Press coverage about WestRock (NYSE:WRK) has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. WestRock earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned headlines about the basic materials company an impact score of 45.4890759625606 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Patten & Patten Inc Buys KeyCorp, Texas Instruments Inc, UnitedHealth Group Inc, Sells General Electric Co, The … – GuruFocus.com (gurufocus.com)
- The Charts For Mueller Water Products, Inc. (MWA) Regains Attentions on Diverse Figures- WestRock Company (WRK) – Investing News Update (investingbizz.com)
- Active Momentum Stocks on Ration Analysis: WestRock Company (NYSE:WRK), Service Corporation International … – Investing News Update (investingbizz.com)
- WestRock Named to FORTUNE’s List of World’s Most Admired Companies (finance.yahoo.com)
- WestRock Names James Armstrong Vice President – Investor Relations (finance.yahoo.com)
Several equities research analysts recently issued reports on the company. Stephens set a $72.00 price objective on WestRock and gave the company a “hold” rating in a research note on Wednesday, January 10th. Deutsche Bank set a $70.00 price target on WestRock and gave the company a “buy” rating in a research report on Thursday, December 14th. BMO Capital Markets raised their price target on WestRock to $68.00 and gave the company an “outperform” rating in a research report on Tuesday, December 12th. Barclays restated a “hold” rating on shares of WestRock in a research report on Friday, November 10th. Finally, Zacks Investment Research downgraded WestRock from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 7th. Five research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $67.09.
WestRock (WRK) traded down $0.38 on Monday, hitting $68.78. The stock had a trading volume of 1,413,300 shares, compared to its average volume of 1,809,929. The stock has a market capitalization of $17,520.00 and a P/E ratio of 24.83. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.89 and a current ratio of 1.49. WestRock has a 1 year low of $49.23 and a 1 year high of $69.97.
WestRock (NYSE:WRK) last released its quarterly earnings data on Thursday, November 2nd. The basic materials company reported $0.87 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.81 by $0.06. The firm had revenue of $4.06 billion for the quarter, compared to the consensus estimate of $4.13 billion. WestRock had a return on equity of 6.73% and a net margin of 4.77%. The company’s quarterly revenue was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.71 earnings per share. analysts expect that WestRock will post 3.79 earnings per share for the current year.
In related news, insider Robert A. Feeser sold 29,972 shares of the business’s stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $60.00, for a total transaction of $1,798,320.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John A. Luke, Jr. sold 10,343 shares of the business’s stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $60.70, for a total value of $627,820.10. Following the transaction, the director now owns 497,557 shares in the company, valued at approximately $30,201,709.90. The disclosure for this sale can be found here. In the last quarter, insiders sold 130,759 shares of company stock worth $7,950,385. Company insiders own 2.20% of the company’s stock.
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WestRock Company, incorporated on March 6, 2015, is a multinational provider of paper and packaging solutions for consumer and corrugated packaging markets. The Company also develops real estate in the Charleston, South Carolina region. The Company’s segments include Corrugated Packaging, Consumer Packaging, and Land and Development.
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