FY2025 EPS Estimates for Ranpak Raised by Cantor Fitzgerald

Key Points

• Cantor Fitzgerald has revised its FY2025 earnings estimate for Ranpak Holdings Corp to ($0.32) per share, up from a previous estimate of ($0.38), while maintaining an "Overweight" rating and a target price of $6.50.
• Ranpak's most recent quarterly earnings report showed an EPS of (0.09), missing analyst expectations, with revenue at $77.80 million compared to estimates of $94.45 million.
• Institutional investors own nearly 86% of Ranpak's stock, with notable purchases from firms such as GAMMA Investing LLC and Farther Finance Advisors LLC.

Ranpak Holdings Corp (NYSE:PACK - Free Report) - Equities researchers at Cantor Fitzgerald raised their FY2025 EPS estimates for Ranpak in a research note issued to investors on Wednesday, August 6th. Cantor Fitzgerald analyst T. Jensen now expects that the company will earn ($0.32) per share for the year, up from their previous estimate of ($0.38). Cantor Fitzgerald has a "Overweight" rating and a $6.50 price objective on the stock. The consensus estimate for Ranpak's current full-year earnings is ($0.20) per share.

A number of other brokerages have also issued reports on PACK. Craig Hallum reiterated a "buy" rating on shares of Ranpak in a research note on Tuesday, August 5th. Robert W. Baird cut their target price on shares of Ranpak from $7.00 to $5.00 and set a "neutral" rating on the stock in a research note on Wednesday, May 7th.

Ranpak Trading Down 0.9%

Shares of Ranpak stock traded down $0.03 during trading hours on Friday, hitting $3.95. The company's stock had a trading volume of 406,296 shares, compared to its average volume of 486,984. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.30 and a current ratio of 1.74. The firm has a fifty day moving average of $3.67 and a 200-day moving average of $4.70. Ranpak has a twelve month low of $2.91 and a twelve month high of $8.70.

Ranpak (NYSE:PACK - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.13). Ranpak had a negative net margin of 9.06% and a negative return on equity of 6.29%. The business had revenue of $77.80 million for the quarter, compared to analysts' expectations of $94.45 million.

Institutional Investors Weigh In On Ranpak

Several large investors have recently modified their holdings of the company. ArrowMark Colorado Holdings LLC raised its position in Ranpak by 3.4% in the 4th quarter. ArrowMark Colorado Holdings LLC now owns 3,125,019 shares of the company's stock valued at $21,500,000 after purchasing an additional 102,804 shares during the last quarter. G2 Investment Partners Management LLC increased its stake in Ranpak by 28.7% in the fourth quarter. G2 Investment Partners Management LLC now owns 3,070,511 shares of the company's stock valued at $21,125,000 after purchasing an additional 683,851 shares during the period. Petrus Trust Company LTA increased its stake in Ranpak by 5.8% in the first quarter. Petrus Trust Company LTA now owns 2,643,439 shares of the company's stock valued at $14,327,000 after purchasing an additional 146,010 shares during the period. Dimensional Fund Advisors LP increased its position in Ranpak by 8.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,569,282 shares of the company's stock valued at $17,677,000 after acquiring an additional 198,973 shares during the period. Finally, Vanguard Group Inc. lifted its position in shares of Ranpak by 2.0% during the 4th quarter. Vanguard Group Inc. now owns 2,543,196 shares of the company's stock valued at $17,497,000 after acquiring an additional 49,102 shares during the period. 85.94% of the stock is owned by institutional investors and hedge funds.

Ranpak Company Profile

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.