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PKG

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

171.24USD-2.68 (-1.54%)Market Closed

Market Summary

PKG
USD171.24-2.68
Market Closed
-1.54%

PKG Stock Price

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PKG RSI Chart

PKG Valuation

Market Cap

15.3B

Price/Earnings (Trailing)

20.06

Price/Sales (Trailing)

1.97

EV/EBITDA

17.87

Price/Free Cashflow

18.15

PKG Price/Sales (Trailing)

PKG Profitability

EBT Margin

13.00%

Return on Equity

19.14%

Return on Assets

8.81%

Free Cashflow Yield

5.51%

PKG Fundamentals

PKG Revenue

Revenue (TTM)

7.8B

Rev. Growth (Yr)

-2.04%

Rev. Growth (Qtr)

0.1%

PKG Earnings

Earnings (TTM)

765.2M

Earnings Growth (Yr)

-10.59%

Earnings Growth (Qtr)

3.28%

Breaking Down PKG Revenue

Last 7 days

-3.9%

Last 30 days

-8.4%

Last 90 days

-0.4%

Trailing 12 Months

29.6%

How does PKG drawdown profile look like?

PKG Financial Health

Current Ratio

2.57

Debt/Equity

0.62

Debt/Cashflow

0.53

PKG Investor Care

Dividend Yield

2.92%

Dividend/Share (TTM)

5

Buy Backs (1Y)

0.08%

Diluted EPS (TTM)

8.48

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20238.3B8.0B7.8B7.8B
20228.1B8.4B8.5B8.5B
20216.8B7.1B7.4B7.7B
20206.9B6.7B6.7B6.7B
20197.1B7.1B7.0B7.0B
20186.6B6.8B7.0B7.0B
20175.9B6.1B6.2B6.4B
20165.7B5.7B5.7B5.8B
20155.8B5.8B5.8B5.7B
20144.2B4.8B5.3B5.9B
20130003.7B
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Tracking the Latest Insider Buys and Sells of Packaging Corp of America

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 25, 2024
carter charles j.
acquired
-
-
6,264
evp-mill ops.
Mar 25, 2024
kaser jeffrey s
sold (taxes)
-221,213
187
-1,181
svp
Mar 25, 2024
hassfurther thomas a
sold (taxes)
-1,474,320
187
-7,871
exec. vp
Mar 25, 2024
kaser jeffrey s
acquired
-
-
2,664
svp
Mar 25, 2024
ridley bruce a
sold (taxes)
-230,579
187
-1,231
svp
Mar 25, 2024
schneider robert andrew
acquired
-
-
2,617
svp & cio
Mar 25, 2024
barnes pamela a.
acquired
-
-
2,617
svp
Mar 25, 2024
schneider robert andrew
sold (taxes)
-217,280
187
-1,160
svp & cio
Mar 25, 2024
ridley bruce a
acquired
-
-
2,617
svp
Mar 25, 2024
shirley donald r.
acquired
-
-
4,871
svp

1–10 of 50

Which funds bought or sold PKG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 24, 2024
Robeco Institutional Asset Management B.V.
added
45.18
12,102,300
29,609,100
0.06%
Apr 24, 2024
ADAMS NATURAL RESOURCES FUND, INC.
unchanged
-
158,533
1,119,700
0.16%
Apr 24, 2024
Simplicity Wealth,LLC
new
-
213,228
213,228
-%
Apr 24, 2024
LEAVELL INVESTMENT MANAGEMENT, INC.
reduced
-0.02
222,000
1,576,000
0.09%
Apr 24, 2024
Newbridge Financial Services Group, Inc.
new
-
20,496
20,496
0.01%
Apr 24, 2024
Focus Financial Network, Inc.
new
-
548,789
548,789
0.03%
Apr 24, 2024
PSI Advisors, LLC
added
0.95
2,965
20,025
0.01%
Apr 24, 2024
Cambridge Investment Research Advisors, Inc.
reduced
-1.76
337,000
2,674,000
0.01%
Apr 24, 2024
JGP Wealth Management, LLC
reduced
-4.3
146,437
1,422,020
0.21%
Apr 24, 2024
CENTRAL TRUST Co
reduced
-0.67
87,772
646,391
0.02%

1–10 of 50

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

Unveiling Packaging Corp of America's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm 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
Apr 23, 2024
8-K
Current Report
Apr 03, 2024
DEFA14A
DEFA14A
Mar 28, 2024
ARS
ARS
Mar 28, 2024
DEF 14A
DEF 14A
Mar 28, 2024
DEFA14A
DEFA14A
Mar 27, 2024
4
Insider Trading
Mar 27, 2024
4
Insider Trading
Mar 27, 2024
4
Insider Trading
Mar 27, 2024
4
Insider Trading
Mar 27, 2024
4
Insider Trading

