Ranpak Holdings Corp. (PACK)
NYSE: PACK · Real-Time Price · USD
6.22
+0.11 (1.80%)
Nov 4, 2024, 4:00 PM EST - Market closed
Ranpak Holdings Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Ranpak Holdings stock have an average target of 8.50, with a low estimate of 7.00 and a high estimate of 10. The average target predicts an increase of 36.66% from the current stock price of 6.22.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PACK stock from 2 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $10 → $7 | Hold | Maintains | $10 → $7 | +12.54% | Nov 1, 2024 |
| Baird | Baird | Buy → Hold Downgrades $10 | Buy → Hold | Downgrades | $10 | +60.77% | Aug 14, 2024 |
| Baird | Baird | Buy Maintains $8 → $10 | Buy | Maintains | $8 → $10 | +60.77% | Aug 2, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $10 | Strong Buy | Maintains | $10 | +60.77% | Jun 20, 2024 |
| Baird | Baird | Buy Maintains $7 → $8 | Buy | Maintains | $7 → $8 | +28.62% | May 3, 2024 |
Financial Forecast
Revenue This Year
371.87M
from 336.30M
Increased by 10.58%
Revenue Next Year
406.56M
from 371.87M
Increased by 9.33%
EPS This Year
-0.06
from -0.33
EPS Next Year
-0.01
from -0.06
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 387.1M | 432.0M | 492.8M |
| Avg | 371.9M | 406.6M | 478.7M |
| Low | 353.3M | 378.0M | 460.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.1% | 16.2% | 21.2% |
| Avg | 10.6% | 9.3% | 17.8% |
| Low | 5.1% | 1.6% | 13.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.06 | -0.01 | -0.06 |
| Avg | -0.06 | -0.01 | -0.06 |
| Low | -0.06 | -0.01 | -0.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
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.