17-May-2024
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West to Participate in Upcoming Investor Conference
PRNewswire (Tue, 30-Apr 6:00 AM ET)
West Announces First-Quarter 2024 Results and Declares Third-Quarter 2024 Dividend
PRNewswire (Thu, 25-Apr 6:00 AM ET)
West to Host First-Quarter 2024 Conference Call
PRNewswire (Thu, 11-Apr 6:00 AM ET)
West to Participate in Upcoming Investor Conferences
PRNewswire (Wed, 28-Feb 4:30 PM ET)
West Announces Second-Quarter 2024 Dividend
PRNewswire (Tue, 20-Feb 6:00 AM ET)
West Pharmaceutical Services is based in Pennsylvania, U.S., and is a key supplier to firms in the pharmaceutical, biotechnology, and generic drug industries. West sells elastomer-based packaging components (including stoppers, seals, and plungers), non-glass containment solutions, and auto-injectors for injectable drugs. The company reports in two segments: proprietary products (about 80% of total revenue) and contract-manufactured products (about 20% of total revenue). It generates approximately 55% of its revenue from international markets and 45% from the United States.
West Pharmaceutical Servs trades on the NYSE stock market under the symbol WST.
As of May 17, 2024, WST stock price climbed to $355.64 with 421,936 million shares trading.
WST has a beta of 1.16, meaning it tends to be more sensitive to market movements. WST has a correlation of 0.25 to the broad based SPY ETF.
WST has a market cap of $25.91 billion. This is considered a Large Cap stock.
Last quarter West Pharmaceutical Servs reported $695 million in Revenue and $1.56 earnings per share. This beat revenue expectation by $25 million and exceeded earnings estimates by $.30.
In the last 3 years, WST stock traded as high as $475.35 and as low as $206.19.
The top ETF exchange traded funds that WST belongs to (by Net Assets): VTI, VOO, VO, SPY, IVV.
WST has underperformed the market in the last year with a price return of +2.4% while the SPY ETF gained +29.1%. WST has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.7% and -2.6%, respectively, while the SPY returned +6.3% and +3.6%, respectively.
WST support price is $346.91 and resistance is $361.31 (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 WST stock will trade within this expected range on the day.