Smurfit WestRock plc (SW) vs. Its Peers: A Comparison

Smurfit WestRock plc (NYSE: SW) has a price-to-earnings ratio of 19.71x that is above its average ratio. Additionally, the 36-month beta value for SW is 1.04. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”

The public float for SW is 253.74M and currently, short sellers hold a 6.28% ratio of that float. The average trading volume of SW on September 23, 2024 was 6.42M shares.

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SW) stock’s latest price update

Smurfit WestRock plc (NYSE: SW)’s stock price has dropped by -3.28 in relation to previous closing price of 49.02. Nevertheless, the company has seen a gain of 5.54% in its stock price over the last five trading days. businesswire.com reported 2024-08-19 that ATLANTA–(BUSINESS WIRE)–Smurfit Westrock plc announces that one of its indirect wholly owned subsidiaries, WRKCo Inc. (“WRKCo”), has applied to the Autorité des marchés financiers (the “AMF”), as WRKCo’s principal securities regulator in Canada, for a decision that it has ceased to be a reporting issuer (the “Order Sought”) in Québec, Manitoba and British Columbia (the “Canadian Jurisdictions”). WRKCo has eight series of outstanding notes, consisting of an aggregate principal amount of US$600.

SW’s Market Performance

SW’s stock has risen by 5.54% in the past week, with a monthly rise of 7.70% and a quarterly rise of 0.79%. The volatility ratio for the week is 3.15% while the volatility levels for the last 30 days are 2.63% for Smurfit WestRock plc The simple moving average for the last 20 days is 3.41% for SW’s stock, with a simple moving average of 17.51% for the last 200 days.

Analysts’ Opinion of SW

Many brokerage firms have already submitted their reports for SW stocks, with Redburn Atlantic repeating the rating for SW by listing it as a “Buy.” The predicted price for SW in the upcoming period, according to Redburn Atlantic is $60 based on the research report published on August 23, 2024 of the current year 2024.

Jefferies, on the other hand, stated in their research note that they expect to see SW reach a price target of $52. The rating they have provided for SW stocks is “Hold” according to the report published on July 29th, 2024.

Morgan Stanley gave a rating of “Overweight” to SW, setting the target price at $60 in the report published on July 19th of the current year.

SW Trading at 5.21% from the 50-Day Moving Average

After a stumble in the market that brought SW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.43% of loss for the given period.

Volatility was left at 2.63%, however, over the last 30 days, the volatility rate increased by 3.15%, as shares surge +8.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.15% upper at present.

During the last 5 trading sessions, SW rose by +5.54%, in comparison to the 20-day moving average, which settled at $46.03. In addition, Smurfit WestRock plc saw 16.17% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for SW

Current profitability levels for the company are sitting at:

  • 0.08 for the present operating margin
  • 0.29 for the gross margin

The net margin for Smurfit WestRock plc stands at 0.05. The total capital return value is set at 114438.36. Equity return is now at value 10.67, with 4.22 for asset returns.

Currently, EBITDA for the company is 2.06 billion with net debt to EBITDA at -0.0. When we switch over and look at the enterprise to sales, we see a ratio of 1.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.30.

Conclusion

In conclusion, Smurfit WestRock plc (SW) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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