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The price of Ranpak Holdings Corp (NYSE: PACK) closed at $3.65 in the last session, down -8.75% from day before closing price of $4.0. In other words, the price has decreased by -$8.75 from its previous closing price. On the day, 0.68 million shares were traded. PACK stock price reached its highest trading level at $4.05 during the session, while it also had its lowest trading level at $3.65.
Ratios:
We take a closer look at PACK’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.38 and its Current Ratio is at 1.78. 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.
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 307450848 and an Enterprise Value of 672750976. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 0.56. Its current Enterprise Value per Revenue stands at 1.795 whereas that against EBITDA is 11.949.
Stock Price History:
The Beta on a monthly basis for PACK is 2.71, which has changed by -0.5296392 over the last 52 weeks, in comparison to a change of 0.18569505 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 $2.91. The 50-Day Moving Average of the stock is 1.50%, while the 200-Day Moving Average is calculated to be -33.38%.
Shares Statistics:
According to the various share statistics, PACK traded on average about 419.06K shares per day over the past 3-months and 340020 shares per day over the past 10 days. A total of 84.22M shares are outstanding, with a floating share count of 75.99M. Insiders hold about 9.79% of the company’s shares, while institutions hold 85.82% stake in the company. Shares short for PACK as of 1752537600 were 1975821 with a Short Ratio of 4.71, compared to 1749772800 on 1986337. Therefore, it implies a Short% of Shares Outstanding of 1975821 and a Short% of Float of 4.24.
Earnings Estimates
A comprehensive evaluation of Ranpak Holdings Corp (PACK) is underway, with the input of 1.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $0.01, with high estimates of $0.01 and low estimates of $0.01.
Analysts are recommending an EPS of between -$0.07 and -$0.07 for the fiscal current year, implying an average EPS of -$0.07. EPS for the following year is $0.01, with 1.0 analysts recommending between $0.01 and $0.01.
Revenue Estimates
According to 3 analysts, the current quarter’s revenue is expected to be $94.45M. It ranges from a high estimate of $95.9M to a low estimate of $93.56M. As of the current estimate, Ranpak Holdings Corp’s year-ago sales were $86.4MFor the next quarter, 3 analysts are estimating revenue of $100.37M. There is a high estimate of $102.51M for the next quarter, whereas the lowest estimate is $98.6M.
A total of 3 analysts have provided revenue estimates for PACK’s current fiscal year. The highest revenue estimate was $401.6M, while the lowest revenue estimate was $390M, resulting in an average revenue estimate of $396.71M. In the same quarter a year ago, actual revenue was $368.9MBased on 3 analysts’ estimates, the company’s revenue will be $429.52M in the next fiscal year. The high estimate is $431.75M and the low estimate is $427.1M.
