Key Points
- CEO purchased 50,000 shares at an average price of $4.35 on Nov. 20 for $217,500, raising his stake to 406,401 shares — a 14.03% increase in his position.
- WEST traded down 1.7% to $4.11 with higher-than-average volume; the stock has a 50‑day SMA of $4.64, 200‑day SMA of $5.82, a 12‑month range of $3.59–$8.29 and a market cap of about $398 million.
- Westrock reported Q3 EPS of ($0.05) in line with estimates and revenue of $354.83M (above consensus), while analysts’ ratings are mixed but show a consensus of “Moderate Buy” with a $9 target.
Westrock Coffee Company (NASDAQ:WEST - Get Free Report) CEO Scott Ford purchased 50,000 shares of Westrock Coffee stock in a transaction dated Thursday, November 20th. The stock was bought at an average cost of $4.35 per share, with a total value of $217,500.00. Following the completion of the transaction, the chief executive officer owned 406,401 shares in the company, valued at approximately $1,767,844.35. This represents a 14.03% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website.
Westrock Coffee Stock Down 1.7%
WEST stock traded down $0.07 during trading on Friday, reaching $4.11. 645,039 shares of the company traded hands, compared to its average volume of 586,935. The business has a 50 day simple moving average of $4.64 and a 200 day simple moving average of $5.82. Westrock Coffee Company has a 12 month low of $3.59 and a 12 month high of $8.29. The company has a debt-to-equity ratio of 37.87, a quick ratio of 0.47 and a current ratio of 1.02. The company has a market capitalization of $397.93 million, a price-to-earnings ratio of -4.19 and a beta of 0.47.
Westrock Coffee (NASDAQ:WEST - Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The company reported ($0.05) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.05). Westrock Coffee had a negative return on equity of 98.07% and a negative net margin of 8.58%.The business had revenue of $354.83 million for the quarter, compared to the consensus estimate of $281.54 million. On average, equities research analysts anticipate that Westrock Coffee Company will post -0.3 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
WEST has been the subject of several recent analyst reports. Telsey Advisory Group lowered their price target on Westrock Coffee from $10.00 to $7.00 and set an "outperform" rating for the company in a report on Friday, November 7th. Benchmark reiterated a "buy" rating on shares of Westrock Coffee in a research note on Friday, November 14th. Weiss Ratings reissued a "sell (e+)" rating on shares of Westrock Coffee in a research report on Wednesday, October 8th. Finally, Wall Street Zen upgraded shares of Westrock Coffee from a "sell" rating to a "hold" rating in a research note on Friday, August 22nd. Three investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $9.00.
Read Our Latest Research Report on WEST
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in WEST. EverSource Wealth Advisors LLC boosted its holdings in Westrock Coffee by 199.0% in the second quarter. EverSource Wealth Advisors LLC now owns 6,214 shares of the company's stock valued at $36,000 after purchasing an additional 4,136 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Westrock Coffee by 79.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 7,782 shares of the company's stock valued at $38,000 after buying an additional 3,439 shares during the period. HHM Wealth Advisors LLC boosted its stake in shares of Westrock Coffee by 130.9% in the first quarter. HHM Wealth Advisors LLC now owns 8,080 shares of the company's stock worth $58,000 after buying an additional 4,580 shares during the last quarter. State of Wyoming purchased a new stake in shares of Westrock Coffee in the first quarter worth about $62,000. Finally, Magnetar Financial LLC acquired a new stake in Westrock Coffee during the second quarter worth about $65,000. 45.08% of the stock is currently owned by institutional investors and hedge funds.
Westrock Coffee Company Profile
(
Get Free Report)
Westrock Coffee Company, LLC operates as an integrated coffee, tea, flavors, extracts, and ingredients solutions provider in the United States and internationally. It operates through two segments, Beverage Solutions, and Sustainable Sourcing & Traceability (SS&T). The Beverage Solutions segment provides various packaging, including branded and private label coffee in bags, fractional packs, and single serve cups, as well as extract solutions for applications in cold brew and ready-to-drink offerings.
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