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Packaging Corporation of America (NYSE:PKG) Stock Price Expected to Rise, UBS Group Analyst Says

Packaging Corporation of America logo with Industrials background

Key Points

  • UBS Group has raised the price target for Packaging Corporation of America (PKG) from $220.00 to $226.00, indicating a potential 5.95% upside.
  • Multiple analysts have a consensus rating of "Moderate Buy" for PKG, with a consensus target price of $225.50.
  • CEO Mark W. Kowlzan sold 25,000 shares at an average price of $215.97, marking a 5.41% decrease in his position.
  • Interested in Packaging Corporation of America? Here are five stocks we like better.

Packaging Corporation of America (NYSE:PKG - Get Free Report) had its price target upped by investment analysts at UBS Group from $220.00 to $226.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has a "neutral" rating on the industrial products company's stock. UBS Group's target price points to a potential upside of 5.95% from the company's current price.

A number of other equities analysts have also commented on PKG. Citigroup raised their price objective on Packaging Corporation of America from $214.00 to $218.00 and gave the stock a "neutral" rating in a research note on Monday. JPMorgan Chase & Co. began coverage on Packaging Corporation of America in a research note on Wednesday, September 24th. They issued an "overweight" rating and a $242.00 price target on the stock. Truist Financial lifted their price target on Packaging Corporation of America from $238.00 to $262.00 and gave the company a "buy" rating in a research note on Wednesday, September 17th. Zacks Research upgraded Packaging Corporation of America from a "hold" rating to a "strong-buy" rating in a research note on Friday, September 26th. Finally, Weiss Ratings reiterated a "buy (b-)" rating on shares of Packaging Corporation of America in a research note on Saturday, September 27th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Packaging Corporation of America currently has a consensus rating of "Moderate Buy" and a consensus target price of $225.50.

View Our Latest Research Report on Packaging Corporation of America

Packaging Corporation of America Price Performance

Packaging Corporation of America stock traded down $1.24 during mid-day trading on Monday, reaching $213.30. 123,767 shares of the company were exchanged, compared to its average volume of 826,551. The company has a fifty day simple moving average of $208.05 and a 200-day simple moving average of $197.90. Packaging Corporation of America has a 12 month low of $172.71 and a 12 month high of $250.82. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.54 and a quick ratio of 2.32. The firm has a market cap of $19.19 billion, a PE ratio of 21.31, a PEG ratio of 1.84 and a beta of 0.91.

Packaging Corporation of America (NYSE:PKG - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The industrial products company reported $2.48 EPS for the quarter, topping analysts' consensus estimates of $2.44 by $0.04. Packaging Corporation of America had a return on equity of 20.08% and a net margin of 10.47%.The firm had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.18 billion. During the same quarter last year, the company earned $2.20 EPS. The company's revenue was up 4.7% on a year-over-year basis. Packaging Corporation of America has set its Q3 2025 guidance at 2.800-2.800 EPS. As a group, equities research analysts expect that Packaging Corporation of America will post 10.44 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Mark W. Kowlzan sold 25,000 shares of the business's stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $215.97, for a total transaction of $5,399,250.00. Following the sale, the chief executive officer owned 437,378 shares in the company, valued at $94,460,526.66. The trade was a 5.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Greenfield Savings Bank acquired a new position in Packaging Corporation of America during the 3rd quarter worth about $226,000. GAMMA Investing LLC lifted its holdings in Packaging Corporation of America by 12.0% during the 3rd quarter. GAMMA Investing LLC now owns 4,068 shares of the industrial products company's stock worth $887,000 after buying an additional 437 shares during the period. Global Wealth Strategies & Associates acquired a new position in Packaging Corporation of America during the 3rd quarter worth about $44,000. Caldwell Trust Co acquired a new position in Packaging Corporation of America during the 2nd quarter worth about $690,000. Finally, Osaic Holdings Inc. lifted its holdings in Packaging Corporation of America by 3.4% during the 2nd quarter. Osaic Holdings Inc. now owns 31,530 shares of the industrial products company's stock worth $5,945,000 after buying an additional 1,048 shares during the period. 89.78% of the stock is owned by institutional investors and hedge funds.

About Packaging Corporation of America

(Get Free Report)

Packaging Corporation of America engages in the production of container products. It operates through the following segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers a variety of corrugated packaging products, such as conventional shipping containers. The Paper segment manufactures and sells a range of papers, including communication-based papers, and pressure sensitive papers.

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Analyst Recommendations for Packaging Corporation of America (NYSE:PKG)

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