Packaging Corporation of America (NYSE:PKG) Price Target Raised to $235.00 at UBS Group

Packaging Corporation of America (NYSE:PKG) had its price target hoisted by investment analysts at UBS Group from $230.00 to $235.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has a “neutral” rating on the industrial products company’s stock. UBS Group’s price target indicates a potential upside of 8.30% from the company’s current price.

A number of other equities research analysts also recently weighed in on PKG. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Packaging Corporation of America in a report on Monday, December 29th. Citigroup decreased their price target on Packaging Corporation of America from $229.00 to $226.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 6th. JPMorgan Chase & Co. upped their price target on Packaging Corporation of America from $238.00 to $245.00 and gave the company an “overweight” rating in a research report on Friday, December 5th. Wall Street Zen raised Packaging Corporation of America from a “sell” rating to a “hold” rating in a report on Saturday, January 3rd. Finally, Zacks Research upgraded shares of Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $236.17.

Packaging Corporation of America Stock Performance

Packaging Corporation of America stock traded down $2.37 during trading hours on Monday, hitting $216.98. The stock had a trading volume of 846,722 shares, compared to its average volume of 783,902. The company has a market cap of $19.52 billion, a PE ratio of 21.94, a price-to-earnings-growth ratio of 1.67 and a beta of 0.88. Packaging Corporation of America has a fifty-two week low of $172.71 and a fifty-two week high of $242.68. The company has a 50-day moving average of $202.56 and a two-hundred day moving average of $204.90. The company has a quick ratio of 2.00, a current ratio of 3.16 and a debt-to-equity ratio of 0.84.

Packaging Corporation of America (NYSE:PKG) last announced its quarterly earnings results on Wednesday, October 22nd. The industrial products company reported $2.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.83 by ($0.10). The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.29 billion. Packaging Corporation of America had a net margin of 10.18% and a return on equity of 19.72%. The company’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same period last year, the firm earned $2.65 EPS. Packaging Corporation of America has set its Q4 2025 guidance at 2.400-2.400 EPS. On average, equities research analysts anticipate that Packaging Corporation of America will post 10.44 EPS for the current fiscal year.

Hedge Funds Weigh In On Packaging Corporation of America

Several hedge funds have recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC lifted its holdings in shares of Packaging Corporation of America by 105.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 115 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 59 shares in the last quarter. Bruce G. Allen Investments LLC lifted its stake in Packaging Corporation of America by 72.2% in the second quarter. Bruce G. Allen Investments LLC now owns 136 shares of the industrial products company’s stock valued at $26,000 after buying an additional 57 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in Packaging Corporation of America in the third quarter valued at approximately $31,000. Trust Co. of Toledo NA OH acquired a new position in shares of Packaging Corporation of America in the second quarter valued at approximately $33,000. Finally, NBT Bank N A NY bought a new stake in shares of Packaging Corporation of America during the third quarter worth $41,000. Institutional investors own 89.78% of the company’s stock.

About Packaging Corporation of America

Packaging Corporation of America (NYSE: PKG) is a leading North American manufacturer of containerboard and corrugated packaging products. The company produces a range of paper-based packaging solutions including linerboard, corrugating medium, corrugated shipping containers, retail-ready packaging and point-of-purchase displays. In addition to core packaging products, Packaging Corporation of America offers packaging design, testing and supply-chain services intended to optimize protection, cost and sustainability for customers.

Headquartered in Lake Forest, Illinois, the company operates an integrated network of mills and corrugated manufacturing facilities across the United States and serves customers throughout North America in industries such as e-commerce, grocery and food & beverage, consumer packaged goods and industrial markets.