the problems of the past behind it for a couple of years, and is looking like producing repeatably EPS of about 40c and annual divs of 24c FF, is it not now due for a rerating from a PE of about 10 (for a "troubled" or "unreliable" stock) to an average market PE of about 15?
PE of 15 would mean SP of $6 and div yield on that sp of 4% FF.
Now that Downer has put the problems of the past behind it for a...
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Last
$5.76 |
Change
0.050(0.88%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.75 | $5.81 | $5.69 | $4.241M | 737.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11134 | $5.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.76 | 9983 | 4 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| DOW (ASX) Chart |
