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PKG

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

175.37USD+2.17 (+1.25%)Delayed
Watchlist

Market Summary

USD175.37+2.17
Delayed
1.25%

PKG Alerts

  • 1 major insider sales recently.

PKG Stock Price

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PKG RSI Chart

PKG Valuation

Market Cap

15.7B

Price/Earnings (Trailing)

19.96

Price/Sales (Trailing)

2

EV/EBITDA

17.49

Price/Free Cashflow

19.07

PKG Price/Sales (Trailing)

PKG Profitability

EBT Margin

13.29%

Return on Equity

20.26%

Return on Assets

9.63%

Free Cashflow Yield

5.24%

PKG Fundamentals

PKG Revenue

Revenue (TTM)

7.8B

Rev. Growth (Yr)

-8.93%

Rev. Growth (Qtr)

-0.82%

PKG Earnings

Earnings (TTM)

787.6M

Earnings Growth (Yr)

-30.21%

Earnings Growth (Qtr)

-9.62%

Breaking Down PKG Revenue

Last 7 days

-0.2%

Last 30 days

1.1%

Last 90 days

8.2%

Trailing 12 Months

20.1%

How does PKG drawdown profile look like?

PKG Financial Health

Current Ratio

2.17

Debt/Equity

0.53

Debt/Cashflow

0.67

PKG Investor Care

Dividend Yield

2.85%

Dividend/Share (TTM)

5

Buy Backs (1Y)

3.14%

Diluted EPS (TTM)

8.71

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20238.3B8.0B7.8B0
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

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

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jan 26, 2024
barnes pamela a.
sold
-966,071
171
-5,618
svp
Oct 31, 2023
stecko paul t
sold
-1,499,400
153
-9,737
-
Oct 30, 2023
pflederer kent a.
sold
-603,731
150
-4,000
svp
Aug 04, 2023
shirley donald r.
sold
-780,700
156
-5,000
svp
Aug 03, 2023
barnes pamela a.
sold
-206,132
155
-1,328
svp
Aug 02, 2023
ridley bruce a
sold
-542,183
155
-3,493
svp
Jul 31, 2023
schneider robert andrew
sold
-2,292,670
152
-15,000
svp & cio
Jul 27, 2023
barnes pamela a.
sold
-205,323
152
-1,347
svp
Jul 26, 2023
hassfurther thomas a
sold
-4,021,620
148
-27,027
exec. vp
Jul 26, 2023
carter charles j.
sold
-1,386,120
149
-9,263
evp-mill ops.

1–10 of 50

Which funds bought or sold PKG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 22, 2024
SIERRA SUMMIT ADVISORS LLC
new
-
450,284
450,284
0.13%
Feb 21, 2024
Raleigh Capital Management Inc.
new
-
489
489
-%
Feb 21, 2024
V-Square Quantitative Management LLC
reduced
-15.03
-24,150
221,069
0.04%
Feb 20, 2024
Quarry LP
new
-
30,301
30,301
-%
Feb 16, 2024
Aspect Partners, LLC
new
-
3,258
3,258
-%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
11.05
1,096,610
7,251,610
0.03%
Feb 16, 2024
HARBOUR INVESTMENTS, INC.
added
3.32
3,115
35,514
-%
Feb 16, 2024
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main
unchanged
-
70,200
1,221,820
-%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
sold off
-100
-228,000
-
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
1.41
9,504,000
134,708,000
0.02%

1–10 of 43

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
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 07, 2024
SC 13G/A
Major Ownership Report
Jan 29, 2024
SC 13G
Major Ownership Report
Jan 29, 2024
4
Insider Trading
Jan 26, 2024
144
Notice of Insider Sale Intent
Jan 25, 2024
8-K
Current Report
Jan 24, 2024
SC 13G/A
Major Ownership Report
Nov 30, 2023
8-K
Current Report
Nov 29, 2023
424B5
Prospectus Filed
Nov 27, 2023
FWP
Prospectus Filed

What is the Fair Value of PKG?

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Disclaimer: Conduct thorough research and seek guidance from a certified financial advisor prior to finalizing any investment choices.

