Packaging Corp Of Stock Today

PKG Stock  USD 247.03  1.00  0.40%   

Performance

19 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 8

 
High
 
Low
Low
Packaging Corp is trading at 247.03 as of the 28th of November 2024. This is a 0.4% down since the beginning of the trading day. The stock's lowest day price was 245.91. Packaging Corp has only a 8 % chance of going through financial distress over the next few years and had a solid performance during the last 90 days. Note, on August 16, 2024, Representative Kathy Manning of US Congress acquired under $15k worth of Packaging Corp's common stock.
Business Domain
Materials
IPO Date
27th of January 2000
Category
Consumer Cyclical
Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois. Packaging Corp operates under Packaging Containers classification in the United States and is traded on New York Stock Exchange. The company has 89.8 M outstanding shares of which 1.23 M shares are at this time shorted by investors with about 2.34 days to cover. More on Packaging Corp of

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Packaging Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanMark Kowlzan
Thematic IdeaShipping Containers (View all Themes)
Old Names[Park Group plc, PKC GROUP (PKG.SG), PKC Group Oyj]
Business ConcentrationPaper & Plastic Packaging Products & Materials, Packaging & Containers, Consumer Cyclical, NYSE Composite, SP 500 Index, Shipping Containers, Materials, Containers & Packaging, Packaging & Containers, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.05750.0881
Way Down
Slightly volatile
Asset Turnover0.80.8988
Fairly Down
Slightly volatile
Gross Profit Margin0.240.2177
Significantly Up
Slightly volatile
Net Debt1.4 B2.5 B
Way Down
Slightly volatile
Total Current Liabilities1.3 B1.3 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.1 B3.4 B
Way Down
Slightly volatile
Total Assets4.5 B8.7 B
Way Down
Slightly volatile
Total Current Assets3.4 B3.3 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities658.2 M1.3 B
Way Down
Slightly volatile
Debt Levels
Packaging Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Packaging Corp's financial leverage. It provides some insight into what part of Packaging Corp's total assets is financed by creditors.
Liquidity
Packaging Corp of has 3.17 B in debt with debt to equity (D/E) ratio of 0.7, which is OK given its current industry classification. Packaging Corp has a current ratio of 3.01, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Packaging to invest in growth at high rates of return.

Free Cash Flow

887.67 Million
Packaging Corp of (PKG) is traded on New York Stock Exchange in USA. It is located in 1 North Field Court, Lake Forest, IL, United States, 60045 and employs 14,900 people. Packaging Corp is listed under Paper & Plastic Packaging Products & Materials category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 22.27 B. Packaging Corp runs under Containers & Packaging sector within Materials industry. The entity has 89.8 M outstanding shares of which 1.23 M shares are at this time shorted by investors with about 2.34 days to cover. Packaging Corp of has about 320 M in cash with 1.32 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.05.
Check Packaging Corp Probability Of Bankruptcy
Ownership Allocation
Packaging Corp owns a total of 89.8 Million outstanding shares. The majority of Packaging Corp of outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Packaging Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Packaging Corp. Please pay attention to any change in the institutional holdings of Packaging Corp as this could imply that something significant has changed or is about to change at the company. Please note that on August 16, 2024, Representative Kathy Manning of US Congress acquired under $15k worth of Packaging Corp's common stock.
Check Packaging Ownership Details

Packaging Stock Institutional Holders

InstituionRecorded OnShares
Capital World Investors2024-09-30
1.7 M
American Century Companies Inc2024-09-30
1.6 M
Boston Partners Global Investors, Inc2024-09-30
1.5 M
First Trust Advisors L.p.2024-06-30
1.3 M
Nuveen Asset Management, Llc2024-06-30
1.3 M
Amvescap Plc.2024-06-30
1.2 M
Dimensional Fund Advisors, Inc.2024-09-30
1.2 M
T. Rowe Price Associates, Inc.2024-06-30
1.1 M
Fmr Inc2024-09-30
1.1 M
Vanguard Group Inc2024-09-30
11.3 M
Blackrock Inc2024-06-30
7.9 M
View Packaging Corp Diagnostics

Packaging Corp Historical Income Statement

At this time, Packaging Corp's Net Income is most likely to increase significantly in the upcoming years. The Packaging Corp's current Net Income Applicable To Common Shares is estimated to increase to about 1.2 B, while Total Revenue is projected to decrease to roughly 4.4 B. View More Fundamentals

Packaging Stock Against Markets

Packaging Corp Corporate Directors

James WoodrumIndependent DirectorProfile
Duane FarringtonIndependent DirectorProfile
Roger PorterIndependent DirectorProfile
Donna HarmanIndependent DirectorProfile
When determining whether Packaging Corp is a strong investment it is important to analyze Packaging Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Packaging Corp's future performance. For an informed investment choice regarding Packaging Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Packaging Corp of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
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Is Paper & Plastic Packaging Products & Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Packaging Corp. If investors know Packaging will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Packaging Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.3
Dividend Share
5
Earnings Share
8.58
Revenue Per Share
91.752
Quarterly Revenue Growth
0.127
The market value of Packaging Corp is measured differently than its book value, which is the value of Packaging that is recorded on the company's balance sheet. Investors also form their own opinion of Packaging Corp's value that differs from its market value or its book value, called intrinsic value, which is Packaging Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Packaging Corp's market value can be influenced by many factors that don't directly affect Packaging Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Packaging Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Packaging Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Packaging Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.