Royal Bank Of Canada Issues Pessimistic Forecast for Graphic Packaging (NYSE:GPK) Stock Price

Graphic Packaging (NYSE:GPK) had its target price cut by investment analysts at Royal Bank Of Canada from $11.00 to $10.00 in a research note issued on Wednesday, Benzinga reports. The firm presently has a “sector perform” rating on the industrial products company’s stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 8.64% from the stock’s current price.

Several other research firms have also issued reports on GPK. Wells Fargo & Company lifted their target price on Graphic Packaging from $9.00 to $10.00 and gave the company an “underweight” rating in a research note on Wednesday, August 5th. Bank of America lowered their target price on shares of Graphic Packaging from $14.00 to $13.00 and set a “neutral” rating for the company in a research note on Friday, September 11th. UBS Group raised their price objective on Graphic Packaging from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Graphic Packaging in a research note on Monday, September 21st. Finally, JPMorgan Chase & Co. raised shares of Graphic Packaging from a “neutral” rating to an “overweight” rating and dropped their price objective for the company from $12.50 to $11.50 in a report on Wednesday, September 23rd. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $11.23.

Graphic Packaging Stock Performance

Graphic Packaging stock opened at $9.21 on Wednesday. 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 company has a market capitalization of $2.73 billion, a PE ratio of 13.95 and a beta of 0.65. The company has a 50 day moving average price of $10.75 and a 200-day moving average price of $10.37. Graphic Packaging has a fifty-two week low of $8.78 and a fifty-two week high of $19.71.

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, topping analysts’ consensus estimates of $0.12 by $0.02. The business had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.18 billion. Graphic Packaging had a return on equity of 9.95% and a net margin of 2.25%.The business’s revenue was down .7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.42 EPS. Graphic Packaging has set its FY 2026 guidance at 0.650-0.900 EPS. As a group, equities analysts forecast that Graphic Packaging will post 0.72 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. QRG Capital Management Inc. increased its holdings in shares of Graphic Packaging by 111.0% during the 2nd quarter. QRG Capital Management Inc. now owns 21,570 shares of the industrial products company’s stock valued at $228,000 after purchasing an additional 11,345 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in Graphic Packaging by 46.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 65,870 shares of the industrial products company’s stock worth $696,000 after buying an additional 21,039 shares in the last quarter. Sequoia Financial Advisors LLC grew its position in Graphic Packaging by 135.3% during the second quarter. Sequoia Financial Advisors LLC now owns 63,784 shares of the industrial products company’s stock valued at $674,000 after buying an additional 36,682 shares during the period. Engineers Gate Manager LP increased its holdings in Graphic Packaging by 60.9% in the second quarter. Engineers Gate Manager LP now owns 444,472 shares of the industrial products company’s stock valued at $4,698,000 after buying an additional 168,171 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC purchased a new position in Graphic Packaging in the second quarter valued at $145,000. 99.67% of the stock is owned by institutional investors and hedge funds.

About Graphic Packaging

Graphic Packaging Holding Company, operating through Graphic Packaging International, develops and manufactures fiber-based packaging solutions for consumer packaged goods companies. Its products are used primarily in the food, beverage and household products industries, where packaging is designed to protect products, support branding and improve convenience.

The company’s offerings include folding cartons, paperboard packaging, coated recycled board, paper cups and other foodservice packaging products.