On Monday, Packaging Corp Of America (NYSE: PKG) opened higher 3.29% from the last session, before settling in for the closing price of $194.41. Price fluctuations for PKG have ranged from $169.00 to $250.82 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 4.17% annually for the last half of the decade. Company’s average yearly earnings per share was noted 20.20% at the time writing. With a float of $87.99 million, this company’s outstanding shares have now reached $89.80 million.
In an organization with 15400 employees, it is important to assess its efficiency. 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 and Institutional Ownership
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 2.01%, while institutional ownership is 91.76%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.7 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 20.20% 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 2.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.15. Likewise, its price to free cash flow for the trailing twelve months is 34.58.
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 12.16 in one year’s time.
Technical Analysis of Packaging Corp Of America (PKG)
Let’s dig in a bit further. During the last 5-days, its volume was 1.17 million. That was better than the volume of 0.97 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 60.22%. Additionally, its Average True Range was 4.62.
During the past 100 days, Packaging Corp Of America’s (PKG) raw stochastic average was set at 16.68%, which indicates a significant decrease from 56.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.89% in the past 14 days, which was higher than the 24.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $213.62, while its 200-day Moving Average is $212.39. However, in the short run, Packaging Corp Of America’s stock first resistance to watch stands at $202.82. Second resistance stands at $204.82. The third major resistance level sits at $208.56. If the price goes on to break the first support level at $197.08, it is likely to go to the next support level at $193.34. The third support level lies at $191.34 if the price breaches the second support level.
Packaging Corp Of America (NYSE: PKG) Key Stats
There are currently 89,801K shares outstanding in the company with a market cap of 18.03 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.
