Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Ranpak Holdings Corp (NYSE: PACK) was $6.08 for the day, up 0.83% from the previous closing price of $6.03. In other words, the price has increased by $0.83 from its previous closing price. On the day, 0.67 million shares were traded. PACK stock price reached its highest trading level at $6.23 during the session, while it also had its lowest trading level at $5.91.
Ratios:
Our analysis of PACK’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 61.25. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 2.22. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.77.
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.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 30 ’24 when Jones Michael Anthony sold 15,625 shares for $6.41 per share. The transaction valued at 100,156 led to the insider holds 214,859 shares of the business.
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 508343936 and an Enterprise Value of 861365568. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.38 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 2.335 whereas that against EBITDA is 15.354.
Stock Price History:
The Beta on a monthly basis for PACK is 2.64, which has changed by -0.1727891 over the last 52 weeks, in comparison to a change of 0.087141395 over the same period for the S&P500. Over the past 52 weeks, PACK has reached a high of $9.04, while it has fallen to a 52-week low of $5.52. The 50-Day Moving Average of the stock is -10.95%, while the 200-Day Moving Average is calculated to be -10.08%.
Shares Statistics:
PACK traded an average of 628.89K shares per day over the past three months and 734270 shares per day over the past ten days. A total of 83.27M shares are outstanding, with a floating share count of 75.39M. Insiders hold about 9.83% of the company’s shares, while institutions hold 84.90% stake in the company. Shares short for PACK as of 1740700800 were 1694762 with a Short Ratio of 2.69, compared to 1738281600 on 1446772. Therefore, it implies a Short% of Shares Outstanding of 1694762 and a Short% of Float of 3.66.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
