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The closing price of Ranpak Holdings Corp (NYSE: PACK) was $5.28 for the day, up 2.33% from the previous closing price of $5.16. In other words, the price has increased by $2.33 from its previous closing price. On the day, 0.9 million shares were traded. PACK stock price reached its highest trading level at $5.36 during the session, while it also had its lowest trading level at $5.1391.
Ratios:
Our analysis of PACK’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.74. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.78.
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 445451456 and an Enterprise Value of 827529024. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 0.83. Its current Enterprise Value per Revenue stands at 2.174 whereas that against EBITDA is 15.914.
Stock Price History:
The Beta on a monthly basis for PACK is 2.78, which has changed by -0.2072072 over the last 52 weeks, in comparison to a change of 0.16844666 over the same period for the S&P500. Over the past 52 weeks, PACK has reached a high of $8.70, while it has fallen to a 52-week low of $2.91. The 50-Day Moving Average of the stock is 32.34%, while the 200-Day Moving Average is calculated to be -0.24%.
Shares Statistics:
PACK traded an average of 634.28K shares per day over the past three months and 1865830 shares per day over the past ten days. A total of 84.35M shares are outstanding, with a floating share count of 76.89M. Insiders hold about 8.85% of the company’s shares, while institutions hold 82.17% stake in the company. Shares short for PACK as of 1755216000 were 2077832 with a Short Ratio of 3.28, compared to 1752537600 on 1975821. Therefore, it implies a Short% of Shares Outstanding of 2077832 and a Short% of Float of 4.44.
Earnings Estimates
Current recommendations for the stock of the company come from 1.0 analysts. The consensus estimate for the next quarter is $0.06, with high estimates of $0.06 and low estimates of $0.06.
Analysts are recommending an EPS of between -$0.12 and -$0.12 for the fiscal current year, implying an average EPS of -$0.12. EPS for the following year is -$0.03, with 1.0 analysts recommending between -$0.03 and -$0.03.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $101.9M to a low estimate of $97.92M. As of the current estimate, Ranpak Holdings Corp’s year-ago sales were $92.2MFor the next quarter, 3 analysts are estimating revenue of $119.41M. There is a high estimate of $120.2M for the next quarter, whereas the lowest estimate is $118.03M.
A total of 3 analysts have provided revenue estimates for PACK’s current fiscal year. The highest revenue estimate was $405.6M, while the lowest revenue estimate was $399.45M, resulting in an average revenue estimate of $402.82M. In the same quarter a year ago, actual revenue was $368.9MBased on 3 analysts’ estimates, the company’s revenue will be $435.45M in the next fiscal year. The high estimate is $443.7M and the low estimate is $429.9M.
