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NYSE:WRK

Westrock Stock Forecast, Price & News

$36.21
-1.43 (-3.80 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$35.66
Now: $36.21▼
$39.24
50-Day Range
$26.86
MA: $30.78▼
$37.64
52-Week Range
$21.50
Now: $36.21▼
$44.39
Volume10.27 million shs
Average Volume2.95 million shs
Market Capitalization$9.40 billion
P/E Ratio12.11
Dividend Yield2.13%
Beta1.51
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.
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Beat the Market (BTM) Rank™

Analyst Opinion: 1.2Community Rank: 2.7Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

2.46 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
Webwww.westrock.com
Phone770-448-2193

Debt

Debt-to-Equity Ratio0.84
Current Ratio1.80
Quick Ratio1.03

Price-To-Earnings

Trailing P/E Ratio12.11
Forward P/E Ratio13.82
P/E GrowthN/A

Sales & Book Value

Annual Sales$18.29 billion
Price / Sales0.51
Cash Flow$11.01 per share
Price / Cash Flow3.29
Book Value$45.46 per share
Price / Book0.80

Profitability

EPS (Most Recent Fiscal Year)$3.98
Net Income$862.90 million
Net Margins4.37%
Return on Equity7.24%
Return on Assets2.77%

Miscellaneous

Employees51,100
Outstanding Shares259,636,000
Market Cap$9.40 billion
Next Earnings Date11/5/2020 (Estimated)
OptionableOptionable
$36.21
-1.43 (-3.80 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Westrock (NYSE:WRK) Frequently Asked Questions

How has Westrock's stock price been impacted by COVID-19?

Westrock's stock was trading at $26.23 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WRK stock has increased by 38.0% and is now trading at $36.21.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Westrock?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westrock in the last year. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Westrock.

When is Westrock's next earnings date?

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

How were Westrock's earnings last quarter?

Westrock Co (NYSE:WRK) posted its quarterly earnings results on Tuesday, August, 4th. The basic materials company reported $0.76 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.44 by $0.32. The basic materials company earned $4.24 billion during the quarter, compared to analysts' expectations of $4.27 billion. Westrock had a return on equity of 7.24% and a net margin of 4.37%. The firm's revenue for the quarter was down 9.7% on a year-over-year basis. During the same period last year, the company earned $1.11 earnings per share.
View Westrock's earnings history.

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

Westrock declared a quarterly dividend on Thursday, July 30th. Stockholders of record on Friday, August 14th will be paid a dividend of $0.20 per share on Tuesday, August 25th. This represents a $0.80 annualized dividend and a yield of 2.21%. The ex-dividend date is Thursday, August 13th.
View Westrock's dividend history.

What price target have analysts set for WRK?

11 analysts have issued 1-year target prices for Westrock's shares. Their forecasts range from $23.00 to $48.00. On average, they expect Westrock's share price to reach $36.80 in the next twelve months. This suggests a possible upside of 1.6% 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, "WestRock’s third-quarter fiscal 2020 earnings beat the Zacks Consensus Estimate, while sales missed the same. Both bottom- and top-line figures declined year on year. Strong demand for e-commerce amid the coronavirus-induced crisis is aiding the company. WestRock’s consumer packaging business is gaining from sustainable packaging options as well as significant demand in food, food service, and beverage packaging categories. Corrugated packaging business is poised to gain from improved box shipment as well as increased demand from distribution, industrial and agricultural customers as the economy gradually recovers. Moreover, the company is taking steps to align supply with demand and framed a Pandemic Action Plan to drive savings. Acquisitions and investments backed by a solid balance sheet will aid growth." (8/6/2020)
  • 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)

Are investors shorting Westrock?

Westrock saw a decline in short interest during the month of August. As of August 14th, there was short interest totaling 4,240,000 shares, a decline of 12.9% from the July 30th total of 4,870,000 shares. Based on an average daily trading volume, of 2,640,000 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.7% of the shares of the stock are short sold.
View Westrock's Short Interest.

Who are some of Westrock's key competitors?

Some companies that are related to Westrock include Packaging Corp Of America (PKG), Sonoco Products (SON), Graphic Packaging (GPK), Greif (GEF.B) and Document Security Systems (DSS).
View all competitors.

What other stocks do shareholders of Westrock own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Westrock investors own include AT&T (T), AbbVie (ABBV), Verizon Communications (VZ), CVS Health (CVS), Cisco Systems (CSCO), QUALCOMM (QCOM), Micron Technology (MU), Pfizer (PFE), Gilead Sciences (GILD) and Walt Disney (DIS).

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."

Who are Westrock's major shareholders?

Westrock's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.39%), FMR LLC (3.04%), LSV Asset Management (2.26%), Russell Investments Group Ltd. (1.18%), Bank of New York Mellon Corp (1.13%) and Prudential PLC (1.11%). Company insiders that own Westrock stock include Currey M Russell, James B Porter, James E Nevels, John A Luke Jr, Robert A Feeser and Ward H Dickson.
View institutional ownership trends for Westrock.

Which institutional investors are selling Westrock stock?

WRK stock was sold by a variety of institutional investors in the last quarter, including Raymond James & Associates, Vanguard Group Inc., Raymond James Financial Services Advisors Inc., Goldman Sachs Group Inc., Marshall Wace LLP, Clark Estates Inc. NY, Two Sigma Advisers LP, and Sunbelt Securities Inc.. Company insiders that have sold Westrock company stock in the last year include James B Porter, and John A Luke Jr.
View insider buying and selling activity for Westrock.

Which institutional investors are buying Westrock stock?

WRK stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Russell Investments Group Ltd., AQR Capital Management LLC, Marshall Wace North America L.P., Nordea Investment Management AB, Waratah Capital Advisors Ltd., Waratah Capital Advisors Ltd., and Prudential PLC. Company insiders that have bought Westrock stock in the last two years include Currey M Russell, James E Nevels, and Ward H Dickson.
View insider buying and selling activity for Westrock.

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 $36.21.

How big of a company is Westrock?

Westrock has a market capitalization of $9.40 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.

What is Westrock's official website?

The official website for Westrock is 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 9/20/2020 by MarketBeat.com Staff
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