Packaging Corp Of America (NYSE: PKG) has a higher price-to-earnings ratio of 26.65x compared to its average ratio, The 36-month beta value for PKG is at 0.80. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 as “hold,” and 1 as “sell.”
The public float for PKG is 88.12M, and currently, shorts hold a 1.43% of that float. The average trading volume for PKG on January 10, 2025 was 668.57K shares.
PKG) stock’s latest price update
The stock of Packaging Corp Of America (NYSE: PKG) has increased by 1.13 when compared to last closing price of 225.98. Despite this, the company has experienced a 1.51% gain in its stock price over the last five trading sessions. zacks.com reported 2025-01-08 that Packaging Corp. (PKG) is well positioned to outperform the market, as it exhibits above-average growth in financials.
PKG’s Market Performance
Packaging Corp Of America (PKG) has seen a 1.51% rise in stock performance for the week, with a -5.90% decline in the past month and a 6.13% surge in the past quarter. The volatility ratio for the week is 1.37%, and the volatility levels for the past 30 days are at 1.63% for PKG. The simple moving average for the last 20 days is -0.71% for PKG stock, with a simple moving average of 11.84% for the last 200 days.
Analysts’ Opinion of PKG
Many brokerage firms have already submitted their reports for PKG stocks, with Jefferies repeating the rating for PKG by listing it as a “Buy.” The predicted price for PKG in the upcoming period, according to Jefferies is $280 based on the research report published on December 18, 2024 of the previous year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see PKG reach a price target of $191, previously predicting the price at $187. The rating they have provided for PKG stocks is “Overweight” according to the report published on April 24th, 2024.
Exane BNP Paribas gave a rating of “Neutral” to PKG, setting the target price at $182 in the report published on April 12th of the previous year.
PKG Trading at -3.02% from the 50-Day Moving Average
After a stumble in the market that brought PKG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.88% of loss for the given period.
Volatility was left at 1.63%, however, over the last 30 days, the volatility rate increased by 1.37%, as shares sank -4.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.19% upper at present.
During the last 5 trading sessions, PKG rose by +1.51%, which changed the moving average for the period of 200-days by +23.72% in comparison to the 20-day moving average, which settled at $230.18. In addition, Packaging Corp Of America saw 1.51% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PKG starting from Vaughn Joseph, who sale 2,300 shares at the price of $244.89 back on Dec 03 ’24. After this action, Vaughn Joseph now owns 9,197 shares of Packaging Corp Of America, valued at $563,253 using the latest closing price.
JOSEPH W VAUGHN, the Officer of Packaging Corp Of America, proposed sale 2,300 shares at $244.89 during a trade that took place back on Dec 03 ’24, which means that JOSEPH W VAUGHN is holding shares at $563,253 based on the most recent closing price.
Stock Fundamentals for PKG
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.21 for the gross margin
The net margin for Packaging Corp Of America stands at 0.09. The total capital return value is set at 0.15. Equity return is now at value 18.83, with 9.07 for asset returns.
Based on Packaging Corp Of America (PKG), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 0.49. The debt to equity ratio resting at 0.58. The interest coverage ratio of the stock is 27.38.
Currently, EBITDA for the company is 1.59 billion with net debt to EBITDA at 1.31. When we switch over and look at the enterprise to sales, we see a ratio of 2.76. The receivables turnover for the company is 6.72for trailing twelve months and the total asset turnover is 0.93. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.95.
Conclusion
In conclusion, Packaging Corp Of America (PKG) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
