WEST Stock Summary and Trading Ideas (Westrock Coffee Company | NASDAQ:WEST)

Westrock Coffee Co is an integrated coffee, tea, flavors, extracts, and ingredients solutions provider in the U.S, providing coffee sourcing, supply chain management, product development, roasting, packaging, and distribution services to retail, foodservice and restaurant, convenience store and travel center, non-commercial account, CPG, and hospitality industries around the world. The company's segment includes Beverage Solutions and Sustainable Sourcing and Traceability. It generates maximum revenue from the Beverage Solutions segment.

Westrock Coffee Company trades on the NASDAQ stock market under the symbol WEST.

As of December 13, 2024, WEST stock price declined to $6.97 with 291,631 million shares trading.

WEST has a beta of 0.05, meaning it tends to be less sensitive to market movements. WEST has a correlation of 0.00 to the broad based SPY ETF.

WEST has a market cap of $656.49 million. This is considered a Small Cap stock.

Last quarter Westrock Coffee Company reported $221 million in Revenue and -$.05 earnings per share. This fell short of revenue expectation by $-18 million and exceeded earnings estimates by $.01.

The top ETF exchange traded funds that WEST belongs to (by Net Assets): VTI, IWM, VXF, VDC, IWO.

WEST has underperformed the market in the last year with a price return of -28.6% while the SPY ETF gained +31.7%. WEST has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -4.3% and -13.6%, respectively, while the SPY returned +8.4% and +0.9%, respectively.

WEST support price is $6.69 and resistance is $7.31 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WEST shares will trade within this expected range on the day.