In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Ranpak Holdings Corp (NYSE: PACK) closed at $4.37 down -16.12% from its previous closing price of $5.21. In other words, the price has decreased by -$16.12 from its previous closing price. On the day, 0.64 million shares were traded. PACK stock price reached its highest trading level at $4.9 during the session, while it also had its lowest trading level at $4.335.
Ratios:
For a deeper understanding of Ranpak Holdings Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.89 and its Current Ratio is at 2.21. In the meantime, Its Debt-to-Equity ratio is 0.79 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:
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 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 365374816 and an Enterprise Value of 720474752. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 0.66. Its current Enterprise Value per Revenue stands at 1.953 whereas that against EBITDA is 11.328.
Stock Price History:
The Beta on a monthly basis for PACK is 2.77, which has changed by -0.4317295 over the last 52 weeks, in comparison to a change of 0.036926866 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 $5.02. The 50-Day Moving Average of the stock is -32.85%, while the 200-Day Moving Average is calculated to be -34.95%.
Shares Statistics:
For the past three months, PACK has traded an average of 680.23K shares per day and 441730 over the past ten days. A total of 83.27M shares are outstanding, with a floating share count of 75.60M. Insiders hold about 9.58% of the company’s shares, while institutions hold 84.85% stake in the company. Shares short for PACK as of 1741910400 were 1940228 with a Short Ratio of 2.85, compared to 1739491200 on 1476953. Therefore, it implies a Short% of Shares Outstanding of 1940228 and a Short% of Float of 4.19.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
