NYSE:WRKWestrock Stock Price, Forecast & News

$25.68

-1.11 (-4.14 %)

(As of 04/5/2020 08:34 AM ET)

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Today's Range

$25.46

Now: $25.68▼

$27.64

50-Day Range

$22.08

MA: $31.57▼

$41.94

52-Week Range

$21.50

Now: $25.68▼

$44.39

Volume2.68 million shs

Average Volume4.00 million shs

Market Capitalization$6.64 billion

P/E Ratio7.71

Dividend Yield6.94%

Beta1.62

WestRock Company manufactures and sells paper and packaging solutions for the consumer and corrugated markets in North America, South America, Europe, Australia, and Asia. The company operates through three segments: Corrugated Packaging, Consumer Packaging, and Land and Development. The Corrugated Packaging segment produces containerboards, corrugated sheets, corrugated packaging, and preprinted linerboards for consumer and industrial products manufacturers, and corrugated box manufacturers. This segment also provides structural and graphic design, engineering services, and automated packaging machines; resells recovered paper and other products; and offers recycling services. Its corrugated packaging products are used to provide protective packaging for the shipment and distribution of food, paper, health and beauty, other household, consumer, commercial, and industrial products. The Consumer Packaging segment manufactures and sells folding and beverage cartons, displays, dispensing, interior partitions, inserts, and labels; bleached and recycled paperboards; express mail packages for the overnight courier industry; and secondary packages and paperboard packaging for the healthcare market. This segment also manufactures and sells solid fiber and corrugated partitions and die-cut paperboard components; temporary and permanent point-of-purchase displays for the consumer products and retail markets; and lithographic laminated packaging products, as well as provides contract packing services. The Land and Development segment owns, develops, and sells real estate properties primarily in Charleston, South Carolina. WestRock Company was founded in 2015 and is based in Atlanta, Georgia.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Westrock has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 6 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $43.44, Westrock has a potential upside of 69.2% from its current price of $25.68.
Amount of Analyst Coverage
Westrock has only been the subject of 2 research reports in the past 90 days.

2.7 Community Rank

Outperform Votes
Westrock has received 451 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Westrock has received 373 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Westrock has received 54.73% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Westrock and other stocks. Vote “Outperform” if you believe WRK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WRK will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Westrock is a leading dividend payer. It pays a dividend yield of 6.94%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Westrock has only been increasing its dividend for 4 years.
Dividend Coverage
The dividend payout ratio of Westrock is 46.73 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Westrock will have a dividend payout ratio of 60.59 % next year. This indicates that Westrock will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Westrock insiders have bought more of their company's stock than they have sold. Specifically, they have bought $8,349.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.92% of the stock of Westrock is held by insiders.
Percentage Held by Institutions
82.28% of the stock of Westrock is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Westrock are expected to decrease by -1.60% in the coming year, from $3.12 to $3.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Westrock is 7.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 9.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of Westrock is 7.71, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 10.35.
Price to Book Value per Share Ratio
Westrock has a P/B Ratio of 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

3.04 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Paperboard containers & boxes

Sub-IndustryN/A

SectorBasic Materials

Current SymbolNYSE:WRK

Previous Symbol

CUSIPN/A

CIK1636023

Webhttp://www.westrock.com/

Phone770-448-2193

Debt

Debt-to-Equity Ratio0.81

Current Ratio1.44

Quick Ratio0.80

Price-To-Earnings

Trailing P/E Ratio7.71

Forward P/E Ratio8.23

P/E GrowthN/A

Sales & Book Value

Annual Sales$18.29 billion

Price / Sales0.36

Cash Flow$9.48 per share

Price / Cash Flow2.71

Book Value$45.46 per share

Price / Book0.56

Profitability

EPS (Most Recent Fiscal Year)$3.98

Net Income$862.90 million

Net Margins4.69%

Return on Equity8.23%

Return on Assets3.16%

Miscellaneous

Employees51,100

Outstanding Shares258,460,000

Market Cap$6.64 billion

Next Earnings Date5/5/2020 (Estimated)

OptionableOptionable

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Westrock (NYSE:WRK) Frequently Asked Questions

How has Westrock's stock been impacted by COVID-19 (Coronavirus)?

Westrock's stock was trading at $26.23 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WRK stock has decreased by 2.1% and is now trading at $25.68. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Westrock?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westrock in the last year. There are currently 1 sell rating, 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Westrock.

When is Westrock's next earnings date?

Westrock is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Westrock.

How were Westrock's earnings last quarter?

Westrock Co (NYSE:WRK) announced its quarterly earnings results on Thursday, January, 30th. The basic materials company reported $0.58 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.59 by $0.01. The basic materials company earned $4.42 billion during the quarter, compared to analyst estimates of $4.38 billion. Westrock had a net margin of 4.69% and a return on equity of 8.23%. The company's revenue was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.83 EPS. View Westrock's earnings history.

How often does Westrock pay dividends? What is the dividend yield for Westrock?

