Analysts forecast that Graphic Packaging Holding (NYSE:GPK) will announce sales of $1.55 billion for the current fiscal quarter, according to Zacks Investment Research. Five analysts have made estimates for Graphic Packaging’s earnings, with the highest sales estimate coming in at $1.57 billion and the lowest estimate coming in at $1.54 billion. Graphic Packaging posted sales of $1.51 billion during the same quarter last year, which would indicate a positive year-over-year growth rate of 2.6%. The firm is expected to issue its next earnings report on Tuesday, July 23rd.

On average, analysts expect that Graphic Packaging will report full year sales of $6.17 billion for the current financial year, with estimates ranging from $6.13 billion to $6.19 billion. For the next financial year, analysts expect that the firm will report sales of $6.27 billion, with estimates ranging from $6.17 billion to $6.34 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that follow Graphic Packaging.

Graphic Packaging (NYSE:GPK) last issued its earnings results on Tuesday, April 23rd. The industrial products company reported $0.21 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.03. Graphic Packaging had a return on equity of 12.05% and a net margin of 4.12%. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter in the prior year, the business earned $0.19 earnings per share. The company’s revenue was up 1.9% compared to the same quarter last year.

Several equities research analysts have recently weighed in on the company. KeyCorp reaffirmed a “hold” rating on shares of Graphic Packaging in a research report on Wednesday, April 24th. ValuEngine raised Graphic Packaging from a “sell” rating to a “hold” rating in a research report on Wednesday, April 24th. TheStreet raised Graphic Packaging from a “c+” rating to a “b-” rating in a research report on Monday, April 22nd. UBS Group upped their target price on Graphic Packaging from $12.50 to $13.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 24th. Finally, Zacks Investment Research downgraded Graphic Packaging from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 19th. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Graphic Packaging presently has an average rating of “Buy” and an average target price of $15.79.

Shares of NYSE GPK opened at $13.00 on Monday. Graphic Packaging has a 1-year low of $10.04 and a 1-year high of $15.22. The company has a quick ratio of 0.75, a current ratio of 1.80 and a debt-to-equity ratio of 1.56. The stock has a market capitalization of $3.81 billion, a PE ratio of 16.05, a P/E/G ratio of 1.17 and a beta of 1.37.

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 5th. Investors of record on Saturday, June 15th will be paid a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 2.31%. The ex-dividend date is Thursday, June 13th. Graphic Packaging’s dividend payout ratio (DPR) is 37.04%.

Large investors have recently added to or reduced their stakes in the stock. Resources Investment Advisors Inc. acquired a new position in shares of Graphic Packaging during the fourth quarter valued at about $28,000. Private Capital Group LLC raised its position in Graphic Packaging by 210.4% in the first quarter. Private Capital Group LLC now owns 2,533 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 1,717 shares during the period. Rockefeller Capital Management L.P. raised its position in Graphic Packaging by 997.5% in the first quarter. Rockefeller Capital Management L.P. now owns 2,612 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 2,374 shares during the period. Quantamental Technologies LLC bought a new stake in Graphic Packaging in the fourth quarter worth about $52,000. Finally, Pearl River Capital LLC bought a new stake in Graphic Packaging in the fourth quarter worth about $54,000.

About Graphic Packaging

Graphic Packaging Holding Company, together with its subsidiaries, provides paper-based packaging solutions to food, beverage, foodservice, and other consumer products companies. It operates through three segments: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging. The company offers coated unbleached kraft (CUK), coated recycled paperboard (CRB), and solid bleached sulfate paperboard (SBS) to various paperboard packaging converters and brokers; and paperboard packaging folding cartons and cups, lids, and food containers primarily to consumer packaged goods, quick-service restaurants, and foodservice companies.

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Earnings History and Estimates for Graphic Packaging (NYSE:GPK)

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