WST Stock Summary and Trading Ideas (West Pharmaceutical Servs | NYSE:WST)

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 April 19, 2024, WST stock price declined to $372.04 with 412,709 million shares trading.

WST has a beta of 1.33, meaning it tends to be more sensitive to market movements. WST has a correlation of 0.28 to the broad based SPY ETF.

WST has a market cap of $27.53 billion. This is considered a Large Cap stock.

Last quarter West Pharmaceutical Servs reported $732 million in Revenue and $1.83 earnings per share. This fell short of revenue expectation by $-7 million and exceeded earnings estimates by $.05.

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 +3.0% while the SPY ETF gained +21.2%. However, in the short term, WST had mixed performance relative to the market. It has outperformed in the last 3 months, returning +8.6% vs +4.3% return in SPY. But in the last 2 weeks, WST shares have been beat by the market, returning -3.6% compared to an SPY return of -3.5%.

WST support price is $371.72 and resistance is $382.94 (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.