It’s Not A Fantasy To Think That Smurfit WestRock plc (SW) Has Big Future Potential

money audit

Smurfit WestRock plc (NYSE:SW) currently has a daily average trading volume of 4.29M but it saw 2954906 shares traded in last market. With a market cap of 27.70B USD, the company’s current market price of $53.45 came rising about 0.45 while comparing to the previous closing price of $53.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $54.32 and as low as $32.56. In the recent trading on the day, stock has struck highest price mark of $52.8 while lowest mark touched by it was $53.74.

Taking a look at 20-day trading activity of Smurfit WestRock plc (SW) gives us an average price of $47.44, while its current price level is -1.60% below from 52-week high level whereas it is 64.15% 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 $46.98. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.34% during that period while stretching the period over a month that increases to 2.46%. 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 72.85 which implies that the stock is in overbought 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 RBC Capital Mkts which upgraded the stock as “Outperform” in its note to investors issued on October 31, 2024, recommending a price target of between $52 and $58 for it. Redburn Atlantic issued its recommendations for the stock as it initiated the price target for the stock is $60.

Over the week, SW’s stock price is moving 3.79% up while it is 16.04% when we observe its performance for the past one month. Year-to-date it is 30.97% up and over the past year, the stock is showing an upside performance of 45.05%.

The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0.64 while estimate for next year EPS is 2.45. In next quarter, company is expected to be making quarterly sales of $7.71B as analysts are expecting the sales for current fiscal year at $28.46B and seeing the company making $32.31B in sales next year. Moreover, analysts are in estimates of $7.83B 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 2.02% and return on equity (ROE) at 10.67%. It has a price to earnings ratio (P/E ratio) of 22.22 while having a 13.94 of forward P/E ratio. Stock’s beta reads 1.03. Stock has a price to book (P/B) ratio of 1.55 while price to sale or P/S ratio amounts to 2.35. Its return on asset (ROA) is 4.22% on average.