Smurfit Westrock PLC (NYSE:SW) Stock Has Consensus Target Price of $56.69 According to Brokerages

Shares of Smurfit Westrock PLC (NYSE:SW) have been given an average recommendation of “Moderate Buy” by the thirteen brokerages that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $55.23.

A number of equities analysts recently weighed in on the stock. Weiss Ratings raised shares of Smurfit Westrock from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, October 23rd. Loop Capital set a $71.00 target price on shares of Smurfit Westrock in a report on Tuesday, July 28th. Wall Street Zen raised Smurfit Westrock from a “sell” rating to a “hold” rating in a research report on Saturday, August 1st. Barclays upped their price target on Smurfit Westrock from $52.00 to $56.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Finally, Truist Financial lowered their price target on Smurfit Westrock from $54.00 to $51.00 and set a “buy” rating for the company in a research report on Thursday.

Hedge Funds Weigh In On Smurfit Westrock

Several hedge funds have recently bought and sold shares of the company. Trinity Street Asset Management LLP purchased a new position in Smurfit Westrock in the second quarter worth approximately $243,400,000. Artemis Investment Management LLP grew its holdings in Smurfit Westrock by 719.6% during the 3rd quarter. Artemis Investment Management LLP now owns 3,214,979 shares of the company’s stock worth $141,781,000 after acquiring an additional 2,822,720 shares in the last quarter. Maple Rock Capital Partners Inc. acquired a new position in Smurfit Westrock during the 2nd quarter worth approximately $120,660,000. Sound Shore Management Inc. CT acquired a new position in Smurfit Westrock during the 1st quarter worth approximately $60,139,000. Finally, Cullen Capital Management LLC purchased a new stake in shares of Smurfit Westrock in the 2nd quarter valued at approximately $62,885,000. Institutional investors and hedge funds own 83.38% of the company’s stock.

Smurfit Westrock Trading Up 0.6%

Shares of SW stock opened at $43.35 on Tuesday. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.48 and a quick ratio of 0.96. The firm has a market cap of $22.74 billion, a PE ratio of 48.71, a price-to-earnings-growth ratio of 1.33 and a beta of 0.96. The company has a 50-day moving average of $43.90 and a two-hundred day moving average of $43.51. Smurfit Westrock has a 1-year low of $32.73 and a 1-year high of $52.65.

Smurfit Westrock (NYSE:SW) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.15). The company had revenue of $8.16 billion for the quarter, compared to analyst estimates of $8.29 billion. Smurfit Westrock had a net margin of 1.50% and a return on equity of 4.27%. Smurfit Westrock’s revenue was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.58 earnings per share. On average, analysts predict that Smurfit Westrock will post 1.71 EPS for the current year.

Smurfit Westrock Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Friday, November 13th will be issued a $0.4523 dividend. This represents a $1.81 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Friday, November 13th. Smurfit Westrock’s payout ratio is currently 202.25%.

Smurfit Westrock Company Profile

Smurfit Westrock plc (NYSE:SW) is a global provider of sustainable paper and packaging solutions. The company produces containerboard, corrugated packaging, folding cartons, paper bags, displays and other packaging products designed for consumer, retail, industrial and e-commerce applications. It also provides packaging design, supply-chain support and recycling services.

Smurfit Westrock was formed in July 2024 through the combination of Smurfit Kappa Group and WestRock. The transaction brought together two established packaging businesses with roots in Europe and North America.