UBS Group has increased its
price target for the
Packaging Corporation of America (PKG) to $230.00.
PKG reported
strong Q3 earnings and
record cash flow. Despite the
lower profit guidance and
acquisition challenges, the company's shares suffered a fall after
missed earnings.
PKG's margin improvement has reinforced its resilient profit narrative. This is further reinforced by the earnings jump of 26%.
The Q3 earnings lag estimates and have risen YOY on higher prices. Shares in
PKG have been purchased by multiple organizations such as the
Fiduciary Family Office LLC and
Virginia Retirement Systems. The
Q3 Earnings call highlighted an EPS of $2.51. The
Q3 earnings also fell short of key metrics.
PKG predicts a strong EPS of $2.40 for Q4. Once again,
PKG is expected to beat estimates in its next earnings report.
Packaging Corp of America PKG News Analytics from Tue, 22 Apr 2025 07:00:00 GMT to Sat, 25 Oct 2025 15:26:45 GMT -
Rating 4
- Innovation 0
- Information 6
- Rumor -6
