Packaging Corporation of America (NYSE:PKG) Stock Price Expected to Rise, Citigroup Analyst Says

Packaging Corporation of America (NYSE:PKG) had its target price boosted by equities researchers at Citigroup from $226.00 to $227.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the industrial products company’s stock. Citigroup’s price target points to a potential upside of 1.90% from the company’s previous close.

Other analysts have also recently issued reports about the company. Wells Fargo & Company upped their target price on Packaging Corporation of America from $233.00 to $234.00 and gave the company an “overweight” rating in a report on Thursday. Wall Street Zen upgraded shares of Packaging Corporation of America from a “sell” rating to a “hold” rating in a research report on Saturday, January 3rd. Zacks Research upgraded shares of Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 6th. UBS Group lifted their price objective on Packaging Corporation of America from $230.00 to $235.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. Finally, JPMorgan Chase & Co. boosted their price objective on Packaging Corporation of America from $238.00 to $245.00 and gave the company an “overweight” rating in a research note on Friday, December 5th. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $236.00.

Packaging Corporation of America Stock Performance

NYSE PKG opened at $222.77 on Thursday. The company has a market capitalization of $20.04 billion, a price-to-earnings ratio of 25.99, a PEG ratio of 1.66 and a beta of 0.88. The company has a quick ratio of 2.00, a current ratio of 3.16 and a debt-to-equity ratio of 0.84. Packaging Corporation of America has a twelve month low of $172.71 and a twelve month high of $231.12. The stock has a fifty day simple moving average of $209.35 and a 200 day simple moving average of $206.96.

Packaging Corporation of America (NYSE:PKG) last announced its earnings results on Tuesday, January 27th. The industrial products company reported $2.32 EPS for the quarter, missing the consensus estimate of $2.41 by ($0.09). The company had revenue of $2.36 billion for the quarter, compared to analyst estimates of $2.43 billion. Packaging Corporation of America had a return on equity of 19.18% and a net margin of 8.61%.The firm’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.47 earnings per share. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. Sell-side analysts expect that Packaging Corporation of America will post 10.44 EPS for the current year.

Institutional Investors Weigh In On Packaging Corporation of America

A number of hedge funds have recently added to or reduced their stakes in the company. Benchmark Financial Wealth Advisors LLC raised its position in shares of Packaging Corporation of America by 2.1% during the fourth quarter. Benchmark Financial Wealth Advisors LLC now owns 2,345 shares of the industrial products company’s stock worth $484,000 after purchasing an additional 48 shares during the period. World Investment Advisors raised its holdings in Packaging Corporation of America by 4.1% during the third quarter. World Investment Advisors now owns 1,279 shares of the industrial products company’s stock worth $279,000 after buying an additional 50 shares during the last quarter. River Street Advisors LLC raised its holdings in Packaging Corporation of America by 1.0% during the fourth quarter. River Street Advisors LLC now owns 5,362 shares of the industrial products company’s stock worth $1,106,000 after buying an additional 51 shares during the last quarter. Advyzon Investment Management LLC lifted its stake in shares of Packaging Corporation of America by 3.3% in the second quarter. Advyzon Investment Management LLC now owns 1,608 shares of the industrial products company’s stock valued at $303,000 after buying an additional 52 shares in the last quarter. Finally, Argent Advisors Inc. lifted its stake in shares of Packaging Corporation of America by 1.9% in the third quarter. Argent Advisors Inc. now owns 2,852 shares of the industrial products company’s stock valued at $622,000 after buying an additional 52 shares in the last quarter. Institutional investors and hedge funds own 89.78% of the company’s stock.

Packaging Corporation of America Company Profile

Packaging Corporation of America (NYSE: PKG) is a leading North American manufacturer of containerboard and corrugated packaging products. The company produces a range of paper-based packaging solutions including linerboard, corrugating medium, corrugated shipping containers, retail-ready packaging and point-of-purchase displays. In addition to core packaging products, Packaging Corporation of America offers packaging design, testing and supply-chain services intended to optimize protection, cost and sustainability for customers.

Headquartered in Lake Forest, Illinois, the company operates an integrated network of mills and corrugated manufacturing facilities across the United States and serves customers throughout North America in industries such as e-commerce, grocery and food & beverage, consumer packaged goods and industrial markets.