Are Analysts Too Bullish On Smurfit WestRock plc (SW)

Smurfit WestRock plc (NYSE:SW) currently has a daily average trading volume of 6.38M but it saw 5093906 shares traded in last market. With a market cap of 12.36B USD, the company’s current market price of $47.69 came falling about -2.39 while comparing to the previous closing price of $48.86. In past 52 weeks, the stock remained buoying in the range of price level as high as $50.13 and as low as $30.62.

Taking a look at 20-day trading activity of Smurfit WestRock plc (SW) gives us its current price level is -4.87% below from 52-week high level whereas it is 55.75% above from lowest level seen by the stock during that period. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.54% during that period while stretching the period over a month that decreases to 2.40%. 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 52.63 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Morgan Stanley which initiated the stock as “Overweight” in its note to investors issued on July 19, 2024, recommending a price target of $60 for it. JP Morgan also issued its recommendations for the stock as it initiated the price target for the stock is $66.

Over the week, SW’s stock price is moving 1.86% up while it is 4.35% when we observe its performance for the past one month. Year-to-date it is 16.86% up and over the past year, the stock is showing an upside performance of 41.72%.

In next quarter, company is expected to be making quarterly sales of $8.01B as analysts are expecting the sales for current fiscal year at $30.09B and seeing the company making $34.25B in sales next year. Moreover, analysts are in estimates of $3.11B for current-quarter revenue.

Currently, Smurfit WestRock plc’s total number of outstanding shares is 258.45M. Company’s return on investment (ROI) stands at 8.12% and return on equity (ROE) at 14.24%. It has a price to earnings ratio (P/E ratio) of 15.13 while having a 11.22 of forward P/E ratio. Stock’s beta reads 1.05. Stock has a price to book (P/B) ratio of 2.01 while price to sale or P/S ratio amounts to 1.01. Its return on asset (ROA) is 5.82% on average.