NYSE:PACK Ranpak - PACK Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Ranpak Holdings Corp. Please log in to your account or sign up in order to add this asset to your watchlist. $5.17 0.00 (0.00%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$5.03▼$5.2250-Day Range$4.68▼$8.2152-Week Range$2.90▼$22.73Volume282,334 shsAverage Volume408,243 shsMarket Capitalization$423.99 millionP/E RatioN/ADividend YieldN/APrice Target$10.42 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Ranpak MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside101.5% Upside$10.42 Price TargetShort InterestHealthy3.30% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.33Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.84 out of 5 starsBasic Materials Sector124th out of 162 stocksConverted Paper & Paperboard Products, Except Containers & Box Industry3rd out of 3 stocks 3.3 Analyst's Opinion Consensus RatingRanpak has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.42, Ranpak has a forecasted upside of 101.5% from its current price of $5.17.Amount of Analyst CoverageRanpak has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.30% of the float of Ranpak has been sold short.Short Interest Ratio / Days to CoverRanpak has a short interest ratio ("days to cover") of 7.2.Change versus previous monthShort interest in Ranpak has recently decreased by 3.61%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldRanpak does not currently pay a dividend.Dividend GrowthRanpak does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PACK. Previous Next 0.9 News and Social Media Coverage News SentimentRanpak has a news sentiment score of -0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.40 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Ranpak this week, compared to 1 article on an average week.Search InterestOnly 9 people have searched for PACK on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ranpak insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.60% of the stock of Ranpak is held by insiders.Percentage Held by Institutions92.05% of the stock of Ranpak is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Ranpak is -10.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Ranpak is -10.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioRanpak has a P/B Ratio of 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ranpak (NYSE:PACK) StockRanpak 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.Read More Receive PACK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ranpak and its competitors with MarketBeat's FREE daily newsletter. Email Address PACK Stock News HeadlinesMarch 24, 2023 | marketwatch.comVoid Filling Material Market Top Players By 2031March 20, 2023 | finance.yahoo.comRanpak Holdings Corp. (NYSE:PACK) Q4 2022 Earnings Call TranscriptMarch 26, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!March 17, 2023 | seekingalpha.comRanpak Holdings Corp. (PACK) Q4 2022 Earnings Call TranscriptMarch 17, 2023 | finance.yahoo.comRanpak Holdings Full Year 2022 Earnings: Revenues DisappointMarch 15, 2023 | finance.yahoo.comRanpak Holdings Corp. Reports Fourth Quarter and Full Year 2022 Financial ResultsMarch 14, 2023 | msn.comEarnings Outlook For Ranpak HoldingsMarch 8, 2023 | marketwatch.comBiodegradable Bubble Wrap Market Expert Business Study Report 2023-2028March 26, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!March 7, 2023 | finance.yahoo.comRanpak to Hold Conference Call to Discuss Fourth Quarter 2022 ResultsFebruary 28, 2023 | finance.yahoo.comAt US$6.22, Is It Time To Put Ranpak Holdings Corp. (NYSE:PACK) On Your Watch List?February 23, 2023 | seekingalpha.comPACK Ranpak Holdings Corp.February 1, 2023 | finance.yahoo.comA Look At The Fair Value Of Ranpak Holdings Corp. (NYSE:PACK)January 11, 2023 | finance.yahoo.comRanpak Named Winner of 2023 Innovation Award from Business Intelligence GroupDecember 9, 2022 | finance.yahoo.comDo You Think Ranpak Holdings Corp. (PACK) is a Worthy Investment?November 30, 2022 | seekingalpha.comRanpak Holdings: Attractive Even Though It's Facing Some Pain TodayNovember 30, 2022 | seekingalpha.comRanpak Holdings: A High-Risk/High-Reward Turnaround PlayNovember 29, 2022 | bizjournals.comRanpak managing director steps down; successor search beginsNovember 29, 2022 | finance.yahoo.comRanpak Announces Michael A. Jones Stepping Down as Vice Chairman and Managing Director, North AmericaNovember 28, 2022 | finance.yahoo.comInvestors in Ranpak Holdings (NYSE:PACK) have unfortunately lost 86% over the last yearNovember 9, 2022 | msn.comRanpak Holdings's Return on Invested Capital InsightsNovember 8, 2022 | finance.yahoo.comRanpak Holdings Corp. (NYSE:PACK) insiders' US$1.2m purchase