Ranpak Holdings Corp. (PACK)
NYSE: PACK · IEX Real-Time Price · USD
6.13
+0.06 (0.99%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Ranpak Holdings Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Ranpak Holdings stock have an average target of 7.67, with a low estimate of 5.00 and a high estimate of 10. The average target predicts an increase of 25.12% from the current stock price of 6.13.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PACK stock from 3 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $10 | Strong Buy | Maintains | $10 | +63.13% | Jun 20, 2024 |
| Baird | Baird | Buy Maintains $7 → $8 | Buy | Maintains | $7 → $8 | +30.51% | May 3, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $8 → $10 | Strong Buy | Maintains | $8 → $10 | +63.13% | Apr 1, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $6 → $8 | Strong Buy | Maintains | $6 → $8 | +30.51% | Mar 12, 2024 |
| Baird | Baird | Buy Maintains $5 → $7 | Buy | Maintains | $5 → $7 | +14.19% | Mar 12, 2024 |
Financial Forecast
Revenue This Year
371.92M
from 336.30M
Increased by 10.59%
Revenue Next Year
409.45M
from 371.92M
Increased by 10.09%
EPS This Year
-0.27
from -0.33
EPS Next Year
-0.17
from -0.27
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 386.6M | 433.9M | 490.0M |
| Avg | 371.9M | 409.5M | 476.0M |
| Low | 351.1M | 372.2M | 457.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.9% | 16.7% | 19.7% |
| Avg | 10.6% | 10.1% | 16.3% |
| Low | 4.4% | 0.1% | 11.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.21 | -0.06 | -0.21 |
| Avg | -0.27 | -0.17 | -0.20 |
| Low | -0.32 | -0.27 | -0.20 |
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.