WestRock Company shares have been in strong demand lately. The technical chart pattern looks positive which may give rise to new gains. Investors have an opportunity to buy the stock and target the $ 56.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
The company has solid fundamentals for a short-term investment strategy.
The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
The company's attractive earnings multiples are brought to light by a P/E ratio at 13.5 for the current year.
Sales forecast by analysts have been recently revised upwards.
For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
The stock is in a well-established, long-term rising trend above the technical support level at 34.07 USD
Stock prices approach a strong long-term resistance in weekly data at USD 46.67.
The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
The company is in debt and has limited leeway for investment
The group usually releases earnings worse than estimated.
ę MarketScreener.com 2021
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