S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Biden's Plan to Confiscate Your Cash? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Biden's Plan to Confiscate Your Cash? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Biden's Plan to Confiscate Your Cash? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Biden's Plan to Confiscate Your Cash? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
The Financial Day of Reckoning Has Begun (Ad)
TSE:WPK

Winpak - WPK Stock Forecast, Price & News

C$45.75
+0.66 (+1.46%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
C$45.09
C$45.77
50-Day Range
C$39.51
C$46.67
52-Week Range
C$34.74
C$47.50
Volume
12,180 shs
Average Volume
56,627 shs
Market Capitalization
C$2.97 billion
P/E Ratio
19.55
Dividend Yield
0.27%
Price Target
C$52.33
WPK stock logo

About Winpak (TSE:WPK) Stock

Winpak Ltd. manufactures and distributes packaging materials and related packaging machines in the United States, Canada, Mexico, and internationally. The company operates through three segments: Flexible Packaging, Rigid Packaging and Flexible Lidding, and Packaging Machinery. The Flexible Packaging segment provides modified atmosphere packaging products for fresh and processed meats, poultry, cheese, medical device packaging, and high performance pouch applications; high-barrier films for converting applications; barrier and non-barrier films, including shrink bags for printing, laminating, and bag making applications; and biaxially oriented nylon films for food packaging and industrial applications. The Rigid Packaging and Flexible Lidding segment offers portion control and single-serve containers, as well as plastic sheet, custom, and retort trays for food, pet food, beverage, dairy, industrial, and healthcare applications; die-cut, daisy chain, and rollstock lidding products for food, dairy, beverage, industrial, and healthcare applications; and specialized printed packaging solutions for the pharmaceutical, healthcare, nutraceutical, cosmetic, and personal care markets. The Packaging Machinery segment provides horizontal fill/seal machines for preformed containers and vertical form/fill/seal pouch machines for pumpable liquid and semi-liquid, as well as various dry products. The company was incorporated in 1975 and is based in Winnipeg, Canada. Winpak Ltd. is a subsidiary of Wihuri International Oy.

Winpak Stock Performance

TSE:WPK opened at C$45.75 on Friday. Winpak has a 1 year low of C$34.74 and a 1 year high of C$47.50. The firm has a 50 day moving average of C$43.72 and a 200-day moving average of C$41.41. The company has a current ratio of 6.36, a quick ratio of 4.36 and a debt-to-equity ratio of 1.07. The stock has a market capitalization of C$2.97 billion and a P/E ratio of 19.55.

Winpak (TSE:WPK - Get Rating) last released its earnings results on Thursday, July 21st. The company reported C$0.66 EPS for the quarter, topping analysts' consensus estimates of C$0.56 by C$0.10. The business had revenue of C$396.00 million for the quarter, compared to analyst estimates of C$354.43 million. As a group, sell-side analysts anticipate that Winpak will post 2.7799999 EPS for the current fiscal year.

Winpak Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 11th. Shareholders of record on Monday, October 3rd will be given a dividend of $0.03 per share. The ex-dividend date is Friday, September 30th. This represents a $0.12 annualized dividend and a yield of 0.26%. Winpak's dividend payout ratio (DPR) is presently 4.03%.

Analyst Ratings Changes

WPK has been the subject of several research analyst reports. CIBC boosted their price objective on Winpak from C$44.00 to C$46.00 and gave the company a "neutral" rating in a report on Wednesday, April 27th. Scotiabank upped their target price on Winpak from C$54.00 to C$57.00 in a research report on Friday, July 22nd. Finally, Pi Financial upped their price target on Winpak from C$49.00 to C$54.00 and gave the company a "buy" rating in a report on Friday, July 22nd.

Receive WPK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Winpak and its competitors with MarketBeat's FREE daily newsletter.

WPK Stock News Headlines

Winpak Ltd stock reduced on Friday.
Stocks in play: Winpak, Ltd
Scotiabank Increases Winpak (TSE:WPK) Price Target to C$57.00
Winpak (TSE:WPK) Hits New 1-Year High at $46.98
Winpak Reports 2022 Second Quarter Results
Factors that could move the Winpak share price
EDM, TransAlta, Winpak at 52-Week Highs
Winpak Reports 2022 First Quarter Results
Winpak Reports 2021 Fourth Quarter Results
See More Headlines
Receive WPK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Winpak and its competitors with MarketBeat's FREE daily newsletter.

