Headlines about Graphic Packaging (NYSE:GPK) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Graphic Packaging earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 45.4851518984237 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Graphic Packaging (NYSE GPK) traded down $0.06 during midday trading on Thursday, reaching $15.80. 2,619,342 shares of the company’s stock were exchanged, compared to its average volume of 2,660,933. The company has a quick ratio of 0.74, a current ratio of 1.50 and a debt-to-equity ratio of 1.96. The company has a market cap of $4,940.00, a P/E ratio of 30.98, a P/E/G ratio of 3.69 and a beta of 1.19. Graphic Packaging has a 52-week low of $12.00 and a 52-week high of $16.10.
Graphic Packaging (NYSE:GPK) last posted its quarterly earnings data on Tuesday, October 24th. The industrial products company reported $0.18 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.18. The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.11 billion. Graphic Packaging had a net margin of 3.70% and a return on equity of 17.27%. The business’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.20 EPS. research analysts forecast that Graphic Packaging will post 0.65 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Stockholders of record on Friday, December 15th will be given a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 1.90%. The ex-dividend date is Thursday, December 14th. Graphic Packaging’s payout ratio is presently 58.82%.
GPK has been the subject of several research analyst reports. Zacks Investment Research raised shares of Graphic Packaging from a “sell” rating to a “hold” rating in a report on Tuesday, September 12th. KeyCorp reaffirmed a “hold” rating on shares of Graphic Packaging in a report on Sunday, October 29th. Stephens started coverage on shares of Graphic Packaging in a report on Tuesday, October 24th. They issued an “overweight” rating and a $17.00 price objective for the company. Robert W. Baird boosted their price objective on shares of Graphic Packaging from $16.00 to $18.00 and gave the company an “outperform” rating in a report on Wednesday, October 25th. Finally, BMO Capital Markets boosted their price objective on shares of Graphic Packaging from $15.50 to $17.00 and gave the company an “outperform” rating in a report on Wednesday, October 25th. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $16.26.
In other news, VP Deborah R. Frank sold 38,266 shares of the business’s stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $15.51, for a total value of $593,505.66. Following the completion of the transaction, the vice president now directly owns 77,139 shares in the company, valued at approximately $1,196,425.89. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.02% of the stock is currently owned by insiders.
About Graphic Packaging
Graphic Packaging Holding Company is a provider of paper-based packaging solutions for a range of products to food, beverage and other consumer product companies. The Company’s segments include Paperboard Mills, Americas Paperboard Packaging, Europe Paperboard Packaging, and Corporate and Other. The Paperboard Mills segment includes the Company’s North American paperboard mills, which produce primarily coated unbleached kraft and coated recycled board.
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