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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
The gold catalyst we’ve waited for (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Modern Day Options Trading For Beginners! (Ad)pixel
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Modern Day Options Trading For Beginners! (Ad)pixel
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
The gold catalyst we’ve waited for (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Modern Day Options Trading For Beginners! (Ad)pixel
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Modern Day Options Trading For Beginners! (Ad)pixel
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
The gold catalyst we’ve waited for (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Modern Day Options Trading For Beginners! (Ad)pixel
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Modern Day Options Trading For Beginners! (Ad)pixel
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
NYSE:PACK

Ranpak - PACK Stock Forecast, Price & News

$5.17
0.00 (0.00%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$5.03
$5.22
50-Day Range
$4.68
$8.21
52-Week Range
$2.90
$22.73
Volume
282,334 shs
Average Volume
408,243 shs
Market Capitalization
$423.99 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.42

Ranpak MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
101.5% Upside
$10.42 Price Target
Short Interest
Healthy
3.30% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.33mentions of Ranpak in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
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.

1.84 out of 5 stars

Basic Materials Sector

124th out of 162 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

Void Filling Material Market Top Players By 2031
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!
Earnings Outlook For Ranpak Holdings
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!
PACK Ranpak Holdings Corp.
Ranpak Holdings: A High-Risk/High-Reward Turnaround Play
Recap: Ranpak Hldgs Q3 Earnings
See More Headlines
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PACK Company Calendar

Last Earnings
3/15/2023
Today
3/26/2023
Next Earnings (Estimated)
5/05/2023
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
$10.42
High Stock Price Forecast
$19.00
Low Stock Price Forecast
$5.25
Forecasted Upside/Downside
+101.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-41,400,000.00
Pretax Margin
-13.14%

Debt

Sales & Book Value

Annual Sales
$326.50 million
Cash Flow
$1.16 per share
Book Value
$7.82 per share

Miscellaneous

Free Float
76,595,000
Market Cap
$423.99 million
Optionable
Not Optionable
Beta
1.60

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 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