The Graphic Packaging Holding Company (NYSE:GPK) is going up by 0.94% in today’s trading session, a rise equivalent to 0.12% of the stock’s price from yesterday’s market close. A news came out on 08/08/19 stating that Graphic Packaging Holding Company Announces Approval to Invest $600 Million in a New Coated Recycled Board Machine in the Midwest by WSJ. The lowest point that the shares touched during the trading session was $12.67, while the peak of the day was recorded at a share price of $13.12. GPK finished the previous session at $12.75 according to the data provided by Barchart, while the trading volume was observed to be $1,456,324.
In the 100 days of trading, GPK managed to top a 13.65% Moving average. Additionally, Graphic Packaging Holding Company shares have achieved a 52-week range between 10.04 and 15.58 alongside 100 days raw stochastic set at 12.22%.
The number of shares outstanding, according to the fundamentals of the company, is set at 307.52M, equal to the value of $3.92B in market capitalization. Financial analysts indicate that GPK shares should be still ranked as a “Outperform”. In the last 30 days, Graphic Packaging Holding Company shares went down by -17.52%, adding 15.58 to growth in value, on top of a +1.42% boost since 07/15/19.
Graphic Packaging Holding Company (NYSE:GPK) Analyst’s Estimates
Graphic Packaging Holding Company (GPK) could record at least $0.19 per share in quarterly earnings in the upcoming report on 10/22/2019, a number that would actually represent an increase of 14.97% YOY.
According to the average analyst rating, Graphic Packaging Holding Company would be rated as 1.80. Out of 15 different analysts monitoring GPK stock, 7 analysts rate the stock as a BUY, 4 suggest to give the rating of HOLD, 4 indicate that GPK is an OUTPERFORM, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERPERFORM.
On Jan-04-19, the stock earned a Initiated rating due to a new analyst call from UBS, while analysts from Seaport Global Securities believe that the stock is set at Neutral, as concluded on Dec-11-18. Jefferies, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on May-18-18.
Jefferies, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Jan-20-17, giving the stock a Hold from the Buy rating.
GPK Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +15.70% has been attained, while the operating margin has been recorded at +7.97%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 3.71%. Beta value of the stock is recorded at 1.35. Additionally, Graphic Packaging Holding Company is recording price volatility of 3.77% for the period of the last seven days and 2.69% in the last 30 days.
Graphic Packaging Holding Company (NYSE:GPK) Technical Outlook
For the period of the last 50 days, Graphic Packaging Holding Company had its Raw Stochastic average set at 6.19% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 6.19%. Stochastic %K for Graphic Packaging Holding Company, with the last 20 days included, was set at 5.93%, having Stochastic %D topping 5.31%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for Graphic Packaging Holding Company stocks with recording -9.70% in metrics.
Graphic Packaging Holding Company Insider Watch:
As far as the position of shares issued by Graphic Packaging Holding Company (NYSE:GPK) for the period concluded at the market close of 08/14/19, 133 institutional investors increased their positions in GPK shares by 27,340,477, 139 decreased positions by 60,586,946 and 34 institutional investors decided to hold positions at 239,262,492. These numbers put the complete list of institutional holdings set at 327,189,915 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 46 institutional investments with 5,080,474 new shares in addition to having 41 institutional investors selling their positions in 6,216,397 shares.