Graphic Packaging Holding Co (GPK) is -4.16% away from 50-day simple Moving Average despite all headwinds

A new trading day began on Friday, with Graphic Packaging Holding Co (NYSE: GPK) stock price up 24.77% from the previous day of trading, before settling in for the closing price of $28.33. GPK’s price has ranged from $20.07 to $27.56 over the past 52 weeks.

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Annual sales at Consumer Cyclical sector company grew by 12.42% over the past five years. Meanwhile, its annual earnings per share averaged 22.26%. With a float of $302.38 million, this company’s outstanding shares have now reached $307.12 million.

Let’s look at the performance matrix of the company that is accounted for Dec 14 2023 employees.

Graphic Packaging Holding Co (GPK) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Packaging & Containers Industry. The insider ownership of Graphic Packaging Holding Co is 1.20%, while institutional ownership is 102.02%. The most recent insider transaction that took place on May 09, was worth 4,142,299. In this transaction EVP and CFO of this company sold 160,492 shares at a rate of $25.81, taking the stock ownership to the 427,548 shares. Before that another transaction happened on Feb 28, when Company’s EVP & President, International sold 60,000 for $23.99, making the entire transaction worth $1,439,400. This insider now owns 209,250 shares in total.

Graphic Packaging Holding Co (GPK) Latest Financial update

In its latest quarterly report, released on 9/29/2023, the company reported earnings of $0.74 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.67 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 22.26% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.00% during the next five years compared to 11.93% growth over the previous five years of trading.

Graphic Packaging Holding Co (NYSE: GPK) Trading Performance Indicators

Here are Graphic Packaging Holding Co’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.79. Likewise, its price to free cash flow for the trailing twelve months is 15.93.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.21, a number that is poised to hit 0.70 in the next quarter and is forecasted to reach 2.75 in one year’s time.

Technical Analysis of Graphic Packaging Holding Co (GPK)

Graphic Packaging Holding Co (NYSE: GPK) saw its 5-day average volume 2.88 million, a positive change from its year-to-date volume of 2.8 million. As of the previous 9 days, the stock’s Stochastic %D was 23.40%. Additionally, its Average True Range was 0.48.

During the past 100 days, Graphic Packaging Holding Co’s (GPK) raw stochastic average was set at 74.78%, which indicates a significant increase from 11.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.72% in the past 14 days, which was lower than the 23.19% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $24.78, while its 200-day Moving Average is $23.64. Nevertheless, the first resistance level for the watch stands at $24.93 in the near term. At $25.09, the stock is likely to face the second major resistance level. The third major resistance level sits at $25.21. If the price goes on to break the first support level at $24.64, it is likely to go to the next support level at $24.52. The third support level lies at $24.36 if the price breaches the second support level.

Graphic Packaging Holding Co (NYSE: GPK) Key Stats

With a market capitalization of 7.58 billion, the company has a total of 306,053K Shares Outstanding. Currently, annual sales are 9,440 M while annual income is 522,000 K. The company’s previous quarter sales were 2,349 M while its latest quarter income was 170,000 K.