Graphic Packaging Holding Company (NYSE:GPK) Receives $22.63 Average PT from Analysts

Shares of Graphic Packaging Holding Company (NYSE:GPK) have been assigned an average rating of “Hold” from the eleven brokerages that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $22.6250.

GPK has been the subject of a number of research analyst reports. Royal Bank Of Canada downgraded Graphic Packaging from an “outperform” rating to a “sector perform” rating and cut their target price for the stock from $25.00 to $21.00 in a research report on Thursday, October 9th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Graphic Packaging in a report on Wednesday, October 8th. UBS Group lowered their price target on Graphic Packaging from $20.00 to $19.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. Zacks Research downgraded shares of Graphic Packaging from a “hold” rating to a “strong sell” rating in a research report on Monday, November 3rd. Finally, Raymond James Financial lowered Graphic Packaging from an “outperform” rating to a “market perform” rating in a research report on Friday, October 17th.

Insider Buying and Selling

In other Graphic Packaging news, EVP Joseph P. Yost sold 30,000 shares of the firm’s stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $22.72, for a total transaction of $681,600.00. Following the transaction, the executive vice president directly owned 255,203 shares in the company, valued at $5,798,212.16. This trade represents a 10.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.41% of the stock is owned by insiders.

Hedge Funds Weigh In On Graphic Packaging

A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Graphic Packaging by 3.1% in the first quarter. Vanguard Group Inc. now owns 30,655,111 shares of the industrial products company’s stock valued at $795,807,000 after purchasing an additional 929,764 shares during the last quarter. American Century Companies Inc. raised its position in Graphic Packaging by 19.1% in the second quarter. American Century Companies Inc. now owns 22,022,347 shares of the industrial products company’s stock worth $464,011,000 after purchasing an additional 3,533,846 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Graphic Packaging by 8.5% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 19,138,977 shares of the industrial products company’s stock worth $374,550,000 after buying an additional 1,502,681 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in Graphic Packaging by 11.8% during the second quarter. Massachusetts Financial Services Co. MA now owns 11,570,040 shares of the industrial products company’s stock worth $243,781,000 after acquiring an additional 1,218,848 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Graphic Packaging by 32.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,501,251 shares of the industrial products company’s stock worth $225,080,000 after purchasing an additional 2,828,094 shares in the last quarter. Institutional investors own 99.67% of the company’s stock.

Graphic Packaging Stock Performance

GPK opened at $15.57 on Friday. The company has a current ratio of 1.43, a quick ratio of 0.56 and a debt-to-equity ratio of 1.68. Graphic Packaging has a twelve month low of $14.90 and a twelve month high of $30.49. The business’s 50 day moving average is $17.66 and its 200-day moving average is $20.62. The stock has a market cap of $4.59 billion, a PE ratio of 8.79 and a beta of 0.72.

Graphic Packaging (NYSE:GPK) last released its quarterly earnings results on Tuesday, November 4th. The industrial products company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.04. The company had revenue of $2.19 billion during the quarter, compared to analysts’ expectations of $2.17 billion. Graphic Packaging had a return on equity of 21.13% and a net margin of 6.18%. Graphic Packaging has set its FY 2025 guidance at 1.800-2.000 EPS. On average, analysts predict that Graphic Packaging will post 2.47 earnings per share for the current year.

Graphic Packaging Company Profile

Graphic Packaging Holding Company, together with its subsidiaries, designs, produces, and sells consumer packaging products to brands in food, beverage, foodservice, household, and other consumer products. It operates through three segments: Paperboard Manufacturing, Americas Paperboard Packaging, and Europe Paperboard Packaging.