Graphic Packaging (NYSE:GPK) Issues Earnings Results

Graphic Packaging (NYSE:GPK - Get Free Report) released its earnings results on Tuesday. The industrial products company reported $0.59 earnings per share for the quarter, missing analysts' consensus estimates of $0.63 by ($0.04), Zacks reports. Graphic Packaging had a return on equity of 28.26% and a net margin of 7.99%. The business had revenue of $2.10 billion during the quarter, compared to analysts' expectations of $2.15 billion. During the same period in the prior year, the company earned $0.75 earnings per share. The firm's quarterly revenue was down 6.8% compared to the same quarter last year. Graphic Packaging updated its FY 2025 guidance to 2.480-2.730 EPS and its FY25 guidance to $2.53-2.78 EPS.

Graphic Packaging Stock Performance

NYSE GPK traded up $0.48 during trading hours on Thursday, hitting $26.93. The company's stock had a trading volume of 4,710,953 shares, compared to its average volume of 2,598,269. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.73 and a quick ratio of 0.72. The company has a market cap of $8.08 billion, a P/E ratio of 11.51 and a beta of 0.84. The company's 50 day simple moving average is $27.93 and its two-hundred day simple moving average is $28.63. Graphic Packaging has a 12 month low of $23.47 and a 12 month high of $30.70.

Graphic Packaging Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, April 5th. Investors of record on Saturday, March 15th will be given a dividend of $0.11 per share. The ex-dividend date is Friday, March 14th. This is a boost from Graphic Packaging's previous quarterly dividend of $0.10. This represents a $0.44 annualized dividend and a dividend yield of 1.63%. Graphic Packaging's dividend payout ratio (DPR) is 20.37%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on GPK shares. StockNews.com cut shares of Graphic Packaging from a "buy" rating to a "hold" rating in a report on Wednesday, October 30th. Truist Financial upped their price target on Graphic Packaging from $30.00 to $32.00 and gave the stock a "hold" rating in a research note on Monday, January 6th. Royal Bank of Canada lowered their price objective on Graphic Packaging from $35.00 to $34.00 and set an "outperform" rating for the company in a research note on Thursday, October 17th. Citigroup reissued a "neutral" rating and issued a $30.00 target price (down from $33.00) on shares of Graphic Packaging in a research note on Monday, January 6th. Finally, Robert W. Baird lowered their price target on Graphic Packaging from $36.00 to $32.00 and set an "outperform" rating for the company in a research report on Wednesday. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $31.70.

Insider Buying and Selling at Graphic Packaging

In related news, CAO Charles D. Lischer sold 12,000 shares of the company's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $29.65, for a total transaction of $355,800.00. Following the completion of the sale, the chief accounting officer now owns 49,849 shares in the company, valued at approximately $1,478,022.85. This represents a 19.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.20% of the company's stock.

Graphic Packaging Company Profile

Graphic Packaging Holding Company, together with its subsidiaries, designs, produces, and sells consumer packaging products to brands in food, beverage, foodservice, household, and other consumer products. It operates through three segments: Paperboard Manufacturing, Americas Paperboard Packaging, and Europe Paperboard Packaging.