Peers (Alternatives to Packaging Corp of America)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
17.3B
8.4B
5.94% 15.60%
34.36
2.07
-7.47% -33.56%
13.4B
14.0B
-7.28% -19.34%
20.81
0.95
-6.26% -39.85%
12.0B
18.9B
-4.96% -7.33%
47.33
0.64
-10.61% -86.83%
9.3B
12.2B
-20.46% -14.88%
17.68
0.76
-6.32% 255.10%
MID-CAP
8.1B
9.4B
-4.01% 4.93%
11.17
0.86
-0.13% 38.51%
6.2B
3.8B
5.24% 2.64%
20.85
1.65
-1.61% 15.50%
5.3B
5.5B
-1.31% -26.82%
16.94
0.96
-4.34% -46.06%
4.9B
6.1B
1.22% -18.21%
16.97
0.8
-4.56% -28.70%
2.7B
7.1B
4.61% -25.98%
-25.92
0.38
3.63% -117.64%
SMALL-CAP
1.1B
32.0M
3.70% -16.24%
20.88
31.33
-95.84% -14.78%
721.7M
834.8M
2.58% -18.84%
14.5
0.86
-5.81% -8.02%
391.0M
325.3M
-2.30% -33.66%
-15.58
1.2
-8.67% 31.42%
62.5M
1.3B
-29.90% -62.47%
-0.28
0.05
-18.53% -1590.38%
13.0M
20.5M
-8.02% -57.79%
-0.17
0.67
33.50% -64.90%

Packaging Corp of America News

Latest updates
AmericanBankingNEWS7 hours ago
The Globe and Mail21 Feb 202408:11 pm
InvestorsObserver21 Feb 202404:11 pm
Yahoo Finance27 Dec 202308:00 am

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/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-0.8%1,9361,9521,9761,9782,1262,2372,1362,0432,0001,8801,8071,7141,6941,5421,7091,7201,7511,7601,7341,7471,810
Gross Profit-7.2%413445431450518589533510511449404333345326365383411428421425443
Operating Expenses-32.7%10.0015.0013.0017.0013.0016.0016.0013.0013.008.0020.0014.009.0018.0010.0011.0012.004.006.009.0011.00
  S&GA Expenses-1.0%144146148146145157161141145146145130127136146137137144140130134
EBITDA Margin-6.9%0.13*0.13*0.15*0.15*0.14*0.14*0.13*0.12*0.12*0.11*0.08*----------
Interest Expenses15.8%-12.30-14.60-15.40-15.20-16.50-18.80-19.80-80.15-23.90-24.90-23.50-24.40-24.40-25.10-19.60-60.75-21.60-22.40-24.10-21.65-23.90
Income Taxes-5.8%61.0065.0063.0065.0085.0099.0086.0064.0083.0067.0053.0042.0047.0035.0048.0036.0060.0062.0063.0060.0067.00
Earnings Before Taxes-8.7%24526825327734740134028033427522016518692.00190172239256249265274
EBT Margin-6.8%0.13*0.14*0.15*0.16*0.16*0.16*0.15*0.14*0.13*0.12*0.10*----------
Net Income-9.6%18320319021226330225421725120716712413957.00142136180194187205207
Net Income Margin-6.9%0.10*0.11*0.12*0.12*0.12*0.12*0.12*0.11*0.10*0.09*0.07*----------
Free Cashflow6.9%25023416817325113511215213497.00107----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets0.9%8,1788,1078,0498,0048,3448,3418,1387,8378,6317,6747,5497,4337,3737,2727,3487,2367,1917,0746,9296,5706,500
  Current Assets3.8%2,7732,6712,5852,5082,9082,9902,8692,7333,8052,9612,8572,7502,7442,6592,6142,4782,5312,4032,2622,1152,115
    Cash Equivalents20.1%5734773683206496676296191,703972983975949853764680738569442362294
  Inventory-0.6%9869921,003977995954941903880827800788778835810794806816832796781
  Net PPE-0.6%3,8633,8873,8973,9003,8133,7633,6713,5293,3613,2413,2133,1933,1313,1153,1393,1523,1103,1073,1103,1093,065
  Goodwill0%922922922922922923923924864864864864864864919919919919917917889
  Current Liabilities60.3%1,2797988298769639739688851,644817806783775684745724771730741694767
  Long Term Debt-16.1%2,0762,4752,4742,4742,4732,4732,4722,4722,4712,4802,4802,4792,4792,4782,4772,4772,4862,4852,4852,4842,483
    LT Debt, Current-400-------698------------
    LT Debt, Non Current-16.1%2,0762,4752,4742,4742,4732,4732,4722,4722,4712,4802,4802,4792,4792,4782,4772,4772,4862,4852,4852,4842,483
Shareholder's Equity1.0%3,8873,8493,7583,6673,9713,9653,7793,6073,6083,4443,3313,2463,2053,1333,1503,0713,0352,9212,7952,6722,530
  Retained Earnings0.9%3,3713,3393,2593,1873,4443,4373,2623,1023,1633,0092,9062,8362,8072,7432,7712,7052,6442,5392,428-2,186
  Additional Paid-In Capital0.8%613607598582601601592579581575566554549543535525519513501495489
Float------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/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-5.7%339,500359,900280,400420,100430,600319,000325,300390,700283,600228,200191,600271,100298,200226,800236,700329,200339,800302,400236,000345,600301,000
  Share Based Compensation-18.9%7,7009,50015,3006,9007,1009,30012,3008,6006,8008,50011,6006,2006,0007,70010,1005,9005,90011,7006,9006,1006,700
Cashflow From Investing29.9%-88,900-126,800-115,400-251,800-183,800-176,900-221,200-429,400-144,800-132,700-87,500-170,200-127,100-51,800-77,000-278,300-95,500-92,700-80,100-202,900-131,800
Cashflow From Financing-24.9%-154,500-123,700-117,300-497,000-265,400-103,400-94,200-1,045,500591,900-106,700-95,300-75,400-75,300-85,700-75,200-109,700-75,400-82,700-75,000-75,000-75,000
  Dividend Payments0%112,400112,400112,100115,900117,20093,60093,60095,000--94,80075,00074,90074,90074,80074,80074,60074,60074,70074,70074,500
  Buy Backs----380,600-----------------

