Graphic Packaging Holding (GPK) Receiving Somewhat Positive Media Coverage, Accern Reports
News articles about Graphic Packaging Holding (NYSE:GPK) have been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Graphic Packaging Holding earned a news impact score of 0.11 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 46.6734613580229 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Graphic Packaging Holding (NYSE GPK) opened at 13.24 on Friday. Graphic Packaging Holding has a 1-year low of $12.00 and a 1-year high of $14.70. The stock has a market cap of $4.10 billion, a price-to-earnings ratio of 24.56 and a beta of 1.14. The firm has a 50-day moving average of $13.53 and a 200 day moving average of $13.32.
Graphic Packaging Holding (NYSE:GPK) last issued its quarterly earnings data on Tuesday, July 25th. The industrial products company reported $0.15 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.15. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.09 billion. Graphic Packaging Holding had a net margin of 3.98% and a return on equity of 18.22%. The firm’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.19 earnings per share. Equities research analysts forecast that Graphic Packaging Holding will post $0.68 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 5th. Investors of record on Friday, September 15th will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.30 dividend on an annualized basis and a yield of 2.27%. Graphic Packaging Holding’s dividend payout ratio (DPR) is 54.55%.
Several equities analysts recently weighed in on GPK shares. Citigroup Inc. reaffirmed a “buy” rating on shares of Graphic Packaging Holding in a research report on Friday, April 14th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $14.00 price target on shares of Graphic Packaging Holding in a research report on Monday, May 8th. BMO Capital Markets reaffirmed a “buy” rating and issued a $15.50 price target on shares of Graphic Packaging Holding in a research report on Friday, June 23rd. BidaskClub raised shares of Graphic Packaging Holding from a “hold” rating to a “buy” rating in a research report on Wednesday, July 5th. Finally, DA Davidson started coverage on shares of Graphic Packaging Holding in a research report on Monday, July 10th. They issued a “buy” rating and a $17.50 price target on the stock. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $15.73.
In related news, Director G Andrea Botta sold 10,982 shares of the stock in a transaction that occurred on Wednesday, May 31st. The shares were sold at an average price of $13.45, for a total transaction of $147,707.90. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.02% of the stock is owned by corporate insiders.
Graphic Packaging Holding Company Profile
Graphic Packaging Holding Company is a provider of paper-based packaging solutions for a range of products to food, beverage and other consumer product companies. The Company’s segments include Paperboard Mills, Americas Paperboard Packaging, Europe Paperboard Packaging, and Corporate and Other. The Paperboard Mills segment includes the Company’s North American paperboard mills, which produce primarily coated unbleached kraft and coated recycled board.
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