PKG - Packaging Corporation of America
| Previous Close | 97.36 |
| Open | 98.18 |
| Bid | 75.00 x 800 |
| Ask | 0.00 x 900 |
| Day's Range | 97.83 - 98.80 |
| 52 Week Range | 77.90 - 124.70 |
| Volume | 574,672 |
| Avg. Volume | 911,706 |
| Market Cap | 9.232B |
| Beta (3Y Monthly) | 1.67 |
| PE Ratio (TTM) | 12.62 |
| EPS (TTM) | 7.80 |
| Earnings Date | Apr 22, 2019 - Apr 26, 2019 |
| Forward Dividend & Yield | 3.16 (3.25%) |
| Ex-Dividend Date | 2018-12-14 |
| 1y Target Est | 106.55 |
GuruFocus.com•7 days agoRobert Olstein's Top 5 Buys in 4th Quarter
Top buys include one new position and increased bets in Buffett’s Mastercard and Goldman Sachs
- Markit•10 days ago
See what the IHS Markit Score report has to say about Packaging Corp of America.
Packaging Corp of America NYSE:PKGView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for PKG with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting PKG. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding PKG totaled $14.00 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. PKG credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Thomson Reuters StreetEvents•14 days ago
Edited Transcript of PKG earnings conference call or presentation 30-Jan-19 2:00pm GMT
Q4 2018 Packaging Corp of America Earnings Call
- Simply Wall St.•16 days ago
What You Need To Know About Packaging Corporation of America’s (NYSE:PKG) Cash Situation
Want to participate in a short research study? Help shape the future of investing tools and receive a $60 prize! Packaging Corporation of America (NYSE:PKG) shareholders, and potential investors, need Read More...
- GlobeNewswire•17 days ago
New Research Coverage Highlights CNO Financial Group, Packaging Corporation of America, C.H. Robinson Worldwide, Cray, ServiceNow, and Wayfair — Consolidated Revenues, Company Growth, and Expectations for 2019
NEW YORK, Feb. 01, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Motley Fool•19 days agoPackaging Corp of America (PKG) Q4 2018 Earnings Conference Call Transcript
PKG earnings call for the period ending December 31, 2018.
- Zacks•19 days ago
Packaging Corporation (PKG) Q4 Earnings Beat, Sales Miss
Packaging Corporation (PKG) records improved earnings, aided by better prices and mix in Packaging and Paper segments.
- Zacks•20 days ago
Packaging Corp. (PKG) Q4 Earnings Surpass Estimates
Packaging Corp. (PKG) delivered earnings and revenue surprises of 0.93% and -1.58%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
- Associated Press•20 days ago
Packaging Corp.: 4Q Earnings Snapshot
The Lake Forest, Illinois-based company said it had profit of $2.16 per share. Earnings, adjusted for non-recurring costs, came to $2.17 per share. The results topped Wall Street expectations. The average ...
- Business Wire•20 days ago
Packaging Corporation of America Reports Fourth Quarter and Full Year 2018 Results
Packaging Corporation of America today reported fourth quarter 2018 net income of $205 million, or $2.16 per share and $2.17 per share excluding special items. Fourth quarter net sales were $1.75 billion in 2018 and $1.68 billion in 2017.
