PKG - Packaging Corp of America Stock Price, Fair Value and News

183.13USD+0.73 (+0.40%)Delayed

Market Summary

USD183.13+0.73

Delayed

0.40%

PKG Alerts

1 major insider buys recently.

PKG Stock Price

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PKG RSI Chart

PKG Valuation

Market Cap

16.4T

Price/Earnings (Trailing)

22.8K

Price/Sales (Trailing)

2.1K

EV/EBITDA

18.3K

Price/Free Cashflow

19.1K

PKG Price/Sales (Trailing)

PKG Profitability

EBT Margin

12.15%

Return on Equity

17.91%

Return on Assets

8.15%

Free Cashflow Yield

0.01%

PKG Fundamentals

PKG Revenue

Revenue (TTM)

7.8B

Rev. Growth (Yr)

0.16%

Rev. Growth (Qtr)

2.14%

PKG Earnings

Earnings (TTM)

722.0M

Earnings Growth (Yr)

-22.72%

Earnings Growth (Qtr)

-22.36%

Breaking Down PKG Revenue

Last 7 days

2.1%

Last 30 days

2.6%

Last 90 days

9.0%

Trailing 12 Months

41.7%

How does PKG drawdown profile look like?

PKG Financial Health

Current Ratio

2.46

Debt/Equity

0.61

Debt/Cashflow

0.52

PKG Investor Care

Dividend Yield

2.73%

Dividend/Share (TTM)

Buy Backs (1Y)

0.08%

Diluted EPS (TTM)

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	7.8B	0	0	0
2023	8.3B	8.0B	7.8B	7.8B
2022	8.1B	8.4B	8.5B	8.5B
2021	6.8B	7.1B	7.4B	7.7B
2020	6.9B	6.7B	6.7B	6.7B
2019	7.1B	7.1B	7.0B	7.0B
2018	6.6B	6.8B	7.0B	7.0B
2017	5.9B	6.1B	6.2B	6.4B
2016	5.7B	5.7B	5.7B	5.8B
2015	5.8B	5.8B	5.8B	5.7B
2014	4.2B	4.8B	5.3B	5.9B
2013	0	0	0	3.7B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Packaging Corp of America

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 15, 2024	gowland karen e	bought	54,618	182	300	-
May 08, 2024	stecko paul t	acquired	-	-	1,232	-
May 08, 2024	lyons robert c	acquired	-	-	1,232	-
May 08, 2024	farrington duane c	acquired	-	-	616	-
May 08, 2024	porter roger b	acquired	-	-	1,232	-
May 08, 2024	souleles thomas s	sold	-	-	-616	-
May 08, 2024	gowland karen e	acquired	-	-	616	-
May 08, 2024	harman donna a.	acquired	-	-	616	-
May 08, 2024	souleles thomas s	acquired	-	-	616	-
May 08, 2024	maurer thomas p.	acquired	-	-	1,232	-

Which funds bought or sold PKG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 17, 2024	Aspect Partners, LLC	unchanged	-	538	3,796	-%
May 17, 2024	Wahed Invest LLC	added	13.02	78,446	326,232	0.07%
May 16, 2024	Meiji Yasuda Life Insurance Co	new	-	246,714	246,714	-%
May 16, 2024	COMERICA BANK	reduced	-2.21	795,851	6,515,580	0.03%
May 16, 2024	Mango Five Family, Inc.	sold off	-100	-130,328	-	-%
May 16, 2024	Creekmur Asset Management LLC	added	1.02	2,768	18,704	0.01%
May 16, 2024	JANE STREET GROUP, LLC	added	1.79	1,794,660	11,455,900	-%
May 16, 2024	ALETHEA CAPITAL MANAGEMENT, LLC	new	-	550,362	550,362	0.45%
May 16, 2024	LBP AM SA	added	2.54	1,170,620	7,187,540	0.29%
May 16, 2024	Beacon Capital Management, LLC	new	-	759	759	-%

Are Funds Buying or Selling PKG?

Are funds buying PKG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PKG

No. of Funds

PKG Alerts

1 major insider buys recently.