PKG Income Statement

2023-09-30
Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]    
Net sales$ 1,936.0$ 2,125.9$ 5,864.5$ 6,499.6
Cost of sales(1,523.3)(1,607.5)(4,575.7)(4,859.3)
Gross profit412.7518.41,288.81,640.3
Selling, general and administrative expenses(144.2)(145.2)(438.1)(462.9)
Other expense, net(9.9)(12.9)(37.1)(44.7)
Income from operations258.6360.3813.61,132.7
Non-operating pension (expense) income(1.8)3.6(5.8)10.9
Interest expense, net(12.3)(16.5)(42.2)(55.3)
Income before taxes244.5347.4765.61,088.3
Provision for income taxes(61.3)(84.9)(189.6)(270.1)
Net income$ 183.2$ 262.5$ 576.0$ 818.2
Net income per common share:    
Basic$ 2.04$ 2.81$ 6.41$ 8.74
Diluted2.032.86.388.7
Dividends declared per common share$ 1.25$ 1.25$ 3.75$ 3.5
Statements of Comprehensive Income:    
Net Income (Loss)$ 183.2$ 262.5$ 576.0$ 818.2
Changes in unrealized gains (losses) on marketable debt securities,net of tax of ($0.1) million, $0.2 million, ($0.3) million, and $0.7 million, respectively0.4(0.6)0.9(2.1)
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of ($0.5) million, ($0.4) million, ($1.6) million, and ($1.2) million, respectively1.61.24.83.5
Other comprehensive income2.00.65.71.4
Comprehensive income$ 185.2$ 263.1$ 581.7$ 819.6

PKG Balance Sheet

2023-09-30
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 573.2$ 320.0
Short-term marketable debt securities104.085.2
Accounts receivable, net of allowance for credit losses and customer deductions of $13.4 million and $19.6 million as of September 30, 2023 and December 31, 2022, respectively1,045.21,031.8
Inventories986.1977.3
Prepaid expenses and other current assets64.858.3
Federal and state income taxes receivable0.035.7
Total current assets2,773.32,508.3
Property, plant, and equipment, net3,863.43,900.0
Goodwill922.4922.4
Other intangible assets, net239.2267.9
Operating lease right-of-use assets279.0298.3
Long-term marketable debt securities49.364.9
Other long-term assets51.042.0
Total assets8,177.68,003.8
Current liabilities:  
Less current portion[1]399.50.0
Operating lease obligations77.172.2
Finance lease obligations2.01.9
Accounts payable405.9410.4
Dividends payable115.4115.5
Accrued liabilities245.1263.7
Accrued interest25.511.8
Federal and state income taxes payable8.40.0
Total current liabilities1,278.9875.5
Long-term liabilities:  
Long-term debt2,075.72,473.6
Operating lease obligations213.0234.6
Finance lease obligations9.310.8
Deferred income taxes536.8543.0
Compensation and benefits116.4141.8
Other long-term liabilities60.357.4
Total long-term liabilities3,011.53,461.2
Commitments and contingent liabilities
Stockholders' equity:  
Common stock, par value $0.01 per share, 300.0 million shares authorized, 89.6 million and 89.7 million shares issued as of September 30, 2023 and December 31, 2022, respectively0.90.9
Additional paid in capital612.5581.8
Retained earnings3,370.53,186.8
Accumulated other comprehensive loss(96.7)(102.4)
Total stockholders' equity3,887.23,667.1
Total liabilities and stockholders' equity$ 8,177.6$ 8,003.8
[1]The current portion of long-term debt excludes unamortized debt issuance costs of $0.4 million at September 30, 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
 WEBSITEwww.packagingcorp.com
 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 Fri Feb 23 2024, market cap of Packaging Corp of America is 15.72 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 Fri Feb 23 2024, PKG's PE ratio (Price to Earnings) is 19.96 and Price to Sales (PS) ratio is 2. 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 0.116 (multiply by 100 for percentage) rate of return.