Should You Sell Smurfit WestRock plc (SW) And Go Away This Year?

Smurfit WestRock plc (NYSE:SW) currently has a daily average trading volume of 6.69M but it saw 6897305 shares traded in last market. With a market cap of 11.23B USD, the company’s current market price of $43.32 came falling about -3.39 while comparing to the previous closing price of $44.84. 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 its current price level -13.58% below from 52-week high level whereas it is 41.48% 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 3.89% during that period while stretching the period over a month that decreases to 3.28%. 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 38.77 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 Jefferies which resumed the stock as “Hold” in its note to investors issued on July 29, 2024, recommending a price target of $52 for it. RBC Capital Mkts issued its recommendations for the stock as it initiated the price target for the stock is $52.

Over the week, SW’s stock price is moving -9.16% down while it is -6.21% when we observe its performance for the past one month. Year-to-date it is 6.15% up and over the past year, the stock is showing an upside performance of 30.29%.

Currently, Smurfit WestRock plc’s total number of outstanding shares is 258.45M. Company’s return on investment (ROI) stands at 5.10% and return on equity (ROE) at 10.73%. It has a price to earnings ratio (P/E ratio) of 17.31 while having a 10.67 of forward P/E ratio. Stock’s beta reads 1.06. Stock has a price to book (P/B) ratio of 1.78 while price to sale or P/S ratio amounts to 0.92. Its return on asset (ROA) is 4.23% on average.