West Pharmaceutical Services, Inc (NYSE: WST) is -35.61% lower on its value in year-to-date trading and has touched a low of $197.01 and a high of $400.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WST stock was last observed hovering at around $203.65 in the last trading session, with the day’s gains setting it 7.26%.
Currently trading at $210.91, the stock is -28.80% and -33.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.88 million and changing 3.56% at the moment leaves the stock -33.22% off its SMA200. WST registered -39.77% loss for a year compared to 6-month gain of -29.49%.
The stock witnessed a -39.37% loss in the last 1 month and extending the period to 3 months gives it a -31.35%, and is 5.93% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.77% over the week and 4.31% over the month.
West Pharmaceutical Services, Inc (WST) has around 10600 employees, a market worth around $15.25B and $2.89B in sales. Current P/E ratio is 31.53 and Fwd P/E is 30.01. Profit margin for the company is 17.03%. Distance from 52-week low is 7.06% and -47.39% from its 52-week high. The company has generated returns on investments over the last 12 months (16.60%).
with sales reaching $685.61M over the same period.The EPS is expected to shrink by -9.71% this year, but quarterly earnings will post -0.06% year-over-year. Quarterly sales are estimated to shrink -1.41% in year-over-year returns.
West Pharmaceutical Services, Inc (WST) Top Institutional Holders
The shares outstanding are 72.30M, and float is at 71.87M with Short Float at 1.87%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 8.94 million shares valued at $2.95 billion. The investor’s holdings represent 12.1685% of the WST Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 7.58 million shares valued at $$2.5 billion to account for 10.3118 of the shares outstanding. The other top investors are BANK OF NEW YORK MELLON CORP which holds 3.27 million shares representing 4.4543% and valued at over $1.08 billion, while STATE STREET CORP holds 4.3597 of the shares totaling 3.2 million with a market value of $1.06 billion.
West Pharmaceutical Services, Inc (WST) Insider Activity
The most recent transaction is an insider sale by Witherspoon Charles,the company’sVP & Treasurer. SEC filings show that Witherspoon Charles sold 703 shares of the company’s common stock on Oct 29 ’24 at a price of $310.40 per share for a total of $0.22 million. Following the sale, the insider now owns 1253.0 shares.
West Pharmaceutical Services, Inc disclosed in a document filed with the SEC on Aug 19 ’24 that Witherspoon Charles (VP & Treasurer) sold a total of 1,029 shares of the company’s common stock. The trade occurred on Aug 19 ’24 and was made at $300.00 per share for $0.31 million. Following the transaction, the insider now directly holds 1478.0 shares of the WST stock.
Still, SEC filings show that on May 10 ’24, Hofmann Thomas W (Director) disposed off 617 shares at an average price of $365.92 for $0.23 million. The insider now directly holds 43,565 shares of West Pharmaceutical Services, Inc (WST).
