Packaging Corporation of America (NYSE:PKG) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Packaging Corporation of America has a “Moderate Buy” consensus rating from 10 analysts: six buys, one strong buy and three holds. The average 12-month price target is $264.57, implying potential upside from the reported $228.62 share price.
• Recent analysts raised their price targets, including UBS to $292, Truist Financial to $270 and Bank of America to $263, while maintaining buy or overweight ratings.
• The company exceeded quarterly earnings expectations with $2.35 in EPS versus the $2.31 consensus, while revenue rose 14.7% year over year to $2.49 billion. Insiders sold approximately $10.2 million of stock over the past three months.

Packaging Corporation of America (NYSE:PKG - Get Free Report) has earned an average recommendation of "Moderate Buy" from the ten research firms that are currently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $264.5714.

Several research analysts have recently issued reports on PKG shares. Truist Financial upped their price objective on Packaging Corporation of America from $258.00 to $270.00 and gave the stock a "buy" rating in a research report on Wednesday, July 15th. Weiss Ratings upgraded shares of Packaging Corporation of America from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, August 25th. UBS Group raised their price target on Packaging Corporation of America from $271.00 to $292.00 and gave the stock a "buy" rating in a report on Thursday, August 13th. Bank of America raised their price target on Packaging Corporation of America from $242.00 to $263.00 and gave the stock a "buy" rating in a report on Tuesday, July 14th. Finally, JPMorgan Chase & Co. boosted their price target on Packaging Corporation of America from $269.00 to $271.00 and gave the company an "overweight" rating in a research report on Friday, July 24th.

Insider Buying and Selling at Packaging Corporation of America

In other Packaging Corporation of America news, VP Donald R. Shirley sold 12,000 shares of the business's stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $250.71, for a total value of $3,008,520.00. Following the transaction, the vice president directly owned 19,110 shares of the company's stock, valued at approximately $4,791,068.10. The trade was a 38.57% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, President Thomas A. Hassfurther sold 12,531 shares of the company's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $250.00, for a total transaction of $3,132,750.00. Following the transaction, the president owned 218,751 shares of the company's stock, valued at approximately $54,687,750. The trade was a 5.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 40,391 shares of company stock worth $10,196,101 over the last three months. 1.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. DV Equities LLC purchased a new stake in Packaging Corporation of America in the 4th quarter valued at approximately $26,000. Covestor Ltd raised its stake in shares of Packaging Corporation of America by 140.0% during the 4th quarter. Covestor Ltd now owns 156 shares of the industrial products company's stock worth $32,000 after buying an additional 91 shares in the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its stake in shares of Packaging Corporation of America by 94.1% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the industrial products company's stock worth $34,000 after buying an additional 80 shares in the last quarter. Navalign LLC acquired a new stake in shares of Packaging Corporation of America in the 4th quarter valued at approximately $36,000. Finally, Fiduciary Financial Advisors acquired a new stake in shares of Packaging Corporation of America in the 2nd quarter valued at approximately $36,000. 89.78% of the stock is owned by hedge funds and other institutional investors.

Packaging Corporation of America Price Performance

Shares of PKG opened at $228.62 on Wednesday. Packaging Corporation of America has a 1-year low of $191.50 and a 1-year high of $259.98. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.94 and a quick ratio of 1.86. The firm has a 50-day simple moving average of $242.55 and a two-hundred day simple moving average of $227.82. The stock has a market cap of $20.37 billion, a PE ratio of 29.69, a P/E/G ratio of 2.21 and a beta of 0.78.

Packaging Corporation of America (NYSE:PKG - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The industrial products company reported $2.35 earnings per share for the quarter, topping the consensus estimate of $2.31 by $0.04. The firm had revenue of $2.49 billion for the quarter, compared to the consensus estimate of $2.49 billion. Packaging Corporation of America had a net margin of 7.25% and a return on equity of 18.94%. The firm's revenue for the quarter was up 14.7% on a year-over-year basis. During the same period in the prior year, the firm earned $2.48 EPS. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. As a group, analysts forecast that Packaging Corporation of America will post 10.48 EPS for the current year.

Packaging Corporation of America Company Profile

Packaging Corporation of America NYSE: PKG is a leading North American manufacturer of containerboard and corrugated packaging products. The company produces a range of paper-based packaging solutions including linerboard, corrugating medium, corrugated shipping containers, retail-ready packaging and point-of-purchase displays. In addition to core packaging products, Packaging Corporation of America offers packaging design, testing and supply-chain services intended to optimize protection, cost and sustainability for customers.

Headquartered in Lake Forest, Illinois, the company operates an integrated network of mills and corrugated manufacturing facilities across the United States and serves customers throughout North America in industries such as e-commerce, grocery and food & beverage, consumer packaged goods and industrial markets.

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