A share price of WestRock Co [WRK] is currently trading at $48.84, down -0.12%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WRK shares have lost -0.73% over the last week, with a monthly amount glided 8.34%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 1, February 2024, WestRock Reports First Quarter Fiscal 2024 Results. In a post published today on Yahoo Finance, WestRock Company (NYSE:WRK), a leading provider of sustainable paper and packaging solutions, today announced results for its fiscal first quarter ended December 31, 2023.
From an analyst’s perspective:
WestRock Co [NYSE: WRK] stock has seen the most recent analyst activity on January 29, 2024, when Seaport Research Partners downgraded its rating to a Neutral. On November 17, 2023, upgrade upgraded it’s rating to Buy. BofA Securities upgraded its rating to a Buy and increased its price target to $40 on April 20, 2023. Citigroup upgraded its rating to a Buy and reduced its price target to $32 on March 20, 2023. Argus downgraded its rating to Hold for this stock on February 13, 2023. In a note dated June 21, 2022, Citigroup downgraded an Neutral rating on this stock and revised its target price from $53 to $45.
WestRock Co experienced fluctuations in its stock price throughout the past year between $26.85 and $49.67. Currently, Wall Street analysts expect the stock to reach $45 within the next 12 months. WestRock Co [NYSE: WRK] shares were valued at $48.84 at the most recent close of the market. An investor can expect a potential drop of -7.86% based on the average WRK price forecast.
Analyzing the WRK fundamentals
Trailing Twelve Months sales for WestRock Co [NYSE:WRK] were 20.01B which represents -6.16% decline. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.17 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.86.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 48.58 points at the first support level, and at 48.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 49.30, and for the 2nd resistance point, it is at 49.77.
WestRock Co [WRK] reported earnings per share of $0.2 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.35/share, meaning a difference of -$0.15 and a surprise factor of -42.90%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.81 per share as compared to estimates of $0.74 per share, a difference of $0.07 representing a surprise of 9.50%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for WestRock Co [NYSE:WRK] is 1.55. As well, the Quick Ratio is 0.95, while the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 0.63, the price to book ratio is 1.24.
Transactions by insiders
Recent insider trading involved Lostetter Vicki L, Chief Human Resources Officer, that happened on Feb 12 ’24 when 3500.0 shares were sold.
