Last Updated: 20 Sep 2024
Executive Summary
Packaging Corp of America (PKG) is a leading American manufacturing company with a market capitalization of $19.37 billion. The company has a strong financial performance, with an EBITDA of $1.55 billion, EPS of $7.97, and a dividend yield of 0.0235%. PKG's stock is currently trading at $215.66, within its 52-week range of $139.98 to $217.69.
Company Overview
PKG is a leading manufacturer of containerboard, corrugated packaging, and other paper-based products. The company has a global presence, with operations in North America, South America, and Europe. PKG's customers include a wide range of industries, including food and beverage, consumer products, and industrial goods.
Fundamental Analysis
PKG has a strong financial position, with a trailing PE ratio of 27.06 and a forward PE ratio of 20.04. The company's profit margin is 9.06%, and its operating margin is 13.7%. PKG has a return on assets of 7.61% and a return on equity of 18%.
The company's revenue has grown by 6.3% over the past year, and its earnings per share have grown by 1.3%. PKG's dividend per share has remained stable at $5.00 over the past year.
Technical Analysis
PKG's stock price has been in a bullish trend over the past year. The stock is currently trading above its 50-day and 200-day moving averages. The relative strength index (RSI) is at 60, indicating that the stock is overbought.
Short Term Outlook
In the short term, PKG's stock is expected to continue to trade in a bullish trend. The stock is trading above its key moving averages, and the RSI is indicating that the stock is overbought. However, the stock is approaching its 52-week high, and it may be due for a pullback.
Long Term Outlook
In the long term, PKG's stock is expected to continue to perform well. The company has a strong financial position, and its business is well-positioned to benefit from the growing demand for packaging products.
Analyst Recommendations
Analysts have a consensus rating of "Buy" on PKG's stock. The average analyst target price is $203.8, which represents a potential upside of 5.5% from the current price.
