In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Ranpak Holdings Corp (NYSE: PACK) closed at $3.01 down -29.84% from its previous closing price of $4.29. In other words, the price has decreased by -$29.84 from its previous closing price. On the day, 3.37 million shares were traded.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 0.46.
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 $3.38. The 50-Day Moving Average of the stock is -40.17%, while the 200-Day Moving Average is calculated to be -53.20%.
Shares Statistics:
A total of 83.27M shares are outstanding, with a floating share count of 76.14M. Insiders hold about 9.60% of the company’s shares, while institutions hold 84.30% stake in the company.
Earnings Estimates
The stock of Ranpak Holdings Corp (PACK) is currently being evaluated by 1.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$0.06 and -$0.06 for the fiscal current year, implying an average EPS of -$0.06. EPS for the following year is $0.03, with 1.0 analysts recommending between $0.03 and $0.03.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $94.6M this quarter.It ranges from a high estimate of $94.6M to a low estimate of $94.6M. As of the current estimate, Ranpak Holdings Corp’s year-ago sales were $86.4MFor the next quarter, 1 analysts are estimating revenue of $96.8M. There is a high estimate of $96.8M for the next quarter, whereas the lowest estimate is $96.8M.
A total of 1 analysts have provided revenue estimates for PACK’s current fiscal year. The highest revenue estimate was $392.4M, while the lowest revenue estimate was $392.4M, resulting in an average revenue estimate of $392.4M. In the same quarter a year ago, actual revenue was $368.9MBased on 3 analysts’ estimates, the company’s revenue will be $426M in the next fiscal year. The high estimate is $436.5M and the low estimate is $412M.
