|Bid||0.00 x 1100|
|Ask||0.00 x 800|
|Day's Range||94.83 - 96.79|
|52 Week Range||83.54 - 131.13|
|Beta (3Y Monthly)||2.02|
|PE Ratio (TTM)||12.29|
|Earnings Date||Jan 28, 2019 - Feb 1, 2019|
|Forward Dividend & Yield||3.16 (3.29%)|
|1y Target Est||113.27|
NEW YORK, Nov. 05, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
ParcelPal Technology Inc. ("ParcelPal" or the "Company"), (PKG) (PT0.F) (PTNYF) is pleased to announce that it has expanded their relationship and operations with Amazon.com by commencing operations in the state of Washington and will begin delivering for Amazon imminently. The initial delivery service will be offered in Everett, Washington with the plan for greater expansion into the USA. The Company has secured an operating location and is currently hiring and on-boarding key staff members for the launch.
Packaging demand, inflationary pressures, the status of "Wallula No. 3," and inventory levels are all topics shareholders should be conversant with.
Packaging Corporation's (PKG) full-year 2018 performance will be supported by strong demand and price increases, despite rising fuel costs.
Packaging Corp. (PKG) delivered earnings and revenue surprises of 3.72% and 2.58%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Lake Forest, Illinois-based company said it had profit of $2.18. Earnings, adjusted for restructuring costs and non-recurring costs, were $2.23 per share. The results surpassed ...
Packaging Corporation of America today reported third quarter 2018 net income of $207 million, or $2.18 per share, and net income of $211 million, or $2.23 per share, excluding special items.
Assessing Packaging Corporation of America’s (NYSE:PKG) past track record of performance is a useful exercise for investors. It allows us to understand whether the company has met or exceed expectations, Read More...
ParcelPal Technology Inc. ("ParcelPal" or the "Company"), (PKG) (PT0.F) (PTNYF) - As part of ParcelPal's national rollout strategy, the Company is pleased to announce they will be launching into Saskatchewan within the coming weeks. The company has been operating successfully in Vancouver and Calgary and is now expanding to Saskatoon as part of its continuing strategy for Canada-wide distribution. Over the next few weeks, ParcelPal will be launching with all verticals the company currently offers (food, alcohol, grocery and, soon, get anything) on its platform for both iOS and Android.
ParcelPal Technology Inc. ("ParcelPal" or the "Company"), (PKG) (PT0.F) (PTNYF) is pleased to announce that they have obtained their DTC eligibility in the United States of America. ParcelPal Technology, Inc.'s common shares have been made eligible for book-entry delivery and depository services of the Depository Trust Company to facilitate electronic settlement of transfers of its common shares in the United States.
Packaging Corp. (PKG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEW YORK, Oct. 12, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Goldman Sachs downgraded International Paper Co. stock to neutral from buy on Wednesday, and removed WestRock Co. from its Americas Conviction List. It kept a neutral rating on Packaging Corp. of America , while lowering stock price targets for all three as it expects U.S. containerboard supply growth to outpace demand growth in the period from 2020 to 2022. Analyst Brian Maguire said he had upgraded International Paper and added WestRock to the conviction last year because he expected U.S. box shipment growth could sustain higher rates of 2%+ than it has in the past because of the explosive growth on e-commerce. "While we consider this thesis still valid (box demand rose 2.4% in 2017 and 1.8%YTD), we underestimated the speed and severity of the supply response in the industry to this acceleration in demand," Maguire wrote in a note. With 12 new capacity announcements since the ugprade, he is now forecasting 11% growth in North American capacity from 2019 to 2022, up from a prior forecast of 2% a year demand growth. "We acknowledge that valuation on containerboard stocks likely already reflects these announcements following significant YTD underperformance, but we are incrementally concerned by the pace of recent new supply announcements as well as the fact that Chinese entrants are now entering the US market for the first time," said the note. "Furthermore, barring a sharper re-acceleration in demand growth, we struggle to identify positive catalysts for our broad containerboard coverage until the overhang of new capacity abates." The buy rating on WestRock reflects the expectation that its pending purchase of KapStone Paper & Packaging Corp. will act as a positive catalyst. International Paper shares were up 1.7% premarket but are down 23% in 2018. WestRock was not yet active, but has fallen 28% in 2018. Packaging Corp. was up 2% but has fallen 23% in 2018, while KapStone Paper has gained 43%. The S&P 500 has gained 8% in 2018.
China-based Nine Dragons Paper Holdings, a manufacturer of containerboard products including lineboard, announced hundreds of millions of dollars in new investments this week that include conversion projects at coated paper mills in Biron, Wisconsin and Rumford, Maine. WestRock Co (NYSE: WRK) downgraded from Outperform to Market Perform, price target lowered from $80 to $54.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...
ParcelPal Technology Inc. ("ParcelPal" or the "Company"), (PKG) (PT0.F) (PTNYF) - has received gross proceeds of over $1,000,000 from the exercise of 7,797,646 warrants prior to their expiration date on 1/12/2020 and 10/10/2019. The company expects each additional city for expansion to add a minimal amount of capital expenditure at roughly 40-50k, this leaving the company with a large run rate for expansion and execute on all current verticals for the upcoming 12 months. The Company plans to execute on local and regional marketing campaigns focusing on a three-tiered roll-out plan that includes: brand awareness, user acquisition and user retention.
ParcelPal Technology Inc. ("ParcelPal" or the "Company"), (PKG) (PT0.F) (PTNYF) - is pleased to announce they have signed an agreement for Cannabis distribution with Vancouver, BC based Choom Holdings, Inc, ("Choom") (CSE:C HOO) (CHOOF) Canada's leading cannabis retailer. Further to the marijuana strategy announced on September 13, 2018, ParcelPal has made their first footprint into the marijuana industry through signing an agreement with Choom Holdings Inc. (CSE:CHOO). The Company received the agreement from Choom for the establishment of distribution from various retail outlets in Canada.