Woolworths Holdings (JSE: WHL) share price, discussion & sentiment
What the community is sayingBearish
Investors are holding Woolworths Holdings (WHL) with optimistic price targets, expecting the stock to reach 55 rand by year-end from its current level around 47 rand, though sentiment suggests some concern about the stock's recent performance and a desire for stronger momentum.
Summarized from 3 posts · updated nightly
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honestly the grocery side carries them but fashion bleeding margins is the real problem. if woolies can get fashion back to breakeven at least, there's genuine upside from 46.98. thing is they've been saying that for years so lol.
@jozi_janet exactly, fashion is the anchor holding it back
@jozi_janet exactly, fashion is the anchor holding it back
@jozi_janet ya that's the real issue hey, Fashion is killing it
Honestly WHL at 46.98 is starting to look interesting if they can sort out the fashion division drag. Woolies grocery business is still solid but Fashion and Country Road keep weighing on earnings, makes it hard to get excited. If they can turn those around the upside is there, but that's a big if for now.
Honestly the Fashion side has been a real drag on WHL for ages now, Country Road Group just isn't pulling its weight like it used to. The grocery business is solid and Woolies supermarket has pricing power most competitors don't have, but you're basically paying for a department store that's slowly becoming irrelevant. At R46.98 it's not exactly screaming value either, especially when the retail environment is this tough with load-shedding killing foot traffic.
Woolies has been under pressure but the supermarket side is still the cash cow, even with load-shedding hitting everyone. Fashion division is the question mark for me, especially with Country Road dragging things down. If they can stabilize that and keep grocery margins where they are, 55 isn't crazy for end of year, but feels like we need to see some actual improvement first, not just hope.
@jozi_janet ja, we need that bounce back
Come on, break through 50!
Did some homework on WHL over the weekend. Balance sheet holding up pretty well actually
@jozi_janet ja, feels like we're stuck there
Valuation
Price Range
Current R 46,12 — 50% of range
Performance
Trading
Fundamentals sourced from JSE disclosures. Updated quarterly.