WestRock Company (WRK) Reaches $69.20 52-Week High; CVR Partners LP (UAN) Has 0.87 Sentiment

January 14, 2018 - By Marguerite Chambers

The stock of WestRock Company (NYSE:WRK) hit a new 52-week high and has $74.04 target or 7.00% above today’s $69.20 share price. The 6 months bullish chart indicates low risk for the $17.42B company. The 1-year high was reported on Jan, 14 by Barchart.com. If the $74.04 price target is reached, the company will be worth $1.22 billion more. The stock increased 1.38% or $0.94 during the last trading session, reaching $69.2. About 1.58M shares traded. WestRock Company (NYSE:WRK) has risen 40.51% since January 14, 2017 and is uptrending. It has outperformed by 23.81% the S&P500.

CVR Partners, LP produces, distributes, and markets nitrogen fertilizer products in North America. The company has market cap of $452.00 million. It provides ammonia products for agricultural and industrial customers; and urea ammonium nitrate products for agricultural customers. It currently has negative earnings. CVR GP, LLC serves as the general partner of the company.

Analysts await WestRock Company (NYSE:WRK) to report earnings on January, 23. They expect $0.76 EPS, up 61.70% or $0.29 from last year’s $0.47 per share. WRK’s profit will be $191.36M for 22.76 P/E if the $0.76 EPS becomes a reality. After $0.87 actual EPS reported by WestRock Company for the previous quarter, Wall Street now forecasts -12.64% negative EPS growth.

WestRock Company manufactures and sells paper and packaging solutions for the consumer and corrugated markets in North America, South America, Europe, and Asia. The company has market cap of $17.42 billion. The firm operates through Corrugated Packaging, Consumer Packaging, and Land and Development divisions. It has a 24.98 P/E ratio. The Corrugated Packaging segment produces containerboards, corrugated sheets, corrugated packaging, and preprinted linerboards for consumer and industrial products manufacturers, and corrugated box manufacturers; and recycled fiber.

Among 17 analysts covering WestRock (NYSE:WRK), 10 have Buy rating, 1 Sell and 6 Hold. Therefore 59% are positive. WestRock has $74 highest and $40 lowest target. $61.50’s average target is -11.13% below currents $69.2 stock price. WestRock had 56 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Tuesday, July 18 by Barclays Capital. The rating was maintained by Citigroup on Monday, June 13 with “Buy”. As per Monday, July 17, the company rating was maintained by BMO Capital Markets. The firm earned “Buy” rating on Friday, August 5 by Deutsche Bank. On Thursday, June 29 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. Jefferies maintained WestRock Company (NYSE:WRK) on Friday, August 4 with “Buy” rating. The stock of WestRock Company (NYSE:WRK) has “Outperform” rating given on Thursday, April 27 by RBC Capital Markets. Credit Agricole initiated the stock with “Underperform” rating in Wednesday, July 22 report. The firm earned “Outperform” rating on Wednesday, April 19 by RBC Capital Markets. Barclays Capital maintained it with “Equal-Weight” rating and $60 target in Monday, November 6 report.

Raging Capital Management Llc holds 4.72% of its portfolio in CVR Partners, LP for 9.41 million shares. Credit Capital Investments Llc owns 477,374 shares or 1.7% of their US portfolio. Moreover, Hite Hedge Asset Management Llc has 0.43% invested in the company for 519,235 shares. The Illinois-based Cna Financial Corp has invested 0.41% in the stock. Blackstone Group L.P., a New York-based fund reported 5.92 million shares.

Analysts await CVR Partners, LP (NYSE:UAN) to report earnings on February, 15. They expect $-0.14 EPS, down 7.69% or $0.01 from last year’s $-0.13 per share. After $-0.28 actual EPS reported by CVR Partners, LP for the previous quarter, Wall Street now forecasts -50.00% EPS growth.

The stock decreased 1.48% or $0.06 during the last trading session, reaching $3.99. About 661,175 shares traded or 31.45% up from the average. CVR Partners, LP (UAN) has declined 44.11% since January 14, 2017 and is downtrending. It has underperformed by 60.81% the S&P500.

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By1 Marguerite Chambers







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