Packaging Corporation of America (PKG) July 20, 2021 Stock Price, Analysis & Forecast
Packaging Corporation of America (NYSE: PKG) opened the trading session on July 20, 2021, at $132.52, exhibiting a change of 0.2950% against the previous close at $132.19. Within the trading session, the stock price increased to $134.94 and decreased to $132.02. Finally, the stock arranged at $132.58. Though, bearing in mind a distant prospect, Packaging Corporation of America reported a 52 Week Range within the confines of $89.37-$155.45.
Packaging Corporation of America's shares outstanding currently value $94.99M, simultaneously with a float of $92.70M. PKG operates in the MANUFACTURING sector of the PAPERBOARD CONTAINERS & BOXES industry and has a market capitalization of $12.59B (as of July 20, 2021). It should be stressed that Packaging Corporation of America's 50-day Moving Average arranged at $138.53, while such indicator as 200-day Moving Average is at the moment $139.83.
To evaluate the company's efficiency, let's consider Packaging Corporation of America's conglomerate performance. To date, PKG has full-time employees. Packaging Corporation of America has generated $inf per worker Within the last fiscal year. In the interim, PKG's income per employee was $inf. And now, let's consider the company's income report. Packaging Corporation of America's Net Income for the last fiscal year was $461.00M, while such indicator as Income Before Taxes was at the level of $632.70M. PKG's Operating Income was at the mark of $723.90M.
Packaging Corporation of America (PKG) Earnings & Revenue
Talking about the Profitability, PKG reached a Profit Margin of 7.19% and an Operating Margin (TTM) of 13.2%. However, when we touch the questions of management effectiveness, Packaging Corporation of America generated a Return on Equity (TTM) of 15% and a Return on Assets (TTM) of 7.49%. A bit more income statements might bring clarity to our overview. According to the results of the latest quarter ended March 31, 2021, Packaging Corporation of America generated Revenue (TTM) of $6.76B, reporting a Quarterly Revenue Growth of 5.8%. As for the Revenue Per Share (TTM), this indicator was at the mark of $71.75. The company's Gross Profit (TTM) was $1.39B, while according to the EBITDA report, it was estimated at $1.29B.
Packaging Corporation of America (NYSE: PKG) Owners & Shares
Finally, let's take a look at the share statistics. As mentioned above, PKG's shares outstanding now amounts to $94.99M, where Shares Short was $1.66M versus the prior month amounted to $1.48M. (Short % of Float was 1.79%). And now, let's overview which kind of investors works with Packaging Corporation of America's stocks. PKG's current ownership accounts for 95.28% institutional investors, while 1.495% of shares belong to the insiders. Also worth mentioning some indicators affecting dividends & splits. Thus, PKG's Forward Annual Dividend Rate is currently at the mark of 4, whereas the Dividend Yield is 3.03%, and a Dividend Payout Ratio is 62.6% (Dividend Date: July 15, 2021). The company's Dividend Per Share indicator thereby is $3.58.
PKG Trading Performance
It's time to observe the current performance indicators for Packaging Corporation of America. PKG's price/earnings to growth ratio during the last reported quarter was 1.83%. The company's PE Ratio stands at 25.99%, while PKG's Beta score is 0.906. Also worth noting that Packaging Corporation of America's Diluted EPS (Earnings per Share) trailing twelve months is at the mark of 5.1. Other valuable indicators are Price To Sales Ratio (TTM), which is currently recorded at 1.887, as well as Price To Book Ratio, which amounts to 3.847.
Packaging Corporation of America Analysis & Estimates
Within the previous 9-day period, Packaging Corporation of America's Average True Range (ATR) was 2.6062, while the stock's Stochastic SlowD moving average was 17.1668%, and the SlowK moving average volumed at 17.1668%.