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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
BREAKING: Tiny biotech successfully treats blindness (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
PwC Australia sidelines 9 directors as leak of tax information investigated
BREAKING: Tiny biotech successfully treats blindness (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
BREAKING: Tiny biotech successfully treats blindness (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
PwC Australia sidelines 9 directors as leak of tax information investigated
BREAKING: Tiny biotech successfully treats blindness (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
BREAKING: Tiny biotech successfully treats blindness (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
PwC Australia sidelines 9 directors as leak of tax information investigated
BREAKING: Tiny biotech successfully treats blindness (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
NYSE:PACK

Ranpak (PACK) Stock Forecast, Price & News

$3.35
+0.12 (+3.72%)
(As of 05/26/2023 07:00 PM ET)
Compare
Today's Range
$3.17
$3.38
50-Day Range
$2.94
$5.52
52-Week Range
$2.66
$13.18
Volume
237,000 shs
Average Volume
453,521 shs
Market Capitalization
$276.07 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.63

Ranpak MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
67.9% Upside
$5.63 Price Target
Short Interest
Healthy
3.70% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$284,510 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.36 out of 5 stars

Basic Materials Sector

73rd out of 164 stocks

Converted Paper & Paperboard Products, Except Containers & Box Industry

3rd out of 3 stocks


PACK stock logo

About Ranpak (NYSE:PACK) Stock

Ranpak Holdings Corp. engages in the provision of product protection solutions for e-commerce and industrial supply chains in North America, Europe, and Asia. It also offers protective packaging solutions, such as Void-Fill protective systems that convert paper to fill empty spaces in secondary packages, Cushioning protective systems, which convert paper into cushioning pads, 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, Cold Chain, Box Lining, and Retail. The company was founded in 1972 and is headquartered in Concord Township, OH.

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PACK Stock News Headlines

Founder of Ranpak Holdings Picks Up 1.9% More Stock
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
Craig-Hallum Reaffirms Their Buy Rating on Ranpak Holdings (PACK)
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
Ranpak Hldgs: Q1 Earnings Insights
Void Filling Material Market Top Players By 2031
Earnings Outlook For Ranpak Holdings
PACK Ranpak Holdings Corp.
See More Headlines
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PACK Company Calendar

Last Earnings
5/04/2023
Today
5/29/2023
Next Earnings (Estimated)
7/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Converted paper & paperboard products, except containers & box
Sub-Industry
N/A
Fax
N/A
Employees
875
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$5.63
High Stock Price Forecast
$6.00
Low Stock Price Forecast
$5.25
Forecasted Upside/Downside
+67.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-41,400,000.00
Pretax Margin
-16.30%

Debt

Sales & Book Value

Annual Sales
$326.50 million
Cash Flow
$0.57 per share
Book Value
$7.47 per share

Miscellaneous

Free Float
76,392,000
Market Cap
$276.07 million
Optionable
Not Optionable
Beta
1.57

Key Executives

  • Omar Marwan Asali
    Executive Chairman & Chief Executive Officer
  • William E. Drew
    Chief Financial Officer & Senior Vice President
  • Michael S. Gliedman
    Director & Chief Technology Officer
  • Sara Horvath
    Secretary, Vice President & General Counsel
  • Bharani Bobba
    Head-Growth Strategies













PACK Stock - 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 year. There are currently 1 hold rating and 1 buy rating 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 forecast for 2023?

2 brokers have issued twelve-month price objectives for Ranpak's stock. Their PACK share price forecasts range from $5.25 to $6.00. On average, they expect the company's share price to reach $5.63 in the next year. This suggests a possible upside of 67.9% 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 2023?

Ranpak's stock was trading at $5.77 on January 1st, 2023. Since then, PACK shares have decreased by 41.9% and is now trading at $3.35.
View the best growth stocks for 2023 here
.

When is Ranpak's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our PACK earnings forecast
.

How were Ranpak's earnings last quarter?

Ranpak Holdings Corp. (NYSE:PACK) posted its earnings results on Thursday, May, 4th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by $0.10. The company had revenue of $81.20 million for the quarter, compared to analyst estimates of $83.54 million. Ranpak had a negative net margin of 12.21% and a negative trailing twelve-month return on equity of 6.49%. The company's revenue was down 1.6% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.17) EPS.

What ETFs hold Ranpak's stock?

ETFs with the largest weight of Ranpak (NYSE:PACK) stock in their portfolio include Invesco MSCI Global Timber ETF (CUT) and Vanguard Materials ETF (VAW).Fidelity MSCI Materials Index ETF (FMAT).

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

Ranpak issued an update on its FY 2023 earnings guidance on Wednesday, March, 15th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $365.00 million-$385.00 million, compared to the consensus revenue estimate of $359.79 million.

What is Ranpak's stock symbol?

Ranpak trades on the New York Stock Exchange (NYSE) under the ticker symbol "PACK."

Who are Ranpak's major shareholders?

Ranpak's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.16%), Ameriprise Financial Inc. (3.75%), Westfield Capital Management Co. LP (3.38%), ArrowMark Colorado Holdings LLC (3.33%), abrdn plc (3.24%) and Thrivent Financial for Lutherans (2.87%). Insiders that own company stock include Alicia M Tranen, Antonio Grassotti, Eric Laurensse, Kurt Zumwalt, Michael Anthony Jones, Omar Asali, Pamela K El, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ranpak's stock price today?

One share of PACK stock can currently be purchased for approximately $3.35.

How much money does Ranpak make?

Ranpak (NYSE:PACK) has a market capitalization of $276.07 million and generates $326.50 million in revenue each year. The company earns $-41,400,000.00 in net income (profit) each year or ($0.49) on an earnings per share basis.

How many employees does Ranpak have?

The company employs 875 workers across the globe.

How can I contact Ranpak?

Ranpak's mailing address is 7990 AUBURN ROAD, CONCORD OH, 44077. The official website for the company is www.ranpak.com. The company can be reached via phone at (440) 354-4445 or via email at ir@ranpak.com.

This page (NYSE:PACK) was last updated on 5/29/2023 by MarketBeat.com Staff

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