What is the best trade option for WestRock Co (WRK) stock?

WestRock Co [WRK] stock is trading at $52.73, up 0.46%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The WRK shares have gain 2.07% over the last week, with a monthly amount glided 9.69%, and seem to be holding up well over a long-time horizon.

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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 [WRK] stock has fluctuated between $27.12 and $52.98 over the past year. Currently, Wall Street analysts expect the stock to reach $47 within the next 12 months. WestRock Co [NYSE: WRK] shares were valued at $52.73 at the most recent close of the market. An investor can expect a potential drop of -10.87% based on the average WRK price forecast.

Analyzing the WRK fundamentals

WestRock Co [NYSE:WRK] reported sales of 19.46B for the trailing twelve months, which represents a drop of -10.44%. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.87.

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 52.44 points at the first support level, and at 52.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 52.94, and for the 2nd resistance point, it is at 53.14.

Ratios To Look Out For

For context, WestRock Co’s Current Ratio is 1.34. In addition, the Quick Ratio stands at 0.85 and the Cash Ratio stands at 0.1. Considering the valuation of this stock, the price to sales ratio is 0.70, the price to book ratio is 1.35 and price to earnings (TTM) ratio is 44.52.

Transactions by insiders

Recent insider trading involved Singleton Denise R, EVP, General Counsel & Sec., that happened on May 03 ’24 when 9700.0 shares were sold. President, Global Paper, O’Neal John L completed a deal on May 03 ’24 to sell 6965.0 shares. Meanwhile, President, Corrugated Pkg Kivits Patrick M. sold 6000.0 shares on May 03 ’24.

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