Westrock Company (NYSE:WRK) shares traded -1.61% down during most recent session to reach at the closing price of $46.51. The stock exchanged hands 3.23 Million shares versus average trading capacity of 2.28 Million shares, yielding a market cap of $11.86 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $60.08 within the next 52-weeks. The mean target projections are based on 13 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Westrock Company (NYSE:WRK) high price target of $82 and with a conservative view have low price target of $50.
Wells Fargo “Maintained” Westrock Company (NYSE:WRK) in a research note issued to investors on 11/06/18 to Market Perform with price target of $50.
Additionally on 10/23/18 Seaport Global “Initiates Coverage On” Westrock Company (NYSE:WRK) to Buy setting price target at $52 and on 10/11/18 Citigroup “Maintained” the stock to Buy at $54. Furthermore on 10/09/18 Wells Fargo “Maintained” the stock to Market Perform at $53.
On the other hand the company has Relative Strength Index (RSI 14) of 50.14 along with Average True Range (ATR 14) of 1.43, Consequently Westrock Company (NYSE:WRK)’s weekly and monthly volatility is 2.96%, 3.00% respectively. The company’s beta value is at 1.77.
In terms of Buy, Sell or Hold recommendations, Westrock Company (NYSE:WRK) has analysts’ mean recommendation of 2.2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Westrock Company (NYSE:WRK)’s minimum EPS for the current quarter is at $0.74 and can go high up to $0.91. The consensus mean EPS for the current quarter is at $0.85 derived from a total of 14 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.87 earnings per share for the same quarter during last year.
Previously Westrock Company (NYSE:WRK) reported $1.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.05. The company posted an earnings surprise of 4%.
Westrock Company (NYSE:WRK)’s revenue estimates for the current quarter are $4.54 Billion according to 11 number of analysts, for the current quarter the company has high revenue estimates of $4.67 Billion in contradiction of low revenue estimates of $4.4 Billion. For the current year the company’s revenue estimates are $19.48 Billion compared to low analyst estimates of $19.05 Billion and high estimates of $19.93 Billion according to 13 number of analysts.
Currently Westrock Company (NYSE:WRK)’s shares owned by insiders are 0.9%, whereas shares owned by institutional owners are 87.7%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -1.38%.
Westrock Company (NYSE:WRK)’s trailing twelve month revenues are $16.29 Billion, whereas its price to sales ratio for the same period is 0.73. Its book value per share for the most recent quarter is $45 while its price to book ratio for the same period is 1.03, as for as the company’s cash per share for the most recent quarter is $2.5, however its price to cash per share ratio for the same period is 18.62. The stock has 5 year expected PEG ratio of 1.17 whereas its trailing twelve month P/E ratio is 17.53.