West Pharmaceutical Services (NYSE:WST) to Buyback $1.00 billion in Outstanding Shares

Market Beat
2026.02.18 03:13
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West Pharmaceutical Services (NYSE:WST) has announced a $1.00 billion share buyback program, allowing the company to repurchase up to 5.6% of its outstanding shares. This decision reflects the board's belief that the stock is undervalued. The company's stock recently traded down 2.9% to $243.27, with a market cap of $17.50 billion. West reported a quarterly EPS of $2.04, exceeding estimates, and has set FY 2026 guidance at 7.850-8.200 EPS. Analysts have mixed ratings on the stock, with an average target price of $314.56.