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Wednesday, September 27, 2023

What Are The Chances Of WestRock Company (NYSE: WRK) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for WestRock Company (WRK) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.03%, to $36.55. The WestRock Company has recorded 283,625 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Statement re Smurfit Kappa and WestRock Announce Transaction to Create a Global Leader in Sustainable Packaging.

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Stocks Info

As a NYSE listed company, WRK falls under the Consumer Cyclical sector while operating within the Packaging & Containers industry segment. At the end of the last regular session, the stock closed at $36.54 and fluctuated between $36.95 as its day high and $36.45 as its day low. The current market capitalization of WestRock Company is $9.44B. A total of 4.12 million shares were traded on the day, compared to an average of 2.96M shares.

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, WRK has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 1,293 shares. Over the last 12 months, there were 25 BUYs and 22 SELLs from insiders. Insiders purchased 252,315 shares during that period but sold 135,646.

In the most recent transaction, Kivits Patrick M. sold 4,000 shares of WRK for 27.38 per share on Mar 15. After the transaction, the President, Corrugated Pkg now owns 42,132 company shares. In a previous transaction on Dec 12, RUSSELL CURREY M sold 55,000 shares at 36.51 per share. WRK shares that Director owns now total 245,271.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. WRK’s most recent ex-dividend date was 8/9/2023 when it declared a $0.2750 quarterly dividend that was paid in cash on 8/24/2023. Previously, the company paid the dividend on 5/25/2023 with an ex-dividend date of 5/10/2023. The WRK stock dividend was $0.2750 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for WRK in the last 3 months, the mean price target is $38.07 with high estimates of $45.00 and low estimates of $32.50. In terms of 52-week highs and lows, WRK has a high of $39.30 and a low of $26.84.

As of this writing, WRK has an earnings estimate of $0.74 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.79 per share and a lower estimate of $0.69. The company reported an EPS of $0.77 in the last quarter, which was 57.10% higher than expectations of $0.49.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. WRK’s latest balance sheet shows that the firm has $290.90M in Cash & Short Term Investments as of fiscal 2021. There were $8.19B in debt and $3.64B in liabilities at the time. Its Book Value Per Share was $39.05, while its Total Shareholder’s Equity was $11.69B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WRK is Buy with a score of 4.14.

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