Unveiling Packaging Corp of America's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.54%	11,241,189	SC 13G/A
Feb 07, 2024	blackrock inc.	10.0%	8,980,509	SC 13G/A
Jan 29, 2024	state street corp	5.07%	4,546,581	SC 13G
Jan 24, 2024	blackrock inc.	9.98%	8,948,727	SC 13G/A
Apr 06, 2023	blackrock inc.	10.1%	9,047,862	SC 13G
Feb 14, 2023	price t rowe associates inc /md/	2.0%	1,876,455	SC 13G/A
Feb 09, 2023	vanguard group inc	12.96%	11,992,314	SC 13G/A
Jan 24, 2023	blackrock inc.	9.6%	8,896,238	SC 13G/A
Feb 11, 2022	capital world investors	3.3%	3,153,562	SC 13G/A
Feb 10, 2022	vanguard group inc	12.51%	11,886,212	SC 13G/A

Recent SEC filings of Packaging Corp of America

View All Filings

Date Filed	Form Type	Document
May 17, 2024	3	Insider Trading
May 17, 2024	4	Insider Trading
May 10, 2024	3	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading

Peers (Alternatives to Packaging Corp of America)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
PKG	16.4T	7.8B	2.61%	41.74%	22.8K	2.1K	-6.16%	-25.24%
AVY	18.2B	8.5B	8.32%	32.32%	32.89	2.16	-3.48%	-18.51%
AMCR	14.8B	13.8B	16.31%	0.49%	22.73	1.08	-7.72%	-33.16%
IP	14.1B	18.5B	15.92%	26.88%	82.07	0.76	-11.60%	-86.93%
MID-CAP
CCK	10.3B	11.8B	11.10%	3.40%	24.41	0.87	-7.33%	-33.86%
GPK	8.6B	9.2B	3.88%	9.79%	12.7	0.93	-3.99%	9.49%
REYN	6.1B	3.7B	2.99%	2.23%	18.4	1.63	-3.42%	47.98%
SEE	5.7B	5.5B	24.99%	-7.75%	15.66	1.04	-1.86%	-10.54%
SLGN	5.0B	5.9B	0.96%	-0.19%	16.32	0.86	-7.84%	-5.76%
OI	2.1B	6.9B	-11.93%	-38.33%	-8.73	0.3	-1.83%	-133.76%
SMALL-CAP
TRS	1.1B	905.2M	10.46%	8.09%	27.76	1.24	1.58%	-28.68%
MYE	611.3M	804.4M	-21.60%	-16.29%	15.52	0.76	-9.59%	-29.54%
PACK	551.5M	340.4M	-2.06%	91.67%	-24.19	1.62	4.67%	42.57%
TUP	102.4M	1.1B	124.49%	185.71%	-0.28	0.09	-17.21%	-907.42%
DSS	12.9M	30.3M	3.39%	-57.83%	-0.17	0.43	-36.04%	-28.10%

