Analyst Ratings for Packaging Corp. of America (PKG)Updated: 2017-07-26
Analysts covering Packaging Corp. of America (NYSE:PKG) have given it a consensus rating of Overweight. Last month, PKG received an average rating of Overweight.
5 analysts declared PKG a buy, 0 issued an overweight rating, 9 issued a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for PKG. The highest price target was 128, implying potential capital gains of 17.86 percent. The most pessimistic price target was 66, implying a possible loss of -39.23 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.68 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.88 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.25 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 3.66 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.
Analysts estimate earnings of PKG to grow at a rate of 22.25 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. PKG has a PEG ratio of 1.
In the last 52-weeks, PKG has achieved a high of 114.31 and a low of 73.34. The current market price is above the trailing year's low by 48.08 percent, and below the high by 5 percent. PKG has a P/E ratio of 22.2. Investors typically compare the P/E ratio to a company's peers in the industry. The PKG value stock report compares PKG to some of its peers using value stock charts. The market cap of PKG is $10.23 billion. PKG is estimated to release their earnings results for the quarter on 0000-00-00, days from today.