NYSE:PACK

Ranpak (PACK) Stock Price, News & Analysis

$6.70
-0.59 (-8.09%)
(As of 05/10/2024 ET)
Today's Range
$6.69
$7.29
50-Day Range
$4.37
$8.06
52-Week Range
$2.63
$8.29
Volume
305,518 shs
Average Volume
440,266 shs
Market Capitalization
$553.55 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.00

Ranpak MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
34.3% Upside
$9.00 Price Target
Short Interest
Healthy
1.91% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.31mentions of Ranpak in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.53 out of 5 stars

Basic Materials Sector

115th out of 179 stocks

Converted Paper & Paperboard Products, Except Containers & Box Industry

3rd out of 3 stocks

PACK stock logo

About Ranpak Stock (NYSE:PACK)

Ranpak Holdings Corp., together with its subsidiaries, provides product protection solutions and end-of-line automation solutions for e-commerce and industrial supply chains in North America, Europe, and Asia. The company offers protective packaging solutions, such as void-fill protective systems that convert paper to fill empty spaces in secondary packages and protect objects under the FillPak brand; cushioning protective systems, which convert paper into cushioning pads under the PadPak brand; 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 under the WrapPak, Geami, and ReadyRoll brands, as well as cold chain products, which are used to provide insulation for goods. It also offers end-of-line packaging automation products, which help end users automate the void filling and box closure processes after product packing is complete. The company sells its products to end users primarily through a distributor network, and directly to select end-users. Ranpak Holdings Corp. was founded in 1972 and is headquartered in Concord Township, Ohio.

PACK Stock Price History

PACK Stock News Headlines

Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
A Closer Look at 4 Analyst Recommendations For Ranpak Hldgs
Q1 2024 Ranpak Holdings Corp Earnings Call
Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Ranpak Holdings Corp (PACK)
Ranpak Holdings Corp - Ordinary Shares - Class A
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
5/11/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Converted paper & paperboard products, except containers & box
Sub-Industry
N/A
Fax
N/A
Employees
800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$10.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+34.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-27,100,000.00
Pretax Margin
-7.76%

Debt

Sales & Book Value

Annual Sales
$336.30 million
Cash Flow
$0.36 per share
Book Value
$6.78 per share

Miscellaneous

Free Float
75,681,000
Market Cap
$553.55 million
Optionable
Optionable
Beta
2.31
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Key Executives

  • Mr. Omar Marwan Asali (Age 54)
    Founder, CEO & Chairman
  • Mr. William E. Drew (Age 42)
    Senior VP & CFO
    Comp: $294.15k
  • Mr. Michael S. Gliedman (Age 61)
    CTO & Director
    Comp: $529k
  • Mr. Antonio Grassotti (Age 63)
    Managing Director of APAC
    Comp: $491.28k
  • Mr. Eric LaurensseMr. Eric Laurensse (Age 60)
    Managing Director of EMEA
    Comp: $310.65k
  • Ms. Sara A. Horvath
    VP, General Counsel & Secretary
  • Mr. David Paul Murgio (Age 52)
    Chief Sustainability Officer
  • Mr. Jason Cho
    Managing Director of Business Development
  • Mr. Mark A. Siebert (Age 56)
    Managing Director of North America
  • Bryan Boatner
    Managing Director Automation

PACK Stock Analysis - 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 2 buy ratings 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 target for 2024?

2 Wall Street research analysts have issued twelve-month price objectives for Ranpak's shares. Their PACK share price targets range from $8.00 to $10.00. On average, they anticipate the company's stock price to reach $9.00 in the next year. This suggests a possible upside of 34.3% 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 2024?

Ranpak's stock was trading at $5.82 at the start of the year. Since then, PACK shares have increased by 15.1% and is now trading at $6.70.
View the best growth stocks for 2024 here
.

When is Ranpak's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our PACK earnings forecast
.

How were Ranpak's earnings last quarter?

Ranpak Holdings Corp. (NYSE:PACK) posted its earnings results on Thursday, May, 2nd. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.06) by $0.04. The business earned $85.30 million during the quarter, compared to analyst estimates of $85.50 million. Ranpak had a negative trailing twelve-month return on equity of 3.97% and a negative net margin of 6.70%. The firm's quarterly revenue was up 5.0% compared to the same quarter last year.

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

Ranpak updated its FY 2024 earnings guidance on Tuesday, March, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $370.0 million-$390.0 million, compared to the consensus revenue estimate of $350.5 million.

Who are Ranpak's major shareholders?

Ranpak's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (2.82%), Westfield Capital Management Co. LP (0.49%), GSA Capital Partners LLP (0.40%), Russell Investments Group Ltd. (0.39%), Empowered Funds LLC (0.33%) and Susquehanna Portfolio Strategies LLC (0.07%). Insiders that own company stock include Alicia M Tranen, Antonio Grassotti, Eric Laurensse, Kurt Zumwalt, Mark A Siebert, Michael Anthony Jones, Omar Asali, Pamela K El, Salil Seshadri, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PACK) was last updated on 5/11/2024 by MarketBeat.com Staff

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