WPK Company Calendar

Ex-Dividend for 7/11 Dividend
6/30/2022
Dividend Payable
7/11/2022
Last Earnings
7/21/2022
Today
8/13/2022
Ex-Dividend for 10/11 Dividend
9/30/2022
Dividend Payable
10/11/2022
Next Earnings (Estimated)
10/20/2022

Industry, Sector and Symbol

Industry
Packaging & Containers
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
2,563
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$52.33
High Stock Price Forecast
C$57.00
Low Stock Price Forecast
C$46.00
Forecasted Upside/Downside
+14.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.12 billion
Cash Flow
C$5.80 per share
Book Value
C$17.60 per share

Miscellaneous

Free Float
N/A
Market Cap
C$2.97 billion
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Olivier Y. Muggli
    Pres & CEO
  • Mr. Mustafa Bilgen
    VP of Technology & Innovation
  • Mr. James C. Holland
    VP & Pres of Winpak Division and Winpak Films Inc.
  • Mr. Gregory L. Powell
    Pres of Winpak Portion Packaging and Winpak Heat Seal
  • Mr. Scott McKenzie Taylor
    VP, CFO and Director of Corp. Accounting & Treasury
  • M. D. Meyer
    Sec.













WPK Stock - Frequently Asked Questions

Should I buy or sell Winpak stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Winpak in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WPK shares.
View WPK analyst ratings
or view top-rated stocks.

What is Winpak's stock price forecast for 2022?

2 Wall Street analysts have issued 12-month target prices for Winpak's shares. Their WPK share price forecasts range from C$46.00 to C$57.00. On average, they predict the company's stock price to reach C$52.33 in the next year. This suggests a possible upside of 14.4% from the stock's current price.
View analysts price targets for WPK
or view top-rated stocks among Wall Street analysts.

How have WPK shares performed in 2022?

Winpak's stock was trading at C$37.17 at the start of the year. Since then, WPK stock has increased by 23.1% and is now trading at C$45.75.
View the best growth stocks for 2022 here
.

When is Winpak's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 20th 2022.
View our WPK earnings forecast
.

How were Winpak's earnings last quarter?

Winpak Ltd. (TSE:WPK) announced its quarterly earnings data on Thursday, July, 21st. The company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.10. The business had revenue of $396 million for the quarter, compared to analysts' expectations of $354.43 million.

How often does Winpak pay dividends? What is the dividend yield for Winpak?

Winpak announced a quarterly dividend on Tuesday, July 26th. Investors of record on Monday, October 3rd will be given a dividend of 0.03 per share on Tuesday, October 11th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.26%. The ex-dividend date of this dividend is Friday, September 30th.
Read our dividend analysis for WPK
.

Is Winpak a good dividend stock?

Winpak (TSE:WPK) pays an annual dividend of C$0.09 per share and currently has a dividend yield of 0.27%. The dividend payout ratio is 4.03%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for WPK.

What other stocks do shareholders of Winpak own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Winpak investors own include (HCLP) (HCLP), ZCL Composites (ZCL), eBay (EBAY), CGI (GIB.A), Alimentation Couche-Tard (ATD.B), Dollarama (DOL), Magna International (MG), OneREIT (ONR.UN), Pretium Resources (PVG) and Interfor (IFP).

What is Winpak's stock symbol?

Winpak trades on the Toronto Stock Exchange (TSX) under the ticker symbol "WPK."

How do I buy shares of Winpak?

Shares of WPK stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Winpak's stock price today?

One share of WPK stock can currently be purchased for approximately C$45.75.

How much money does Winpak make?

Winpak (TSE:WPK) has a market capitalization of C$2.97 billion and generates C$1.12 billion in revenue each year.

How many employees does Winpak have?

The company employs 2,563 workers across the globe.

How can I contact Winpak?

Winpak's mailing address is 100 Saulteaux Cres, WINNIPEG, MB R3J 3T3, Canada. The official website for the company is www.winpak.com. The company can be reached via phone at +1-204-8891015.

This page (TSE:WPK) was last updated on 8/13/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.