It’s still a bull thesis, just subverted: West Pharmaceutical Services, Inc. (WST)

At the time of writing, West Pharmaceutical Services, Inc. [WST] stock is trading at $314.79, up 5.77%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The WST shares have gain 4.75% over the last week, with a monthly amount glided 2.82%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

West Pharmaceutical Services, Inc. [NYSE: WST] stock has seen the most recent analyst activity on February 07, 2024, when Jefferies upgraded its rating to a Buy and also boosted its price target to $536 from $323. Previously, BofA Securities upgraded its rating to Buy on June 16, 2023, and elevated its price target to $405. On April 11, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $400 on the stock. Deutsche Bank started tracking the stock assigning a Hold rating and suggested a price target of $250 on December 14, 2022. UBS initiated its recommendation with a Neutral and recommended $250 as its price target on November 30, 2022. BofA Securities downgraded its rating to Neutral for this stock on October 28, 2022, and downed its price target to $250. In a note dated November 10, 2020, KeyBanc Capital Markets initiated an Overweight rating and provided a target price of $350 on this stock.

For the past year, the stock price of West Pharmaceutical Services, Inc. fluctuated between $265.00 and $415.73. Currently, Wall Street analysts expect the stock to reach $345.33 within the next 12 months. West Pharmaceutical Services, Inc. [NYSE: WST] shares were valued at $314.79 at the most recent close of the market. An investor can expect a potential return of 9.7% based on the average WST price forecast.

Analyzing the WST fundamentals

According to West Pharmaceutical Services, Inc. [NYSE:WST], the company’s sales were 2.88B for trailing twelve months, which represents an -6.92% plunge. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.19 and Total Capital is 0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.09.

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 304.46 points at the first support level, and at 294.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 320.54, and for the 2nd resistance point, it is at 326.29.

Ratios To Look Out For

It is important to note that West Pharmaceutical Services, Inc. [NYSE:WST] has a current ratio of 2.34. In addition, the Quick Ratio stands at 1.68 and the Cash Ratio stands at 0.7. Considering the valuation of this stock, the price to sales ratio is 7.94, the price to book ratio is 8.87 and price to earnings (TTM) ratio is 44.77.

Transactions by insiders

Recent insider trading involved Witherspoon Charles, VP & Treasurer, that happened on Aug 19 ’24 when 1029.0 shares were sold. Director, Hofmann Thomas W completed a deal on May 10 ’24 to sell 617.0 shares. Meanwhile, President, CEO and Board Chair Green Eric Mark sold 30732.0 shares on Aug 06 ’24.

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