FINWIRES · TerminalLIVE
FINWIRES

$PKG

6 stories mentioning PKGUpdated 29d ago

Every FINWIRES story that references PKG, newest first.

Wire

Packaging Corporation of America Seen Benefiting From Pricing Power Amid Tight Supply, UBS Says

Packaging Corporation of America (PKG) is positioned to benefit from improving pricing power supported by tighter industry supply and strengthening demand trends, UBS said in a research note emailed Wednesday, citing expectations that a $50 per ton June price increase will hold.The analyst said recent data points, including stronger bookings and improved industry commentary, suggest conditions are turning more favorable despite still-muted shipment volumes and operating rates below levels typically required for sustained price increases.UBS also pointed to rising input costs such as old corrugated container and diesel, noting that higher cost pressures alongside prior capacity cuts are reinforcing the pricing environment and supporting potential margin recovery.The firm added that additional upside could come from operational efficiencies and synergy benefits, though they cautioned that input cost inflation remains a risk in a prolonged geopolitical disruption scenario.UBS upgraded its rating on the stock to buy from neutral and raised its price target to $248 from $232.Shares of Packaging Corporation of America were up 3.7% in Wednesday trading.Price: $211.30, Change: $+8.13, Percent Change: +4.00%

$PKG
Research

UBS Upgrades Packaging Corp. of America to Buy From Neutral, Adjusts PT to $248 From $232

Packaging Corporation of America (PKG) has an average rating of overweight and mean price target of $243.56, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$PKG
Research

Deutsche Bank Upgrades Packaging of America to Buy From Hold, Raises Price Target to $256 From $225

Packaging of America (PKG) has an average rating of overweight and mean price target of $241.78, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$PKG
Research

Deutsche Bank Upgrades Packaging of America to Buy From Hold, Adjusts PT to $256 From $225

Packaging of America (PKG) has an average rating of overweight and mean price target of $241.78, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$PKG
Research

Research Alert: CFRA Lifts View On Shares Of Packaging Corporation Of America To Hold From Sell

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:After Q1 earnings release, we raise our target price to $210 from $166, applying a 10.5x EV/EBITDA multiple to our 2026 EBITDA estimate, above PKG's five-year average of 9.73x. We lower our 2026 EPS estimate to $10.32 from $11.04 and maintain our 2027 EPS estimate at $11.72. PKG reported a mixed first quarter for 2026 with adjusted EPS of $2.40, above expectations. However, net sales for the quarter were $2.4B, falling short of the consensus view. The commercial performance in the legacy packaging business helped offset a quarterly loss from the newly acquired Greif operations and significant headwinds from higher freight costs. Demand for corrugated products was robust during the quarter, with the company's legacy business setting a new record for daily shipment volumes, which we view as a positive sign. Looking ahead, PKG anticipates continued solid demand in the second quarter and expects to realize the majority of the benefits from announced price increases in the third quarter.

$PKG
Research

Research Alert: Pkg Reports Mixed Q1 Results, Provides Q2 Guidance

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:PKG reported mixed Q1 2026 results with adjusted EPS of $2.40, up $0.09 Y/Y and beating guidance of $2.20, while net sales rose 11% to $2.4B ($40M below expectations) driven by the Greif acquisition and volume growth in the legacy business. Total corrugated shipments per day surged 21.8% including Greif operations, with legacy business achieving record shipments per day (+2.8% Y/Y) despite one fewer shipping day. We view the operational excellence and the Greif integration progress as positive, with containerboard inventory down 39k tons sequentially and mills running at full capacity with strong production efficiency. Management guided for Q2 adjusted EPS to $2.33, reflecting cautious optimism amid higher maintenance outage expenses at five mills and increased freight costs. We expect continued strong packaging demand to support full mill capacity utilization, while the company focuses on completing Greif integration and inventory optimization across acquired corrugated facilities.

$PKG

Track with the FINWIRES app suite

FolioX
FolioX
Track PKG in your portfolio
WheelAI
WheelAI
Analyze PKG options with the wheel strategy
StockInsider
StockInsider
See market sentiment on PKG