|Bid||34.53 x 800|
|Ask||34.93 x 800|
|Day's Range||34.57 - 35.20|
|52 Week Range||34.49 - 62.05|
|Beta (3Y Monthly)||1.55|
|PE Ratio (TTM)||10.68|
|Earnings Date||Jan 28, 2019 - Feb 1, 2019|
|Forward Dividend & Yield||1.82 (4.74%)|
|1y Target Est||49.08|
Sellers moved into packaging stocks Monday, with key names falling below technical support. Explore three short sale trading ideas.
WestRock Company (WRK) today announced that its wholly owned subsidiary, WRKCo Inc., has priced a registered public offering of $500 million aggregate principal amount of 3.900% senior notes due June 1, 2028 and $500 million aggregate principal amount of 4.200% senior notes due June 1, 2032. The notes will be guaranteed by WestRock Company and certain of its subsidiaries. WestRock intends to use the net proceeds of the offering to redeem (on June 3, 2019) all of the $250.0 million principal amount of WestRock MWV, LLC’s 7.375% notes due on September 1, 2019 (the “2019 Notes”) and all of the $350.0 million principal amount of WestRock RKT, LLC’s 3.500% notes due March 1, 2020 (the “2020 Notes”), to reduce outstanding indebtedness under a term loan and commercial paper program and for general corporate purposes.
The notes will be unsecured senior obligations of WRKCo Inc. and will rank equally with the company's existing unsecured senior indebtedness. WestRock intends to use the net proceeds of this offering to repay existing debt, including bonds due in 2019 and 2020, as well as a portion of term loan and commercial paper outstandings.
Westrock Co NYSE:WRKView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for WRK with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting WRK. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $2.20 billion over the last one-month into ETFs that hold WRK are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
WestRock Company (WRK) announced today that it has delivered notices of its intention to redeem all of the outstanding 7.375% senior notes due 2019 (CUSIP 583334AE7) issued by WestRock MWV, LLC (the “2019 Notes”) and all of the outstanding 3.500% senior notes due 2020 (CUSIP 772739AP3) issued by WestRock RKT, LLC (the “2020 Notes” and, together with the 2019 Notes, the “Notes”). The notices are for the redemption of $250 million aggregate principal amount of the 2019 Notes and $350 million aggregate principal amount of the 2020 Notes. The details concerning the terms and conditions of the redemptions are fully described in the notices of redemption being sent on May 3, 2019 to record holders of the Notes.
The " Fast Money " traders shared their first moves for the market open.Tim Seymour was a buyer of EA EA .Karen Finerman was a buyer of CBS CBS .Steve Grasso was a buyer of Westrock WRK .Dan Nathan was a buyer of Intel INTC .
WestRock Company , a leading provider of differentiated paper and packaging solutions, today announced its participation in the following upcoming investor conference:
The business delivered strong revenue growth in the fiscal second quarter of 2019, while making progress on post-merger cost savings.
WestRock's (WRK) top line improves on increased sales in Corrugated Packaging segment, aided by the KapStone buyout, higher selling price/mix and strength in the North American container business.
The Atlanta-based company said it had profit of 62 cents per share. Earnings, adjusted for restructuring costs and non-recurring costs, came to 80 cents per share. The results topped Wall Street expectations. ...
WestRock Company , a leading provider of differentiated paper and packaging solutions, today announced results for its fiscal second quarter ended March 31, 2019.
WestRock Company today reported that its Board of Directors declared a quarterly dividend of $0.455 per share on its common stock. The quarterly dividend of $0.455 per share will be paid to stockholders of record as of the close of business on May 10, 2019 and will be paid on May 20, 2019.
Investors can approximate the average market return by buying an index fund. But if you buy individual stocks, you can do both better or worse than that. For example, the WestRock Company (NYSE:WRK) share price is down 44% in...
WestRock (WRK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
According to GuruFocus' list of 52-week lows, these guru stocks have reached their 52-week lows. The price of Bristol-Myers Squibb Company (BMY) shares has declined to close to the 52-week low of $45.52, which is 30.4% off the 52-week high of $63.69. The company has a market cap of $74.38 billion.
Gains from favorable demand and the Kapstone acquisition will likely be offset by higher maintenance downtime and input cost inflation in WestRock's (WRK) second-quarter fiscal 2019 results.
The Sustainable Packaging Coalition (SPC) has honored WestRock Company (WRK), a leading provider of differentiated paper and packaging solutions, with its Innovator Award for the company’s work in improving the recyclability of foodservice packaging. The SPC is a membership-based collaborative that believes in the power of industry to make packaging more sustainable.
International Paper and WestRock have been humming along, but shares of America's pulp and paper giants are down significantly since the start of 2018.