Packaging Corporation of America (PKG)
NYSE: PKG · Real-Time Price · USD
234.72
-0.48 (-0.20%)
Jan 16, 2025, 12:18 PM EST - Market open

PKG Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for PKG stock have an average target of 250, with a low estimate of 200 and a high estimate of 282. The average target predicts an increase of 6.51% from the current stock price of 234.72.

Analyst Consensus: Buy
Target Low Average Median High
Price $200 $250 $253 $282
Change -14.79% +6.51% +7.79% +20.14%

Analyst Ratings

The average analyst rating for PKG stock from 6 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 Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 222233
Buy 111111
Hold 332222
Sell 000000
Strong Sell 000000
Total 665566

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Hold
Maintains
$232$235
Hold Maintains $232$235 +0.12% Jan 6, 2025
Truist Securities
Truist Securities
Strong Buy
Maintains
$252$282
Strong Buy Maintains $252$282 +20.14% Jan 6, 2025
Jefferies
Jefferies
Strong Buy
Upgrades
$215$280
Strong Buy Upgrades $215$280 +19.29% Dec 18, 2024
Truist Securities
Truist Securities
Strong Buy
Reiterates
$242$252
Strong Buy Reiterates $242$252 +7.36% Oct 24, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$235$253
Buy Maintains $235$253 +7.79% Oct 24, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
8.45B
from 7.80B
Increased by 8.35%
Revenue Next Year
9.03B
from 8.45B
Increased by 6.80%
EPS This Year
9.19
from 8.48
Increased by 8.33%
EPS Next Year
11.36
from 9.19
Increased by 23.61%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
6.96B6.66B7.73B8.48B7.80B8.45B9.03B9.33B
Revenue Growth
-0.72%-4.40%16.10%9.67%-7.97%8.35%6.80%3.32%
EPS
7.344.848.8311.038.489.1911.3612.46
EPS Growth
-5.90%-34.06%82.44%24.92%-23.12%8.33%23.61%9.70%
Forward PE
-----25.5520.6718.84
No. Analysts -----12128
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026202720282029
High 8.8B 9.7B 9.9B
Avg 8.5B 9.0B 9.3B
Low 8.1B 8.6B 8.9B

Revenue Growth

Revenue Growth 202420252026202720282029
High
13.2%
14.5%
10.1%
Avg
8.4%
6.8%
3.3%
Low
4.4%
1.3%
-1.5%

EPS Forecast

EPS 202420252026202720282029
High 9.61 12.71 14.81
Avg 9.19 11.36 12.46
Low 8.87 10.05 11.21

EPS Growth

EPS Growth 202420252026202720282029
High
13.3%
38.3%
30.4%
Avg
8.3%
23.6%
9.7%
Low
4.6%
9.3%
-1.3%
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.