Packaging Corporation of America (PKG)
NYSE: PKG · Real-Time Price · USD
225.86
-1.65 (-0.73%)
Oct 25, 2024, 4:00 PM EDT - Market closed
PKG Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for PKG stock have an average target of 231.5, with a low estimate of 200 and a high estimate of 253. The average target predicts an increase of 2.50% from the current stock price of 225.86.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PKG stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Reiterates $242 → $252 | Strong Buy | Reiterates | $242 → $252 | +11.57% | Oct 24, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $235 → $253 | Buy | Maintains | $235 → $253 | +12.02% | Oct 24, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $219 → $242 | Strong Buy | Maintains | $219 → $242 | +7.15% | Oct 15, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $215 → $235 | Buy | Maintains | $215 → $235 | +4.05% | Oct 7, 2024 |
| Citigroup | Citigroup | Hold Maintains $199 → $221 | Hold | Maintains | $199 → $221 | -2.15% | Oct 2, 2024 |
Financial Forecast
Revenue This Year
8.32B
from 7.80B
Increased by 6.61%
Revenue Next Year
8.78B
from 8.32B
Increased by 5.55%
EPS This Year
8.98
from 8.48
Increased by 5.87%
EPS Next Year
10.69
from 8.98
Increased by 19.10%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.8B | 9.3B | 9.7B | ||
| Avg | 8.3B | 8.8B | 9.0B | ||
| Low | 8.0B | 8.3B | 8.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.6% | 12.1% | 10.0% | ||
| Avg | 6.6% | 5.6% | 2.7% | ||
| Low | 2.0% | -0.6% | -2.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.71 | 11.81 | 13.33 | ||
| Avg | 8.98 | 10.69 | 11.68 | ||
| Low | 8.48 | 9.70 | 10.49 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.5% | 31.6% | 24.7% | ||
| Avg | 5.9% | 19.1% | 9.2% | ||
| Low | -0.0% | 8.1% | -1.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.