The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The closing price of Ranpak Holdings Corp (NYSE: PACK) was $5.35 for the day, up 5.73% from the previous closing price of $5.06. In other words, the price has increased by $5.73 from its previous closing price. On the day, 0.74 million shares were traded. PACK stock price reached its highest trading level at $5.385 during the session, while it also had its lowest trading level at $5.02.
Ratios:
Our analysis of PACK’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.74. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.78.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of . The stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on December 19, 2024, initiated with a Overweight rating and assigned the stock a target price of $11.50.
On August 14, 2024, Robert W. Baird Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $10. On August 24, 2021, Goldman started tracking the stock assigning a Neutral rating and target price of $32.Goldman initiated its Neutral rating on August 24, 2021, with a $32 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PACK now has a Market Capitalization of 451356768 and an Enterprise Value of 833434304. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.19 while its Price-to-Book (P/B) ratio in mrq is 0.84. Its current Enterprise Value per Revenue stands at 2.189 whereas that against EBITDA is 16.028.
Stock Price History:
The Beta on a monthly basis for PACK is 2.83, which has changed by -0.1548183 over the last 52 weeks, in comparison to a change of 0.1675967 over the same period for the S&P500. Over the past 52 weeks, PACK has reached a high of $8.70, while it has fallen to a 52-week low of $2.91. The 50-Day Moving Average of the stock is 22.15%, while the 200-Day Moving Average is calculated to be 4.55%.
Shares Statistics:
PACK traded an average of 720.40K shares per day over the past three months and 656540 shares per day over the past ten days. A total of 84.35M shares are outstanding, with a floating share count of 76.89M. Insiders hold about 8.85% of the company’s shares, while institutions hold 82.17% stake in the company. Shares short for PACK as of 1756425600 were 2706510 with a Short Ratio of 3.76, compared to 1753920000 on 1947651. Therefore, it implies a Short% of Shares Outstanding of 2706510 and a Short% of Float of 5.79.
Earnings Estimates
Current recommendations for the stock of the company come from 1.0 analysts. The consensus estimate for the next quarter is $0.06, with high estimates of $0.06 and low estimates of $0.06.
Analysts are recommending an EPS of between -$0.12 and -$0.12 for the fiscal current year, implying an average EPS of -$0.12. EPS for the following year is -$0.03, with 1.0 analysts recommending between -$0.03 and -$0.03.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $101.9M to a low estimate of $97.92M. As of the current estimate, Ranpak Holdings Corp’s year-ago sales were $92.2MFor the next quarter, 3 analysts are estimating revenue of $119.41M. There is a high estimate of $120.2M for the next quarter, whereas the lowest estimate is $118.03M.
A total of 3 analysts have provided revenue estimates for PACK’s current fiscal year. The highest revenue estimate was $405.6M, while the lowest revenue estimate was $399.45M, resulting in an average revenue estimate of $402.82M. In the same quarter a year ago, actual revenue was $368.9MBased on 3 analysts’ estimates, the company’s revenue will be $435.45M in the next fiscal year. The high estimate is $443.7M and the low estimate is $429.9M.