Packaging Corp of America News

Latest updates

Packaging Corp of America Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	2.1%	1,980	1,938	1,936	1,952	1,976	1,978	2,126	2,237	2,136	2,043	2,000	1,880	1,807	1,714	1,694	1,542	1,709	1,720	1,751	1,760	1,734
Gross Profit	-9.7%	370	410	413	445	431	450	518	589	533	510	511	449	404	333	345	326	365	383	411	428	421
Operating Expenses	287.9%	23.00	6.00	10.00	15.00	13.00	17.00	13.00	16.00	16.00	13.00	13.00	8.00	20.00	14.00	9.00	18.00	10.00	11.00	12.00	4.00	6.00
S&GA Expenses	6.3%	152	143	144	146	148	146	145	157	161	141	145	146	145	130	127	136	146	137	137	144	140
EBITDA Margin	-6.3%	0.12*	0.12*	0.13*	0.13*	0.15*	0.15*	0.14*	0.14*	0.13*	0.12*	0.12*	0.11*	0.08*	-	-	-	-	-	-	-	-
Interest Expenses	13.1%	-9.60	-11.05	-12.30	-14.60	-15.40	-15.20	-16.50	-18.80	-19.80	-80.15	-23.90	-24.90	-23.50	-24.40	-24.40	-25.10	-19.60	-60.75	-21.60	-22.40	-24.10
Income Taxes	-31.5%	41.00	59.00	61.00	65.00	63.00	65.00	85.00	99.00	86.00	64.00	83.00	67.00	53.00	42.00	47.00	35.00	48.00	36.00	60.00	62.00	63.00
Earnings Before Taxes	-24.5%	188	249	245	268	253	277	347	401	340	280	334	275	220	165	186	92.00	190	172	239	256	249
EBT Margin	-6.5%	0.12*	0.13*	0.13*	0.14*	0.15*	0.16*	0.16*	0.16*	0.15*	0.14*	0.13*	0.12*	0.10*	-	-	-	-	-	-	-	-
Net Income	-22.4%	147	189	183	203	190	212	263	302	254	217	251	207	167	124	139	57.00	142	136	180	194	187
Net Income Margin	-5.7%	0.09*	0.10*	0.10*	0.11*	0.12*	0.12*	0.12*	0.12*	0.12*	0.11*	0.10*	0.09*	0.07*	-	-	-	-	-	-	-	-
Free Cashflow	-5.4%	184	194	250	234	168	173	251	135	112	152	134	97.00	107	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.0%	8,857	8,681	8,178	8,107	8,049	8,004	8,344	8,341	8,138	7,837	8,631	7,674	7,549	7,433	7,373	7,272	7,348	7,236	7,191	7,074	6,929
Current Assets	5.9%	3,445	3,254	2,773	2,671	2,585	2,508	2,908	2,990	2,869	2,733	3,805	2,961	2,857	2,750	2,744	2,659	2,614	2,478	2,531	2,403	2,262
Cash Equivalents	6.9%	692	648	573	477	368	320	649	667	629	619	1,703	972	983	975	949	853	764	680	738	569	442
Inventory	-0.9%	1,004	1,013	986	992	1,003	977	995	954	941	903	880	827	800	788	778	835	810	794	806	816	832
Net PPE	0.0%	3,865	3,864	3,863	3,887	3,897	3,900	3,813	3,763	3,671	3,529	3,361	3,241	3,213	3,193	3,131	3,115	3,139	3,152	3,110	3,107	3,110
Goodwill	0%	922	922	922	922	922	922	922	923	923	924	864	864	864	864	864	864	919	919	919	919	917
Current Liabilities	10.6%	1,400	1,266	1,279	798	829	876	963	973	968	885	1,644	817	806	783	775	684	745	724	771	730	741
Long Term Debt	0.0%	2,473	2,472	2,076	2,475	2,474	2,474	2,473	2,473	2,472	2,472	2,471	2,480	2,480	2,479	2,479	2,478	2,477	2,477	2,486	2,485	2,485
LT Debt, Current	0.1%	400	400	400	-	-	-	-	-	-	-	698	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	-100.0%	-	2,472	2,076	2,475	2,474	2,474	2,473	2,473	2,472	2,472	2,471	2,480	2,480	2,479	2,479	2,478	2,477	2,477	2,486	2,485	2,485
Shareholder's Equity	0.8%	4,031	3,997	3,887	3,849	3,758	3,667	3,971	3,965	3,779	3,607	3,608	3,444	3,331	3,246	3,205	3,133	3,150	3,071	3,035	2,921	2,795
Retained Earnings	0.4%	3,460	3,447	3,371	3,339	3,259	3,187	3,444	3,437	3,262	3,102	3,163	3,009	2,906	2,836	2,807	2,743	2,771	2,705	2,644	2,539	2,428
Additional Paid-In Capital	3.3%	641	620	613	607	598	582	601	601	592	579	581	575	566	554	549	543	535	525	519	513	501
Float	-	-	-	-	11,671	-	-	-	12,686	-	-	-	12,670	-	-	-	9,322	-	-	-	8,892	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-22.3%	260,400	335,300	339,500	359,900	280,400	420,100	430,600	319,000	325,300	390,700	283,600	228,200	191,600	271,100	298,200	226,800	236,700	329,200	339,800	302,400	236,000
Share Based Compensation	158.7%	19,400	7,500	7,700	9,500	15,300	6,900	7,100	9,300	12,300	8,600	6,800	8,500	11,600	6,200	6,000	7,700	10,100	5,900	5,900	11,700	6,900
Cashflow From Investing	85.1%	-81,000	-544,000	-88,900	-126,800	-115,400	-251,800	-183,800	-176,900	-221,200	-429,400	-144,800	-132,700	-87,500	-170,200	-127,100	-51,800	-77,000	-278,300	-95,500	-92,700	-80,100
Cashflow From Financing	-147.6%	-135,000	283,500	-154,500	-123,700	-117,300	-497,000	-265,400	-103,400	-94,200	-1,045,500	591,900	-106,700	-95,300	-75,400	-75,300	-85,700	-75,200	-109,700	-75,400	-82,700	-75,000
Dividend Payments	0%	112,000	112,000	112,400	112,400	112,100	115,900	117,200	93,600	93,600	95,000	-	-	94,800	75,000	74,900	74,900	74,800	74,800	74,600	74,600	74,700
Buy Backs	-	-	-	-	-	-	380,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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PKG Income Statement

