Zacks Research Analysts Boost Earnings Estimates for PKG

Packaging Co. of America (NYSE:PKG - Free Report) - Investment analysts at Zacks Research increased their Q1 2025 EPS estimates for Packaging Co. of America in a research note issued to investors on Wednesday, November 27th. Zacks Research analyst R. Department now expects that the industrial products company will post earnings per share of $2.31 for the quarter, up from their previous estimate of $2.06. The consensus estimate for Packaging Co. of America's current full-year earnings is $9.07 per share. Zacks Research also issued estimates for Packaging Co. of America's Q2 2025 earnings at $2.76 EPS, Q3 2025 earnings at $3.05 EPS, Q4 2025 earnings at $2.96 EPS, FY2025 earnings at $11.08 EPS, Q2 2026 earnings at $3.03 EPS, Q3 2026 earnings at $3.15 EPS and FY2026 earnings at $11.91 EPS.

Several other research analysts also recently commented on the company. Wells Fargo & Company raised their price objective on Packaging Co. of America from $235.00 to $253.00 and gave the stock an "overweight" rating in a research note on Thursday, October 24th. Truist Financial reissued a "buy" rating and issued a $252.00 price objective (up from $242.00) on shares of Packaging Co. of America in a research note on Thursday, October 24th. Citigroup boosted their price objective on Packaging Co. of America from $199.00 to $221.00 and gave the company a "neutral" rating in a research report on Wednesday, October 2nd. Finally, StockNews.com cut Packaging Co. of America from a "buy" rating to a "hold" rating in a research report on Wednesday, November 20th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $221.60.

Packaging Co. of America Stock Performance

PKG traded down $4.39 during trading on Monday, hitting $244.46. The company's stock had a trading volume of 339,809 shares, compared to its average volume of 599,708. The firm has a market cap of $21.95 billion, a PE ratio of 28.93, a P/E/G ratio of 3.49 and a beta of 0.76. The company has a quick ratio of 1.98, a current ratio of 2.95 and a debt-to-equity ratio of 0.58. The business's 50 day simple moving average is $228.21 and its 200-day simple moving average is $204.95. Packaging Co. of America has a one year low of $159.57 and a one year high of $250.82.

Packaging Co. of America (NYSE:PKG - Get Free Report) last released its earnings results on Tuesday, October 22nd. The industrial products company reported $2.65 EPS for the quarter, topping the consensus estimate of $2.50 by $0.15. The business had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.09 billion. Packaging Co. of America had a return on equity of 19.10% and a net margin of 9.46%. The company's revenue for the quarter was up 14.9% compared to the same quarter last year. During the same period in the previous year, the company posted $2.05 earnings per share.

Insiders Place Their Bets

In other Packaging Co. of America news, SVP Donald R. Shirley sold 8,000 shares of the stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $240.20, for a total value of $1,921,600.00. Following the completion of the sale, the senior vice president now owns 15,725 shares in the company, valued at approximately $3,777,145. This represents a 33.72 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Paul T. Stecko sold 10,500 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $244.91, for a total value of $2,571,555.00. Following the completion of the transaction, the director now owns 8,881 shares of the company's stock, valued at $2,175,045.71. The trade was a 54.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 31,000 shares of company stock valued at $7,500,905. 1.60% of the stock is owned by insiders.

Hedge Funds Weigh In On Packaging Co. of America

Hedge funds and other institutional investors have recently bought and sold shares of the company. Asset Dedication LLC lifted its stake in Packaging Co. of America by 200.0% in the second quarter. Asset Dedication LLC now owns 168 shares of the industrial products company's stock worth $31,000 after acquiring an additional 112 shares during the last quarter. Central Pacific Bank Trust Division acquired a new stake in shares of Packaging Co. of America during the 3rd quarter worth about $32,000. Tortoise Investment Management LLC purchased a new stake in Packaging Co. of America during the second quarter worth approximately $33,000. Larson Financial Group LLC boosted its holdings in Packaging Co. of America by 234.7% in the third quarter. Larson Financial Group LLC now owns 164 shares of the industrial products company's stock valued at $35,000 after purchasing an additional 115 shares in the last quarter. Finally, Strategic Financial Concepts LLC purchased a new position in Packaging Co. of America in the second quarter valued at approximately $50,000. 89.78% of the stock is currently owned by hedge funds and other institutional investors.

Packaging Co. of America Company Profile

Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through three segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products.