Packaging Co. of America (PKG) Projected to Post Earnings on Tuesday

Packaging Co. of America (NYSE:PKG) is anticipated to post its quarterly earnings results after the market closes on Tuesday, April 22nd. Analysts expect Packaging Co. of America to post earnings of $2.22 per share and revenue of $2.12 billion for the quarter. Packaging Co. of America has set its Q1 2025 guidance at 2.210-2.210 EPS.Investors interested in registering for the company’s conference call can do so using this link.

Packaging Co. of America (NYSE:PKG) last posted its quarterly earnings data on Tuesday, January 28th. The industrial products company reported $2.47 EPS for the quarter, missing the consensus estimate of $2.51 by ($0.04). Packaging Co. of America had a net margin of 9.60% and a return on equity of 19.67%. On average, analysts expect Packaging Co. of America to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Packaging Co. of America Price Performance

Shares of PKG opened at $187.07 on Monday. The company has a quick ratio of 1.98, a current ratio of 2.95 and a debt-to-equity ratio of 0.58. Packaging Co. of America has a fifty-two week low of $169.00 and a fifty-two week high of $250.82. The company has a market cap of $16.82 billion, a P/E ratio of 20.95, a PEG ratio of 2.41 and a beta of 0.84. The firm’s 50 day moving average price is $198.57 and its 200 day moving average price is $219.18.

Packaging Co. of America Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were given a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.67%. The ex-dividend date of this dividend was Friday, March 14th. Packaging Co. of America’s dividend payout ratio is currently 55.99%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Truist Financial restated a “buy” rating and set a $265.00 price target (down previously from $282.00) on shares of Packaging Co. of America in a report on Thursday, January 30th. Seaport Res Ptn upgraded shares of Packaging Co. of America from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 13th. Citigroup increased their price objective on shares of Packaging Co. of America from $232.00 to $235.00 and gave the company a “neutral” rating in a research report on Monday, January 6th. Wells Fargo & Company decreased their price objective on shares of Packaging Co. of America from $236.00 to $209.00 and set an “overweight” rating for the company in a research report on Tuesday, April 8th. Finally, StockNews.com cut Packaging Co. of America from a “buy” rating to a “hold” rating in a research note on Sunday, April 6th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $237.80.

Packaging Co. of America Company Profile

Packaging Corporation of America engages in the production of container products. It operates through the following segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers a variety of corrugated packaging products, such as conventional shipping containers. The Paper segment manufactures and sells a range of papers, including communication-based papers, and pressure sensitive papers.