saw a boost of US$79k after market cap rose US$135mNovember 4, 2022 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: Ecolab (ECL) and Ranpak Holdings (PACK)November 1, 2022 | seekingalpha.comRanpak Holdings Corp (PACK) Q3 2022 Earnings Call TranscriptNovember 1, 2022 | msn.comRecap: Ranpak Hldgs Q3 EarningsNovember 1, 2022 | finance.yahoo.comRanpak Holdings Corp. Reports Third Quarter 2022 Financial ResultsOctober 24, 2022 | finance.yahoo.comRanpak to Hold Conference Call to Discuss Third Quarter 2022 ResultsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PACK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ranpak and its competitors with MarketBeat's FREE daily newsletter. Email Address PACK Company Calendar Last Earnings3/15/2023Today3/26/2023Next Earnings (Estimated)5/05/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Converted paper & paperboard products, except containers & box Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:PACK CUSIPN/A CIK1712463 Webwww.ranpak.com Phone(440) 354-4445FaxN/AEmployees875Year FoundedN/APrice Target and Rating Average Stock Price Forecast$10.42 High Stock Price Forecast$19.00 Low Stock Price Forecast$5.25 Forecasted Upside/Downside+101.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.51) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-41,400,000.00 Net Margins-12.68% Pretax Margin-13.14% Return on Equity-6.67% Return on Assets-3.54% Debt Debt-to-Equity Ratio0.62 Current Ratio3.54 Quick Ratio2.85 Sales & Book Value Annual Sales$326.50 million Price / Sales1.30 Cash Flow$1.16 per share Price / Cash Flow4.46 Book Value$7.82 per share Price / Book0.66Miscellaneous Outstanding Shares82,010,000Free Float76,595,000Market Cap$423.99 million OptionableNot Optionable Beta1.60 Key ExecutivesOmar Marwan AsaliExecutive Chairman & Chief Executive OfficerWilliam E. DrewChief Financial Officer & Senior Vice PresidentMichael S. GliedmanDirector & Chief Technology OfficerSara HorvathSecretary, Vice President & General CounselBharani BobbaHead-Growth StrategiesKey CompetitorsTaseko MinesNYSE:TGBRayonier Advanced MaterialsNYSE:RYAMMcEwen MiningNYSE:MUXValhiNYSE:VHIAmyrisNASDAQ:AMRSView All CompetitorsInsiders & InstitutionsPalisade Capital Management LPBought 112,736 shares on 3/24/2023Ownership: 0.908%Rockefeller Capital Management L.P.Sold 26,570 shares on 3/6/2023Ownership: 0.008%Alliancebernstein L.P.Bought 7,300 shares on 2/16/2023Ownership: 0.043%State of Wisconsin Investment BoardBought 16,262 shares on 2/15/2023Ownership: 0.344%Mariner LLCBought 17,991 shares on 2/15/2023Ownership: 0.022%View All Insider TransactionsView All Institutional Transactions PACK Stock - Frequently Asked Questions Should I buy or sell Ranpak stock right now? 2 Wall Street 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 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 Wall Street analysts have issued 12 month target prices for Ranpak's shares. Their PACK share price forecasts range from $5.25 to $19.00. On average, they expect the company's stock price to reach $10.42 in the next year. This suggests a possible upside of 101.5% 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 at the start of the year. Since then, PACK shares have decreased by 10.4% and is now trading at $5.17. 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 Friday, May 5th 2023. View our PACK earnings forecast. How were Ranpak's earnings last quarter? Ranpak Holdings Corp. (NYSE:PACK) issued its quarterly earnings results on Wednesday, March, 15th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.03. The firm earned $79.40 million during the quarter, compared to the consensus estimate of $88.64 million. Ranpak had a negative trailing twelve-month return on equity of 6.67% and a negative net margin of 12.68%. The firm's quarterly revenue was down 27.4% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.02) earnings per share. 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 many different retail and institutional investors. Top institutional shareholders include ArrowMark Colorado Holdings LLC (3.96%), abrdn plc (3.57%), Thrivent Financial for Lutherans (2.73%), Amundi (1.81%), G2 Investment Partners Management LLC (1.00%) and Geode Capital Management LLC (0.93%). 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 $5.17. How much money does Ranpak make? Ranpak (NYSE:PACK) has a market capitalization of $423.99 million and generates $326.50 million in revenue each year. The company earns $-41,400,000.00 in net income (profit) each year or ($0.51) 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 3/26/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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