Westrock Coffee Company (NASDAQ:WEST)’s traded shares stood at 0.46 million during the last session, with the company’s beta value hitting 0.49. At the close of trading, the stock’s price was $6.92, to imply a decrease of -7.11% or -$0.53 in intraday trading. The WEST share’s 52-week high remains $11.21, putting it -61.99% down since that peak but still an impressive 23.7% since price per share fell to its 52-week low of $5.28. The company has a valuation of $651.78M, with an average of 0.35 million shares in intraday trading volume over the past 10 days and average of 408.96K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Westrock Coffee Company (WEST), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give WEST a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.12.
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Westrock Coffee Company (NASDAQ:WEST) trade information
After registering a -7.11% downside in the last session, Westrock Coffee Company (WEST) has traded red over the past five days. The 5-day price performance for the stock is -13.82%, and -6.74% over 30 days. With these gigs, the year-to-date price performance is -32.22%. Short interest in Westrock Coffee Company (NASDAQ:WEST) saw shorts transact 5.02 million shares and set a 13.08 days time to cover.
The extremes give us $10 and $13 for target low and target high price respectively. As such, WEST has been trading -87.86% off suggested target high and -44.51% from its likely low.
Westrock Coffee Company (WEST) estimates and forecasts
Looking at statistics comparing Westrock Coffee Company share performance against respective industry, we note that the company has outperformed competitors. Westrock Coffee Company (WEST) shares are -33.08% down over the last 6 months, with its year-to-date growth rate higher than industry average at 30.23% against 16.50%. The rating firms project that company’s revenue will shrink -1.84% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 228.75M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 228.94M.Earnings reports from the last fiscal year show that sales brought in 214.97M and 192.5M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 6.41% before jumping 18.93% in the following quarter.
WEST Dividends
Westrock Coffee Company has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Westrock Coffee Company (NASDAQ:WEST)’s Major holders
Westrock Coffee Company insiders hold 52.99% of total outstanding shares, with institutional holders owning 40.61% of the shares at 86.39% float percentage. In total, 40.61% institutions holds shares in the company.
