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After finishing at $185.61 in the prior trading day, Packaging Corp Of America (NYSE: PKG) closed at $183.37, down -1.21%. In other words, the price has decreased by -$1.21 from its previous closing price. On the day, 0.72 million shares were traded. PKG stock price reached its highest trading level at $187.26 during the session, while it also had its lowest trading level at $183.145.
Ratios:
Our goal is to gain a better understanding of PKG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.62. 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:
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 16490114048 and an Enterprise Value of 18334785536. As of this moment, Packaging’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.20, and their Forward P/E ratio for the next fiscal year is 16.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.93 while its Price-to-Book (P/B) ratio in mrq is 3.74. Its current Enterprise Value per Revenue stands at 2.146 whereas that against EBITDA is 10.39.
Stock Price History:
The Beta on a monthly basis for PKG is 0.87, which has changed by 0.04027915 over the last 52 weeks, in comparison to a change of 0.092895746 over the same period for the S&P500. Over the past 52 weeks, PKG has reached a high of $250.82, while it has fallen to a 52-week low of $172.37. The 50-Day Moving Average of the stock is -6.25%, while the 200-Day Moving Average is calculated to be -13.99%.
Shares Statistics:
The stock has traded on average 962.25K shares per day over the past 3-months and 924370 shares per day over the last 10 days, according to various share statistics. A total of 89.93M shares are outstanding, with a floating share count of 88.06M. Insiders hold about 2.08% of the company’s shares, while institutions hold 90.83% stake in the company. Shares short for PKG as of 1744675200 were 1532881 with a Short Ratio of 1.59, compared to 1741910400 on 1135700. Therefore, it implies a Short% of Shares Outstanding of 1532881 and a Short% of Float of 2.2399999999999998.
Dividends & Splits
In the trailing 12 months, PKG’s forward annual dividend rate was 3.75, compared to 5.00 this year. Against a Trailing Annual Dividend Yield of 0.020203652The stock’s 5-year Average Dividend Yield is 2.9.
