Westrock stock: buy or sell?
August 22nd, 2019
WestRock Company manufactures and sells paper and packaging solutions for the consumer and corrugated markets in North America, South America, Europe, Australia, and Asia.
Should I buy Westrock stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to choose your own trading plan that fits your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Westrock stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Westrock stock a buy?
Banks and financial institutions post stock ratings everyday.At Stocks2.com, we collected 11 ratings published for WRK stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-1-8||Royal Bank of Canada||Outperform||Sector Perform|
Westrock stock analysis
Westrock ended today at $33.63 and stayed steady a neutral 0.18%.
Shares of Westrock ended today at $33.63 and stayed steady a neutral 0.18%. Since price and SMA100d lines crossed down on August/5, WRK fell $-2.74 per share (-7.53%).
Westrock closed this week at $33.63 and raised a tiny 0.84%. Early August WRK collapsed a scary -5.97% in just one week.
Observing the weekly chart, price is in a simple uptrend, tested $32.38 level and now climbing back aiming its last top at $38.13. Since early August, when WRK stock price broke down the 20-weeks moving avarage line, it slid $-2.74 per share (-7.53%).
Westrock stock price history
Westrock IPO was on June 24th, 2015 at $49.06 per share1. Since then, WRK stock declined a -31.50%, with a yearly average of -7.90%.
1: Adjusted price after possible price splits or reverse-splits.
Westrock stock historical price chart
WRK stock reached 52-week highs on September at $54.62, and all-time highs 2018-01-26 with a price of 66.82.
Westrock stock price target is $41.60Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' WRK stock price predictions in the hope that they will be met as they may be wrong and not met. We detected 7 price forecasts for Westrock stock posted in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-6-24||UBS Group||Set Price Target||n/a||$44.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareWestrock reported slightly good results for 2018-Q4 on January. Westrock gained Earnings per Share (EPS) by 3.70%, beating analysts consensus of $0.80. Westrock posted $0.83.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a great gain of 9.59% to $16,285.10 M dollars. However, its income margin (compared to revenues) rose to 11.70%, that is $1,906.10 million. Westrock presents anual results in September, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Westrock TTM sales up to December 2018 were $16,718.50 and income $910.10 M USD. If we compare this TTM figures with the last reported annuality, we can esteem Westrock business evolution since September 2018: Annual sales up to December, compared to lastest yearly report, gained a tiny 2.66%. Instead, profit margin (net income/revenues) slipped at 11.70%.
|2013||$9,550 M||-||$727 M7.6%||-|
|2014||$9,895 M||3.61%||$480 M4.8%||-34.03%|
|2015||$11,381 M||15.02%||$507 M4.5%||5.71%|
|2016||$14,172 M||24.52%||$-396.30 M-2.8%||-178.15%|
|2017||$14,860 M||4.85%||$708 M4.8%||-278.70%|
|2018||$16,285 M||9.59%||$1,906 M11.7%||169.15%|
|TTM||$16,719 M||2.66%||$910 M5.4%||-52.25%|
Quarterly financial resultsWestrock reported $4,327.40 M in sales for 2018-Q4, a 2.14% up compared to previous quarter. Reported quarter earnings marked $139.10 M with a profit margin of 3.21%. Profit margin depreciated a -3.39% compared to previous quarter when profit margin was 6.60%. When comparing sales to same quarter last year, Westrock sales marked a superb growth and rocketed a 11.13%. Looking back to recent quarterly results, Westrock posted 4 negative quarters in a row.
|2017-Q1||$3,660 M||-||$103 M2.8%||-|
|2017-Q2||$3,700 M||1.09%||$328 M8.9%||218.14%|
|2017-Q3||$4,061 M||9.75%||$196 M4.8%||-40.21%|
|2017-Q4||$3,894 M||-4.10%||$1,135 M29.1%||478.84%|
|2018-Q1||$4,017 M||3.16%||$223 M5.6%||-80.34%|
|2018-Q2||$4,138 M||3.00%||$268 M6.5%||20.16%|
|2018-Q3||$4,237 M||2.40%||$280 M6.6%||4.25%|
|2018-Q4||$4,327 M||2.14%||$139 M3.2%||-50.25%|
Westrock ownershipWhen you are planning to invest in a stock, it's worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Westrock, 1.36% of all outstanding shares are owned by its staff.
Bearish positions for WRK stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Westrock:
|Market cap||$0.0 M||$269.3 M||$3.9 B||$15.5 B||$9.6 B|
|Total shares||0.0 M||16.5 M||295.3 M||397.3 M||94.5 M|
|Float shares||253.5 M||16.2 M||275.3 M||386.4 M||92.5 M|
|- Institutional holdings (%)||90.1%||89.5%||118.9%||83.5%||89.6%|
|- Insider holdings (%)||1.4%||3.0%||0.8%||0.3%||1.2%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Thursday, August 22nd, 2019|
|Day range||$33.40 - $33.91|
|Average true range||$1.12|
|50d mov avg||$35.39|
|100d mov avg||$35.78|
|200d mov avg||$37.65|
Westrock performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We selected Clearwater Paper, Graphic Packaging, International Paper and as the bechmarking frame for Westrock stock.
Westrock competitorsWe selected a few stocks to conform a list of Westrock competitors to check if you are interested in investing in WRK:
Latest Westrock stock news
- Seeking AlphaBest Two Ideas For Total Return In The Next 12 Months - WestRock And OlinMay 21, 2019
- Seeking AlphaWestRock - A Smart Value PlayMay 3, 2019
- InvestorPlace3 Big Stock Charts for Tuesday: Westrock, Cabot Oil & Gas and Principal Financial GroupApril 9, 2019
- InvestorPlace3 Big Stock Charts for Wednesday: Brown-Forman, Westrock and Fifth ThirdMarch 13, 2019
- Seeking AlphaNow Is An Attractive Time To Purchase WestRockMarch 8, 2019