Graphic Packaging (NYSE:GPK) Price Target Raised to $12.00

Graphic Packaging (NYSE:GPK) had its price target hoisted by stock analysts at UBS Group from $11.00 to $12.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the industrial products company’s stock. UBS Group’s target price would indicate a potential upside of 0.88% from the company’s current price.

A number of other research analysts have also weighed in on GPK. Raymond James Financial lowered shares of Graphic Packaging from a “market perform” rating to an “underperform” rating in a research note on Tuesday, April 21st. Citigroup raised their price target on Graphic Packaging from $10.00 to $11.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Zacks Research upgraded Graphic Packaging from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Weiss Ratings restated a “sell (d+)” rating on shares of Graphic Packaging in a research note on Wednesday, June 24th. Finally, Bank of America initiated coverage on Graphic Packaging in a research report on Tuesday, July 14th. They set a “neutral” rating and a $12.00 price target on the stock. Nine equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $11.14.

Graphic Packaging Stock Performance

NYSE:GPK traded down $0.01 on Thursday, reaching $11.89. 2,366,730 shares of the company’s stock were exchanged, compared to its average volume of 6,748,218. The firm has a market cap of $3.52 billion, a price-to-earnings ratio of 18.10 and a beta of 0.66. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.38 and a quick ratio of 0.59. The stock has a fifty day simple moving average of $10.82 and a 200-day simple moving average of $11.04. Graphic Packaging has a 52 week low of $8.78 and a 52 week high of $23.47.

Graphic Packaging (NYSE:GPK) last posted 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 analyst estimates of $2.18 billion. Graphic Packaging had a net margin of 2.25% and a return on equity of 9.95%. The company’s quarterly revenue was down .7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.42 earnings per share. Graphic Packaging has set its FY 2026 guidance at 0.650-0.900 EPS. As a group, sell-side analysts predict that Graphic Packaging will post 0.8 earnings per share for the current year.

Hedge Funds Weigh In On Graphic Packaging

Institutional investors have recently modified their holdings of the company. Manning & Napier Advisors LLC lifted its holdings in shares of Graphic Packaging by 6,288.6% in the 1st quarter. Manning & Napier Advisors LLC now owns 8,481,670 shares of the industrial products company’s stock worth $84,308,000 after acquiring an additional 8,348,907 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Graphic Packaging by 503.6% in the 4th quarter. AQR Capital Management LLC now owns 8,693,765 shares of the industrial products company’s stock valued at $130,928,000 after purchasing an additional 7,253,473 shares in the last quarter. Eminence Capital LP grew its holdings in shares of Graphic Packaging by 67.5% during the 4th quarter. Eminence Capital LP now owns 12,811,941 shares of the industrial products company’s stock valued at $192,948,000 after purchasing an additional 5,163,806 shares during the last quarter. UBS Group AG raised its position in Graphic Packaging by 123.8% in the 4th quarter. UBS Group AG now owns 9,026,134 shares of the industrial products company’s stock worth $135,934,000 after purchasing an additional 4,992,179 shares during the period. Finally, Norges Bank purchased a new position in Graphic Packaging in the 4th quarter worth $54,031,000. 99.67% of the stock is currently owned by 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.