Ranpak (PACK) Stock Price, News & Analysis

Company Overview

Ranpak Holdings Corp., together with its subsidiaries, provides product protection solutions and end-of-line automation solutions for e-commerce and industrial supply chains in North America, Europe, and Asia. The company offers protective packaging solutions, such as void-fill protective systems that convert paper to fill empty spaces in secondary packages and protect objects under the FillPak brand; cushioning protective systems, which convert paper into cushioning pads under the PadPak brand; and wrapping protective systems that create pads or paper mesh to wrap and protect fragile items, as well as to line boxes and provide separation when shipping various objects under the WrapPak, Geami, and ReadyRoll brands, as well as cold chain products, which are used to provide insulation for goods. It also offers end-of-line packaging automation products, which help end users automate the void filling and box closure processes after product packing is complete. The company sells its products to end users primarily through a distributor network, and directly to select end-users. Ranpak Holdings Corp. was founded in 1972 and is headquartered in Concord Township, Ohio.

Key Stats

• Today's Range: $6.95 to $7.20
• 50-Day Range: $5.80 to $8.05
• 52-Week Range: $3.85 to $9.04
• Volume: 440,450 shs
• Average Volume: 439,703 shs
• Market Capitalization: $593.62 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $9.50
• Consensus Rating: Moderate Buy

Ranpak Stock Analysis - MarketRank™

Ranpak scored higher than 43% of companies evaluated by MarketBeat, and ranked 127th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Ranpak has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Ranpak has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Ranpak is -29.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ranpak is -29.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Ranpak has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.30% of the float of Ranpak has been sold short.

Short Interest Ratio / Days to Cover

Ranpak has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ranpak has recently decreased by 0.60%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Ranpak does not currently pay a dividend.

Dividend Growth

Ranpak does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.30% of the float of Ranpak has been sold short.

Short Interest Ratio / Days to Cover

Ranpak has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ranpak has recently decreased by 0.60%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.29

News Sentiment

Ranpak has a news sentiment score of 0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Ranpak this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for PACK on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ranpak insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 8.40% of the stock of Ranpak is held by insiders.

Percentage Held by Institutions

85.94% of the stock of Ranpak is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PACK Stock Analysis - Frequently Asked Questions

How have PACK shares performed this year?

Ranpak's stock was trading at $5.82 at the beginning of the year. Since then, PACK shares have increased by 22.5% and is now trading at $7.13.
View the best growth stocks for 2024 here.

How were Ranpak's earnings last quarter?

Ranpak Holdings Corp. (NYSE:PACK) released its quarterly earnings data on Thursday, October, 31st. The company reported ($0.10) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by $0.06. The company's quarterly revenue was up 11.4% on a year-over-year basis.

Who are Ranpak's major shareholders?

Top institutional investors of Ranpak include ArrowMark Colorado Holdings LLC (3.63%), Petrus Trust Company LTA (3.00%), State Street Corp (1.36%) and Geode Capital Management LLC (1.19%). Insiders that own company stock include Omar Asali, Salil Seshadri, William Drew, Michael Anthony Jones, Eric Laurensse, Antonio Grassotti, Kurt Zumwalt, Mark A Siebert, Alicia M Tranen and Pamela K El.
View institutional ownership trends.

How do I buy shares of Ranpak?

Shares of PACK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Ranpak own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ranpak investors own include Meta Platforms (META), NVIDIA (NVDA), Tesla (TSLA), Alphabet (GOOG), Advanced Micro Devices (AMD), Home Depot (HD) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Last Earnings: 10/31/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrial Products
• Industry: Converted paper & paperboard products, except containers & box
• Sub-Industry: Business Supplies
• Current Symbol: NYSE:PACK
• CUSIP: N/A
• CIK: 1712463
• Web: www.ranpak.com
• Phone: (440) 354-4445
• Fax: N/A
• Employees: 880
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $9.50
• High Stock Price Target: $11.50
• Low Stock Price Target: $7.00
• Potential Upside/Downside: +33.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.24)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-27,100,000.00
• Net Margins: -5.64%
• Pretax Margin: -6.63%
• Return on Equity: -3.54%
• Return on Assets: -1.78%

Debt

• Debt-to-Equity Ratio: 0.71
• Current Ratio: 2.36
• Quick Ratio: 2.01

Sales & Book Value

• Annual Sales: $354.30 million
• Price / Sales: 1.68
• Cash Flow: $0.36 per share
• Price / Cash Flow: 19.81
• Book Value: $6.92 per share
• Price / Book: 1.03

Miscellaneous

• Outstanding Shares: 83,257,000
• Free Float: 76,263,000
• Market Cap: $593.62 million
• Optionable: Optionable
• Beta: 2.42