Smurfit WestRock plc (NYSE:SW) does about 6.31M shares in volume on a normal day but saw 3677606 shares change hands in the recent trading day. The company now has a market cap of 11.27B USD. Its current market price is $43.49, marking an increase of 1.35% compared to the previous close of $42.91. The 52 week high reached by this stock is $50.13 whilst the lowest price level in 52 weeks is $30.62. The script in recent trading has seen the stock touch a high of $60 and a low of $52.
Smurfit WestRock plc (SW) has a 20-day trading average at $43.30 and the current price is -13.25% off the 52-week high compared with 42.03% distance from its 52-week low. If we look at the stock’s price movements over the week, volatility stands at 3.17%, which increases to 3.22% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 50.60 to suggest the stock is neutral.
The consensus objective for the share price is $56.90, suggesting that the stock has a potential upside of 23.57% over the period. The median price target is 22.34% away from the current levels at $56.
11 analysts have rated it as a buy and 4 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on July 29, 2024 when Jefferies resumed the stock to “Hold” and issued a price target of $52. RBC Capital Mkts initiated its price target at $52.
Smurfit WestRock plc (SW) stock is up 11.94% over the week and -6.53% over the past month. Its price is 6.57% year-to-date and 13.70% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.75 and 2.51 for whole year. Expected sales for next quarter are $8.06B, which analysts say will come at $28.78B for the current fiscal year and next year at $31.67B. In addition, estimates put the company’s current quarterly revenue at an average of $8.04B.
Its 12-month price target is $56. To reach the target analysts have set, the stock logically needs to grow 23.57 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $52, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $60.
Outstanding shares total 258.45M with insiders holding 0.49% of the shares and institutional holders owning 64.96% of the company’s common stock. The company has a return on investment of 4523162.12% and return on equity of 10.73%. The price to earnings ratio (P/E ratio) amounts to 17.38 while the forward price to earnings ratio is 10.83. The beta has a value of 1.04. Price to book ratio is 75.18 and price to sales ratio is 0.92.
