Look Past The Setbacks And Give Smurfit WestRock plc (NYSE: SW) Another Chance

Smurfit WestRock plc (NYSE:SW) currently has a daily average trading volume of 4.24M but it saw 5759528 shares traded in last market. With a market cap of 26.11B USD, the company’s current market price of $50.35 came falling about -1.26 while comparing to the previous closing price of $50.99. 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 $49.96 while lowest mark touched by it was $50.785.

Taking a look at 20-day trading activity of Smurfit WestRock plc (SW) gives us an average price of $49.07, while its current price level is -7.31% below from 52-week high level whereas it is 54.63% 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 $47.49. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.80% during that period while stretching the period over a month that increases to 2.39%. 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 55.36 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 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 -5.80% down while it is 10.93% when we observe its performance for the past one month. Year-to-date it is 23.38% up and over the past year, the stock is showing an upside performance of 39.36%.

Currently, Smurfit WestRock plc’s total number of outstanding shares is 258.45M. Company’s return on investment (ROI) stands at 1.97% and return on equity (ROE) at 10.67%. It has a price to earnings ratio (P/E ratio) of 20.93 while having a 13.85 of forward P/E ratio. Stock’s beta reads 1.01. Stock has a price to book (P/B) ratio of 1.46 while price to sale or P/S ratio amounts to 2.22. Its return on asset (ROA) is 4.22% on average.