Ranpak HoldingsPACK
Market Cap: $527M
About: Ranpak Holdings Corp is a provider of environmentally sustainable, systems-based, product protection solutions for e-Commerce and industrial supply chains. The company offers a full suite of protective packaging systems and paper consumables. Geographically, it derives a majority of revenue from Europe/Asia. They generate revenue by providing its PPS systems and paper consumables to customers, which include direct end-users and our network of exclusive paper packaging solution distributors, and by providing end-of-line automation systems that solve challenges, including optimization, customization, and efficiency.
Employees: 800
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
44% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 16
6% more funds holding
Funds holding: 116 [Q1] → 123 (+7) [Q2]
2% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 42
1.85% less ownership
Funds ownership: 90.04% [Q1] → 88.18% (-1.85%) [Q2]
20% less capital invested
Capital invested by funds: $564M [Q1] → $454M (-$110M) [Q2]
20% less funds holding in top 10
Funds holding in top 10: 5 [Q1] → 4 (-1) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Baird Ghansham Panjabi 47% 1-year accuracy 9 / 19 met price target | 58%upside $10 | Neutral Downgraded | 14 Aug 2024 |
Baird Ghansham Panjabi 47% 1-year accuracy 9 / 19 met price target | 58%upside $10 | Outperform Maintained | 2 Aug 2024 |
Craig-Hallum Greg Palm 62% 1-year accuracy 8 / 13 met price target | 58%upside $10 | Buy Maintained | 20 Jun 2024 |