Citigroup reiterated coverage on WestRock with a new price target
$WRK
Containers/Packaging
Consumer Discretionary
Citigroup reiterated coverage of WestRock with a rating of Buy and set a new price target of $60.00 from $67.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/29/2024 | Buy → Neutral | Seaport Research Partners | |
| 1/8/2024 | Outperform | Exane BNP Paribas | |
| 11/17/2023 | Hold → Buy | Argus | |
| 4/20/2023 | $38.00 → $40.00 | Neutral → Buy | BofA Securities |
| 3/20/2023 | $34.00 → $32.00 | Neutral → Buy | Citigroup |
| 2/13/2023 | Buy → Hold | Argus | |
| 6/21/2022 | $53.00 → $45.00 | Buy → Neutral | Citigroup |
| 2/4/2022 | $43.00 → $42.00 | Underweight | Keybanc |
SC 13G/A - WestRock Co (0001732845) (Subject)
SC 13G/A - WestRock Co (0001732845) (Subject)
SC 13G/A - WestRock Co (0001732845) (Subject)
15-12G - WestRock Co (0001732845) (Filer)
S-8 POS - WestRock Co (0001732845) (Filer)
S-8 POS - WestRock Co (0001732845) (Filer)
4 - WestRock Co (0001732845) (Issuer)
4 - WestRock Co (0001732845) (Issuer)
4 - WestRock Co (0001732845) (Issuer)
First Quarter 2025 Results Delivered Q1 results in-line with expectations and reaffirms fiscal 2025 outlook Revenue of $684 million, as expected Operating Income of $30 million increased 2% sequentially versus Q4 2024 and Operating Margin of 4.4% was flat sequentially Adjusted EBITDA of $81 million, as expected, increased 0.9% sequentially versus Q4 2024 and Adjusted EBITDA margin of 11.9% increased 10 basis points sequentially Voluntarily prepaid $20 million of term loan debt during the quarter Vestis Corporation (NYSE:VSTS), a leading provider of uniforms and workplace supplies, today announced its results for the first quarter ended December 27, 2024 and reiterated its
WestRock Company (NYSE:WRK), a leading provider of sustainable paper and packaging solutions, today announced results for its fiscal second quarter ended March 31, 2024. Second Quarter Highlights and other notable items: Net sales of $4.73 billion Net income of $16 million, Adjusted Net Income of $101 million; net income included $81 million of restructuring and other costs, net Earnings of $0.06 per diluted share ("EPS") and Adjusted EPS of $0.39 Consolidated Adjusted EBITDA of $618 million Consumer Packaging Adjusted EBITDA margin increased 70 bps to 18.0% Achieved over $160 million in cost savings; expect to significantly exceed previously announced fiscal 2024 target
WestRock Company (NYSE:WRK) today reported that its board of directors declared a quarterly dividend of $0.3025 per share on its common stock. The quarterly dividend of $0.3025 per share will be paid to stockholders of record as of the close of business on May 14, 2024, and will be paid on May 22, 2024. About WestRock WestRock (NYSE:WRK) partners with our customers to provide sustainable paper and packaging solutions that help them win in the marketplace. WestRock's team members support customers around the world from locations spanning North America, South America, Europe, Asia and Australia. Learn more at www.westrock.com. View source version on businesswire.com: https://www.business
Texas-based solar project propels WestRock's pursuit of its science-based targets to reduce greenhouse gas emissions Project demonstrates the company's strategic approach to support clean, renewable energy and economic development WestRock (NYSE:WRK), a leading provider of sustainable fiber-based paper and packaging solutions, is making progress toward its science-based greenhouse gas targets by supporting the first of two Texas-based solar projects. WestRock set the stage by entering into virtual power purchase agreements (VPPAs) with ENGIE North America (ENGIE), a subsidiary of ENGIE S.A. and global leader in the net zero energy transition. Bernard Creek Solar, LLC, the first of
Texas-based solar projects to support WestRock's pursuit of science-based targets for reduction of greenhouse gas emissions WestRock (NYSE:WRK), a leader in sustainable fiber-based paper and packaging solutions, today announced it has entered into two virtual power purchase agreements (VPPAs) with ENGIE North America (ENGIE), a subsidiary of ENGIE S.A. and global leader in the net zero energy transition. The VPPAs are designed to add renewable energy to the U.S. energy grid and mark a step forward in WestRock's commitment to reduce greenhouse gas emissions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231114609659/en/Two vir
ATLANTA--(BUSINESS WIRE)--WestRock Company (NYSE:WRK), a leading provider of differentiated paper and packaging solutions, announced today that Steven C. Voorhees has decided to step down from his position as president and chief executive officer and a director of the Company for health reasons, effective March 15, 2021. In addition, the Company’s Board of Directors announced that, following a comprehensive search as part of the Company’s long-term succession processes, it has elected David B. Sewell to succeed Voorhees as WestRock’s president and chief executive officer at that time. Sewell has been appointed to the Board of Directors, effective as of when he assumes his new role,
Seaport Research Partners downgraded WestRock from Buy to Neutral
Exane BNP Paribas resumed coverage of WestRock with a rating of Outperform
Argus upgraded WestRock from Hold to Buy
First Quarter 2025 Results Delivered Q1 results in-line with expectations and reaffirms fiscal 2025 outlook Revenue of $684 million, as expected Operating Income of $30 million increased 2% sequentially versus Q4 2024 and Operating Margin of 4.4% was flat sequentially Adjusted EBITDA of $81 million, as expected, increased 0.9% sequentially versus Q4 2024 and Adjusted EBITDA margin of 11.9% increased 10 basis points sequentially Voluntarily prepaid $20 million of term loan debt during the quarter Vestis Corporation (NYSE:VSTS), a leading provider of uniforms and workplace supplies, today announced its results for the first quarter ended December 27, 2024 and reiterated its
PLEASANT PRAIRIE, Wis., June 27, 2024 /PRNewswire/ -- Dermody Properties—a diversified private equity investment management company focused exclusively on the national logistics real estate sector—is pleased to announce that WestRock, a global leader in sustainable packaging, has signed a build-to-suit lease at LogistiCenter℠ at Pleasant Prairie. WestRock is establishing a Great Lakes regional corrugated operations hub and will require more than 580,000 square feet within Wisconsin's newest rail-served logistics park. "We are pleased that WestRock is entrusting Dermody Propert
WestRock Company (NYSE:WRK), a leading provider of sustainable fiber-based paper and packaging solutions, today announced that, based on the preliminary vote count, WestRock stockholders voted to approve the Transaction Agreement and other proposals related to the combination of Smurfit Kappa Group plc ("Smurfit Kappa") and WestRock (the "Combination") at WestRock's Special Meeting of Stockholders held earlier today. Pursuant to the terms of the Transaction Agreement entered into on September 12, 2023, Smurfit WestRock will acquire Smurfit Kappa by means of a scheme of arrangement under the Companies Act 2014 of Ireland (as amended) (the "Smurfit Kappa Share Exchange"), and Sun Merger Sub