WestRock Company (NYSE: WRK) has reported E.P.S. of $0.06 for its second fiscal quarter (ending March 31) versus $-7.85 for the same period a year ago. Relative to the consensus estimate of $0.66, this was a shortfall of $-0.60. For the latest four quarters through March 31, E.P.S. were $1.19 compared to $-4.86 a year ago.
Recent Price Action
WestRock Company (NYSE: WRK) stock closed at $51.11 on 5/2/24 after a very large increase of 6.7%. Moreover, trading volume in this advance was exceptionally high at 205% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 7.6% during the last week.
Current PriceTarget Research Rating
WRK is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
WestRock has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. WestRock has a slightly positive Appreciation Score of 62 and a very high Power Rating of 91, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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