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PKG

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

185.12USD+0.31 (+0.17%)Market Closed

Market Summary

PKG
USD185.12+0.31
Market Closed
0.17%

PKG Alerts

  • 1 major insider buys recently.

PKG Stock Price

View Fullscreen

PKG RSI Chart

PKG Valuation

Market Cap

16.6T

Price/Earnings (Trailing)

23.0K

Price/Sales (Trailing)

2.1K

EV/EBITDA

18.5K

Price/Free Cashflow

19.3K

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

1.1%

Last 30 days

1.9%

Last 90 days

1.2%

Trailing 12 Months

40.9%

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

2.7%

Dividend/Share (TTM)

5

Buy Backs (1Y)

0.15%

Diluted EPS (TTM)

8

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20247.8B000
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
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
-

1–10 of 50

Which funds bought or sold PKG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
added
2.95
51,475
603,988
0.05%
Jun 07, 2024
Railway Pension Investments Ltd
unchanged
-
1,182,280
8,350,320
0.08%
Jun 04, 2024
DekaBank Deutsche Girozentrale
added
6.8
7,645,000
41,839,000
0.08%
May 30, 2024
CAMBRIDGE TRUST CO
added
25.00
29,726
94,890
-%
May 28, 2024
Boston Partners
added
49.29
116,585,000
274,421,000
0.33%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-5.58
127,000
1,397,000
0.01%
May 24, 2024
PGGM Investments
unchanged
-
263,000
1,858,000
0.03%
May 24, 2024
Cetera Investment Advisers
added
981
3,338,550
3,626,480
0.01%
May 22, 2024
BURNEY CO/
reduced
-88.02
-2,819,600
457,085
0.02%
May 21, 2024
Atria Investments, Inc
reduced
-1.53
241,572
1,884,060
0.03%

1–10 of 46

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
May 30, 2024
11-K
Employee Benefit Details
May 30, 2024
11-K
Employee Benefit Details
May 17, 2024
3
Insider Trading
May 17, 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)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
16.6T
7.8B
1.91% 40.92%
23.0K
2.1K
-6.16% -25.24%
18.4B
8.5B
1.13% 36.63%
33.18
2.18
-3.48% -18.51%
15.8B
18.5B
13.80% 42.61%
91.58
0.85
-11.60% -86.93%
14.5B
13.8B
-3.84% -1.28%
22.22
1.05
-7.72% -33.16%
9.6B
11.8B
-6.54% -7.23%
22.23
0.81
-7.33% -30.08%
MID-CAP
8.5B
9.2B
-3.41% 6.55%
12.41
0.91
-3.99% 9.49%
5.9B
3.7B
-3.70% -0.04%
17.87
1.59
-3.42% 47.98%
5.5B
5.5B
-1.42% -2.71%
15.32
1.01
-1.86% -10.54%
4.7B
5.9B
-6.71% -5.60%
15.33
0.8
-7.84% -5.76%
SMALL-CAP
1.8B
6.9B
-15.93% -43.82%
-7.63
0.26
-1.83% -133.76%
1.1B
905.2M
-3.95% -4.80%
26.1
1.17
1.58% -28.68%
564.4M
804.4M
-5.71% -21.81%
14.33
0.7
-9.59% -29.54%
487.0M
340.4M
-14.26% 29.74%
-21.36
1.43
4.67% 42.57%
70.7M
1.1B
-26.21% 67.90%
-0.28
0.09
-17.21% -907.42%
11.8M
30.3M
1.83% -58.25%
-0.15
0.39
-36.04% -28.10%

