Closing Figures: West Pharmaceutical Services, Inc. (WST)’s Negative Finish at 368.18, Down -4.55

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After finishing at $385.73 in the prior trading day, West Pharmaceutical Services, Inc. (NYSE: WST) closed at $368.18, down -4.55%. In other words, the price has decreased by -$4.55 from its previous closing price. On the day, 0.74 million shares were traded. WST stock price reached its highest trading level at $390.33 during the session, while it also had its lowest trading level at $364.89.

Ratios:

Our goal is to gain a better understanding of WST by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 44.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 65.03. For the most recent quarter (mrq), Quick Ratio is recorded 2.24 and its Current Ratio is at 2.88. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.08.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on February 07, 2024, Upgraded its rating to Buy and sets its target price to $536 from $323 previously.

On June 16, 2023, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $390 to $405.

Stephens Upgraded its Equal-Weight to Overweight on April 11, 2023, whereas the target price for the stock was revised from $330 to $400.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 11 ’24 when Winters Chad sold 815 shares for $358.82 per share. The transaction valued at 292,436 led to the insider holds 1,309 shares of the business.

Witherspoon Charles sold 2,019 shares of WST for $724,061 on Feb 28 ’24. The VP & Treasurer now owns 1,979 shares after completing the transaction at $358.62 per share. On Feb 27 ’24, another insider, Green Eric Mark, who serves as the President, CEO and Board Chair of the company, sold 64,132 shares for $359.85 each. As a result, the insider received 23,077,971 and left with 152,908 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WST now has a Market Capitalization of 28237490176 and an Enterprise Value of 27728836608. As of this moment, West’s Price-to-Earnings (P/E) ratio for their current fiscal year is 48.60, and their Forward P/E ratio for the next fiscal year is 40.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.20 while its Price-to-Book (P/B) ratio in mrq is 9.39. Its current Enterprise Value per Revenue stands at 9.4 whereas that against EBITDA is 32.707.

Stock Price History:

Over the past 52 weeks, WST has reached a high of $415.73, while it has fallen to a 52-week low of $310.42. The 50-Day Moving Average of the stock is -2.68%, while the 200-Day Moving Average is calculated to be -0.86%.

Shares Statistics:

The stock has traded on average 538.06K shares per day over the past 3-months and 458720 shares per day over the last 10 days, according to various share statistics. A total of 73.50M shares are outstanding, with a floating share count of 72.80M. Insiders hold about 0.55% of the company’s shares, while institutions hold 96.03% stake in the company. Shares short for WST as of 1713139200 were 975857 with a Short Ratio of 1.81, compared to 1710460800 on 1209637. Therefore, it implies a Short% of Shares Outstanding of 975857 and a Short% of Float of 1.7399999999999998.

Dividends & Splits

In the trailing 12 months, WST’s forward annual dividend rate was 0.77, compared to 0.98 this year. Against a Trailing Annual Dividend Yield of 0.001996215The stock’s 5-year Average Dividend Yield is 0.26.

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