Peers (Alternatives to Packaging Corp of America)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
17.5B
8.4B
-1.02% 31.52%
34.76
2.09
-7.47% -33.56%
15.3B
7.8B
-8.36% 29.64%
20.06
1.97
-7.97% -25.69%
13.0B
14.0B
-2.50% -16.42%
20.14
0.92
-6.26% -39.85%
11.6B
18.9B
-12.25% -3.01%
40.31
0.61
-10.61% -80.85%
MID-CAP
9.6B
12.0B
3.02% -1.07%
20.28
0.8
-7.21% -37.42%
8.4B
9.4B
-5.50% 14.22%
11.56
0.89
-0.13% 38.51%
6.0B
3.8B
0.92% 4.15%
20.18
1.6
-1.61% 15.50%
5.0B
6.0B
2.80% -3.13%
15.36
0.84
-6.60% -4.37%
4.5B
5.5B
-12.67% -31.65%
13.26
0.83
-2.71% -30.51%
2.3B
7.1B
-4.74% -29.66%
-22.19
0.32
3.63% -117.64%
SMALL-CAP
1.1B
893.5M
-0.23% 2.53%
26.37
1.19
1.10% -39.01%
812.2M
813.1M
-4.71% 17.24%
16.62
1
-9.61% -18.92%
601.3M
336.3M
-7.71% 90.60%
-22.19
1.79
3.00% 34.54%
48.4M
1.1B
-22.39% -12.61%
-0.12
0.04
-17.21% -907.42%
12.4M
30.3M
-2.78% -57.21%
-0.15
0.41
-36.04% -34.70%

Packaging Corp of America News

Latest updates
MarketWatch • 10 hours ago
Seeking Alpha • 23 Apr 2024 • 10:33 pm
Yahoo Finance • 23 Apr 2024 • 04:27 pm

Packaging Corp of America Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue0.1%1,9381,9361,9521,9761,9782,1262,2372,1362,0432,0001,8801,8071,7141,6941,5421,7091,7201,7511,7601,7341,747
Gross Profit-0.6%410413445431450518589533510511449404333345326365383411428421425
Operating Expenses-41.4%6.0010.0015.0013.0017.0013.0016.0016.0013.0013.008.0020.0014.009.0018.0010.0011.0012.004.006.009.00
  S&GA Expenses-0.9%143144146148146145157161141145146145130127136146137137144140130
EBITDA Margin-1.9%0.12*0.13*0.13*0.15*0.15*0.14*0.14*0.13*0.12*0.12*0.11*----------
Interest Expenses10.2%-11.05-12.30-14.60-15.40-15.20-16.50-18.80-19.80-80.15-23.90-24.90-23.50-24.40-24.40-25.10-19.60-60.75-21.60-22.40-24.10-21.65
Income Taxes-3.3%59.0061.0065.0063.0065.0085.0099.0086.0064.0083.0067.0053.0042.0047.0035.0048.0036.0060.0062.0063.0060.00
Earnings Before Taxes1.6%24924526825327734740134028033427522016518692.00190172239256249265
EBT Margin-2.2%0.13*0.13*0.14*0.15*0.16*0.16*0.16*0.15*0.14*0.13*0.12*----------
Net Income3.3%18918320319021226330225421725120716712413957.00142136180194187205
Net Income Margin-2.3%0.10*0.10*0.11*0.12*0.12*0.12*0.12*0.12*0.11*0.10*0.09*----------
Free Cashflow-22.2%19425023416817325113511215213497.00----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets6.2%8,6818,1788,1078,0498,0048,3448,3418,1387,8378,6317,6747,5497,4337,3737,2727,3487,2367,1917,0746,9296,570
  Current Assets17.3%3,2542,7732,6712,5852,5082,9082,9902,8692,7333,8052,9612,8572,7502,7442,6592,6142,4782,5312,4032,2622,115
    Cash Equivalents13.0%6485734773683206496676296191,703972983975949853764680738569442362
  Inventory2.7%1,0139869921,003977995954941903880827800788778835810794806816832796
  Net PPE0.0%3,8643,8633,8873,8973,9003,8133,7633,6713,5293,3613,2413,2133,1933,1313,1153,1393,1523,1103,1073,1103,109
  Goodwill0%922922922922922922923923924864864864864864864919919919919917917
  Current Liabilities-1.0%1,2661,2797988298769639739688851,644817806783775684745724771730741694
  Long Term Debt19.1%2,4722,0762,4752,4742,4742,4732,4732,4722,4722,4712,4802,4802,4792,4792,4782,4772,4772,4862,4852,4852,484
    LT Debt, Current0.0%400400-------698-----------
    LT Debt, Non Current19.1%2,4722,0762,4752,4742,4742,4732,4732,4722,4722,4712,4802,4802,4792,4792,4782,4772,4772,4862,4852,4852,484
Shareholder's Equity2.8%3,9973,8873,8493,7583,6673,9713,9653,7793,6073,6083,4443,3313,2463,2053,1333,1503,0713,0352,9212,7952,672
  Retained Earnings2.3%3,4473,3713,3393,2593,1873,4443,4373,2623,1023,1633,0092,9062,8362,8072,7432,7712,7052,6442,5392,428-
  Additional Paid-In Capital1.2%620613607598582601601592579581575566554549543535525519513501495
Float---11,671---12,686---12,670---9,322---8,892--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-1.2%335,300339,500359,900280,400420,100430,600319,000325,300390,700283,600228,200191,600271,100298,200226,800236,700329,200339,800302,400236,000345,600
  Share Based Compensation-2.6%7,5007,7009,50015,3006,9007,1009,30012,3008,6006,8008,50011,6006,2006,0007,70010,1005,9005,90011,7006,9006,100
Cashflow From Investing-511.9%-544,000-88,900-126,800-115,400-251,800-183,800-176,900-221,200-429,400-144,800-132,700-87,500-170,200-127,100-51,800-77,000-278,300-95,500-92,700-80,100-202,900
Cashflow From Financing283.5%283,500-154,500-123,700-117,300-497,000-265,400-103,400-94,200-1,045,500591,900-106,700-95,300-75,400-75,300-85,700-75,200-109,700-75,400-82,700-75,000-75,000
  Dividend Payments-0.4%112,000112,400112,400112,100115,900117,20093,60093,60095,000--94,80075,00074,90074,90074,80074,80074,60074,60074,70074,700
  Buy Backs-----380,600----------------

