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 maximum price target given 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. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.79 percent. The average change in earnings estimates over the last 90 days is -2.27 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.01 percent. 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. Over the past month, 3 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
WRK has an estimated earnings growth rate of 241.5 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, 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.