NYSE:PACK

Ranpak (PACK) Stock Price, News & Analysis

$6.73
+0.17 (+2.59%)
(As of 05/3/2024 ET)
Today's Range
$6.49
$6.83
50-Day Range
$4.37
$8.06
52-Week Range
$2.63
$8.29
Volume
437,281 shs
Average Volume
669,988 shs
Market Capitalization
$556.03 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.00

Ranpak MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
33.7% Upside
$9.00 Price Target
Short Interest
Healthy
1.97% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.01mentions of Ranpak in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.13 out of 5 stars

Basic Materials Sector

751st out of 1,050 stocks

Converted Paper & Paperboard Products, Except Containers & Box Industry

13th out of 18 stocks

PACK stock logo

About Ranpak Stock (NYSE:PACK)

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. It also offers end-of-line packaging automation products, which help end users automate the void filling and box closure processes after product packing is complete. The company sells its products to end users primarily through a distributor network, and directly to select end-users. Ranpak Holdings Corp. was founded in 1972 and is headquartered in Concord Township, Ohio.

PACK Stock Price History

PACK Stock News Headlines

A Closer Look at 4 Analyst Recommendations For Ranpak Hldgs
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On November 16, 2023… Joe Biden accidentally revealed the name of the candidate… Who will replace him in the 2024 presidential election.
Q1 2024 Ranpak Holdings Corp Earnings Call
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On November 16, 2023… Joe Biden accidentally revealed the name of the candidate… Who will replace him in the 2024 presidential election.
Ranpak Holdings Corp (PACK)
Ranpak Holdings Corp - Ordinary Shares - Class A
Ranpak Holdings reports Q4 results
Ranpak Hldgs: Q4 Earnings Insights
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
5/03/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Converted paper & paperboard products, except containers & box
Sub-Industry
N/A
Fax
N/A
Employees
800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$10.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+33.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-27,100,000.00
Pretax Margin
-9.31%

Debt

Sales & Book Value

Annual Sales
$336.30 million
Cash Flow
$0.36 per share
Book Value
$6.92 per share

Miscellaneous

Free Float
75,681,000
Market Cap
$556.03 million
Optionable
Optionable
Beta
2.31
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Key Executives

  • Mr. Omar Marwan Asali (Age 54)
    Founder, CEO & Chairman
  • Mr. William E. Drew (Age 42)
    Senior VP & CFO
    Comp: $294.15k
  • Mr. Michael S. Gliedman (Age 61)
    CTO & Director
    Comp: $529k
  • Mr. Antonio Grassotti (Age 63)
    Managing Director of APAC
    Comp: $491.28k
  • Mr. Eric LaurensseMr. Eric Laurensse (Age 60)
    Managing Director of EMEA
    Comp: $310.65k
  • Ms. Sara A. Horvath
    VP, General Counsel & Secretary
  • Mr. David Paul Murgio (Age 52)
    Chief Sustainability Officer
  • Mr. Jason Cho
    Managing Director of Business Development
  • Mr. Mark A. Siebert (Age 56)
    Managing Director of North America
  • Bryan Boatner
    Managing Director Automation

PACK Stock Analysis - Frequently Asked Questions

Should I buy or sell Ranpak stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ranpak in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PACK shares.
View PACK analyst ratings
or view top-rated stocks.

What is Ranpak's stock price target for 2024?

2 Wall Street research analysts have issued 12 month price objectives for Ranpak's shares. Their PACK share price targets range from $8.00 to $10.00. On average, they anticipate the company's share price to reach $9.00 in the next year. This suggests a possible upside of 33.7% from the stock's current price.
View analysts price targets for PACK
or view top-rated stocks among Wall Street analysts.

How have PACK shares performed in 2024?

Ranpak's stock was trading at $5.82 at the beginning of the year. Since then, PACK shares have increased by 15.6% and is now trading at $6.73.
View the best growth stocks for 2024 here
.

When is Ranpak's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our PACK earnings forecast
.

How were Ranpak's earnings last quarter?

Ranpak Holdings Corp. (NYSE:PACK) issued its quarterly earnings results on Thursday, May, 2nd. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.04. The firm had revenue of $85.30 million for the quarter, compared to analyst estimates of $85.50 million. Ranpak had a negative trailing twelve-month return on equity of 4.63% and a negative net margin of 8.06%. The business's quarterly revenue was up 5.0% on a year-over-year basis.

What guidance has Ranpak issued on next quarter's earnings?

Ranpak updated its FY 2024 earnings guidance on Tuesday, March, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $370.0 million-$390.0 million, compared to the consensus revenue estimate of $350.5 million.

Who are Ranpak's major shareholders?

Ranpak's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include GSA Capital Partners LLP (0.40%), Los Angeles Capital Management LLC (0.06%) and BNP Paribas Financial Markets (0.05%). Insiders that own company stock include Alicia M Tranen, Antonio Grassotti, Eric Laurensse, Kurt Zumwalt, Mark A Siebert, Michael Anthony Jones, Omar Asali, Pamela K El, Salil Seshadri, Steve A Kovach, Thomas F Corley and William Drew.
View institutional ownership trends
.

How do I buy shares of Ranpak?

Shares of PACK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PACK) was last updated on 5/3/2024 by MarketBeat.com Staff

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