Packaging Corporation of America (PKG)
NYSE: PKG · IEX Real-Time Price · USD
188.94
+2.07 (1.11%)
Mar 27, 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 164.5, with a low estimate of 140 and a high estimate of 187. The average target predicts a decrease of -12.94% from the current stock price of 188.94.
Analyst Consensus: Buy
* Price targets were last updated on Jan 4, 2024.
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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 4 | 4 | 4 | 5 | 5 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 5 | 5 | 5 | 6 | 6 | 6 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
B of A Securities | B of A Securities | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Mar 4, 2024 |
Seaport Global | Seaport Global | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jan 29, 2024 |
Truist Securities | Truist Securities | Strong Buy Maintains $170 → $187 | Strong Buy | Maintains | $170 → $187 | -1.03% | Jan 4, 2024 |
Wells Fargo | Wells Fargo | Hold Maintains $147 → $173 | Hold | Maintains | $147 → $173 | -8.44% | Nov 30, 2023 |
Citigroup | Citigroup | Hold Maintains $150 → $158 | Hold | Maintains | $150 → $158 | -16.38% | Oct 25, 2023 |
Financial Forecast
Revenue This Year
8.04B
from 7.80B
Increased by 3.05%
Revenue Next Year
8.32B
from 8.04B
Increased by 3.46%
EPS This Year
8.89
from 8.48
Increased by 4.83%
EPS Next Year
10.21
from 8.89
Increased by 14.82%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 8.5B | 8.9B | 9.2B | 9.2B | 9.5B |
Avg | 8.0B | 8.3B | 8.6B | 8.9B | 9.1B |
Low | 7.6B | 7.8B | 8.0B | 8.6B | 8.9B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 9.1% | 10.1% | 10.3% | 7.3% | 7.1% |
Avg | 3.0% | 3.5% | 3.4% | 3.2% | 3.0% |
Low | -2.0% | -2.5% | -4.1% | 0.1% | -0.1% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 10.45 | 11.74 | 13.06 | 10.82 | 11.15 |
Avg | 8.89 | 10.21 | 10.85 | 10.40 | 10.73 |
Low | 7.65 | 8.89 | 9.41 | 10.09 | 10.41 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 23.2% | 32.1% | 28.0% | -0.3% | 7.2% |
Avg | 4.8% | 14.8% | 6.2% | -4.1% | 3.1% |
Low | -9.8% | 0.1% | -7.8% | -6.9% | 0.0% |
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.