West Pharmaceutical Services, Inc. (WST)

NYSE: WST · IEX Real-Time Price · USD
368.18
-17.55 (-4.55%)
Apr 25, 2024, 4:02 PM EDT - Market closed
-4.55%
Market Cap 26.95B
Revenue (ttm) 2.93B
Net Income (ttm) 568.70M
Shares Out 73.21M
EPS (ttm) 7.58
PE Ratio 48.57
Forward PE 47.84
Dividend $0.80 (0.22%)
Ex-Dividend Date Jul 31, 2024
Volume 742,359
Open 384.48
Previous Close 385.73
Day's Range 364.89 - 385.87
52-Week Range 310.42 - 415.73
Beta 1.03
Analysts Strong Buy
Price Target 435.20 (+18.2%)
Earnings Date Apr 25, 2024

About WST

West Pharmaceutical Services, Inc. designs, manufactures, and sells containment and delivery systems for injectable drugs and healthcare products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Proprietary Products and Contract-Manufactured Products. The Proprietary Products segment offers stoppers and seals for injectable packaging systems; syringe and cartridge components, including custom solutions for the needs of injectable drug applications, as well as administration systems that enhanc... [Read more]

Sector Healthcare
Founded 1923
Employees 10,600
Stock Exchange NYSE
Ticker Symbol WST
Full Company Profile

Financial Performance

In 2023, WST's revenue was $2.95 billion, an increase of 2.18% compared to the previous year's $2.89 billion. Earnings were $593.40 million, an increase of 1.28%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for WST stock is "Strong Buy." The 12-month stock price forecast is $435.2, which is an increase of 18.20% from the latest price.

Price Target
$435.2
(18.20% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

West Pharma posts beat-and-raise quarter aided by strong demand for injectables

West Pharmaceutical Services on Thursday beat quarterly profit estimates and raised its annual profit forecast, banking on rising demand for cartridges and syringes used to manufacture injectable ther...

21 hours ago - Reuters

West Announces First-Quarter 2024 Results and Declares Third-Quarter 2024 Dividend

- Conference Call Scheduled for 9 a.m. EDT Today - EXTON, Pa.

22 hours ago - PRNewsWire

Ex-Dividend Reminder: Lennar, Lowe's And West Pharmaceutical

On 4/23/24, Lennar, Lowe's Companies and West Pharmaceutical Services, will all trade ex-dividend for their respective upcoming dividends. Lennar will pay its quarterly dividend of $0.50 on 5/8/24, Lo...

Other symbols: LENLOW
6 days ago - Forbes

West to Host First-Quarter 2024 Conference Call

EXTON, Pa. , April 11, 2024 /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative solutions for injectable drug administration, today announced that it will rel...

14 days ago - PRNewsWire

West to Participate in Upcoming Investor Conferences

EXTON, Pa. , Feb. 28, 2024 /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative solutions for injectable drug administration, today announced that it will pres...

2 months ago - PRNewsWire

West Announces Second-Quarter 2024 Dividend

EXTON, Pa. , Feb. 20, 2024 /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative solutions for injectable drug administration, announced today that the Company'...

2 months ago - PRNewsWire

West Pharmaceutical Stock Tumbles on Weak 2024 Outlook

The company had warned in recent months that its clients were slowing down their purchasing.

2 months ago - Barrons

Medical equipment maker West Pharmaceutical forecasts weak annual results

West Pharmaceutical Services forecast full-year results below analysts' estimates on Thursday after the company missed fourth-quarter revenue expectations, hurt by weak demand for its medical equipmen...

2 months ago - Reuters

West Announces Fourth-Quarter and Full-Year 2023 Results

- Conference Call Scheduled for 9 a.m. EST Today - EXTON, Pa.

2 months ago - PRNewsWire

Final Trades: West Pharma, Sonos, Thermo Fisher and TransDigm

Today's “Halftime Report” Investment Committee, Steve Weiss, Joe Terranova, Brian Belski and Karen Firestone give their top picks to watch for the second half.

Other symbols: SONOTDGTMO
2 months ago - CNBC Television

West Named to Newsweek's America's Greatest Workplaces 2024 for Diversity

This award recognizes West's global impact and long-standing commitment to diversity, equity and inclusion. EXTON, Pa.

2 months ago - PRNewsWire

West to Host Fourth-Quarter and Full-Year 2023 Conference Call

EXTON, Pa. , Feb. 1, 2024 /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative solutions for injectable drug administration, today announced that it will relea...

3 months ago - PRNewsWire

West Announces First-Quarter 2024 Dividend

EXTON, Pa. , Dec. 6, 2023 /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative solutions for injectable drug administration, announced today that the Company's...

5 months ago - PRNewsWire

West Receives FDA 510(k) Clearance for Vial2Bag Advanced® 13mm Admixture Device

West expands administration systems portfolio with new smaller size needle-free admixture device for immediate use IV drug transfer designed to maximize the benefits of point-of-care nursing. EXTON, P...

5 months ago - PRNewsWire

67 Best Dividend Stocks for Dependable Dividend Growth

The highest yield isn't everything when it comes to finding the best dividend stocks. Income investors know there's no substitute for regular dividend increases over the long haul.

6 months ago - Kiplinger

Weight-loss drugs in spotlight as pharma services firms rush to snap up business

Soaring demand for obesity drugs was in the spotlight at the world's largest trade show for the pharmaceutical services industry this week, as it fuels a boom for firms that fill and assemble the self...

Other symbols: LLYNVO
6 months ago - Reuters

Medical equipment maker West Pharmaceutical raises 2023 profit forecast

Medical equipment maker West Pharmaceutical Services on Thursday raised its 2023 adjusted profit forecast for a third time, benefiting from a stronger dollar.

6 months ago - Reuters

West Announces Third-Quarter 2023 Results, Updates Full-Year 2023 Guidance and Declares Fourth-Quarter 2023 Dividend

- Conference Call Scheduled for 9 a.m. EDT Today - EXTON, Pa.

6 months ago - PRNewsWire

West to Attend and Showcase Industry Leadership in Packaging and Containment at CPHI Worldwide Conference

EXTON, Pa. , Oct. 23, 2023 /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative solutions for injectable drug administration, today announced its participation...

6 months ago - PRNewsWire

West to Present on Development of Large Volume Delivery Systems, Self-injection Devices, and Prefillable Syringe Component Expertise at the PDA Conference

Expert presentations and posters offer thought leadership in drug delivery innovation, patient adherence and pharmaceutical manufacturing  EXTON, Pa. , Oct. 16, 2023 /PRNewswire/ --  West Pharmaceutic...

6 months ago - PRNewsWire

West to Host Third-Quarter 2023 Conference Call

EXTON, Pa. , Oct. 12, 2023 /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative solutions for injectable drug administration, today announced that it will rele...

7 months ago - PRNewsWire

Final Trades: WST, BIIB, SPY & MDT

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Other symbols: BIIBMDTSPY
7 months ago - CNBC Television

Which Is A Better Pick – Corning Stock Or West Pharmaceutical Services?

Although these companies are from different sectors, we compare them because they have a similar market capitalization of around $30 billion.

Other symbols: GLW
7 months ago - Forbes

West to Participate in Upcoming Investor Conference

EXTON, Pa. , Sept. 7, 2023 /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative solutions for injectable drug administration, today announced that it will pres...

8 months ago - PRNewsWire

In a Tough Year for Pharma, These 6 Stocks Are Shining

For investors, tracking the stocks that are up in what has otherwise been a grim year for drugmakers can help identify trends in the market.

Other symbols: IQVLLYREGNVRTXZTS
9 months ago - Barrons