WestRock Co - Ticker WRK
Price has dropped to a point in time we haven't seen in almost 3 months (November). Currently supporting a 2.82% dividend.
As interest rates rise, so I see this one doing the same. Last quarter results beat its Last year first quarter results by 85.11% and earnings were better by a .10 cent beat. It's price is falling. Do I need say more?
WestRock is a smaller company than International Paper, although their growth is about the same. WestRock has beat estimates on earning the last 3 quarters. (at least by a nickel per share and close to a dime on some quarters)
Their P/E is @ 25.4 and the PEG sits at 1.4 Their next earnings will be announced 1/31/2018.
Sitting at $70, analysts target this at a mean of 71.40 and a high of 80 currently.
PMCF just announced the sale of Plymouth Packaging to WestRock co. (1/25/18)
From a value perspective WRK is better than IP.
WRK has suprised on earnings 3 times in the last year, while IP has only suprised once. YTD performance, both are sitting at 11% or so. IP is at 11.75%, while WRK is at 11.17%
Currently WRK is a better value stock, from a technical view point.