Analyst Ratings for WestRock Co. (WRK)Updated: 2017-07-29
An average rating of Buy has been given to WestRock Co. (NYSE:WRK) by analysts covering the stock. A consensus rating of Buy was previously issued for WRK last month.
A buy rating was issued by 12 analysts, 1 issued an overweight rating, 3 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for WRK by the analysts covering the stock. The highest price target was 68, which equates to a potential upside of 18.63 percent. The most pessimistic analyst gave a price target of 41, which equates to a potential downside of -28.47 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.79 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -2.27 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.01 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.01 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of WRK to grow at a rate of 241.5 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of WRK is 0.33.
In the trailing 52-weeks, WRK hit 60.36 at the highest peak, while it's lowest trading point was 40.63. Currently the stock is 41.08 percent higher than its low, and below the high by 5.04 percent. WRK has a P/E ratio of 80.73. Investors typically compare the P/E ratio to a company's peers in the industry. The WRK value stock report compares WRK to some of its peers using value stock charts. The market cap of WRK is $14.74 billion. WRK is estimated to release their earnings results for the quarter on 0000-00-00, days from today.