Smurfit WestRock plc (SW) concluded trading on Thursday at a closing price of $45.40, with 3.57 million shares of worth about $162.15 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 16.86% during that period and on October 10, 2024 the price saw a loss of about -1.43%. Currently the company’s common shares owned by public are about 258.45M shares, out of which, 253.74M shares are available for trading.
Stock saw a price change of -2.64% in past 5 days and over the past one month there was a price change of 4.30%. Year-to-date (YTD), SW shares are showing a performance of 11.25% which increased to 21.62% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $30.62 but also hit the highest price of $50.60 during that period. The average intraday trading volume for Smurfit WestRock plc shares is 5.67 million. The stock is currently trading -4.25% below its 20-day simple moving average (SMA20), while that difference is up 0.94% for SMA50 and it goes to 10.60% higher than SMA200.
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Smurfit WestRock plc (NYSE: SW) currently have 258.45M outstanding shares and institutions hold larger chunk of about 71.40% of that.
The stock has a current market capitalization of $11.77B and its 3Y-monthly beta is at 1.04. PE ratio of stock for trailing 12 months is 18.87, while it has posted earnings per share of $2.41 in the same period. Its PEG reads 3.77 and has Quick Ratio of 1.92. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SW, volatility over the week remained 1.89% while standing at 2.41% over the month.
Stock’s fiscal year EPS is expected to drop by -27.72% while it is estimated to increase by 48.76% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Redburn Atlantic on August 23, 2024 offering a Buy rating for the stock and assigned a target price of $60 to it. Coverage by Jefferies stated Smurfit WestRock plc (SW) stock as a Hold in their note to investors on July 29, 2024, suggesting a price target of $52 for the stock. On July 19, 2024, Morgan Stanley Initiated their recommendations, while on July 12, 2024, RBC Capital Mkts Initiated their ratings for the stock with a price target of $52. Stock get an Overweight rating from JP Morgan on July 12, 2024.