- InvestorPlace•27 days ago
10 Consumer Stocks to Buy for Income
Is economic growth about to hit a wall and lead us into a period of lackluster results? If that's your concern, you're not alone. This growth cycle and its corresponding bull market are, at ten years of age, getting a bit long in the tooth. In this sort of indecisive environment where rising interest rates, trade wars and the prospect of an old-fashioned recession could turn into trouble, investors tend to reprioritize what the market will reward. Safe consumer stocks move into favor, often at the expense of growth names. Dividend stocks become particularly compelling prospects, with traders seeking out the certainty of reliable cash flow when growth is anything but guaranteed. * 10 Lithium Stocks to Buy Despite the Market's Irrationality To that end, here's a rundown of 10 of the market's top dividend-paying consumer stocks to mull as we wade deeper into murky waters. InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### Procter & Gamble (PG) Source: Mike Mozart via Flickr (Modified) Some investors mentally wrote Procter & Gamble (NYSE:PG) off years ago, pegging it as a has-been that got too big for its own good, and too stuck in its old ways to compete well in the modern market. And to be fair, in some regards the criticisms were on target. Since CEO David Taylor took the helm in 2015, however, things have been different. P&G has been shedding brands and lines that simply aren't going to bear fruit, and though too slowly for some, the company has reworked its marketing approach to better reflect how most consumers now make purchasing decisions. Although there's more work to be done, the yield of 3.2% is solid, and Procter & Gamble has upped its payout for 62 consecutive years. ### Philip Morris (PM) Source: Shutterstock Last year was a rough one for Philip Morris (NYSE:PM) investors. The stock lost a total of 37% in 2018, mostly in response to tepid sales growth of its relatively new IQOS product, though downgrades all throughout the year certainly played a role in the pullback. The sellers arguably overshot their target though. * The 10 Best Index Funds to Buy and Hold While the global smoking cessation movement continues to gain traction and Philip Morris hasn't been the player it needs to be in the vaping market, this company still owns one of the most recognized and respected brand names in the business. Sales and earnings are projected to improve 2.8% and 5.0%, respectively, this year -- pretty good for the smoking industry -- and better still, the dividend yield is an impressive 6.3%. Its payout has grown every year since 2008. ### Spectrum Brands Holdings (SPB) Source: Shutterstock Spectrum Brands Holdings (NYSE:SPB) likely won't ring a bell with consumers, but the company's brand names will. This is the parent to Remington shaving products, George Foreman grills, Armor All automobile protectant, Tetra fish food and Kwikset door locks, just to name a few. It was a particularly poor performer in 2018, largely driven lower by downgrades and some restructuring that made it tough to get a bead on the company's future. But, Bank of America's Olivia Tong made a good point with her recent upgrade of Spectrum, explaining "SPB's results have been challenged of late, however, headwinds are abating, while the recent sales of SPB Auto Care and Battery provide much better visibility on de-levering the balance sheet." With the sentiment pendulum ready to swing in the other direction again, the dividend yield of 3.1% looks like an opportunity. ### Kraft Heinz (KHC) Source: Mike Mozart via Flickr Kraft Heinz (NASDAQ:KHC) isn't a name that needs much in the way of an introduction. Its namesake macaroni and cheese, ketchup, pickles and salad dressings are familiar to say the least, as are the brand names some investors are surprised to learn are part of the Kraft Heinz family. This company is also the parent of Kool-Aid, Oscar Meyer, Velveeta and CapriSun, just to name a few. Its leading brand names haven't been enough to stave off the pullback from the May-2017 peak near $98 to last month's low of $41.60. But, it's not as if revenue and income have been shrinking. Its growth has been tepid, but still moving forward. * 7 Stupidly Cheap Stocks to Buy Now The end result is a healthy dividend yield of 5.3% … a dividend, by the way, that's grown steadily since 2012, even before the merger of Kraft and Heinz. ### Packaging Corp of America (PKG) Source: Shutterstock When most investors look for consumer stocks to buy, they tend to focus on the manufacturer and brand name and look past the organizations that make those products marketable. Big mistake. That oversight steers investors right past Packaging Corp of America (NYSE:PKG), which makes the boxes and retail displays most shoppers don't give a second thought. The big selling feature isn't the current yield of 3.5%, however, and the fact that the payout hasn't failed to grow at least a little every year going back to 2010. It's the fact that newcomers can step into PKG stock so cheaply. Shares are only trading at 10.8 times their past and forward-looking earnings. ### Tyson Foods (TSN) Source: Shutterstock Tyson