Wesfarmers Ltd (ASX: WES) shares have come back a fair way from their highs.

The shares are trading around $73.79 on Thursday, compared with a 52-week high of $94.70.

Could they recover and make their way to $100 in 2027? Let’s run the numbers and find out.

Could Wesfarmers reach $100?

I think $100 is possible, but it looks unlikely to me over that timeframe.

From $73.79, Wesfarmers shares would need to rise around 36% to reach $100.

The business itself remains one I rate highly. Wesfarmers owns Bunnings, Kmart, Officeworks, and several other businesses, giving it multiple ways to grow earnings over time.

But the current forecasts suggest that growth will be fairly steady.

According to CommSec, consensus estimates point to earnings per share of $2.72 in FY27, rising to $2.90 in FY28 and $3.11 in FY29.

If Wesfarmers reached $100, the shares would be trading on a P/E ratio of around 34 times forecast FY28 earnings and 32 times FY29 earnings.

I think that would be a fairly demanding valuation, even for a business of Wesfarmers’ quality.

What has Wesfarmers traded at historically?

Wesfarmers has commanded a premium valuation for some time, so a high P/E ratio would not be unusual.

Its average annual P/E ratios over the past five years, according to CommSec, have ranged from around 22 times to 32 times earnings.

That helps put a $100 share price into perspective.

Wesfarmers could certainly trade above its historical averages for a period, particularly if investors become more optimistic about earnings growth.

But I would not want to base my expectations on the market pushing the valuation significantly higher while earnings are growing at a relatively measured pace.

Could Wesfarmers get back to $90?

I think $90 looks much more achievable.

That would require a gain of around 22% from today’s price and would still leave the shares below their 52-week high.

At $90, Wesfarmers would trade at around 31 times forecast FY28 earnings and 29 times FY29 earnings.

Those multiples are still high, but they sit much more comfortably within the range investors have been willing to pay for Wesfarmers shares in recent years.

If Bunnings and Kmart continue to perform well and group earnings keep rising, I could see the market becoming more positive on the shares again.

Dividends provide something along the way

Wesfarmers should also continue returning cash to shareholders while investors wait.

Consensus forecasts point to fully-franked dividends of $2.34 per share in FY27, $2.49 per share in FY28, and $2.71 per share in FY29.

At today’s price, the FY27 forecast represents a dividend yield of around 3.2%.

Foolish takeaway

I would not be counting on Wesfarmers shares reaching $100 in 2027.

The business is still one I would happily own, but $100 would require both a strong share price recovery and a valuation towards the expensive end of its recent history.

Around $90 looks more realistic to me. If Wesfarmers keeps growing earnings and its major businesses perform well, I think a return towards that level is quite achievable.

The post Could Wesfarmers shares reach $100 in 2027 appeared first on The Motley Fool Australia.

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Motley Fool contributor Grace Alvino has positions in Wesfarmers. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Wesfarmers. The Motley Fool Australia has recommended Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The HomeCo Daily Needs REIT (ASX: HDN) share price is in focus today after the company declared a quarterly unfranked distribution of 2.15 cents per unit for the period ending 30 September 2026.

What did HomeCo Daily Needs REIT report?

• Declared a quarterly distribution of 2.15 cents per unit
• Distribution is unfranked
• Ex-date: 29 September 2026
• Record date: 30 September 2026
• Payment date: 24 November 2026
• The distribution relates to the September 2026 quarter

What else do investors need to know?

The distribution announced by HomeCo Daily Needs REIT is unfranked, which means it will not include any attached tax credits for investors. This can affect after-tax returns for some unitholders, especially those in higher tax brackets.

The company has confirmed a Dividend/Distribution Reinvestment Plan (DRP) is available for this distribution, providing existing investors with the option to reinvest their payout into more HDN units without incurring brokerage fees.

Aside from the distribution details, there were no other financial results, additional commentary, or operational updates included in this notification.

What’s next for HomeCo Daily Needs REIT?

Investors can look forward to the distribution being paid on 24 November 2026, with the ex-date falling on 29 September 2026. Continued quarterly distributions are a feature of HomeCo Daily Needs REIT’s approach to returning income to unitholders.

