Packaging Corporation of America: A Quality Company, But With Overextended Valuation [Seeking Alpha]
Packaging Corporation of America (PKG)
Last packaging corporation of america earnings: 4/27 05:00 pm
Check Earnings Report
US:NYSE Investor Relations:
packagingcorp.com
Company Research
Source: Seeking Alpha
While the short-term outlook is not favorable, the company's order backlog and capacity expansion initiatives support a positive long-term outlook. PKG's margins are showing strength despite topline weakness. The company's stock valuation appears to be at a premium at the moment, leading to a hold rating. The Thesis Packaging Corporation of America ( NYSE: PKG ) continued its topline contraction as it exited 2023. I am expecting this to continue further for at least the first half of the coming year. However, the company is currently focusing Recommended For You Recommended For You About PKG Stock More on PKG Related Stocks Trending Analysis Trending News
Show less
Read more
Impact Snapshot
Event Time:
PKG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PKG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PKG alerts
High impacting Packaging Corporation of America news events
Weekly update
A roundup of the hottest topics
PKG
News
- Packaging Co. of America (NYSE: PKG) had its price target lowered by analysts at Citigroup Inc. from $183.00 to $181.00. They now have a "neutral" rating on the stock.MarketBeat
- Packaging Corporation of America (NYSE:PKG) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Packaging Co. of America (NYSE: PKG) was upgraded by analysts at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating. They now have a $191.00 price target on the stock, up previously from $187.00.MarketBeat
- Analyst Estimates: Here's What Brokers Think Of Packaging Corporation of America (NYSE:PKG) After Its First-Quarter Report [Yahoo! Finance]Yahoo! Finance
- Packaging Corp (PKG) Q1 Earnings Top Estimates, Sales Rise Y/Y [Yahoo! Finance]Yahoo! Finance
PKG
Earnings
- 4/22/24 - Miss
PKG
Sec Filings
- 4/23/24 - Form 8-K
- 4/3/24 - Form DEFA14A
- 3/28/24 - Form ARS
- PKG's page on the SEC website