Analyst Expects Westrock Coffee Company (NASDAQ: WEST) To Make Big Moves

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. Earlier, Yahoo Finance discussed this stock as it revealed Westrock Coffee Provides Business Announcements, Update on Preliminary 2023 Full Year Results, and Initial 2024 Outlook.

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Stocks Info

As a NASDAQ listed company, WEST falls under the Consumer Defensive sector while operating within the Packaged Foods industry segment. At the end of the last regular session, the stock closed at $10.91 and fluctuated between $11.21 as its day high and $10.27 as its day low. The current market capitalization of Westrock Coffee Company is $960.52M. A total of 0.3 million shares were traded on the day, compared to an average of 229.20K shares.

Insider Activity

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, WEST has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 0 BUYs and 0 SELLs from insiders. Insiders purchased 0 shares during that period but sold 0.

In the most recent transaction, FORD JOE T bought 10,000 shares of WEST for 9.59 per share on Dec 11. After the transaction, the Director now owns 230,922 company shares. In a previous transaction on Nov 30, FORD JOE T bought 10,000 shares at 9.25 per share. WEST shares that Director owns now total 220,992.

Among the insiders who bought shares, FORD JOE T acquired of 10,000 shares on Nov 29 at a per-share price of $9.40. This resulted in the Director holding 210,992 shares of WEST after the transaction. In another insider transaction, FORD JOE T bought 10,000 shares at $9.30 per share on Nov 28. Company shares held by the Director now total 200,922.

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 WEST in the last 3 months, the mean price target is $12.00 with high estimates of $13.00 and low estimates of $11.00. In terms of 52-week highs and lows, WEST has a high of $12.90 and a low of $6.88.

As of this writing, WEST has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.04 per share and a lower estimate of -$0.04. The company reported an EPS of -$0.35 in the last quarter, which was -1,650.00% lower than expectations of -$0.02.

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. WEST’s latest balance sheet shows that the firm has $19.34M in Cash & Short Term Investments as of fiscal 2021. There were $337.81M in debt and $168.24M in liabilities at the time. Its Book Value Per Share was $1.43, while its Total Shareholder’s Equity was $105.87M.

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 WEST is Buy with a score of 5.00.

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