Smurfit Westrock Ltd (NYSE:SW) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Smurfit Westrock Ltd (NYSE:SW - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the nine analysts that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $60.56.

A number of research analysts have recently weighed in on SW shares. Barclays increased their price objective on Smurfit Westrock from $60.00 to $68.00 and gave the company an "overweight" rating in a report on Wednesday, December 11th. Morgan Stanley increased their price target on Smurfit Westrock from $60.00 to $64.00 and gave the stock an "overweight" rating in a research report on Thursday, November 14th. Wells Fargo & Company lowered their price target on Smurfit Westrock from $53.00 to $50.00 and set an "equal weight" rating on the stock in a research report on Monday, October 7th. Argus initiated coverage on Smurfit Westrock in a research report on Thursday, December 5th. They issued a "buy" rating and a $62.00 target price on the stock. Finally, Citigroup raised their target price on Smurfit Westrock from $61.00 to $62.00 and gave the company a "buy" rating in a research report on Monday, January 6th.

Insiders Place Their Bets

In other news, insider Saverio Mayer sold 25,000 shares of Smurfit Westrock stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $54.84, for a total value of $1,371,000.00. Following the completion of the sale, the insider now directly owns 149,911 shares of the company's stock, valued at approximately $8,221,119.24. The trade was a 14.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.49% of the stock is owned by insiders.

Institutional Investors Weigh In On Smurfit Westrock

Institutional investors have recently modified their holdings of the company. Mather Group LLC. acquired a new stake in shares of Smurfit Westrock in the third quarter valued at $25,000. CVA Family Office LLC acquired a new stake in shares of Smurfit Westrock in the third quarter valued at $26,000. Versant Capital Management Inc acquired a new stake in shares of Smurfit Westrock in the fourth quarter valued at $27,000. ORG Wealth Partners LLC acquired a new stake in shares of Smurfit Westrock in the third quarter valued at $32,000. Finally, Waldron Private Wealth LLC acquired a new stake in shares of Smurfit Westrock in the third quarter valued at $35,000. 83.38% of the stock is owned by institutional investors and hedge funds.

Smurfit Westrock Trading Down 0.2 %

Shares of SW stock traded down $0.13 during mid-day trading on Wednesday, reaching $52.80. The stock had a trading volume of 758,038 shares, compared to its average volume of 2,415,309. The business has a fifty day moving average of $53.58. The company has a current ratio of 1.48, a quick ratio of 0.98 and a debt-to-equity ratio of 0.73. The company has a market cap of $27.46 billion, a price-to-earnings ratio of 293.35 and a beta of 1.03. Smurfit Westrock has a 1-year low of $38.55 and a 1-year high of $56.99.

Smurfit Westrock Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Friday, November 15th were paid a dividend of $0.3025 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.21 annualized dividend and a yield of 2.29%. Smurfit Westrock's dividend payout ratio (DPR) is 672.22%.

Smurfit Westrock Company Profile

Smurfit Westrock Plc, together with its subsidiaries, manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products in Ireland and internationally. The company produces containerboard that it converts into corrugated containers or sells to third parties, as well as produces other types of paper, such as consumer packaging board, sack paper, graphic paper, solid board and graphic board, and other paper-based packaging products, such as consumer packaging, solid board packaging, paper sacks, and other packaging products, including bag-in-box.