Last updated 2024-09-19 04:29:31 (EDT)

Quarterly Revenue Trend Analysis

Growth Trend of Quarterly Revenue for West Pharmaceutical Services, Inc. (WST).

Trend Chart of Adjusted Quarterly Revenue vs. Stock Price Trend Chart for West Pharmaceutical Services, Inc. (WST)
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Seasonally Adjusted Quarterly Revenue Growth Rate tooltip

Quarter-over-Quarter Revenue Growth Rate-3.2%
Year-over-Year Quarterly Revenue Growth Rate-6.9%
As of 2024-06-30

Correlation Analysis between Quarterly Revenue and Stock Price

Analyze the correlation between West Pharmaceutical Services, Inc.(WST) stock price and seasonally adjusted quarterly revenue. If there is a moderate to high correlation, the overall seasonally adjusted quarterly revenue can be used to estimate whether the stock price is reasonable.

Scatter Plot of Seasonally Adjusted Quarterly Revenue vs. Stock Price for West Pharmaceutical Services, Inc. (WST)

Seasonally Adjusted Quarterly Revenue and stock price of West Pharmaceutical Services, Inc. (WST) show a High Correlation. The higher the correlation, the greater the reference value.

The Coefficient of Determination
between Seasonally Adjusted Quarterly Revenue and Stock Price

High Correlation 0.85

Disclaimer

1. The information provided is for reference only and does not constitute any guarantee of profits or specific stock and price point recommendations.

2. The information is not complete; for comprehensive data, please refer to the relevant websites.

3. All stock market data analyses are subject to survivorship bias.

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