Future results and distribution levels may depend on rental collection, property valuations, and broader economic conditions affecting the real estate sector. Investors should monitor future announcements for updates on performance and strategy.

HomeCo Daily Needs REIT share price snapshot

Over the past 12 months, HomeCo Daily Needs REIT shares have declined 21%, trailing the S&P/ASX 200 Index (ASX: XJO), which is flat over the same period.

View Original Announcement

The post HomeCo Daily Needs REIT announces September 2026 quarterly distribution appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended HomeCo Daily Needs REIT. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

Investors looking for the biggest casualties amongst S&P/ASX 200 Index (ASX: XJO) shares in 2026 don’t have to look far. WiseTech Global Ltd (ASX: WTC), Seek Ltd (ASX: SEK), and Xero Ltd (ASX: XRO) have all been smashed this year, down 49% or more and hovering near their 52-week lows.

Rising interest rates have punished growth stocks. Now fears that AI could gut traditional software moats are piling on.

But a collapsing share price doesn’t automatically make a share cheap. Here’s what’s actually happening beneath the surface of each ASX 200 share.

WiseTech is facing a slowdown in growth

WiseTech has delivered one of Australia’s most spectacular tech share price reversals. The stock closed at $32.34 on Wednesday, down roughly 53% for the year.

The underlying business is still profitable, but investors are grappling with a sharp slowdown in expected growth – FY27 revenue growth is forecast at just 6% to 10%. That’s forced the market to strip away the hefty premium valuation this global logistics software company used to command.

Still, a genuine value argument is emerging. Recent analysis puts WiseTech on a considerably lower earnings multiple than it has carried historically, and several brokers remain constructive on the long-term opportunity.

The bull case rests on a simple idea: the market may be underestimating just how durable and profitable CargoWise really is. Morgans currently has a price target of $62.50, almost a 100% rise from current levels.

Fewer jobs, less demand for Seek

Seek has also copped a serious rerating, down about 49% year to date to $11.91.

Unlike WiseTech, this ASX 200 share’s fortunes are tied directly to the health of the employment market. When businesses hire fewer people, they typically advertise fewer jobs. As a result, that means less demand for Seek’s core service.

The company is still generating solid revenue and earnings, but investors need real evidence that hiring conditions can support renewed growth before they’re willing to pay up again.

Bell Potter recently retained its hold rating on the stock, trimming its price target to $13 from $13.80. That implies roughly 9% upside from here.

Xero: Major valuation reset

Xero has experienced a dramatic fall, too. The $10 billion ASX 200 share now sits at $58.20, 49% lower than where it sat 12 months ago.

Yet the business itself keeps growing rapidly. FY26 operating revenue rose 31% to NZ$2.75 billion, and Xero finished the year with 4.92 million customers. Management is targeting another roughly 30% increase in revenue for FY27.

That disconnect is what makes Xero so interesting. The growth engine hasn’t slowed, but investors have dramatically slashed what they’re willing to pay for it.

Broker targets currently average around $111.25 a share. Getting there would mean a 91% rise from today’s price.

Foolish takeaway

The biggest ASX 200 fallers can be tempting hunting grounds, but investors shouldn’t confuse ‘down a lot’ with ‘undervalued’. WiseTech faces genuinely slower growth expectations, Seek remains hostage to the jobs market, and Xero is working through a major valuation reset despite still-strong underlying growth.

For investors willing to look past the share price chart, the real question isn’t which stock has fallen the furthest — it’s whether today’s lowered expectations are already conservative enough, or whether there’s still further to fall.

The post These 3 ASX 200 shares have lost 49%+ in 2026. Are any now bargains? appeared first on The Motley Fool Australia.

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• Should I invest $5,000 into WiseTech and Xero shares?
• Is this ASX 200 share a bargain after crashing to $12?

Motley Fool contributor Marc Van Dinther has positions in WiseTech Global. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended WiseTech Global and Xero. The Motley Fool Australia has positions in and has recommended WiseTech Global and Xero. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.