Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Packaging Corp Of America (NYSE: PKG) closed at $195.77 up 0.74% from its previous closing price of $194.34. In other words, the price has increased by $0.74 from its previous closing price. On the day, 0.63 million shares were traded. PKG stock price reached its highest trading level at $199.33 during the session, while it also had its lowest trading level at $195.495.
Ratios:
For a deeper understanding of Packaging Corp Of America’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.60. For the most recent quarter (mrq), Quick Ratio is recorded 1.71 and its Current Ratio is at 2.43. In the meantime, Its Debt-to-Equity ratio is 0.77 whereas as Long-Term Debt/Eq ratio is at 0.65.
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, Wells Fargo on April 24, 2024, Upgraded its rating to Overweight and sets its target price to $191 from $187 previously.
On April 12, 2024, Exane BNP Paribas Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $182.
BofA Securities Upgraded its Neutral to Buy on March 04, 2024, whereas the target price for the stock was revised from $172 to $202.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 25 ’24 when Carter Charles J. sold 5,389 shares for $196.28 per share. The transaction valued at 1,057,753 led to the insider holds 25,539 shares of the business.
Shirley Donald R. sold 6,000 shares of PKG for $1,177,680 on Jul 25 ’24. The SVP now owns 20,772 shares after completing the transaction at $196.28 per share. On May 15 ’24, another insider, GOWLAND KAREN E, who serves as the Director of the company, bought 300 shares for $182.06 each. As a result, the insider paid 54,618 and bolstered with 916 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PKG now has a Market Capitalization of 17582456832 and an Enterprise Value of 19384174592. As of this moment, Packaging’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.58, and their Forward P/E ratio for the next fiscal year is 18.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.22 while its Price-to-Book (P/B) ratio in mrq is 4.26. Its current Enterprise Value per Revenue stands at 2.445 whereas that against EBITDA is 12.53.
Stock Price History:
Over the past 52 weeks, PKG has reached a high of $201.99, while it has fallen to a 52-week low of $143.82. The 50-Day Moving Average of the stock is 4.02%, while the 200-Day Moving Average is calculated to be 11.33%.
Shares Statistics:
For the past three months, PKG has traded an average of 546.11K shares per day and 536490 over the past ten days. A total of 89.62M shares are outstanding, with a floating share count of 87.94M. Insiders hold about 2.08% of the company’s shares, while institutions hold 92.02% stake in the company. Shares short for PKG as of 1722384000 were 1371587 with a Short Ratio of 2.51, compared to 1719532800 on 1375289. Therefore, it implies a Short% of Shares Outstanding of 1371587 and a Short% of Float of 2.01.
Dividends & Splits
According to the company, the forward annual dividend rate for PKG is 5.00, from 5.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.025728106The stock’s 5-year Average Dividend Yield is 3.02.
