Packaging Corp of America
About: Packaging Corp. of America is the third-largest containerboard and corrugated packaging manufacturer in the United States. It produces over 4.5 million tons of containerboard annually. The company's share of the domestic containerboard market is roughly 10%. PCA differentiates itself from larger competitors by focusing on smaller customers and operating with a high degree of flexibility.
Employees: 14,900
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
156% more first-time investments, than exits
New positions opened: 138 | Existing positions closed: 54
129% more funds holding in top 10
Funds holding in top 10: 7 [Q3] → 16 (+9) [Q4]
9% more capital invested
Capital invested by funds: $17.7B [Q3] → $19.3B (+$1.63B) [Q4]
7% more funds holding
Funds holding: 800 [Q3] → 853 (+53) [Q4]
8% more call options, than puts
Call options by funds: $34.2M | Put options by funds: $31.7M
5% more repeat investments, than reductions
Existing positions increased: 301 | Existing positions reduced: 286
0.98% less ownership
Funds ownership: 91.6% [Q3] → 90.62% (-0.98%) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$235
13%
upside
Avg. target
$253
22%
upside
High target
$280
35%
upside
5 analyst ratings
4 positive
80%
1 neutral
20%
0 negative
0%
Seaport Global Mark Weintraub 100% 1-year accuracy 3 / 3 met price target | 20%upside $250 | Buy Upgraded | 13 Feb 2025 |
Truist Securities Michael Roxland 35% 1-year accuracy 17 / 48 met price target | 27%upside $265 | Buy Reiterated | 30 Jan 2025 |
Wells Fargo Gabe Hajde 52% 1-year accuracy 32 / 62 met price target | 14%upside $236 | Overweight Maintained | 30 Jan 2025 |
Citigroup Anthony Pettinari 44% 1-year accuracy 22 / 50 met price target | 13%upside $235 | Neutral Maintained | 6 Jan 2025 |
Jefferies Philip Ng 28% 1-year accuracy 5 / 18 met price target | 35%upside $280 | Buy Upgraded | 18 Dec 2024 |
Financial journalist opinion
Based on 16 articles about PKG published over the past 30 days
Neutral
Zacks Investment Research
1 week ago
Zacks Industry Outlook Packaging Corporation of America, Amcor, AptarGroup and Sonoco Products
Packaging Corporation of America, Amcor, AptarGroup and Sonoco Products have been highlighted in this Industry Outlook article.
Negative
Zacks Investment Research
1 week ago
4 Packaging Stocks to Watch Despite Industry Headwinds
Although weak consumer spending clouds the Zacks Containers - Paper and Packaging industry's near-term outlook, PKG, AMCR, ATR and SON are navigating the challenges well.
Positive
Kiplinger
1 week ago
The Best Materials Stocks to Buy
Materials stocks represent a wide swath of cyclical industries. Here's how investors can find the best ones to buy.
Neutral
Business Wire
2 weeks ago
Packaging Corporation of America's Chief Executive Officer to Speak at Bank of America Securities' 2025 Global Agriculture & Materials Conference
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America's (NYSE:PKG) Chief Executive Officer, Mark Kowlzan, will speak at Bank of America Securities' 2025 Global Agriculture and Materials Conference. The conference is being held at The Conrad Fort Lauderdale Beach in Fort Lauderdale, FL on Thursday, February 27, 2025. After Mr. Kowlzan's presentation he, and Executive Vice President and CFO Robert Mundy, will participate in a Fireside Chat Q&A session. Immediately following, th.
Positive
Seeking Alpha
2 weeks ago
Packaging Corporation of America: Turning Bullish As Momentum Builds (Rating Upgrade)
Packaging Corporation of America delivered strong consolidated revenue growth last quarter, supported by a resilient demand environment, particularly in its packaging segment. Robust shipment growth and recent price increase are expected to fuel top line growth in the quarters ahead. Despite inflationary pressures, PKG's focus on cost efficiencies and pricing benefits should support margin expansion in FY25 and beyond.
Neutral
Seeking Alpha
3 weeks ago
Packaging Corporation of America (PKG) Q4 2024 Earnings Conference Call Transcript
Packaging Corporation of America (NYSE:PKG ) Q4 2024 Earnings Conference Call January 29, 2025 9:00 AM ET Company Participants Mark Kowlzan - Chairman and Chief Executive Officer Thomas Hassfurther - Executive Vice President, Corrugated Products Robert Mundy - Executive Vice President and Chief Financial Officer Conference Call Participants George Staphos - Bank of America Securities Mike Roxland - Truist Securities Gabe Hajde - Wells Fargo Mark Weintraub - Seaport Research Partners Anthony Pettinari - Citi Philip Ng - Jeffries Charlie Sands - BNP Paribas Ryan Fox - Bloomberg Operator Good morning, everyone. Thank you for joining Packaging Corporation of America's Fourth Quarter and Full Year 2024 Earnings Results Conference Call.
Negative
Zacks Investment Research
3 weeks ago
Packaging Corp. Q4 Earnings Miss, Sales Rise Y/Y on Higher Volumes
PKG's Q4 results reflect the impacts of higher volume and price/mix in both segments.
Negative
Barrons
3 weeks ago
Packaging Corp. Is Worst Stock in S&P 500 After Earnings. Here's Why.
Packaging Corp. of America anticipates various headwinds in the first quarter of 2025.
Neutral
Seeking Alpha
3 weeks ago
Packaging Corp Of America: Valuation Appears Too High Given Margin Pressure
PKG shares gained 40% in the past year but fell 5% after Q4 results missed estimates, adding to my concerns about valuation and future performance. Despite solid earnings growth, PKG's valuation at 26x earnings is high, especially compared to peers and its historical average, suggesting limited upside. Rising operating costs and energy prices have offset benefits from price increases, impacting profitability and leading to cautious Q1 guidance.
Negative
Zacks Investment Research
3 weeks ago
Packaging Corp. (PKG) Q4 Earnings Lag Estimates
Packaging Corp. (PKG) came out with quarterly earnings of $2.47 per share, missing the Zacks Consensus Estimate of $2.51 per share. This compares to earnings of $2.13 per share a year ago.
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