WestRock Co (WRK): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NYSE-listed company operates within the Packaging & Containers industry segment, falling under the Consumer Cyclical sector. The current market capitalization of WestRock Co is $13.30B. A total of 11.86 million shares were traded on the day, compared to an average of 2.93M shares.

In the most recent transaction, Singleton Denise R sold 9,700 shares of WRK for 51.46 per share on May 03 ’24. After the transaction, the EVP, General Counsel & Sec. now owns 74,946 company shares. In a previous transaction on May 03 ’24, O’Neal John L sold 6,965 shares at 51.47 per share. WRK shares that President, Global Paper owns now total 60,491.

Among the insiders who sold shares, Kivits Patrick M. disposed of 6,000 shares on May 03 ’24 at a per-share price of $51.44. This resulted in the President, Corrugated Pkg holding 51,502 shares of WRK after the transaction. In another insider transaction, Lostetter Vicki L sold 3,500 shares at $42.77 per share on Feb 12 ’24. Company shares held by the Chief Human Resources Officer now total 92,117.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. WestRock Co pays an annual dividend of $1.18, resulting in a dividend yield of 2.30%, and it has a price to earnings (P/E) ratio of 43.49. WRK’s most recent ex-dividend date was 5/13/2024 when it declared a $0.3025 quarterly dividend that was paid in cash on 5/22/2024. Previously, the company paid the dividend on 2/21/2024 with an ex-dividend date of 2/8/2024. The WRK stock dividend was $0.3025 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, WRK has a high of $54.83 and a low of $27.86.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. WRK’s latest balance sheet shows that the firm has $290.90M in Cash & Short Term Investments as of fiscal 2021. There were $8.19B in debt and $3.64B in liabilities at the time. Its Book Value Per Share was $39.00, while its Total Shareholder’s Equity was $11.69B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WRK is Buy with a score of 3.75.

Most Popular

Related Posts