2024-03-31

Consolidated Statements of Income and Comprehensive Income - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net sales	$ 1,979.5	$ 1,976.3
Cost of sales	(1,609.1)	(1,544.9)
Gross profit	370.4	431.4
Selling, general and administrative expenses	(151.9)	(148.2)
Other expense, net	(22.5)	(12.5)
Income from operations	196.0	270.7
Non-operating pension (expense) income	1.1	(2.0)
Interest expense, net	(9.6)	(15.4)
Income before taxes	187.5	253.3
Provision for income taxes	(40.6)	(63.2)
Net income	$ 146.9	$ 190.1
Net income per common share:
Basic	$ 1.64	$ 2.12
Diluted	1.63	2.11
Dividends declared per common share	$ 1.25	$ 1.25
Statements of Comprehensive Income:
Net Income (Loss)	$ 146.9	$ 190.1
Changes in unrealized (losses) gains on marketable debt securities, net of tax of $0.0 million and ($0.2) million for 2024 and 2023, respectively	(0.1)	0.5
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of ($0.4) million and ($0.6) million for 2024 and 2023, respectively	1.0	1.6
Other comprehensive income	0.9	2.1
Comprehensive income	$ 147.8	$ 192.2

PKG Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($)
$ in Millions

Mar. 31, 2024

Dec. 31, 2023

Current assets:

Cash and cash equivalents

^[1]

$ 692.4

$ 648.0

Short-term marketable debt securities ($92.3 million and $93.5 million measured at fair value as of March 31, 2024 and December 31, 2023, respectively)

^[1]

492.3

493.5

Accounts receivable, net of allowance for credit losses and customer deductions of $12.1 million and $13.1 million as of March 31, 2024 and December 31, 2023, respectively

1,045.1

1,033.2

Inventories

1,003.6

1,013.1

Prepaid expenses and other current assets

211.7

62.3

Federal and state income taxes receivable

4.3

Total current assets

3,445.1

3,254.4

Property, plant, and equipment, net

3,864.5

3,863.8

Goodwill

922.4

Other intangible assets, net

220.1

229.6

Operating lease right-of-use assets

269.4

279.6

Long-term marketable debt securities

^[1]

68.5

64.1

Other long-term assets

67.0

67.2

Total assets

8,857.0

8,681.1

Current liabilities:

Current maturities of long-term debt

399.8

399.6

Operating lease obligations

79.2

78.6

Finance lease obligations

2.0

Accounts payable

449.6

402.4

Dividends payable

114.9

115.9

Accrued liabilities

304.0

253.5

Accrued interest

33.3

13.7

Federal and state income taxes payable

17.5

Total current liabilities

1,400.3

1,265.7

Long-term liabilities:

Long-term debt

2,472.7

2,472.2

Operating lease obligations

200.7

212.1

Finance lease obligations

8.3

8.7

Deferred income taxes

566.5

558.0

Compensation and benefits

112.1

106.4

Other long-term liabilities

65.4

60.7

Total long-term liabilities

3,425.7

3,418.1

Commitments and contingent liabilities (Note 19)

Stockholders' equity:

Common stock, par value $0.01 per share, 300.0 million shares authorized, 89.8 million and 89.6 million shares issued as of March 31, 2024 and December 31, 2023, respectively

0.9

Additional paid in capital

640.5

620.1

Retained earnings

3,459.6

3,447.2

Accumulated other comprehensive loss

(70.0)

(70.9)

Total stockholders' equity

4,031.0

3,997.3

Total liabilities and stockholders' equity

$ 8,857.0

$ 8,681.1

[1]

Valuations based on observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data.

About Packaging Corp of America

Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through Packaging and Paper segments. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. The Paper segment manufactures and sells commodity and specialty papers, as well as communication papers, including cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.

CEO	Mr. Mark W. Kowlzan
WEBSITE	packagingcorp.com
INDUSTRY	Packers
EMPLOYEES	15100

Packaging Corp of America Frequently Asked Questions

What is the ticker symbol for Packaging Corp of America? What does PKG stand for in stocks?

PKG is the stock ticker symbol of Packaging Corp of America. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Packaging Corp of America (PKG)?

As of Fri May 17 2024, market cap of Packaging Corp of America is 16.45 Trillion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PKG stock?

You can check PKG's fair value in chart for subscribers.

What is the fair value of PKG stock?

You can check PKG's fair value in chart for subscribers. The fair value of Packaging Corp of America is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Packaging Corp of America is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PKG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Packaging Corp of America a good stock to buy?

The fair value guage provides a quick view whether PKG is over valued or under valued. Whether Packaging Corp of America is cheap or expensive depends on the assumptions which impact Packaging Corp of America's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PKG.

What is Packaging Corp of America's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, PKG's PE ratio (Price to Earnings) is 22.78 Thousand and Price to Sales (PS) ratio is 2.11 Thousand. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PKG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Packaging Corp of America's stock?

In the past 10 years, Packaging Corp of America has provided 0.133 (multiply by 100 for percentage) rate of return.