Professional
Added to YB: 2024-08-05
Pitch date: 2024-06-30
WST [bullish]
West Pharmaceutical Services, Inc.
-17.61%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$19.5B
Pitch Price
$329.95
Price Target
N/A
Dividend
0.32%
EV/EBITDA
22.44
P/E
40.15
EV/Sales
6.35
Sector
Life Sciences Tools and Services
Category
growth
Artisan Mid Cap Fundy Added On Position: West Pharmaceutical Services, Inc.
WST: Leading injectable pharma packaging supplier. 100% participation in new biologics. Growth masked by COVID vax decline & customer destocking. Reacceleration expected H2 2024 on capacity expansion for GLP-1 drugs. Long-term tailwinds: shift to higher value-add components. Added to position on attractive valuation & nearing profit acceleration.
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