Graphic Packaging (NYSE:GPK) Price Target Lowered to $13.00 at Bank of America

Graphic Packaging (NYSE:GPK) had its price target lowered by equities research analysts at Bank of America from $14.00 to $13.00 in a report released on Friday, Benzinga reports. The brokerage presently has a “neutral” rating on the industrial products company’s stock. Bank of America‘s target price would suggest a potential upside of 36.77% from the company’s current price.

Several other research analysts also recently issued reports on the company. Weiss Ratings restated a “sell (d+)” rating on shares of Graphic Packaging in a research report on Wednesday, June 24th. Wells Fargo & Company boosted their price target on Graphic Packaging from $9.00 to $10.00 and gave the stock an “underweight” rating in a report on Wednesday, August 5th. JPMorgan Chase & Co. started coverage on Graphic Packaging in a research report on Monday, June 29th. They issued a “neutral” rating and a $11.70 price objective on the stock. UBS Group increased their price objective on Graphic Packaging from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Finally, Zacks Research upgraded Graphic Packaging from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Nine research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Graphic Packaging has an average rating of “Reduce” and a consensus price target of $11.26.

Graphic Packaging Price Performance

NYSE:GPK traded up $0.12 during mid-day trading on Friday, hitting $9.51. 829,190 shares of the company’s stock traded hands, compared to its average volume of 6,405,825. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.60 and a current ratio of 1.38. The firm’s 50 day simple moving average is $11.04 and its 200 day simple moving average is $10.55. Graphic Packaging has a 1 year low of $8.78 and a 1 year high of $21.24. The company has a market cap of $2.81 billion, a PE ratio of 14.42 and a beta of 0.65.

Graphic Packaging (NYSE:GPK) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.02. The company had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.18 billion. Graphic Packaging had a net margin of 2.25% and a return on equity of 9.95%. The company’s revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.42 earnings per share. Graphic Packaging has set its FY 2026 guidance at 0.650-0.900 EPS. Sell-side analysts expect that Graphic Packaging will post 0.72 EPS for the current year.

Hedge Funds Weigh In On Graphic Packaging

Several large investors have recently added to or reduced their stakes in GPK. NewEdge Advisors LLC raised its position in Graphic Packaging by 3.0% in the second quarter. NewEdge Advisors LLC now owns 18,379 shares of the industrial products company’s stock worth $387,000 after purchasing an additional 539 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in Graphic Packaging by 0.9% during the second quarter. Thrivent Financial for Lutherans now owns 71,049 shares of the industrial products company’s stock valued at $1,497,000 after purchasing an additional 660 shares in the last quarter. Hsbc Holdings PLC grew its stake in shares of Graphic Packaging by 5.4% in the 2nd quarter. Hsbc Holdings PLC now owns 15,485 shares of the industrial products company’s stock valued at $326,000 after purchasing an additional 791 shares during the period. one8zero8 LLC grew its stake in shares of Graphic Packaging by 8.7% in the 4th quarter. one8zero8 LLC now owns 12,500 shares of the industrial products company’s stock valued at $188,000 after purchasing an additional 1,000 shares during the period. Finally, Curi Capital LLC raised its holdings in shares of Graphic Packaging by 1.0% in the 2nd quarter. Curi Capital LLC now owns 109,661 shares of the industrial products company’s stock worth $2,311,000 after buying an additional 1,045 shares in the last quarter. 99.67% of the stock is currently owned by hedge funds and other institutional investors.

About Graphic Packaging

Graphic Packaging Holding Company is a leading provider of sustainable paperboard packaging solutions, offering a broad portfolio of products designed for food, beverage and other consumer goods markets. The company specializes in the manufacture of containerboard, folding cartons and engineered fill materials, as well as beverage packaging systems including paperboard cups, carriers and related components.

Through a network of manufacturing facilities across North America, Europe and Latin America, Graphic Packaging serves a diverse customer base that includes major consumer packaged goods companies, quick-service restaurants and retail chains.