Shares of Smurfit Westrock PLC (NYSE:SW – Get Free Report) have received an average recommendation of “Moderate Buy” from the thirteen ratings firms that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $55.54.
A number of research firms have weighed in on SW. Barclays boosted their target price on shares of Smurfit Westrock from $52.00 to $56.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Morgan Stanley raised their price target on shares of Smurfit Westrock from $57.00 to $58.00 and gave the stock an “overweight” rating in a research note on Thursday, August 27th. Loop Capital set a $71.00 price target on shares of Smurfit Westrock in a report on Tuesday, July 28th. Wells Fargo & Company upped their price objective on Smurfit Westrock from $52.00 to $55.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. Finally, Royal Bank Of Canada dropped their price objective on Smurfit Westrock from $60.00 to $55.00 and set an “outperform” rating on the stock in a research note on Friday, October 16th.
Read Our Latest Analysis on Smurfit Westrock
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. Concurrent Investment Advisors LLC raised its stake in Smurfit Westrock by 0.3% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 140,975 shares of the company’s stock valued at $6,522,000 after acquiring an additional 416 shares during the period. Sound Income Strategies LLC boosted its position in Smurfit Westrock by 0.3% during the third quarter. Sound Income Strategies LLC now owns 135,584 shares of the company’s stock worth $5,620,000 after purchasing an additional 423 shares during the period. Allspring Global Investments Holdings LLC boosted its position in Smurfit Westrock by 2.3% during the first quarter. Allspring Global Investments Holdings LLC now owns 21,632 shares of the company’s stock worth $868,000 after purchasing an additional 495 shares during the period. Root Financial Partners LLC boosted its position in Smurfit Westrock by 187.6% during the first quarter. Root Financial Partners LLC now owns 768 shares of the company’s stock worth $31,000 after purchasing an additional 501 shares during the period. Finally, Patton Fund Management Inc. increased its stake in shares of Smurfit Westrock by 8.2% in the first quarter. Patton Fund Management Inc. now owns 6,603 shares of the company’s stock worth $263,000 after purchasing an additional 502 shares in the last quarter. Institutional investors own 83.38% of the company’s stock.
Smurfit Westrock Stock Up 1.2%
SW stock opened at $43.06 on Tuesday. The stock’s fifty day simple moving average is $44.02 and its two-hundred day simple moving average is $43.50. The company has a current ratio of 1.48, a quick ratio of 0.96 and a debt-to-equity ratio of 0.73. Smurfit Westrock has a 1-year low of $32.73 and a 1-year high of $52.65. The stock has a market cap of $22.59 billion, a P/E ratio of 48.38, a P/E/G ratio of 1.61 and a beta of 0.96.
Smurfit Westrock (NYSE:SW – Get Free Report) last announced its earnings results on Wednesday, October 28th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.15). Smurfit Westrock had a net margin of 1.50% and a return on equity of 4.27%. The business had revenue of $8.16 billion for the quarter, compared to analysts’ expectations of $8.29 billion. During the same period in the prior year, the business earned $0.58 earnings per share. The company’s revenue for the quarter was up 2.0% compared to the same quarter last year. Analysts expect that Smurfit Westrock will post 1.71 EPS for the current year.
Smurfit Westrock Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Friday, November 13th will be paid a $0.4523 dividend. The ex-dividend date is Friday, November 13th. This represents a $1.81 annualized dividend and a dividend yield of 4.2%. Smurfit Westrock’s payout ratio is presently 203.37%.
Smurfit Westrock Company Profile
Smurfit Westrock plc (NYSE:SW) is a global provider of sustainable paper and packaging solutions. The company produces containerboard, corrugated packaging, folding cartons, paper bags, displays and other packaging products designed for consumer, retail, industrial and e-commerce applications. It also provides packaging design, supply-chain support and recycling services.
Smurfit Westrock was formed in July 2024 through the combination of Smurfit Kappa Group and WestRock. The transaction brought together two established packaging businesses with roots in Europe and North America.
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