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Stock Charts AI Power Rank: 7.4
Power Rank trend -> Rising
EST
WestRock Co (WRK)
Industry: Packaging & Containers
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, WRK has been trading in a range between $52.24 and $49.37 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
WRK is breaking above top of the recent 20 day range at $54.74 and appears that it could have some more upside. If it enters a yellow zone the trend may be faltering - consider exiting or taking profits. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
WestRock Co $WRK entered a Green zone 1 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $41.25, a potential upside of INF% from the recent price of 0.00. The stock is trading INF% (potential upside) below its 52 week high of $54.83 and -100 % (potential downside) above its 52 week low of $30.57 - based on the recent price.
Company Summary
WestRock Company, together with its subsidiaries, provides fiber-based paper and packaging solutions in North America, South America, Europe, Asia, and Australia It operates through four segments: Corrugated Packaging, Consumer Packaging, Global Paper, and Distribution. The Corrugated Packaging segment produces containerboards, corrugated sheets, corrugated packaging, and preprinted linerboards to consumer and industrial products manufacturers, and corrugated box manufacturers.
News
| Dermody Properties Breaks Ground on LogistiCenter℠ at Pleasant Prairie PLEASANT PRAIRIE, Wis., June 27, 2024 /PRNewswire/ -- Dermody Properties—a diversified private equity investment management company focused exclusively on the national logistics real estate sector—is pleased to announce that WestRock, a global leader in sustainable packaging, has signed a build-to-suit lease at LogistiCenter℠ at Pleasant Prairie. Source: PRNewsWire Thu, 27 Jun 2024 16:11:00 -0400 Sentiment: Neutral |
| WestRock's (WRK) Merger With Smurfit Kappa Gets Shareholders Nod The WestRock (WRK) and Smurfit Kappa merger, which will create a new company, Smurfit WestRock, has been approved by shareholders of both companies. Source: Zacks Investment Research Fri, 14 Jun 2024 09:00:38 -0400 Sentiment: Positive |
| WestRock Stockholders Approve Combination with Smurfit Kappa ATLANTA--(BUSINESS WIRE)--WestRock Company (NYSE: WRK), a leading provider of sustainable fiber-based paper and packaging solutions, today announced that, based on the preliminary vote count, WestRock stockholders voted to approve the Transaction Agreement and other proposals related to the combination of Smurfit Kappa Group plc (“Smurfit Kappa”) and WestRock (the “Combination”) at WestRock's Special Meeting of Stockholders held earlier today. Pursuant to the terms of the Transaction Agreement. Source: Business Wire Thu, 13 Jun 2024 09:11:00 -0400 Sentiment: Neutral |
| WestRock's (WRK) VPPA Project With ENGIE Becomes Operational WestRock's (WRK) first VPPA Project with ENGIE is now operational, marking a step forward to achieving 2030 science-based greenhouse gas targets. Source: Zacks Investment Research Wed, 05 Jun 2024 13:01:31 -0400 Sentiment: Neutral |
| WestRock: Exceptional Free Cash Flow Off Highly Productive Assets Companies in the basic material sector have performed well in the first half of 2024, aligning with previous estimates. WestRock Company is a standout in the paper and packaging industry, trading at relative premiums to peers. WRK demonstrates strong business economics, including high inventory turnover and significant free cash flow, supporting a buy rating. Source: Seeking Alpha Wed, 05 Jun 2024 11:10:26 -0400 Sentiment: Positive |
Technicals 52 Week Hi: 54.83 52 Week Low: 30.5739 Beta: 1.053 50 Day MA: 51.3814 200 Day MA: 44.3831 Earnings / Revenue Trends Qtr Earnings Growth YOY: -0.683 Qtr Revenue Growth YOY: -0.104 Forward PE: 22.779 Trailing PE: 42.5702