Smurfit Westrock PLC (NYSE:SW) Receives Consensus Rating of “Moderate Buy” from Analysts

Smurfit Westrock PLC (NYSE:SW) has received a consensus recommendation of “Moderate Buy” from the thirteen research firms that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $54.8333.

Several brokerages have recently issued reports on SW. The Goldman Sachs Group initiated coverage on shares of Smurfit Westrock in a research report on Tuesday, March 24th. They set a “buy” rating and a $49.00 target price on the stock. Morgan Stanley reissued an “overweight” rating and set a $57.00 price objective on shares of Smurfit Westrock in a research note on Wednesday, May 6th. UBS Group decreased their price objective on Smurfit Westrock from $60.00 to $56.00 and set a “buy” rating on the stock in a research report on Monday, April 13th. Wells Fargo & Company raised their price objective on Smurfit Westrock from $50.00 to $52.00 and gave the company an “overweight” rating in a research note on Thursday, July 9th. Finally, Royal Bank Of Canada lifted their target price on Smurfit Westrock from $53.00 to $56.00 and gave the stock an “outperform” rating in a report on Friday.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. CYBER HORNET ETFs LLC purchased a new stake in shares of Smurfit Westrock in the second quarter valued at $29,000. DV Equities LLC bought a new position in shares of Smurfit Westrock during the fourth quarter valued at approximately $28,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Smurfit Westrock during the fourth quarter valued at approximately $28,000. Root Financial Partners LLC raised its holdings in shares of Smurfit Westrock by 187.6% in the first quarter. Root Financial Partners LLC now owns 768 shares of the company’s stock worth $31,000 after buying an additional 501 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Smurfit Westrock in the fourth quarter worth approximately $31,000. Institutional investors own 83.38% of the company’s stock.

Smurfit Westrock Price Performance

Smurfit Westrock stock opened at $44.39 on Friday. The company has a market cap of $23.28 billion, a price-to-earnings ratio of 61.66, a PEG ratio of 0.73 and a beta of 0.95. The firm’s fifty day moving average is $42.42 and its 200 day moving average is $42.40. The company has a quick ratio of 0.95, a current ratio of 1.44 and a debt-to-equity ratio of 0.73. Smurfit Westrock has a 52-week low of $32.73 and a 52-week high of $52.65.

Smurfit Westrock (NYSE:SW) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.03). Smurfit Westrock had a net margin of 1.22% and a return on equity of 4.96%. The business had revenue of $7.71 billion for the quarter, compared to the consensus estimate of $7.57 billion. During the same quarter last year, the business earned $0.74 EPS. Smurfit Westrock’s revenue for the quarter was up .7% compared to the same quarter last year. Sell-side analysts forecast that Smurfit Westrock will post 2.24 EPS for the current fiscal year.

Smurfit Westrock Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were given a $0.4523 dividend. The ex-dividend date was Friday, May 15th. This represents a $1.81 dividend on an annualized basis and a yield of 4.1%. Smurfit Westrock’s dividend payout ratio (DPR) is currently 250.00%.

About Smurfit Westrock

Smurfit Westrock Plc, together with its subsidiaries, manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products in Ireland and internationally. The company produces containerboard that it converts into corrugated containers or sells to third parties, as well as produces other types of paper, such as consumer packaging board, sack paper, graphic paper, solid board and graphic board, and other paper-based packaging products, such as consumer packaging, solid board packaging, paper sacks, and other packaging products, including bag-in-box.