Ideas And Forecasts On WestRock Co (NYSE: WRK)

WestRock Co (NYSE:WRK) currently has a daily average trading volume of 2.15M but it saw 1268829 shares traded in last market. With a market cap of 12.63B USD, the company’s current market price of $49.14 came rising about 0.08 while comparing to the previous closing price of $49.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $49.67 and as low as $26.85.

Taking a look at 20-day trading activity of WestRock Co (WRK) gives us an average price of $48.95, while its current price level is -1.07% below from 52-week high level whereas it is 83.02% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $45.57 while that of 200 days or SMA-200 reads an average of $38.55. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.05% during that period while stretching the period over a month that increases to 1.47%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 65.20 which implies that the stock is in neutral territory.

Over the week, WRK’s stock price is moving 0.61% up while it is 4.75% when we observe its performance for the past one month. Year-to-date it is 18.35% up and over the past year, the stock is showing an upside performance of 61.11%.

The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of $0.2 beaten by the consensus estimate of $0.35 for the same. For WRK, analysts are forecasting an EPS-growth rate of -32.10% for current year and estimate for EPS growth in next year is 65.40%. In next quarter, company is expected to be making quarterly sales of $5.06 billion as analysts are expecting the sales for current fiscal year at $19.68 billion and seeing the company making $20.59 billion in sales next year. Moreover, analysts are in estimates of $4.75 billion for current-quarter revenue.

Currently, WestRock Co’s total number of outstanding shares is 256.40M with 0.50% of that held by the insiders while 87.10% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -9.10% and return on equity (ROE) at -15.84%. It has a 14.28 of forward P/E ratio. Stock’s beta reads 1.11. Stock has a price to book (P/B) ratio of 1.24 while price to sale or P/S ratio amounts to 0.63. Its return on asset (ROA) is -6.01% on average.