On Tuesday, Packaging Corp Of America (NYSE: PKG) opened lower -3.41% from the last session, before settling in for the closing price of $209.41. Price fluctuations for PKG have ranged from $169.00 to $250.82 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 4.17%. Company’s average yearly earnings per share was noted 18.42% at the time writing. With a float of $88.07 million, this company’s outstanding shares have now reached $89.80 million.
The extent of productivity of a business whose workforce counts for 14900 workers is very important to gauge. In terms of profitability, gross margin is 21.27%, operating margin of 13.74%, and the pretax margin is 12.7%.
Packaging Corp Of America (PKG) Insider Updates
A key investor’s attitude towards the stock of the Packaging & Containers industry is another important factor to consider. The insider ownership of Packaging Corp Of America is 1.93%, while institutional ownership is 91.89%. The most recent insider transaction that took place on Dec 03 ’24, was worth 563,253. In this transaction SVP of this company sold 2,300 shares at a rate of $244.89, taking the stock ownership to the 9,197 shares. Before that another transaction happened on Dec 03 ’24, when Company’s Officer proposed sale 2,300 for $244.89, making the entire transaction worth $563,253.
Packaging Corp Of America (PKG) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.65 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 18.42% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.41% during the next five years compared to 3.99% growth over the previous five years of trading.
Packaging Corp Of America (NYSE: PKG) Trading Performance Indicators
Check out the current performance indicators for Packaging Corp Of America (PKG). In the past quarter, the stock posted a quick ratio of 1.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.17. Likewise, its price to free cash flow for the trailing twelve months is 30.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.93, a number that is poised to hit 2.22 in the next quarter and is forecasted to reach 11.85 in one year’s time.
Technical Analysis of Packaging Corp Of America (PKG)
The latest stats from [Packaging Corp Of America, PKG] show that its last 5-days average volume of 0.83 million was inferior to 0.92 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 37.10%. Additionally, its Average True Range was 4.55.
During the past 100 days, Packaging Corp Of America’s (PKG) raw stochastic average was set at 1.60%, which indicates a significant decrease from 5.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.89% in the past 14 days, which was higher than the 24.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $221.51, while its 200-day Moving Average is $211.19. Now, the first resistance to watch is $207.21. This is followed by the second major resistance level at $212.16. The third major resistance level sits at $215.02. If the price goes on to break the first support level at $199.40, it is likely to go to the next support level at $196.54. Assuming the price breaks the second support level, the third support level stands at $191.59.
Packaging Corp Of America (NYSE: PKG) Key Stats
There are currently 89,801K shares outstanding in the company with a market cap of 18.16 billion. Presently, the company’s annual sales total 8,383 M according to its annual income of 805,100 K. Last quarter, the company’s sales amounted to 2,146 M and its income totaled 221,200 K.