Packaging Corp of America News

Latest updates
MarketWatch13 hours ago
Yahoo News Australia10 Jun 202401:33 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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue2.1%1,9801,9381,9361,9521,9761,9782,1262,2372,1362,0432,0001,8801,8071,7141,6941,5421,7091,7201,7511,7601,734
Gross Profit-9.7%370410413445431450518589533510511449404333345326365383411428421
Operating Expenses287.9%23.006.0010.0015.0013.0017.0013.0016.0016.0013.0013.008.0020.0014.009.0018.0010.0011.0012.004.006.00
  S&GA Expenses6.3%152143144146148146145157161141145146145130127136146137137144140
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 Expenses13.1%-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%41.0059.0061.0065.0063.0065.0085.0099.0086.0064.0083.0067.0053.0042.0047.0035.0048.0036.0060.0062.0063.00
Earnings Before Taxes-24.5%18824924526825327734740134028033427522016518692.00190172239256249
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%14718918320319021226330225421725120716712413957.00142136180194187
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%18419425023416817325113511215213497.00107--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets2.0%8,8578,6818,1788,1078,0558,0048,3448,3418,1387,8378,6317,6747,5497,4337,3737,2727,3487,2367,1917,0746,929
  Current Assets5.9%3,4453,2542,7732,6712,5852,5082,9082,9902,8692,7333,8052,9612,8572,7502,7442,6592,6142,4782,5312,4032,262
    Cash Equivalents6.9%6926485734773683206496676296191,703972983975949853764680738569442
  Inventory-0.9%1,0041,0139869921,003977995954941903880827800788778835810794806816832
  Net PPE0.0%3,8653,8643,8633,8873,8973,9003,8133,7633,6713,5293,3613,2413,2133,1933,1313,1153,1393,1523,1103,1073,110
  Goodwill0%922922922922922922922923923924864864864864864864919919919919917
  Current Liabilities10.6%1,4001,2661,2797988298769639739688851,644817806783775684745724771730741
  Long Term Debt0.0%2,4732,4722,0762,4752,4742,4742,4732,4732,4722,4722,4712,4802,4802,4792,4792,4782,4772,4772,4862,4852,485
    LT Debt, Current0.1%400400400-------698----------
    LT Debt, Non Current0.0%2,4732,4722,0762,4752,4742,4742,4732,4732,4722,4722,4712,4802,4802,4792,4792,4782,4772,4772,4862,4852,485
Shareholder's Equity0.8%4,0313,9973,8873,8493,7583,6673,9713,9653,7793,6073,6083,4443,3313,2463,2053,1333,1503,0713,0352,9212,795
  Retained Earnings0.4%3,4603,4473,3713,3393,2593,1873,4443,4373,2623,1023,1633,0092,9062,8362,8072,7432,7712,7052,6442,5392,428
  Additional Paid-In Capital3.3%641620613607598582601601592579581575566554549543535525519513501
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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-22.3%260,400335,300339,500359,900280,400420,100430,600319,000325,300390,700283,600228,200191,600271,100298,200226,800236,700329,200339,800302,400236,000
  Share Based Compensation158.7%19,4007,5007,7009,50015,3006,9007,1009,30012,3008,6006,8008,50011,6006,2006,0007,70010,1005,9005,90011,7006,900
Cashflow From Investing85.1%-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%-135,000283,500-154,500-123,700-117,300-497,000-265,400-103,400-94,200-1,045,500591,900-106,700-95,300-75,400-75,300-85,700-75,200-109,700-75,400-82,700-75,000
  Dividend Payments0%112,000112,000112,400112,400112,100115,900117,20093,60093,60095,000--94,80075,00074,90074,90074,80074,80074,60074,60074,700
  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 profit370.4431.4
Selling, general and administrative expenses(151.9)(148.2)
Other expense, net(22.5)(12.5)
Income from operations196.0270.7
Non-operating pension (expense) income1.1(2.0)
Interest expense, net(9.6)(15.4)
Income before taxes187.5253.3
Provision for income taxes(40.6)(63.2)
Net income$ 146.9$ 190.1
Net income per common share:  
Basic$ 1.64$ 2.12
Diluted1.632.11
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 ($0.6) million for 2024 and 2023, respectively1.01.6
Other comprehensive income0.92.1
Comprehensive income$ 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]492.3493.5
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, respectively1,045.11,033.2
Inventories1,003.61,013.1
Prepaid expenses and other current assets211.762.3
Federal and state income taxes receivable4.3
Total current assets3,445.13,254.4
Property, plant, and equipment, net3,864.53,863.8
Goodwill922.4922.4
Other intangible assets, net220.1229.6
Operating lease right-of-use assets269.4279.6
Long-term marketable debt securities[1]68.564.1
Other long-term assets67.067.2
Total assets8,857.08,681.1
Current liabilities:  
Current maturities of long-term debt399.8399.6
Operating lease obligations79.278.6
Finance lease obligations2.02.0
Accounts payable449.6402.4
Dividends payable114.9115.9
Accrued liabilities304.0253.5
Accrued interest33.313.7
Federal and state income taxes payable17.5
Total current liabilities1,400.31,265.7
Long-term liabilities:  
Long-term debt2,472.72,472.2
Operating lease obligations200.7212.1
Finance lease obligations8.38.7
Deferred income taxes566.5558.0
Compensation and benefits112.1106.4
Other long-term liabilities65.460.7
Total long-term liabilities3,425.73,418.1
Commitments and contingent liabilities (Note 19)
Stockholders' equity:  
Common stock, par value $0.01 per share, 300.0 million shares authorized, 89.8 million and 89.6 million shares issued as of March 31, 2024 and December 31, 2023, respectively0.90.9
Additional paid in capital640.5620.1
Retained earnings3,459.63,447.2
Accumulated other comprehensive loss(70.0)(70.9)
Total stockholders' equity4,031.03,997.3
Total liabilities and stockholders' equity$ 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.
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 Jun 13 2024, market cap of Packaging Corp of America is 16.62 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 Thu Jun 13 2024, PKG's PE ratio (Price to Earnings) is 23.02 Thousand and Price to Sales (PS) ratio is 2.13 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 0.13 (multiply by 100 for percentage) rate of return.