UBS Group Has Lowered Expectations for Packaging Corporation of America (NYSE:PKG) Stock Price
by Kim Johansen · The Markets DailyPackaging Corporation of America (NYSE:PKG – Get Free Report) had its price target decreased by equities research analysts at UBS Group from $235.00 to $225.00 in a research note issued on Friday,Benzinga reports. The firm currently has a “neutral” rating on the industrial products company’s stock. UBS Group’s price target would suggest a potential upside of 9.00% from the company’s previous close.
Several other equities research analysts also recently issued reports on the company. Wall Street Zen upgraded Packaging Corporation of America from a “sell” rating to a “hold” rating in a research report on Saturday, January 3rd. Citigroup increased their target price on Packaging Corporation of America from $226.00 to $227.00 and gave the stock a “neutral” rating in a research report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft assumed coverage on Packaging Corporation of America in a research report on Wednesday, April 1st. They set a “hold” rating and a $225.00 target price on the stock. Weiss Ratings downgraded Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 27th. Finally, Truist Financial lowered their price objective on Packaging Corporation of America from $273.00 to $270.00 and set a “buy” rating on the stock in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Packaging Corporation of America has an average rating of “Moderate Buy” and a consensus target price of $231.86.
Packaging Corporation of America Stock Performance
Packaging Corporation of America stock traded down $1.71 during trading on Friday, hitting $206.41. The stock had a trading volume of 219,026 shares, compared to its average volume of 1,052,736. Packaging Corporation of America has a 1 year low of $176.45 and a 1 year high of $249.51. The company has a quick ratio of 1.94, a current ratio of 3.17 and a debt-to-equity ratio of 0.86. The stock’s 50 day moving average is $223.19 and its two-hundred day moving average is $212.90. The stock has a market cap of $18.38 billion, a price-to-earnings ratio of 24.09, a price-to-earnings-growth ratio of 1.90 and a beta of 0.90.
Packaging Corporation of America (NYSE:PKG – Get Free Report) last posted its earnings results on Tuesday, January 27th. The industrial products company reported $2.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.41 by ($0.09). The company had revenue of $2.36 billion for the quarter, compared to analysts’ expectations of $2.43 billion. Packaging Corporation of America had a return on equity of 19.22% and a net margin of 8.61%.The company’s revenue was up 10.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.47 EPS. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. As a group, analysts predict that Packaging Corporation of America will post 10.44 EPS for the current year.
Insider Activity
In related news, President Thomas A. Hassfurther sold 12,129 shares of the stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $230.50, for a total value of $2,795,734.50. Following the sale, the president owned 197,062 shares in the company, valued at approximately $45,422,791. This trade represents a 5.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.60% of the company’s stock.
Institutional Investors Weigh In On Packaging Corporation of America
A number of large investors have recently added to or reduced their stakes in PKG. Integrated Wealth Concepts LLC raised its position in Packaging Corporation of America by 73.5% during the first quarter. Integrated Wealth Concepts LLC now owns 2,956 shares of the industrial products company’s stock valued at $585,000 after purchasing an additional 1,252 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Packaging Corporation of America by 538.6% during the first quarter. Empowered Funds LLC now owns 6,303 shares of the industrial products company’s stock valued at $1,248,000 after buying an additional 5,316 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Packaging Corporation of America by 40.4% during the first quarter. Geneos Wealth Management Inc. now owns 198 shares of the industrial products company’s stock valued at $39,000 after buying an additional 57 shares during the last quarter. Sivia Capital Partners LLC grew its stake in shares of Packaging Corporation of America by 43.6% during the second quarter. Sivia Capital Partners LLC now owns 1,770 shares of the industrial products company’s stock valued at $334,000 after buying an additional 537 shares during the last quarter. Finally, Cresset Asset Management LLC grew its stake in shares of Packaging Corporation of America by 17.0% during the second quarter. Cresset Asset Management LLC now owns 1,772 shares of the industrial products company’s stock valued at $336,000 after buying an additional 258 shares during the last quarter. Hedge funds and other institutional investors own 89.78% of the company’s stock.
About Packaging Corporation of America
Packaging Corporation of America (NYSE: PKG) is a leading North American manufacturer of containerboard and corrugated packaging products. The company produces a range of paper-based packaging solutions including linerboard, corrugating medium, corrugated shipping containers, retail-ready packaging and point-of-purchase displays. In addition to core packaging products, Packaging Corporation of America offers packaging design, testing and supply-chain services intended to optimize protection, cost and sustainability for customers.
Headquartered in Lake Forest, Illinois, the company operates an integrated network of mills and corrugated manufacturing facilities across the United States and serves customers throughout North America in industries such as e-commerce, grocery and food & beverage, consumer packaged goods and industrial markets.