NYSE:PACK Ranpak (PACK) Stock Forecast, Price & News $3.35 +0.12 (+3.72%) (As of 05/26/2023 07:00 PM ET) Add Compare Share Share Today's Range$3.17▼$3.3850-Day Range$2.94▼$5.5252-Week Range$2.66▼$13.18Volume237,000 shsAverage Volume453,521 shsMarket Capitalization$276.07 millionP/E RatioN/ADividend YieldN/APrice Target$5.63 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Ranpak MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside67.9% Upside$5.63 Price TargetShort InterestHealthy3.70% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$284,510 Bought Last QuarterProj. 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.2.36 out of 5 starsBasic Materials Sector73rd out of 164 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 $5.63, Ranpak has a forecasted upside of 67.9% from its current price of $3.35.Amount of Analyst CoverageRanpak has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.70% of the float of Ranpak has been sold short.Short Interest Ratio / Days to CoverRanpak has a short interest ratio ("days to cover") of 5.1.Change versus previous monthShort interest in Ranpak has recently decreased by 7.51%, indicating that investor sentiment is improving significantly. 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 2.9 News and Social Media Coverage News SentimentRanpak has a news sentiment score of 1.25. 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 higher news sentiment than the 0.33 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 1 news article for Ranpak this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for PACK on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows3 people have added Ranpak to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ranpak insiders have bought more of their company's stock than they have sold. Specifically, they have bought $284,510.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 7.30% 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 -6.84, 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 -6.84, 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 0.45. 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 HeadlinesMay 16, 2023 | finance.yahoo.comRanpak Named 2023 SEAL Sustainable Innovation Award WinnerMay 14, 2023 | uk.finance.yahoo.comFounder of Ranpak Holdings Picks Up 1.9% More StockMay 29, 2023 | Behind the Markets (Ad)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.May 14, 2023 | finance.yahoo.comFounder of Ranpak Holdings Picks Up 1.9% More Stock \May 14, 2023 | americanbankingnews.comInsider Buying: Ranpak Holdings Corp. (NYSE:PACK) CEO Acquires $178,295.20 in StockMay 13, 2023 | americanbankingnews.comAlicia M. Tranen Purchases 36,500 Shares of Ranpak Holdings Corp. (NYSE:PACK) StockMay 10, 2023 | markets.businessinsider.comCraig-Hallum Reaffirms Their Buy Rating on Ranpak Holdings (PACK)May 8, 2023 | marketwatch.comGlobal Cushion Paper Market by Challenges with Predictions Up-to 2030May 29, 2023 | Behind the Markets (Ad)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.May 8, 2023 | americanbankingnews.comRanpak (NYSE:PACK) Price Target Lowered to $6.00 at Robert W. BairdMay 5, 2023 | marketwatch.comTray Former Market 2023 Growth, Trend, Opportunity and Future Outlook 2029 with top key players ARPAC Group, Bosch Corporation, DS Smith, RanpakMay 5, 2023 | msn.comBaird Maintains Ranpak Holdings Corp - (PACK) Outperform RecommendationMay 4, 2023 | msn.comRanpak Hldgs: Q1 Earnings InsightsMay 4, 2023 | finance.yahoo.comRanpak Holdings Corp. Reports First Quarter 2023 Financial ResultsApril 28, 2023 | finance.yahoo.comRanpak to Hold Conference Call to Discuss First Quarter 2023 ResultsApril 17, 2023 | finance.yahoo.comRanpak Holdings Corp. (NYSE:PACK) Could Be Riskier Than It LooksApril 4, 2023 | finance.yahoo.comRanpak Expands Plastic-Free Protective Packaging Offerings with North American Launch of Geami MS Mini™ Wrapping SystemMarch 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 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 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.See 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 Earnings5/04/2023Today5/29/2023Next Earnings (Estimated)7/27/2023Fiscal 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$5.63 High Stock Price Forecast$6.00 Low Stock Price Forecast$5.25 Forecasted Upside/Downside+67.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.49) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-41,400,000.00 Net Margins-12.21% Pretax Margin-16.30% Return on Equity-6.49% Return on Assets-3.46% Debt Debt-to-Equity Ratio0.65 Current Ratio3.27 Quick Ratio2.74 Sales & Book Value Annual Sales$326.50 million Price / Sales0.85 Cash Flow$0.57 per share Price / Cash Flow5.90 Book Value$7.47 per share Price / Book0.45Miscellaneous Outstanding Shares82,410,000Free Float76,392,000Market Cap$276.07 million OptionableNot Optionable Beta1.57 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 CompetitorsOil-Dri Co. of AmericaNYSE:ODCAmyrisNASDAQ:AMRSRayonier Advanced MaterialsNYSE:RYAMNL IndustriesNYSE:NLIntrepid PotashNYSE:IPIView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Bought 537,096 shares on 5/22/2023Ownership: 3.754%New York State Common Retirement FundBought 60,140 shares on 5/18/2023Ownership: 0.366%JPMorgan Chase & Co.Bought 9,824 shares on 5/18/2023Ownership: 0.042%Thrivent Financial for LutheransBought 128,992 shares on 5/17/2023Ownership: 2.870%State Street CorpBought 14,509 shares on 5/16/2023Ownership: 0.988%View All Insider TransactionsView All Institutional Transactions 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. 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