logo
#

Latest news with #PKG

Is Packaging Corporation of America Underperforming the Nasdaq?
Is Packaging Corporation of America Underperforming the Nasdaq?

Yahoo

time10 hours ago

  • Business
  • Yahoo

Is Packaging Corporation of America Underperforming the Nasdaq?

Valued at $16.8 billion by market cap, Packaging Corporation of America (PKG), based in Lake Forest, Illinois, operates as a leading U.S. producer of containerboard and corrugated packaging. Operating through its Packaging and Paper segments, PKG provides essential products like shipping containers and protective packaging to industries such as food, beverages, and industrial goods. Companies worth $10 billion or more are generally described as "large-cap stocks." PKG fits right into that category, with its market cap exceeding the threshold, reflecting its substantial size and influence in the competitive industry of packaging & containers. 2 Outstanding Stocks Under $50 to Buy and Hold Now Nvidia's Bringing Sovereign AI to Germany. Should You Buy NVDA Stock Here? A $1 Billion Reason to Buy MicroStrategy Stock Here Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! PKG currently trades 25.8% below its all-time high of $250.82 recorded on Nov. 25, 2024. PKG's stock has declined 5.8% over the past three months, notably underperforming the Nasdaq Composite's ($NASX) 11.7% uptick during the same time frame. In the long term, PKG stock has declined 17.3% on a YTD basis, underperforming the Nasdaq's 1.2% increase. Moreover, shares of PKG grew marginally over the past 52 weeks, also underperforming NASX's 9.4% returns over the same period. To confirm its recent downturn, PKG has been trading below its 200-day moving average since early March and below its 50-day moving average since mid-June, with some fluctuation in recent months. Despite reporting better-than-expected financials, PKG stock prices observed a marginal dip in the trading session after the release of its Q1 results on Apr. 22. The company's packaging sales experienced a solid boost during the quarter, leading to its net sales growing 8.2% year-over-year to $2.1 billion, surpassing the Street's expectations by a thin margin. Meanwhile, driven by a favorable pricing mix, its margins observed a significant expansion. This led to its adjusted EPS soaring 34.3% year-over-year to $2.31, exceeding the consensus estimates by 4.5%. Following the initial dip, PKG stock prices rose 2.2% in the subsequent trading session. Its rival, Ball Corporation (BALL), has declined 10.3% over the past year, underperforming PKG. Among the nine analysts covering the PKG stock, the consensus rating is a 'Moderate Buy.' Its mean price target of $210.22 suggests a 12.9% upside potential from current price levels. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten

Uganda : new trial over Tilenga project
Uganda : new trial over Tilenga project

France 24

time15-05-2025

  • Business
  • France 24

Uganda : new trial over Tilenga project

Also, in Ghana, the European Union is ramping up its investments on the continents.. including more than €800 million being pledged to major infrastructure projects in Ghana... The support of the countrye's improvement's to enrgy, health, and transport is another sign of the bloc's shift in it's approach to Africa as US partnerships become increasingly unpedictable.. Justice baidoo has more. Finally, one way to a continent's heart is through its stomach. For Beninese culinary tour de force Georgiana Vou, the value of that transcontinental exchange goes both ways. Having been inspired by the flavours of West Africa, she earned a Michelin star here in France, and now her perspective attracts customers in both Europe and Africa. PKG

