WestRock Co (WRK) Stock Forecast & Predictions

WestRock Co WRK: $52.5

1000 Abernathy Rd, Atlanta, Georgia, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: https://www.westrock.com/

  • Market Cap$14.15B
  • Change (52 Weeks)93.27%
  • Low (52 Weeks)$22.66
  • WestRock Co (WRK) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, WestRock Co (WRK) stock price is $52.5 and the 52 weeks low is $22.66, which means the WestRock Co stock price is up 93.27% in the last 12 months.

    WestRock Co (WRK) Stock Price has been Trending Strongly with an ADX reading of 33.49 as per the Weekly Chart.

    A Upward trend indicates that WestRock Co (WRK) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that WRK Stock price might rise further, 18.75% indicating that WRK Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall WRK stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    WestRock Co (WRK) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for WestRock Co (WRK) is based on 19 Institutional Analyst Ratings where 42.11% are on Strong Buy, 26.32% on Moderate Buy, 26.32% remains on Hold, 0.00% are on Moderate Sell and 5.26% are on Strong Sell.

    Out of 19 Institutional Analysts, majority recommended WRK stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of WestRock Co.

    WestRock Co (WRK) Stock Price Prediction By Analysts


    HighLowAverage
    $73.50$40.40$58.07
    $58.0710.6% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for WRK set by the institutional analysts is $58.07 where High Estimate is $73.50, Median $60.18 and Low $40.40.

    The average price target for WRK by Institutional Analysts is $58.07, which is 10.6% Upside from the current price. So according to the Institutional Analysts, WRK Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    WestRock Co (WRK) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    KeybancUnderweightMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    BMO CapitalOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    BMO CapitalOutperformUpgraded
    B of A SecuritiesBuyMaintained
    Wells FargoOverweightMaintained
    CitigroupBuyMaintained
    Morgan StanleyEqual-WeightInitiated
    Deutsche BankHoldMaintained
    KeyBancUnderweightMaintained
    BMO CapitalMarket PerformMaintained
    Wells FargoOverweightMaintained
    KeyBancUnderweightMaintained
    CitigroupBuyUpgraded
    Wells FargoOverweightUpgraded
    Exane BNP ParibasOutperformInitiated
    Bank of AmericaBuyUpgraded
    Credit SuisseOutperformMaintained
    CitigroupNeutralMaintained
    KeyBancUnderweightDowngraded
    UBSBuyInitiated
    Deutsche BankHoldDowngraded
    CitigroupNeutralDowngraded
    BarclaysNeutralDowngraded
    Goldman SachsNeutralDowngraded
    Wells FargoMarket PerformMaintained
    Seaport GlobalBuyInitiated
    CitigroupBuyMaintained
    Wells FargoMarket PerformMaintained
    BMO CapitalMarket PerformDowngraded
    BarclaysEqual-WeightMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    BarclaysEqual-WeightMaintained
    CitigroupBuyMaintained
    Bank of AmericaBuyMaintained
    BarclaysEqual-WeightMaintained
    Stephens & Co.Equal-WeightInitiated
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    RBC CapitalOutperformUpgraded
    Goldman SachsBuyUpgraded
    Wells FargoOutperformUpgraded
    Bank of AmericaBuyUpgraded
    Deutsche BankBuyMaintained
    Goldman SachsNeutralInitiated
    CLSAUnderperformMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    BarclaysEqual-WeightMaintained
    JefferiesBuyMaintained
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    Wells FargoMarket PerformDowngraded
    BMO CapitalOutperformMaintained
    JefferiesBuyMaintained
    Bank of AmericaNeutralDowngraded
    BarclaysEqual-WeightDowngraded
    Cantor FitzgeraldBuyInitiated
    Deutsche BankBuyMaintained
    MacquarieNeutralInitiated
    BarclaysOverweightMaintained
    DA DavidsonBuyUpgraded
    KeyBancSector WeightDowngraded
    Longbow ResearchBuyUpgraded
    Buckingham ResearchBuyUpgraded
    Wells FargoOutperformUpgraded
    CLSAUnderperformInitiated
    Bank of AmericaBuyInitiated
    Deutsche BankBuyInitiated
    Deutsche BankBuyInitiated
    CitigroupBuyInitiated
    BMO CapitalOutperformInitiated

    WestRock Co (WRK) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.966
    The average consensus EPS for WRK is $0.966 with a high estimate of $1.250 and Low of $0.725 for the period 2021-06-30 and based on 14 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.73$0.68524462020-09-30


    The latest average Earning Per Share Estimate for WestRock Co is $0.97, which is higher than WRK's last EPS, $0.73. This means that Analysts are expecting WestRock Co to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of WestRock Co.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.73$0.68524462020-09-30
    $0.76$0.44709672020-06-30
    $0.67$0.61441332020-03-31
    $0.58$0.59543542019-12-31
    $1.24$1.20484922019-09-30
    $1.11$1.01815072019-06-30
    $0.8$0.61229232019-03-31
    $0.83$0.79681932018-12-31
    $1.29$1.25659152018-09-30
    $1.09$1.07081210000000022018-06-30
    $0.83$0.84869292018-03-31
    $0.87$0.77540732017-12-31
    $0.87$0.80813132017-09-30
    $0.74$0.64592532017-06-30
    $0.54$0.465612017-03-31
    $0.47$0.459731799999999972016-12-31
    $0.71$0.63617882016-09-30
    $0.71$0.66956942016-06-30
    $0.61$0.53788560000000012016-03-31
    $0.59$0.58605250000000012015-12-31
    $0.93$0.95584382015-09-30
    $1.15$1.03836080000000022015-06-30
    $0.85$0.743362015-03-31
    $0.96$0.90666689999999992014-12-31
    $1.31$1.06153022014-09-30
    $1.97$1.82189860000000012014-06-30
    $1.27$1.52481722014-03-31
    $1.66$1.74968362013-12-31
    $2.66$2.48698362013-09-30
    $2.16$1.67910482013-06-30
    $1.12$1.03411882013-03-31
    $1.35$1.28425542012-12-31
    $1.39$1.39068922012-09-30
    $0.95$1.025152012-06-30
    $0.97$0.8777912012-03-31
    $1.18$1.41022262011-12-31
    $1.7$1.57127722011-09-30
    $1.29$1.216042011-06-30
    $1.04$1.2700752011-03-31
    $1.28$1.18844682010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).