S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:PACK

Ranpak Stock Forecast, Price & News

$38.95
-1.97 (-4.81%)
(As of 11/26/2021 12:00 AM ET)
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Today's Range
$38.50
$40.00
50-Day Range
$26.82
$42.20
52-Week Range
$10.82
$42.97
Volume
192,130 shs
Average Volume
374,166 shs
Market Capitalization
$3.17 billion
P/E Ratio
N/A
Dividend Yield
N/A
Beta
1.17
30 days | 90 days | 365 days | Advanced Chart
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Ranpak logo

About Ranpak

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 and protect objects; 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.

Headlines

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Industry, Sector and Symbol

Industry
Converted paper & paperboard products, except containers & box
Sub-Industry
N/A
Fax
N/A
Employees
645
Year Founded
N/A

Sales & Book Value

Annual Sales
$298.20 million
Cash Flow
$0.60 per share
Book Value
$7.76 per share

Profitability

Net Income
$-23.40 million
Pretax Margin
-1.94%

Debt

Price-To-Earnings

Miscellaneous

Free Float
74,481,000
Market Cap
$3.17 billion
Optionable
Not Optionable

Company Calendar

Last Earnings
10/27/2021
Today
11/28/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
3/03/2022

MarketRank

Overall MarketRank

1.73 out of 5 stars

Basic Materials Sector

163rd out of 223 stocks

Converted Paper & Paperboard Products, Except Containers & Box Industry

3rd out of 5 stocks

Analyst Opinion: 1.4Community Rank: 4.8Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 0.0 5 -4 -3 -2 -1 -












Ranpak (NYSE:PACK) Frequently Asked Questions

Is Ranpak a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ranpak in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Ranpak stock.
View analyst ratings for Ranpak
or view top-rated stocks.

How has Ranpak's stock been impacted by Coronavirus?

Ranpak's stock was trading at $7.33 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PACK stock has increased by 431.4% and is now trading at $38.95.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Ranpak?

Ranpak saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 2,390,000 shares, an increase of 18.3% from the October 31st total of 2,020,000 shares. Based on an average trading volume of 303,300 shares, the days-to-cover ratio is currently 7.9 days. Currently, 3.3% of the company's stock are sold short.
View Ranpak's Short Interest
.

When is Ranpak's next earnings date?

Ranpak is scheduled to release its next quarterly earnings announcement on Thursday, March 3rd 2022.
View our earnings forecast for Ranpak
.

How were Ranpak's earnings last quarter?

Ranpak Holdings Corp. (NYSE:PACK) announced its quarterly earnings data on Wednesday, October, 27th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.02 by $0.04. The business earned $97.10 million during the quarter, compared to analysts' expectations of $93.20 million. Ranpak had a negative trailing twelve-month return on equity of 0.92% and a negative net margin of 1.50%. The business's revenue for the quarter was up 26.4% compared to the same quarter last year.
View Ranpak's earnings history
.

What price target have analysts set for PACK?

4 brokerages have issued 12-month target prices for Ranpak's stock. Their forecasts range from $24.00 to $38.00. On average, they expect Ranpak's stock price to reach $31.33 in the next year. This suggests that the stock has a possible downside of 19.6%.
View analysts' price targets for Ranpak
or view top-rated stocks among Wall Street analysts.

Who are Ranpak's key executives?

Ranpak's management team includes the following people:
  • Omar Marwan Asali, Executive Chairman & Chief Executive Officer
  • William E. Drew, Chief Financial Officer & Senior Vice President
  • Michael S. Gliedman, Director & Chief Technology Officer
  • Michele Smolin, Vice President & General Counsel
  • Bharani Bobba, Head-Growth Strategies

Who are some of Ranpak's key competitors?

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 retail and institutional investors. Top institutional shareholders include Alliancebernstein L.P. (4.42%), BlackRock Inc. (3.43%), Invesco Ltd. (1.61%), ArrowMark Colorado Holdings LLC (1.51%), Petrus Trust Company LTA (1.23%) and Granite Investment Partners LLC (1.10%). Company insiders that own Ranpak stock include Eric Laurensse, Js Capital Management Llc, Michael Anthony Jones, Omar Asali, Steve A Kovach, Thomas F Corley and William Drew.
View institutional ownership trends for Ranpak
.

Which institutional investors are selling Ranpak stock?

PACK stock was sold by a variety of institutional investors in the last quarter, including Healthcare of Ontario Pension Plan Trust Fund, ArrowMark Colorado Holdings LLC, Petrus Trust Company LTA, Alliancebernstein L.P., Ghisallo Capital Management LLC, Ulysses Management LLC, Thrivent Financial for Lutherans, and Russell Investments Group Ltd.. Company insiders that have sold Ranpak company stock in the last year include Eric Laurensse, Michael Anthony Jones, Omar Asali, Steve A Kovach, and Thomas F Corley.
View insider buying and selling activity for Ranpak
or view top insider-selling stocks.

Which institutional investors are buying Ranpak stock?

PACK stock was acquired by a variety of institutional investors in the last quarter, including CastleArk Alternatives LLC, Invesco Ltd., Redwood Investments LLC, BlackRock Inc., Dimensional Fund Advisors LP, Citadel Advisors LLC, Two Sigma Advisers LP, and Goldman Sachs Group Inc.. Company insiders that have bought Ranpak stock in the last two years include Js Capital Management Llc, Omar Asali, and William Drew.
View insider buying and selling activity for Ranpak
or or view top insider-buying stocks.

How do I buy shares of Ranpak?

Shares of PACK 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 $38.95.

How much money does Ranpak make?

Ranpak has a market capitalization of $3.17 billion and generates $298.20 million in revenue each year. The company earns $-23.40 million in net income (profit) each year or ($0.08) on an earnings per share basis.

How many employees does Ranpak have?

Ranpak employs 645 workers across the globe.

What is Ranpak's official website?

The official website for Ranpak is www.ranpak.com.

Where are Ranpak's headquarters?

Ranpak is headquartered at 7990 AUBURN ROAD, CONCORD OH, 44077.

How can I contact Ranpak?

Ranpak's mailing address is 7990 AUBURN ROAD, CONCORD OH, 44077. The company can be reached via phone at (440) 354-4445 or via email at [email protected].


This page was last updated on 11/28/2021 by MarketBeat.com Staff

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