Westrock declared a quarterly dividend on Monday, February 3rd. Shareholders of record on Friday, February 14th will be given a dividend of $0.465 per share on Wednesday, February 26th. This represents a $1.86 annualized dividend and a dividend yield of 7.24%. The ex-dividend date of this dividend is Thursday, February 13th. View Westrock's dividend history.

What price target have analysts set for WRK?

9 brokerages have issued twelve-month price objectives for Westrock's shares. Their forecasts range from $27.00 to $52.00. On average, they anticipate Westrock's stock price to reach $43.44 in the next twelve months. This suggests a possible upside of 69.2% from the stock's current price. View analysts' price targets for Westrock.

What are Wall Street analysts saying about Westrock stock?

Here are some recent quotes from research analysts about Westrock stock:

1. According to Zacks Investment Research, "For fiscal 2020, WestRock expects adjusted EBITDA at $3-$3.2 billion. The mid-point reflects a year-over-year fall of 4% thanks to the impact of pricing declines, and ongoing inflation in wages and other cost categories. Consumer Packaging volumes are expected to rise 1% in fiscal 2020. However, this will be offset by lower prices and scheduled maintenance downtime. Earnings estimates for the current quarter and fiscal year have undergone negative revisions lately. Nevertheless, the acquisition of KapStone is likely to generate significant cost synergies and expand paper packaging product offerings in the days ahead. Productivity and performance improvement programs and cost-saving actions will likely continue to boost WestRock’s margins. Focus on lowering debt levels and investment in growth will also drive results, going forward." (3/31/2020)
2. KeyCorp analysts commented, "We’re maintaining our FY19 adj. EBITDA estimate as we were already below the midpoint of guidance, as well as our well below-consensus FY20 adj. EBITDA estimate; we’re raising our FY20 free cash flow estimate on more favorable working capital. WRK will presumably issue FY20 adj. EBITDA and cash flow guidance on its upcoming F4Q19 call. We’re maintaining our FY19 adj. EBITDA estimate of $3.241B (guidance is ~$3.25B at the midpoint) and FY20 estimate of $2.915B (a substantial ~7% below consensus of $3.143B according to Bloomberg). In FY20, WRK should benefit from additional KapStone synergies (we assume $50M-$60M), recent capital projects ($70M of expected EBITDA benefits), and the non-recurrence of costs associated with those capital projects (which totaled $36M in the past two quarters)." (9/23/2019)

Has Westrock been receiving favorable news coverage?

News coverage about WRK stock has been trending very negative this week, according to InfoTrie. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Westrock earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave news articles about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutWestrock.

Who are some of Westrock's key competitors?

Some companies that are related to Westrock include Nutrien (NTR), BHP Group (BHP), Anglo American (NGLOY), GLENCORE PLC/ADR (GLNCY), Southern Copper (SCCO), Franco Nevada (FNV), Koninklijke DSM (RDSMY), FORTESCUE METAL/S (FSUGY), PPG Industries (PPG), Newcrest Mining (NCM), Nutrien (NTR), Wheaton Precious Metals (WPM), CRH (CRH), Anglo American (AAL) and Akzo Nobel (AKZOD).

What other stocks do shareholders of Westrock own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Westrock investors own include AbbVie (ABBV), AT&T (T), Verizon Communications (VZ), CVS Health (CVS), Cisco Systems (CSCO), Micron Technology (MU), QUALCOMM (QCOM), Pfizer (PFE), NVIDIA (NVDA) and Exxon Mobil (XOM).

Who are Westrock's key executives?

Westrock's management team includes the following people:

Mr. Steven C. Voorhees, CEO, Pres & Director (Age 65)
Mr. Ward H. Dickson, Exec. VP & CFO (Age 57)
Mr. James B. Porter III, Pres of Bus. Devel. & Latin America (Age 68)
Mr. Jeffrey Wayne Chalovich, Chief Commercial Officer & Pres of Corrugated Packaging (Age 56)
Mr. Robert A. Feeser, Pres of Consumer Packaging (Age 57)

What is Westrock's stock symbol?

Westrock trades on the New York Stock Exchange (NYSE) under the ticker symbol "WRK."

How do I buy shares of Westrock?

Shares of WRK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Westrock's stock price today?

One share of WRK stock can currently be purchased for approximately $25.68.

How big of a company is Westrock?

Westrock has a market capitalization of $6.64 billion and generates $18.29 billion in revenue each year. The basic materials company earns $862.90 million in net income (profit) each year or $3.98 on an earnings per share basis. Westrock employs 51,100 workers across the globe. View additional information about Westrock.

What is Westrock's official website?

The official website for Westrock is http://www.westrock.com/.

How can I contact Westrock?

Westrock's mailing address is 1000 ABERNATHY ROAD NE, ATLANTA GA, 30328. The basic materials company can be reached via phone at 770-448-2193 or via email at [email protected]

This page was last updated on 4/5/2020 by MarketBeat.com Staff

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NYSE:WRKWestrock Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

3.3 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage

2.7 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment