Packaging Corporation of America (PKG) experiences a mix of shifts in the market. Amidst its evident underperformance in comparison to Nasdaq, notable firms like
Janney Montgomery Scott LLC and
First United Bank & Trust have increased their positions in PKG. Additionally, assessments from
Truist suggest a positive market outlook, raising PKG's price target and maintaining the Buy inclination. PKG has reported record cash flow and sales in its Q1 and Q4 2024 earnings calls respectively, yet noted a minor shortfall in Q1 2025 revenue.
Management changes planned have evoked varied sentiments. Negative receptions from Jefferies and Philip Ng led to downgrading of PKG's stock rating, alongside indications of possible competitive pressure from
Smurfit Westrock. PKG's past five-year return of 117% is optimistic, with an announced dividend of $1.25. However, their CEO, Mark Kowlzan also sold $15.99 million in stock indicating a possible bearish trend. Despite Q1 2025 earnings surpassing estimates and strong Q1 results, shares dipped. In contrast, Mooy's upgraded PKG's rating to Baa1 and noted PKG's remarkable volume growth despite market challenges.
Packaging Corp of America PKG News Analytics from Thu, 26 Sep 2024 07:00:00 GMT to Sat, 21 Jun 2025 07:58:46 GMT -
Rating 1
- Innovation 3
- Information 6
- Rumor -2
