Graphic Packaging Holding Company (GPK) – What Are Researchers Saying About This Stock?

Shares of Graphic Packaging Holding Company (NYSE:GPK) have been given an average rating of “Reduce” by the twelve analysts that are covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $11.01.

A number of analysts have commented on GPK shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Graphic Packaging in a report on Monday, September 21st. Royal Bank Of Canada raised their price target on shares of Graphic Packaging from $9.00 to $12.00 and gave the company a “sector perform” rating in a report on Wednesday. Raymond James Financial restated an “underperform” rating on shares of Graphic Packaging in a research note on Wednesday. Truist Financial set a $9.00 price target on shares of Graphic Packaging in a research note on Wednesday. Finally, Citigroup lowered their target price on shares of Graphic Packaging from $13.00 to $9.00 and set a “neutral” rating for the company in a research note on Friday, October 2nd.

Institutional Investors Weigh In On Graphic Packaging

Several institutional investors and hedge funds have recently made changes to their positions in the company. Bell Investment Advisors Inc bought a new stake in Graphic Packaging in the 2nd quarter valued at $25,000. Physician Wealth Advisors Inc. increased its holdings in shares of Graphic Packaging by 2,321.1% during the first quarter. Physician Wealth Advisors Inc. now owns 3,220 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 3,087 shares during the period. Heritage Family Offices LLP acquired a new stake in shares of Graphic Packaging during the 3rd quarter worth approximately $34,000. Versant Capital Management Inc boosted its position in Graphic Packaging by 1,075.7% in the second quarter. Versant Capital Management Inc now owns 3,480 shares of the industrial products company’s stock valued at $37,000 after buying an additional 3,184 shares in the last quarter. Finally, Bessemer Group Inc. lifted its holdings in shares of Graphic Packaging by 259.4% during the first quarter. Bessemer Group Inc. now owns 4,148 shares of the industrial products company’s stock worth $41,000 after purchasing an additional 2,994 shares during the period. Institutional investors and hedge funds own 99.67% of the company’s stock.

Graphic Packaging Stock Down 2.8%

Shares of Graphic Packaging stock opened at $11.22 on Friday. The company has a market cap of $3.32 billion, a price-to-earnings ratio of 44.88 and a beta of 0.65. Graphic Packaging has a twelve month low of $8.15 and a twelve month high of $16.61. The company’s 50 day moving average is $9.43 and its 200 day moving average is $10.63. The company has a quick ratio of 0.60, a current ratio of 1.38 and a debt-to-equity ratio of 1.58.

Graphic Packaging (NYSE:GPK) last posted its earnings results on Tuesday, November 3rd. The industrial products company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.01. The firm had revenue of $2.19 billion during the quarter, compared to the consensus estimate of $2.17 billion. Graphic Packaging had a net margin of 2.25% and a return on equity of 9.95%. The firm’s revenue for the quarter was up .1% on a year-over-year basis. During the same quarter last year, the firm earned $0.58 EPS. Research analysts anticipate that Graphic Packaging will post 0.68 EPS for the current year.

About Graphic Packaging

Graphic Packaging Holding Company, through its subsidiary Graphic Packaging International, develops and manufactures fiber-based packaging products for consumer goods companies. Its offerings include paperboard folding cartons, beverage carriers, cups, foodservice packaging, and other packaging solutions designed for products sold in grocery, foodservice, beverage, and household markets.

The company serves brand owners and manufacturers across a range of end markets, including food, beverage, consumer packaged goods, and foodservice.