Throughout the last three months, 5 analysts have evaluated Packaging Corp of America PKG, offering a diverse set of opinions from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 1 | 2 | 0 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 1 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 1 | 1 | 0 | 0 |
3M Ago | 0 | 0 | 1 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $192.6, along with a high estimate of $208.00 and a low estimate of $181.00. Marking an increase of 3.55%, the current average surpasses the previous average price target of $186.00.
Decoding Analyst Ratings: A Detailed Look
The standing of Packaging Corp of America among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
George Staphos | B of A Securities | Raises | Buy | $200.00 | $197.00 |
Michael Roxland | Truist Securities | Raises | Buy | $208.00 | $191.00 |
Anthony Pettinari | Citigroup | Lowers | Neutral | $181.00 | $183.00 |
Gabe Hajde | Wells Fargo | Raises | Overweight | $191.00 | $187.00 |
Anthony Pettinari | Citigroup | Raises | Neutral | $183.00 | $172.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Packaging Corp of America. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Packaging Corp of America compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Packaging Corp of America's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
To gain a panoramic view of Packaging Corp of America's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Packaging Corp of America analyst ratings.
Get to Know Packaging Corp of America Better
Packaging Corp of America is the third-largest containerboard and corrugated packaging manufacturer in the United States. It produces over 4.5 million tons of containerboard annually. The company's share of the domestic containerboard market is roughly 10%. The firm differentiates itself from larger competitors by focusing on smaller customers and operating with a high degree of flexibility.
Key Indicators: Packaging Corp of America's Financial Health
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Over the 3 months period, Packaging Corp of America showcased positive performance, achieving a revenue growth rate of 0.16% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Materials sector.
Net Margin: Packaging Corp of America's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.37% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Packaging Corp of America's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 3.63%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Packaging Corp of America's ROA excels beyond industry benchmarks, reaching 1.66%. This signifies efficient management of assets and strong financial health.
Debt Management: Packaging Corp of America's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.78.
What Are Analyst Ratings?
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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