Foods (NYSE:TSN) has been putting food on tables since 1931, and although it's much more than just chicken now, its chicken roots are still highly evident. The past year has been a tough one for shareholders, with fears stemming from a tariff war and rising freight costs pulling the stock well off its December 2017 high near $84. Although it has bounced back from December's low, the current price near $60 is still miles away from there. * 3 Blue-Chip Stocks That Will Power Through Market Turmoil A closer look at Tyson's results, however, suggests the only thing to fear was the impact of the rhetoric. Sales were up the typical 3% last year, and although earnings slipped from 2017's $6.16 per share to what will likely be $5.93 per share for 2018, analysts are looking for an earnings rebound to $6.20 per share in 2019. The pullback, in the meantime, has beefed up the yield to a respectable 2.5%. ### Anheuser-Busch Inbev (BUD) Source: Paul Sableman via Flickr Budweiser, Corona and Modelo are just some of the brand names under the Anheuser-Busch Inbev (NYSE:BUD) umbrella. This company is the biggest brewer in the world, sporting 15 different labels and a global presence other beer makers generally don't want to tangle with. Its size hasn't helped the stock much over the course of the past year and a half, with yet-another salvo of downgrades keeping the recent rebound effort in check. After hitting a multi-year low in December, Jefferies lowered its stance on BUD stock to "Underperform" last week, suggesting near-term earnings would come up short of expectations. Around the same time, BofA lowered its price target on Anheuser-Busch Inbev shares from around $69.50 to $65. The downgrades don't reflect the fact that the company can and will respond to pressure as needed though. For example, RBC just upgraded Anheuser-Busch Inbev because it refinanced its debt in a way that makes its debt burden more manageable. In the meantime, newcomers will step into BUD shares at a solid yield of 4.6%. ### Hanesbrands (HBI) Source: Shubert Ciencia Via Flickr Hanesbrands (NYSE:HBI) shares have been a terrible performers since early 2015, peeling back from a peak of around $35 in the middle of that year to a low of less than $12 in December of last year. Nothing the company has done has quelled the stock's bleeding. Don't jump to the wrong conclusion though. Sales have grown rather steadily since 2014, as has operating income. It has not been red-hot growth, nor hyper-consistent but certainly better than the stock's long-term trend suggests. * The 3 Best Telecom Stocks to Buy to Fortify Your Portfolio This Year Regardless of the past, the present and future look healthy enough. HBI shares are only trading at 8.2 times this year's projected profit, and the trailing yield is just above 4%. This well-recognized brand name has too much going for it to ignore at that kind of valuation. ### Avery Dennison (AVY) Source: Shutterstock Avery Dennison (NYSE:AVY) operates in the same space as Packaging Corp of America, but the two aren't head-to-head competitors. Avery Dennison tends to cater to the higher-tech end of the spectrum, providing everything from RFID labels to automotive decals to architectural design materials. Still, demand for its products is tightly linked to consumerism, qualifying it as one of the better dividend-paying consumer stocks to buy. The current yield is a modest 2.2%, but what it lacks in punch it makes up for in growth. The company's payout has improved every year since 2010. The kicker: While the stock is down for the past year, it's still growing on analysts. AVY has been upgraded three times since April, and not downgraded once, and currently sports a collective target price of $114.30. That's more than 18% better than the current price of AVY, which analysts rate as just a bit better than a "Buy." ### Kimberly Clark (KMB) Source: Shutterstock Finally, Kimberly Clark (NYSE:KMB) is surrounded by more than a little bit of doubt headed into Wednesday's earnings report. Some analysts are calling for profit growth, while others expect earnings to shrink. As a group though, analysts don't even fully consider KMB a "Hold," and the consensus target price near $107 is below the stock's current value near $115.5. * 10 High-Growth Stocks for the Return of the Bull Yet, to long-term income-minded investors, that earnings news will have little impact on how well KMB shares will serve them. The current yield of 3.5% is more than respectable, and sales of toilet paper, diapers and paper towels are consistent enough to maintain the company's streak of 46 years' worth of annual dividend increases. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 High-Growth Stocks for the Return of the Bull * The 10 Best Index Funds to Buy and Hold * 10 Lithium Stocks to Buy Despite the Market's Irrationality Compare Brokers The post 10 Consumer Stocks to Buy for Income appeared first on InvestorPlace.
- Simply Wall St.•last month
Why Packaging Corporation of America (NYSE:PKG) Could Be Your Next Investment
Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on Packaging Corporation of America (NYSE:PKG) due to its excellent fundamentals in Read More...