PKG Income Statement

2023-12-31
Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Net sales$ 7,802.4$ 8,478.0$ 7,730.3
Cost of sales(6,103.5)(6,387.4)(5,857.3)
Gross profit1,698.92,090.61,873.0
Selling and administrative expenses(580.9)(608.6)(576.8)
Other expense, net(42.9)(61.3)(54.8)
Income from operations1,075.11,420.71,241.4
Non-operating pension (expense) income(7.7)14.519.7
Interest expense, net(53.3)(70.4)(152.4)
Income before taxes1,014.11,364.81,108.7
Provision for income taxes(248.9)(335.0)(267.6)
Net income$ 765.2$ 1,029.8$ 841.1
Net income per common share:   
Basic$ 8.52$ 11.08$ 8.87
Diluted8.4811.038.83
Dividends declared per common share$ 5$ 4.75$ 4
Statements of Comprehensive Income:   
Net Income (Loss)$ 765.2$ 1,029.8$ 841.1
Foreign currency translation adjustment0.10.00.4
Changes in unrealized gains (losses) gains on marketable debt securities, net of tax of ($0.6) million, $0.5 million, and $0.2 million for 2023, 2022, and 2021, respectively1.8(1.7)(0.5)
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of ($2.1) million, ($1.5) million, and ($3.3) million for 2023, 2022, and 2021, respectively6.44.710.0
Changes in unfunded employee benefit obligations, net of tax of ($7.8) million, $10.1 million, and ($19.9) million for 2023, 2022, and 2021, respectively23.2(30.2)59.4
Other comprehensive income (loss)31.5(27.2)69.3
Comprehensive income$ 796.7$ 1,002.6$ 910.4

PKG Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 648.0$ 320.0
Short-term marketable debt securities ($93.5 million and $85.2 million measured atfair value as of December 31, 2023 and 2022, respectively)493.585.2
Accounts receivable, net of allowance for credit losses and customer deductions of $13.1 million and $19.6 million as of December 31, 2023 and 2022, respectively1,033.21,031.8
Inventories1,013.1977.3
Prepaid expenses and other current assets62.358.3
Federal and state income taxes receivable4.335.7
Total current assets3,254.42,508.3
Property, plant and equipment, net3,863.83,900.0
Goodwill922.4922.4
Other intangible assets, net229.6267.9
Operating lease right-of-use assets279.6298.3
Long-term marketable debt securities64.164.9
Other long-term assets67.242.0
Total assets8,681.18,003.8
Current liabilities:  
Current maturities of long-term debt[1]399.60.0
Operating lease obligations78.672.2
Finance lease obligations2.01.9
Accounts payable402.4410.4
Dividends payable115.9115.5
Accrued liabilities253.5263.7
Accrued interest13.711.8
Total current liabilities1,265.7875.5
Long-term liabilities:  
Total long-term debt2,472.22,473.6
Operating lease obligations212.1234.6
Finance lease obligations8.710.8
Deferred income taxes558.0543.0
Compensation and benefits106.4141.8
Other long-term liabilities60.757.4
Total long-term liabilities3,418.13,461.2
Commitments and contingent liabilities (Note 19)
Stockholders' equity:  
Common stock, par value $0.01 per share, 300.0 million shares authorized, 89.6 million and 89.7 million shares issued as of December 31, 2023 and 2022, respectively0.90.9
Additional paid in capital620.1581.8
Retained earnings3,447.23,186.8
Accumulated other comprehensive loss(70.9)(102.4)
Total stockholders' equity3,997.33,667.1
Total liabilities and stockholders' equity$ 8,681.1$ 8,003.8
[1]The current portion of long-term debt excludes unamortized debt issuance costs of $0.3 million as of December 31, 2023.
PKG
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
 WEBSITEpackagingcorp.com
 INDUSTRYPackers
 EMPLOYEES15100

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 Thu Apr 25 2024, market cap of Packaging Corp of America is 15.35 Billion. 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 Thu Apr 25 2024, PKG's PE ratio (Price to Earnings) is 20.06 and Price to Sales (PS) ratio is 1.97. 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 0.129 (multiply by 100 for percentage) rate of return.