For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Packaging Corp Of America (NYSE: PKG) closed the day trading at $184.69 down -0.93% from the previous closing price of $186.42. In other words, the price has decreased by -$0.93 from its previous closing price. On the day, 1.56 million shares were traded.
Ratios:
For a better understanding of PKG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.85. For the most recent quarter (mrq), Quick Ratio is recorded 2.10 and its Current Ratio is at 3.23. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.61.
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 the company, Jefferies on December 18, 2024, Upgraded its rating to Buy and sets its target price to $280 from $215 previously.
On April 24, 2024, Wells Fargo Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $187 to $191.
Exane BNP Paribas Downgraded its Outperform to Neutral on April 12, 2024, while the target price for the stock was maintained at $182.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 03 ’24 when Vaughn Joseph sold 2,300 shares for $244.89 per share. The transaction valued at 563,253 led to the insider holds 9,197 shares of the business.
JOSEPH W VAUGHN bought 2,300 shares of PKG for $563,253 on Dec 03 ’24. On Nov 21 ’24, another insider, STECKO PAUL T, who serves as the Director of the company, sold 10,500 shares for $244.91 each. As a result, the insider received 2,571,555 and left with 8,881 shares of the company.
Valuation Measures:
As of this moment, Packaging’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.69, and their Forward P/E ratio for the next fiscal year is 15.78. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.98 while its Price-to-Book (P/B) ratio in mrq is 3.77.
Stock Price History:
Over the past 52 weeks, PKG has reached a high of $250.82, while it has fallen to a 52-week low of $169.00. The 50-Day Moving Average of the stock is -6.98%, while the 200-Day Moving Average is calculated to be -13.32%.
Shares Statistics:
A total of 89.80M shares are outstanding, with a floating share count of 88.07M. Insiders hold about 2.06% of the company’s shares, while institutions hold 91.39% stake in the company.
