Packaging Corporation of America (PKG)
NYSE: PKG · Real-Time Price · USD
246.39
+1.09 (0.44%)
Nov 22, 2024, 4:00 PM EST - 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 a decrease of -6.04% from the current stock price of 246.39.
Analyst Consensus: Buy
* Price targets were last updated on Oct 24, 2024.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 5 | 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 | +2.28% | Oct 24, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $235 → $253 | Buy | Maintains | $235 → $253 | +2.68% | Oct 24, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $219 → $242 | Strong Buy | Maintains | $219 → $242 | -1.78% | Oct 15, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $215 → $235 | Buy | Maintains | $215 → $235 | -4.62% | Oct 7, 2024 |
| Citigroup | Citigroup | Hold Maintains $199 → $221 | Hold | Maintains | $199 → $221 | -10.30% | Oct 2, 2024 |
Financial Forecast
Revenue This Year
8.45B
from 7.80B
Increased by 8.24%
Revenue Next Year
8.99B
from 8.45B
Increased by 6.50%
EPS This Year
9.19
from 8.48
Increased by 8.33%
EPS Next Year
11.36
from 9.19
Increased by 23.61%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.8B | 9.7B | 9.9B | ||
| Avg | 8.4B | 9.0B | 9.3B | ||
| Low | 8.1B | 8.6B | 8.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.2% | 14.6% | 10.6% | ||
| Avg | 8.2% | 6.5% | 3.4% | ||
| Low | 4.4% | 1.4% | -1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.