Packaging Corp. of America Stock Down 0.10% Despite Positive Market Session
May 27, 2023
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Packaging ($NYSE:PKG) Corp. of America (PCA) is a major producer of containerboard and corrugated packaging products. On Friday, the company’s stock decreased by 0.10%, closing at $127.20, despite the stock market having a generally positive trading session. This decline may be attributed to overall market conditions, as well as to the investment activity in PCA’s shares. With over 1 million shares traded on the day, it is evident that investors were selling their PCA stock.
PCA continues to invest in innovative technologies to help optimize its operations and increase its competitiveness in the market. This has enabled the company to stay ahead of its rivals, and maintain its market leading position in the industry. With a strong management team at the helm, PCA is expected to continue to expand its business in the coming years.
Analysis
GoodWhale conducted an analysis of PACKAGING CORPORATION‘s fundamentals and found that it had strong fundamentals in asset, dividend, and profitability. The company also had medium growth according to the Star Chart findings. Additionally, its health score of 10/10 with regards to its cashflows and debt indicates that PACKAGING CORPORATION is capable of riding out any crisis without the risk of bankruptcy. Based on these findings, we concluded that the company falls under the ‘rhino’ classification, which means that it has achieved moderate revenue or earnings growth. Given the company’s strong fundamentals and moderate growth rate, investors who are looking for long-term investments that are stable and unlikely to yield huge returns may be interested in investing in PACKAGING CORPORATION. They may also be interested in investing in a company with a low-risk profile, as PACKAGING CORPORATION is unlikely to experience the risk of bankruptcy due to its strong health score. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Packaging Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 8.32k | 959.8 | 12.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Packaging Corporation. More…
| Operations | Investing | Financing |
| 1.5k | -833.7 | -960 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Packaging Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8k | 4.34k | 40.8 |
Key Ratios Snapshot
Some of the financial key ratios for Packaging Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.2% | 10.8% | 16.2% |
| FCF Margin | ROE | ROA |
| 8.1% | 22.9% | 10.5% |
Peers
Packaging Corp of America is one of the largest packaging companies in the world. Its competitors include Tomypak Holdings Bhd, PT Sriwahana Adityakarta Tbk, and Shanghai Xintonglian Packing Co Ltd.
– Tomypak Holdings Bhd ($KLSE:7285)
Tomypak Holdings Bhd is a Malaysian company that is involved in the packaging and manufacturing of food products. The company has a market capitalization of 168.14 million as of 2022 and a return on equity of -0.75%. The company’s products are sold in Malaysia, Singapore, Indonesia, and the Philippines.
– PT Sriwahana Adityakarta Tbk ($IDX:SWAT)
Sriwahana Adityakarta Tbk is an Indonesian holding company with interests in a range of businesses, including banking, finance, property development, and mining. The company has a market capitalization of $172.09 billion as of 2022 and a return on equity of 9.34%. Sriwahana Adityakarta Tbk is a publicly traded company listed on the Indonesia Stock Exchange.
– Shanghai Xintonglian Packing Co Ltd ($SHSE:603022)
Shanghai Xintonglian Packing Co Ltd is a company that manufactures and sells packaging products. The company has a market cap of 2.02B as of 2022 and a return on equity of 3.94%. The company’s products include plastic bags, paper bags, and other packaging products. The company’s products are used in a variety of industries, including food, beverage, and pharmaceutical.
Summary
Packaging Corporation of America (PCA) stock dropped 0.10% to $127.20 on Friday, despite the overall positive sentiment in the stock market. PCA is a top packaging company in the U.S., and investors may want to consider PCA for their portfolios. Investors should watch the stock closely and consider buying if it dips further.
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