Packaging Corporation of America (PKG)
NYSE: PKG · IEX Real-Time Price · USD
183.45
+0.32 (0.17%)
May 20, 2024, 10:34 AM EDT - Market open
PKG Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for PKG stock have an average target of 174.75, with a low estimate of 140 and a high estimate of 191. The average target predicts a decrease of -4.74% from the current stock price of 183.45.
Analyst Consensus: Buy
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 4 | 5 | 5 | 4 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $183 → $181 | Hold | Maintains | $183 → $181 | -1.34% | Apr 25, 2024 |
| Wells Fargo | Wells Fargo | Hold → Buy Upgrades $187 → $191 | Hold → Buy | Upgrades | $187 → $191 | +4.12% | Apr 24, 2024 |
| Citigroup | Citigroup | Hold Maintains $172 → $183 | Hold | Maintains | $172 → $183 | -0.25% | Apr 4, 2024 |
| 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 |
Financial Forecast
Revenue This Year
8.05B
from 7.80B
Increased by 3.15%
Revenue Next Year
8.32B
from 8.05B
Increased by 3.40%
EPS This Year
8.97
from 8.48
Increased by 5.79%
EPS Next Year
10.42
from 8.97
Increased by 16.12%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.5B | 8.9B | 9.2B | 9.6B | 10.0B |
| Avg | 8.0B | 8.3B | 8.6B | 9.1B | 9.4B |
| Low | 7.6B | 7.8B | 8.0B | 8.6B | 8.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.1% | 10.0% | 10.2% | 11.9% | 9.8% |
| Avg | 3.1% | 3.4% | 3.4% | 5.5% | 3.2% |
| Low | -2.0% | -2.6% | -4.2% | 0.3% | -2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.45 | 12.13 | 13.06 | 13.57 | 14.27 |
| Avg | 8.97 | 10.42 | 10.83 | 11.98 | 12.39 |
| Low | 8.08 | 9.16 | 9.41 | 10.58 | 10.72 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.2% | 35.2% | 25.4% | 25.2% | 19.1% |
| Avg | 5.8% | 16.1% | 4.0% | 10.6% | 3.4% |
| Low | -4.7% | 2.1% | -9.7% | -2.3% | -10.5% |
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.