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.

Many analysts weighed in on price targets for PKG. The maximum price target given was 128, implying a possible profit 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.68 percent. The average change in earnings estimates over the last 90 days is 1.88 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.25 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.66 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.

The growth rate of PKG's earnings is estimated by analysts to be 22.25 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of PKG is 1.

In the trailing 52-weeks, PKG hit 114.31 at the highest peak, while it's lowest trading point was 73.34. Currently the stock is 48.08 percent higher than its low, 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 stock has a market capitalization of $10.23 billion. PKG's next earnings release will be on 0000-00-00, which is days away.