- Simply Wall St.•last month
How Does Investing In ParcelPal Technology Inc. (CNSX:PKG) Impact The Volatility Of Your Portfolio?
If you own shares in ParcelPal Technology Inc. (CNSX:PKG) then it's worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a measure Read More...
- PR Newswire•last month
ParcelPal Bringing Augmented Reality to Platform With NexTech AR Integration Deal
ParcelPal Technology Inc. ("ParcelPal" or the "Company"), (PKG) (PT0.F) (PTNYF) - is pleased to announce that it signed an integration deal with NexTech AR Solutions (CSE:NTAR) (NEXCF) (N29.F). As part of the integration with ParcelPal, NexTech will create custom dashboards with its xAPI analytics enabling the tracking of micro-behaviors throughout the AR experience creating a valuable sea of data for ParcelPal and their merchant eCommerce sites. With the xAPI and AR experiences integrated on the ParcelPal site and mobile apps the Company will gain a very valuable marketing tool and differentiating technology which will generate the highest conversions, click through, dwell time and sales, providing a valuable roadmap for both companies.
- Business Wire•last month
Packaging Corporation of America Schedules Conference Call to Discuss Fourth Quarter and Full Year 2018 Operating Results
Packaging Corporation of America will hold a conference call on Wednesday, January 30, 2019 at 9:00 a.m. Eastern Time to discuss fourth quarter and full year 2018 results.
- PR Newswire•last month
ParcelPal Announces Attendance to AlphaNorth Capital Conference and Updated Corporate Presentation
ParcelPal Technology Inc. ("ParcelPal" or the "Company"), (PKG) (PT0.F) (PTNYF) announces that President and CEO Kelly Abbott will present the 5th annual AlphaNorth Capital Conference. The AlphaNorth Capital Conference will feature some of the best companies in the small cap arena across various sectors including technology, biotech & healthcare and connect them with over 140 of the top retail brokers and institutional investors (funds & family offices) in North America through a full day of one-on-one meetings. President and CEO Kelly Abbott States, "In 2019, one of ParcelPal's key objectives is to introduce our story to new Canadian, US and international investors to allow them the opportunity to hear firsthand of our successes to date and the compelling reasons why investment in ParcelPal could prove advantageous, especially as we continue to execute on our strategic and business objectives.
- PR Newswire•last month
ParcelPal CEO Kelly Abbott Provides a Corporate Update
ParcelPal Technology Inc. ("ParcelPal" or the "Company"), (PKG) (PT0.F) (PTNYF) - President and CEO Kelly Abbott gives a corporate update. 2018 was a year of establishing ParcelPal and expanding our footprint in Canada and the US. Signed Amazon.com Inc. contract for Vancouver, British Columbia and Everett, Washington and expanded our regions within the current cities significantly.
- Zacks•last month
Is Packaging Corporation (PKG) a Great Stock for Value Investors?
Is Packaging Corporation (PKG) a great pick from the value investor's perspective right now? Read on to know more.
- Simply Wall St.•2 months ago
Is There An Opportunity With Packaging Corporation of America’s (NYSE:PKG) 43.65% Undervaluation?
In this article I am going to calculate the intrinsic value of Packaging Corporation of America (NYSE:PKG) by estimating the company's future cash flows and discounting them to their present Read More...
- Zacks•2 months ago
Packaging Corporation Rides on E-Commerce Boom, Risks Remain
The Sacramento Container acquisition, solid demand and e-commerce boom will drive Packaging Corporation's (PKG) performance in the near term despite certain challenges.
- Zacks•2 months ago
PKG vs. ATR: Which Stock Should Value Investors Buy Now?
PKG vs. ATR: Which Stock Is the Better Value Option?
- Insider Monkey•2 months ago
Is Packaging Corporation Of America (PKG) A Good Stock To Buy?
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of September. At Insider Monkey, we follow over 700 of the best-performing investors and by analyzing their 13F filings, we can determine the stocks that they are collectively bullish […]
