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After finishing at $7.00 in the prior trading day, Ranpak Holdings Corp (NYSE: PACK) closed at $7.11, up 1.57%. In other words, the price has increased by $1.57 from its previous closing price. On the day, 74506.0 shares were traded. PACK stock price reached its highest trading level at $7.13 during the session, while it also had its lowest trading level at $6.955.
Ratios:
Our goal is to gain a better understanding of PACK 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 8.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.83. For the most recent quarter (mrq), Quick Ratio is recorded 2.01 and its Current Ratio is at 2.36. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.75.
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:
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 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 591960128 and an Enterprise Value of 953625024. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.61 while its Price-to-Book (P/B) ratio in mrq is 1.05. Its current Enterprise Value per Revenue stands at 2.692 whereas that against EBITDA is 20.959.
Stock Price History:
Over the past 52 weeks, PACK has reached a high of $9.04, while it has fallen to a 52-week low of $3.85. The 50-Day Moving Average of the stock is 1.86%, while the 200-Day Moving Average is calculated to be 3.56%.
Shares Statistics:
The stock has traded on average 249.50K shares per day over the past 3-months and 230400 shares per day over the last 10 days, according to various share statistics. A total of 80.31M shares are outstanding, with a floating share count of 73.44M. Insiders hold about 11.79% of the company’s shares, while institutions hold 84.51% stake in the company. Shares short for PACK as of 1732838400 were 957570 with a Short Ratio of 3.84, compared to 1730332800 on 1252919. Therefore, it implies a Short% of Shares Outstanding of 957570 and a Short% of Float of 2.22.
