Market Momentum Report: Westrock Coffee Company (WEST)’s Negative Close at 6.62

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The price of Westrock Coffee Company (NASDAQ: WEST) closed at $6.62 in the last session, down -3.99% from day before closing price of $6.89. In other words, the price has decreased by -$3.99 from its previous closing price. On the day, 0.79 million shares were traded. WEST stock price reached its highest trading level at $6.95 during the session, while it also had its lowest trading level at $6.3011.

Ratios:

We take a closer look at WEST’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 1.31. In the meantime, Its Debt-to-Equity ratio is 1.29 whereas as Long-Term Debt/Eq ratio is at 1.09.

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 this company, Craig Hallum on September 23, 2024, initiated with a Buy rating and assigned the stock a target price of $13.

On May 10, 2024, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $13 to $14.

Telsey Advisory Group reiterated its Outperform rating for the stock on February 16, 2024, while the target price for the stock was revised from $11 to $13.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 12 ’24 when FORD JOE T bought 5,000 shares for $6.97 per share. The transaction valued at 34,850 led to the insider holds 249,445 shares of the business.

Umesiri Oluwatoyin sold 11,500 shares of WEST for $92,805 on Sep 10 ’24. The Director now owns 14,240 shares after completing the transaction at $8.07 per share. On Sep 03 ’24, another insider, Ford William A, who serves as the GROUP PRESIDENT, OPERATIONS of the company, bought 1,092 shares for $7.78 each. As a result, the insider paid 8,496 and bolstered with 436,190 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, WEST now has a Market Capitalization of 585513856 and an Enterprise Value of 1372476288. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 7.18. Its current Enterprise Value per Revenue stands at 1.643 whereas that against EBITDA is 201.037.

Stock Price History:

Over the past 52 weeks, WEST has reached a high of $11.21, while it has fallen to a 52-week low of $6.70. The 50-Day Moving Average of the stock is -24.18%, while the 200-Day Moving Average is calculated to be -32.36%.

Shares Statistics:

According to the various share statistics, WEST traded on average about 273.19K shares per day over the past 3-months and 530300 shares per day over the past 10 days. A total of 88.05M shares are outstanding, with a floating share count of 29.54M. Insiders hold about 66.60% of the company’s shares, while institutions hold 31.31% stake in the company. Shares short for WEST as of 1724976000 were 5699787 with a Short Ratio of 21.84, compared to 1722384000 on 5472447. Therefore, it implies a Short% of Shares Outstanding of 5699787 and a Short% of Float of 24.57.

Earnings Estimates

The stock of Westrock Coffee Company (WEST) is currently drawing attention from 2.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is -$0.02, with high estimates of -$0.02 and low estimates of -$0.03.

Analysts are recommending an EPS of between -$0.2 and -$0.53 for the fiscal current year, implying an average EPS of -$0.36. EPS for the following year is $0.17, with 3.0 analysts recommending between $0.23 and $0.13.

Revenue Estimates

According to 4 analysts, the current quarter’s revenue is expected to be $242.96M. It ranges from a high estimate of $270.7M to a low estimate of $214.25M. As of the current estimate, Westrock Coffee Company’s year-ago sales were $219.61MFor the next quarter, 4 analysts are estimating revenue of $256.59M. There is a high estimate of $282.8M for the next quarter, whereas the lowest estimate is $227.25M.

A total of 4 analysts have provided revenue estimates for WEST’s current fiscal year. The highest revenue estimate was $954.4M, while the lowest revenue estimate was $840.51M, resulting in an average revenue estimate of $899.98M. In the same quarter a year ago, actual revenue was $864.71MBased on 4 analysts’ estimates, the company’s revenue will be $1.16B in the next fiscal year. The high estimate is $1.3B and the low estimate is $1.01B.

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