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Why Is Smurfit Westrock (SW) Down 20.5% Since Final Earnings Report?

Date:

It has been a few month because the final earnings report for Smurfit Westrock (SW). Shares have misplaced about 20.5% in that time-frame, underperforming the S&P 500.

Will the latest unfavorable development proceed main as much as its subsequent earnings launch, or is Smurfit Westrock due for a breakout? Earlier than we dive into how buyers and analysts have reacted as of late, let’s take a fast have a look at its most up-to-date earnings report to be able to get a greater deal with on the vital drivers.

How Have Estimates Been Shifting Since Then?

It seems, estimates assessment have trended downward in the course of the previous month.

The consensus estimate has shifted -30.62% on account of these modifications.

VGM Scores

At present, Smurfit Westrock has a subpar Development Rating of D, although it’s lagging a bit on the Momentum Rating entrance with an F. Nevertheless, the inventory was allotted a grade of C on the worth facet, placing it within the center 20% for this funding technique.

General, the inventory has an combination VGM Rating of F. Should you aren’t targeted on one technique, this rating is the one you have to be eager about.

Outlook

Estimates have been broadly trending downward for the inventory, and the magnitude of those revisions signifies a downward shift. Notably, Smurfit Westrock has a Zacks Rank #3 (Maintain). We anticipate an in-line return from the inventory within the subsequent few months.

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This prime decide is among the many most progressive monetary companies. With a fast-growing buyer base (already 50+ million) and a various set of innovative options, this inventory is poised for large good points. After all, all our elite picks aren’t winners however this one might far surpass earlier Zacks’ Shares Set to Double like Nano-X Imaging which shot up +129.6% in little greater than 9 months.

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Smurfit Westrock PLC (SW) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.

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