Packaging Corp of America (PKG) Stock Forecast & Price Target
Packaging Corp of America · NYSE
$227.29-4.70 (-2.03%)
15-min delayed · Sep 9, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 8 firms covering Packaging Corp of America, 6 rate it Buy or better, 2 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $246.00 to $312.00, so the covering firms are broadly aligned. The average target of $267.88 sits 18% above the current $227.29. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $2.82 next quarter toward $12.94 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS8 ratings
Moderate Buy
Strong Buy00%
Buy675%
Hold225%
Sell00%
Strong Sell00%
Based on 8 analysts giving stock ratings to Packaging Corp of America.
As of Sep, 6 of 8 firms rate PKG a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
PKG EPS & revenue forecast
EPS · NEXT QUARTER
$2.82
Range $2.71 – $3.05 · 9 analysts · +21% YoY
Next period, 9 analysts expect Packaging Corp of America to earn $2.82 a share (range $2.71 – $3.05), versus $2.32 a year earlier. Full-year consensus is $10.50, growing to $12.94 the year after.
REVENUE · NEXT QUARTER
$2.6B
Range $2.5B – $2.7B · 9 analysts · +10% YoY
Revenue is expected to reach $2.6B (range $2.5B – $2.7B), +10.2% year-over-year. Full-year consensus is $10.1B, rising to $10.8B next year.
Top analysts covering Packaging Corp of America
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on PKG.
#1
AP
Anthony Pettinari
Citigroup · Rank #115
Hold
$254.00+11.8% to target
Overall win rate
44%
+ Follow
#2
GH
Gabe Hajde
Wells Fargo · Rank #256
Hold
$246.00+8.2% to target
Overall win rate
35%
+ Follow
#3
GS
George Staphos
B of A Securities · Rank #361
Buy
$263.00+15.7% to target
Overall win rate
31%
+ Follow
#4
AS
Anojja Shah
UBS
Buy
$292.00+28.5% to target
Coverage
—
+ Follow
#5
MR
Michael Roxland
Truist Securities
Buy
$270.00+18.8% to target
Coverage
—
+ Follow
PKG stock forecast FAQ
What is PKG's average 12-month price target?+
The 8 analysts with a live target average $267.88 for Packaging Corp of America over the next 12 months, ranging from a $312.00 high to a $246.00 low.
Is PKG stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 8 analyst ratings, 6 are Buy or Strong Buy, 2 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for PKG?+
The Street-high target is $312.00 (JP Morgan), and the Street-low is $246.00 (Wells Fargo). The average of all 8 active targets is $267.88.
How many Wall Street analysts cover PKG?+
8 analysts have an active rating on Packaging Corp of America, and 8 firms carry a live 12-month price target.
Who is the most accurate analyst covering PKG?+
Among analysts who currently cover PKG, Anthony Pettinari of Citigroup has the strongest overall Quantellect track record (Rank #115). Their current call is Hold with a $254.00 target.
What is Packaging Corp of America's projected EPS for next quarter?+
The consensus estimate is $2.82 per share (range $2.71 – $3.05) across 9 analysts. Full-year EPS is projected at $10.50, rising to $12.94 the following year.
How much revenue is Packaging Corp of America expected to report next quarter?+
Consensus revenue is $2.6B (range $2.5B – $2.7B). Full-year revenue is projected at $10.1B, growing to $10.8B next year.
Have analysts been upgrading or downgrading PKG lately?+
As of Sep, 6 of 8 firms rate PKG a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their PKG calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.