The stock’s traded 0.64 million shares in session while it holds an average volume of 0.99 million shares.
Currently, the stock carries a price to earnings ratio of 7.69, a price to book ratio of 1.36, and a price to sales ratio of 0.52. About 78,650 shares traded. It has underperformed by 22.07% the S&P500.
The share price of Packaging Corporation of America (NYSE:PKG) was down -1.18% during the last day of trading, with a day high of 110.72. As per Thursday, February 11, the company rating was maintained by RBC Capital Markets. The stock declined 1.25% or $1.38 reaching $108.98 per share. Packaging Corp Of America (NYSE:PKG) has risen 54.92% since August 28, 2016 and is uptrending. It has outperformed by 29.08% the S&P500. KS’s total short interest was 4.51 million shares in August as published by FINRA.
A number of investment brokers have recently updated their price targets on shares of Packaging Corporation of America (NYSE:PKG).
Investors sentiment is 1.1 in 2016 Q4. The industrial products company reported $1.52 EPS for the quarter, topping the Zacks’ consensus estimate of $1.47 by $0.05. Capital Advisors Limited Llc invested in 0.02% or 800 shares. Cannell Peter B And invested 0.38% in Packaging Corp Of America (NYSE:PKG). Ameritas Investment Partners Inc. bought a new stake in KapStone Paper and Packaging Corporation during the first quarter worth $172,000. Point72 Asia (Hong Kong) has 0.11% invested in Packaging Corp Of America (NYSE:PKG) for 1,313 shares. Citadel Advsrs Limited Co accumulated 148,147 shares or 0.01% of the stock. Hsbc Hldgs Public Ltd Liability Com holds 44,206 shares. The Montana-based Da Davidson & has invested 0% in Packaging Corp Of America (NYSE:PKG). Jlb Associates invested 2.03% of its portfolio in Packaging Corp Of America (NYSE:PKG). Packaging Corporation of America’s payout ratio is now 48.56%. Packaging Corp Amer now has $10.23B valuation. Institutions are now holders of 91.70% of the shares. Moreover, Commerzbank Aktiengesellschaft Fi has 0% invested in Packaging Corp Of America (NYSE:PKG). 330.38 million shares or 1.86% less from 336.63 million shares in 2016Q3 were reported. Commonwealth Equity Ser invested in 6,061 shares.
KapStone Paper and Packaging Corporation is a producer of containerboard and the kraft paper in North America. Therefore 36% are positive. Shares of Packaging Corporation of America are now valued at $108.50 with a furture target price of $112.67 according to research brokerages.
Among 12 analysts covering Constellium NV (NYSE:CSTM), 7 have Buy rating, 0 Sell and 5 Hold. Jefferies maintained the shares of PKG in report on Thursday, July 14 with “Buy” rating. The rating was downgraded by Jefferies to “Hold” on Monday, November 28. As per Monday, January 25, the company rating was downgraded by Macquarie Research. On Thursday, July 27 the stock rating was maintained by KeyBanc Capital Markets with “Hold”.
02/17/2017 – Packaging Corporation of America had its “buy” rating reiterated by analysts at Bank of America Merrill Lynch. The firm earned “Outperform” rating on Friday, November 13 by Oppenheimer. The firm has “Neutral” rating by Buckingham Research given on Monday, July 18.
More recent Daily Journal Corporation (NASDAQ:DJCO) news were published by: Globenewswire.com which released: “Daily Journal Corporation Announces Financial Results for the Six Months ended …” on May 09, 2017. KapStone Paper and Packaging Corporation’s dividend payout ratio is presently 51.95%.
Investors sentiment decreased to 0.8 in Q4 2016. Its down 0.09, from 0.8 in 2016Q3. At present, 3 analysts recommended Holding these shares while 1 recommended sell, according to FactSet data. 73 funds opened positions while 206 raised stakes. Philadelphia Trust reported 6,920 shares or 0.03% of all its holdings. The stock declined 0.47% or $0.36 reaching $75.85 per share. Jpmorgan Chase And Com owns 902 shares or 0% of their U.S. portfolio. Aviva Plc, a United Kingdom-based fund reported 246,280 shares. Credit Suisse Ag owns 894 shares for 0% of their portfolio. TrimTabs Asset Management LLC raised its position in shares of Packaging Corporation of America by 104.5% in the second quarter. Brands, Inc. (NYSE:YUM). Interocean Limited Liability Company has 0.15% invested in Yum! Metropolitan Life Ins Co invested in 0% or 902 shares. State Board Of Administration Of Florida Retirement Systems owns 140,259 shares. Brands, Inc. (NYSE:YUM). Comerica Natl Bank holds 0.05% of its portfolio in Yum! Renaissance Technologies Ltd Liability owns 900 shares or 0% of their United States portfolio. Northern Corporation has 4.32 million shares. Sii Invests Wi holds 0.02% or 5,415 shares in its portfolio. Caisse De Depot Et Placement Du Quebec holds 0% or 21,400 shares in its portfolio. Neuberger Berman Gp Limited Liability Company holds 912,689 shares or 0.1% of its portfolio.
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