NYSE:PACK - Get Free Report ) will post its quarterly earnings results before the market opens on Thursday, May 2nd. Individual interested in registering for the company's earnings conference call can do so using this link .
Get Ranpak alerts:
Sign Up
Ranpak (NYSE:PACK - Get Free Report ) last announced its quarterly earnings data on Monday, March 11th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.06). Ranpak had a negative net margin of 8.06% and a negative return on equity of 4.63%. The business had revenue of $90.40 million during the quarter, compared to analysts' expectations of $87.04 million. During the same quarter in the previous year, the firm earned ($0.51) earnings per share. Ranpak's revenue was up 13.9% on a year-over-year basis.
Ranpak Price Performance Shares of Ranpak stock traded up $0.12 during trading hours on Friday, hitting $7.43. The company's stock had a trading volume of 244,912 shares, compared to its average volume of 673,200. The business has a 50 day moving average price of $6.54 and a two-hundred day moving average price of $5.13. Ranpak has a 12-month low of $2.63 and a 12-month high of $8.29. The company has a market cap of $613.45 million, a PE ratio of -22.50 and a beta of 2.30. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.24 and a current ratio of 2.60.
Wall Street Analysts Forecast Growth Separately, Craig Hallum boosted their target price on Ranpak from $8.00 to $10.00 and gave the stock a "buy" rating in a research report on Monday, April 1st.
View Our Latest Stock Analysis on PACK
About Ranpak (
Get Free Report )
Ranpak Holdings Corp., together with its subsidiaries, provides product protection solutions and end-of-line automation solutions for e-commerce and industrial supply chains in North America, Europe, and Asia. The company offers protective packaging solutions, such as void-fill protective systems that convert paper to fill empty spaces in secondary packages and protect objects under the FillPak brand; cushioning protective systems, which convert paper into cushioning pads under the PadPak brand; and wrapping protective systems that create pads or paper mesh to wrap and protect fragile items, as well as to line boxes and provide separation when shipping various objects under the WrapPak, Geami, and ReadyRoll brands, as well as cold chain products, which are used to provide insulation for goods.
Further Reading
Before you consider Ranpak, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ranpak wasn't on the list.
While Ranpak currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
