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NYSE:PACK

Ranpak (PACK) Stock Price, News & Analysis

Ranpak logo
$7.11 +0.11 (+1.57%)
(As of 12/24/2024 04:45 PM ET)

About Ranpak Stock (NYSE:PACK)

Key Stats

Today's Range
$6.91
$7.13
50-Day Range
$5.80
$8.05
52-Week Range
$3.85
$9.04
Volume
74,506 shs
Average Volume
437,216 shs
Market Capitalization
$591.96 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.50
Consensus Rating
Moderate Buy

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.

Ranpak Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
45th Percentile Overall Score

PACK MarketRank™: 

Ranpak scored higher than 45% of companies evaluated by MarketBeat, and ranked 123rd 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.

  • 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.

  • Read more about Ranpak's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ranpak is -29.63, 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 -29.63, 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.

  • 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 Yield

    Ranpak does not currently pay a dividend.

  • Dividend Growth

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

  • 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 Sentiment

    Ranpak has a news sentiment score of 0.57. 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 news sentiment score is similar to the average news sentiment of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 13 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.
  • 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.

  • Read more about Ranpak's insider trading history.
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PACK Stock News Headlines

Brokers Offer Predictions for Ranpak FY2024 Earnings
Cantor starts Ranpak with Overweight on improving demand
After New Years, price goes back up 4,800%
When was the last time you bought something for a buck? I don’t even think you can buy anything at McDonalds for a dollar anymore!
Ranpak Holdings initiated with an Overweight at Cantor Fitzgerald
See More Headlines

PACK Stock Analysis - Frequently Asked Questions

Ranpak's stock was trading at $5.82 at the beginning of 2024. Since then, PACK shares have increased by 22.2% and is now trading at $7.11.
View the best growth stocks for 2024 here
.

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

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
.

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.

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
12/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Converted paper & paperboard products, except containers & box
Sub-Industry
Business Supplies
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
+33.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$-27,100,000.00
Pretax Margin
-6.63%

Debt

Sales & Book Value

Annual Sales
$354.30 million
Cash Flow
$0.36 per share
Book Value
$6.92 per share

Miscellaneous

Free Float
76,263,000
Market Cap
$591.96 million
Optionable
Optionable
Beta
2.42
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This page (NYSE:PACK) was last updated on 12/25/2024 by MarketBeat.com Staff
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