In yesterday’s Wall Street session, Smurfit WestRock plc (NYSE:SW) shares traded at $56.37, up 1.20% from the previous session.
SW stock price is now 16.26% away from the 50-day moving average and 30.94% away from the 200-day moving average. The market capitalization of the company currently stands at $29.23B.
With the price target enhanced from $52 to $58, RBC Capital Mkts Upgraded its rating from Sector Perform to Outperform for Smurfit WestRock plc (NYSE: SW). On October 23, 2024, Citigroup recently initiated its ‘Buy’ rating on the stock quoting a target price of $57, while ‘Redburn Atlantic’ rates the stock as ‘Buy’
A total of 2.10% of the company’s stock is owned by insiders.
During the past 12 months, Smurfit WestRock plc has had a low of $32.56 and a high of $55.80. As of last week, the company has a debt-to-equity ratio of 0.83, a current ratio of 1.48, and a quick ratio of 0.98. According to the stock market information, the enterprise value for the company is $43213340672, which is based on a 23.43 price-to-earnings ratio, a 4.69 price-to-earnings-growth ratio, and a beta of 1.03. The fifty day moving average price for SW is $48.2488 and a two-hundred day moving average price translates $46.619072 for the stock.
The latest earnings results from Smurfit WestRock plc (NYSE: SW) was released for 2024-09-30. The net profit margin was 5.33% and return on equity was 10.67% for SW. The company reported revenue of $7.67 billion for the quarter, compared to $2.92 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 163.16 percent. For the current quarter, analysts expect SW to generate $7.21B in revenue.
