Q1 2025 EPS Estimates for Packaging Co. of America (NYSE:PKG) Lowered by Zacks Research

Packaging Co. of America (NYSE:PKG) – Investment analysts at Zacks Research lowered their Q1 2025 earnings per share (EPS) estimates for shares of Packaging Co. of America in a research report issued to clients and investors on Tuesday, August 6th. Zacks Research analyst M. Das now anticipates that the industrial products company will post earnings per share of $2.01 for the quarter, down from their previous estimate of $2.04. The consensus estimate for Packaging Co. of America’s current full-year earnings is $8.62 per share.

Packaging Co. of America (NYSE:PKG) last posted its quarterly earnings data on Tuesday, July 23rd. The industrial products company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.14 by $0.06. Packaging Co. of America had a return on equity of 18.39% and a net margin of 9.06%. The company had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.02 billion. During the same period in the previous year, the business earned $2.31 EPS. Packaging Co. of America’s revenue for the quarter was up 6.3% compared to the same quarter last year.

Several other research firms have also weighed in on PKG. Bank of America boosted their target price on shares of Packaging Co. of America from $197.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, June 17th. Wells Fargo & Company boosted their price objective on Packaging Co. of America from $194.00 to $215.00 and gave the stock an “overweight” rating in a research note on Thursday, July 25th. Citigroup increased their target price on shares of Packaging Co. of America from $181.00 to $187.00 and gave the company a “neutral” rating in a research note on Monday, July 8th. StockNews.com upgraded Packaging Co. of America from a “hold” rating to a “buy” rating in a research report on Wednesday, July 24th. Finally, Truist Financial raised their price objective on shares of Packaging Co. of America from $215.00 to $219.00 and gave the stock a “buy” rating in a research note on Thursday, July 25th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $190.50.

Packaging Co. of America Stock Performance

Shares of PKG stock opened at $194.07 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.74 and a current ratio of 2.46. The company’s 50-day simple moving average is $187.54 and its 200-day simple moving average is $181.58. Packaging Co. of America has a one year low of $143.82 and a one year high of $201.99. The stock has a market capitalization of $17.43 billion, a price-to-earnings ratio of 24.26, a PEG ratio of 5.14 and a beta of 0.77.

Insider Activity at Packaging Co. of America

In related news, Director Karen E. Gowland acquired 300 shares of the stock in a transaction dated Wednesday, May 15th. The shares were acquired at an average price of $182.06 per share, with a total value of $54,618.00. Following the acquisition, the director now owns 916 shares in the company, valued at approximately $166,766.96. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In related news, EVP Charles J. Carter sold 5,389 shares of the company’s stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $196.28, for a total transaction of $1,057,752.92. Following the completion of the transaction, the executive vice president now directly owns 25,539 shares in the company, valued at approximately $5,012,794.92. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Karen E. Gowland acquired 300 shares of the business’s stock in a transaction dated Wednesday, May 15th. The shares were bought at an average cost of $182.06 per share, with a total value of $54,618.00. Following the transaction, the director now directly owns 916 shares of the company’s stock, valued at approximately $166,766.96. The disclosure for this purchase can be found here. Insiders own 1.60% of the company’s stock.

Institutional Trading of Packaging Co. of America

Several institutional investors have recently modified their holdings of PKG. Victory Capital Management Inc. raised its holdings in shares of Packaging Co. of America by 1.5% in the 2nd quarter. Victory Capital Management Inc. now owns 2,853,417 shares of the industrial products company’s stock worth $520,920,000 after buying an additional 41,903 shares in the last quarter. FIL Ltd boosted its position in Packaging Co. of America by 2.6% in the 4th quarter. FIL Ltd now owns 2,210,000 shares of the industrial products company’s stock valued at $360,031,000 after buying an additional 55,000 shares during the last quarter. Boston Partners boosted its stake in shares of Packaging Co. of America by 49.3% in the 1st quarter. Boston Partners now owns 1,446,303 shares of the industrial products company’s stock valued at $274,421,000 after purchasing an additional 477,487 shares during the last quarter. Northern Trust Corp lifted its stake in shares of Packaging Co. of America by 2.4% in the 4th quarter. Northern Trust Corp now owns 1,182,797 shares of the industrial products company’s stock valued at $192,689,000 after purchasing an additional 27,974 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in Packaging Co. of America by 8.1% in the second quarter. Dimensional Fund Advisors LP now owns 1,153,732 shares of the industrial products company’s stock valued at $210,636,000 after buying an additional 86,005 shares during the period. Institutional investors and hedge funds own 89.78% of the company’s stock.

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.