Growth Story Still Intact For Smurfit WestRock plc (SW)

Smurfit WestRock plc (SW) concluded trading on Thursday at a closing price of $53.45, with 4.06 million shares of worth about $217.01 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 9.37% during that period and on December 12, 2024 the price saw a loss of about -0.06%. Currently the company’s common shares owned by public are about 520.06M shares, out of which, 253.76M shares are available for trading.

Stock saw a price change of -2.41% in past 5 days and over the past one month there was a price change of 5.51%. Year-to-date (YTD), SW shares are showing a performance of 30.97% which increased to 36.18% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $35.42 but also hit the highest price of $56.99 during that period. The average intraday trading volume for Smurfit WestRock plc shares is 3.95 million. The stock is currently trading -1.73% below its 20-day simple moving average (SMA20), while that difference is up 6.03% for SMA50 and it goes to 21.13% higher than SMA200.

The stock has a current market capitalization of $27.72B and its 3Y-monthly beta is at 1.03. PE ratio of stock for trailing 12 months is 16.96, while it has posted earnings per share of $3.15 in the same period. Its PEG reads 3.39 and has Quick Ratio of 0.98 while making debt-to-equity ratio of 0.83. 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 1.74% while standing at 2.36% over the month.

Stock’s fiscal year EPS is expected to drop by -34.05% while it is estimated to increase by 46.29% 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 Argus on December 05, 2024 offering a Buy rating for the stock and assigned a target price of $62 to it. Coverage by RBC Capital Mkts stated Smurfit WestRock plc (SW) stock as an Outperform in their note to investors on October 31, 2024, suggesting a price target of $58 for the stock. On October 23, 2024, Citigroup Initiated their recommendations, while on August 23, 2024, Redburn Atlantic Initiated their ratings for the stock with a price target of $60. Stock get a Hold rating from Jefferies on July 29, 2024.

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