1 Industrials Stock on Our Watchlist and 2 to Ignore
1 Industrials Stock on Our Watchlist and 2 to Ignore

Yahoo

time09-04-2025

  • Business
  • Yahoo

1 Industrials Stock on Our Watchlist and 2 to Ignore

Even if they go mostly unnoticed, industrial businesses are the backbone of our country. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow. Due to this bearish outlook, the industry has tumbled by 16.4% over the past six months. This performance was worse than the S&P 500's 8.7% fall. Despite the lackluster result, a few diamonds in the rough can produce earnings growth no matter what, and we started StockStory to help you find them. Taking that into account, here is one resilient industrials stock at the top of our wish list and two we're swiping left on. Market Cap: $47.11 billion Starting with a single route from Virginia to North Carolina, Norfolk Southern (NYSE:NSC) is a freight transportation company operating a major railroad network across the eastern United States. Why Should You Sell NSC? Underwhelming unit sales over the past two years show it's struggled to increase its sales volumes and had to rely on price increases Earnings per share have contracted by 7.6% annually over the last two years, a headwind for returns as stock prices often echo long-term EPS performance Free cash flow margin shrank by 7.8 percentage points over the last five years, suggesting the company is consuming more capital to stay competitive Norfolk Southern's stock price of $214.48 implies a valuation ratio of 15.8x forward price-to-earnings. If you're considering NSC for your portfolio, see our FREE research report to learn more. Market Cap: $16.14 billion Founded in 1959, Packaging Corporation of America (NYSE: PKG) produces containerboard and corrugated packaging products as well as displays and package protection. Why Do We Pass on PKG? Disappointing unit sales over the past two years indicate demand is soft and that the company may need to revise its strategy Earnings per share have dipped by 9.9% annually over the past two years, which is concerning because stock prices follow EPS over the long term 3 percentage point decline in its free cash flow margin over the last five years reflects the company's increased investments to defend its market position Packaging Corporation of America is trading at $183.63 per share, or 15.9x forward price-to-earnings. Dive into our free research report to see why there are better opportunities than PKG. Market Cap: $3.67 billion A developer of the communication systems used in the Batmobile of 'The Dark Knight,' ESCO (NYSE:ESE) is a provider of engineered components for the aerospace, defense, and utility sectors. Why Should ESE Be on Your Watchlist? Offerings and unique value proposition resonate with customers, as seen in its above-market 9.1% annual sales growth over the last two years Market share is on track to rise over the next 12 months as its 14.3% projected revenue growth implies demand will accelerate from its two-year trend Earnings per share grew by 17.6% annually over the last two years and trumped its peers At $146.17 per share, ESCO trades at 29x forward price-to-earnings. Is now the right time to buy? See for yourself in our in-depth research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Axon (+711% five-year return). Find your next big winner with StockStory today for free.

3 Reasons PKG is Risky and 1 Stock to Buy Instead
3 Reasons PKG is Risky and 1 Stock to Buy Instead

Yahoo

time01-04-2025

  • Business
  • Yahoo

3 Reasons PKG is Risky and 1 Stock to Buy Instead

Although the S&P 500 is down 1.7% over the past six months, Packaging Corporation of America's stock price has fallen further to $196.44, losing shareholders 8.8% of their capital. This might have investors contemplating their next move. Is there a buying opportunity in Packaging Corporation of America, or does it present a risk to your portfolio? Get the full stock story straight from our expert analysts, it's free. Despite the more favorable entry price, we're swiping left on Packaging Corporation of America for now. Here are three reasons why PKG doesn't excite us and a stock we'd rather own. Founded in 1959, Packaging Corporation of America (NYSE: PKG) produces containerboard and corrugated packaging products as well as displays and package protection. Revenue growth can be broken down into changes in price and volume (the number of units sold). While both are important, volume is the lifeblood of a successful Industrial Packaging company because there's a ceiling to what customers will pay. Packaging Corporation of America's units sold came in at 1.31 million in the latest quarter, and over the last two years, averaged 6.1% year-on-year growth. This performance slightly lagged the sector and suggests it might have to lower prices or invest in product improvements to accelerate growth, factors that can hinder near-term profitability. Analyzing the long-term change in earnings per share (EPS) shows whether a company's incremental sales were profitable – for example, revenue could be inflated through excessive spending on advertising and promotions. Packaging Corporation of America's unimpressive 4% annual EPS growth over the last five years aligns with its revenue performance. On the bright side, this tells us its incremental sales were profitable. Free cash flow isn't a prominently featured metric in company financials and earnings releases, but we think it's telling because it accounts for all operating and capital expenses, making it tough to manipulate. Cash is king. As you can see below, Packaging Corporation of America's margin dropped by 3 percentage points over the last five years. If its declines continue, it could signal increasing investment needs and capital intensity. Packaging Corporation of America's free cash flow margin for the trailing 12 months was 6.2%. Packaging Corporation of America doesn't pass our quality test. Following the recent decline, the stock trades at 17.4× forward price-to-earnings (or $196.44 per share). This multiple tells us a lot of good news is priced in - we think there are better investment opportunities out there. Let us point you toward one of our top digital advertising picks. The elections are now behind us. With rates dropping and inflation cooling, many analysts expect a breakout market - and we're zeroing in on the stocks that could benefit immensely. Take advantage of the rebound by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Sterling Infrastructure (+1,096% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store