Packaging Corporation of America (PKG) is currently priced at $212.54, showing a minimal price change of 0 cents, with a slight percentage increase of 0.019%. The trading volume stands at $82,065, representing a 7.82% increase compared to the average.
In the latest quarterly earnings reported on Tuesday, April 21st, PKG met the consensus estimate with an EPS of 2.18.
PKG offers a forward dividend yield of 2.35% and a dividend per share MRQ of $1.25.
Wells Fargo reaffirmed PKG with an "Overweight" grade, maintaining a hold position, with the stock priced at $212.87.
PKG recorded a free cash flow of $127.6 million, operating cash flow at $446.6 million, and a net change in cash of -$105 million.
With revenue totaling $2.37 billion, PKG achieved a gross profit of $452.9 million and a net income of $170.9 million, resulting in an EPS of $1.92.
The company's notable ratios include a gross profit margin of 19.13%, operating profit margin of 11.51%, and a price-earnings ratio of 27.46.
PKG's financial position shows total assets of $10.92 billion and total liabilities of $6.33 billion, with a net debt of $3.84 billion.
This comprehensive overview portrays Packaging Corporation of America as a stable investment option with consistent performance metrics.
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.