Media stories about WestRock (NYSE:WRK) have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. WestRock earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave media headlines about the basic materials company an impact score of 46.8752845267703 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
Several analysts recently weighed in on the company. KeyCorp restated a “hold” rating on shares of WestRock in a report on Friday, April 27th. Zacks Investment Research upgraded WestRock from a “hold” rating to a “strong-buy” rating and set a $74.00 price target on the stock in a report on Saturday, April 7th. ValuEngine lowered WestRock from a “buy” rating to a “hold” rating in a report on Wednesday, March 7th. Finally, Citigroup decreased their price target on WestRock from $83.00 to $80.00 and set a “buy” rating on the stock in a report on Thursday, April 5th. Six analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $75.90.
WRK stock opened at $57.97 on Monday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.80 and a current ratio of 1.37. WestRock has a twelve month low of $54.05 and a twelve month high of $71.55. The firm has a market capitalization of $14.73 billion, a price-to-earnings ratio of 22.13, a price-to-earnings-growth ratio of 1.07 and a beta of 1.39.
WestRock (NYSE:WRK) last released its earnings results on Friday, April 27th. The basic materials company reported $0.83 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.83. WestRock had a return on equity of 7.84% and a net margin of 12.01%. The business had revenue of $4.02 billion for the quarter, compared to analyst estimates of $4.10 billion. During the same quarter last year, the firm posted $0.54 earnings per share. The business’s revenue was up 9.9% compared to the same quarter last year. sell-side analysts predict that WestRock will post 4.04 earnings per share for the current fiscal year.
WestRock Company Profile
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.
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