Graphic Packaging (GPK) Raised to "Hold" at Zacks Investment Research

Rodiano Bonacci
Декабря 7, 2017

According to Zacks, "GRAPHIC PACKAGING CORPORATION, headquartered in Marietta, Georgia, is a leading provider of paperboard packaging solutions for a wide variety of products to food, beverage and other consumer products companies". Graphic Packaging Hldg Co now has $4.77B valuation. Recently, investment analysts covering the stock have updated the mean rating to 1.83. Finally, Royal Bank Of Canada restated a "buy" rating and set a $15.00 target price on shares of Graphic Packaging in a report on Tuesday, October 10th.

The average 1-year price target for Marsh & McLennan Companies, Inc. KeyCorp reiterated a "hold" rating on shares of Graphic Packaging in a report on Wednesday, October 4th. Zacks Investment Research upgraded shares of Graphic Packaging Holding Company from a "sell" rating to a "hold" rating in a research report on Tuesday, April 11th. At present, 0 analysts call it Sell, while 12 think it is Hold. The stock presently has an average rating of "Buy" and a consensus price target of $16.26. Graphic Packaging Holding Company (NYSE:GPK) has risen 2.85% since December 6, 2016 and is uptrending.

Graphic Packaging Holding Company (NYSE:GPK) has a market cap of $4.76 billion and over the last 12 months, GPK has risen by 21.73%. Graphic Packaging Holding has a 52-week low of $12.00 and a 52-week high of $15.85.

Currently, the stock carries a price to earnings ratio of 29.75, a price to book ratio of 4.2, and a price to sales ratio of 1.09.

Graphic Packaging Holding (NYSE:GPK) last posted its quarterly earnings results on Tuesday, October 24th. The company's quarterly EPS surprised Wall Street by as much as 0% to the downside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. Graphic Packaging Holding had a return on equity of 17.27% and a net margin of 3.70%. Revenue during the quarter was $1.14 billion, representing 3% growth from $1.1 billion in year-ago quarter. During the same period past year, the business earned $0.20 EPS. The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 5th. Shareholders of record on Friday, December 15th will be issued a dividend of $0.075 per share. Its down 0.14, from 1.12 in 2017Q1. The ex-dividend date of this dividend is Thursday, December 14th. Graphic Packaging's dividend payout ratio is now 57.69%.

In other Graphic Packaging news, VP Deborah R. Frank sold 38,266 shares of the firm's stock in a transaction on Friday, October 27th. This metric reflects the average amount a stock's price has differed from the mean over a period of time. The fund owned 176,731 shares of the industrial products company's stock after selling 11,220 shares during the period. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Following the completion of the sale, the vice president now owns 77,139 shares in the company, valued at $1,196,425.89. Several brokerages have commented on GPK. Bronfman E.L. Rothschild L.P. raised its position in Graphic Packaging Holding by 0.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,818 shares of the industrial products company's stock valued at $163,000 after buying an additional 1,123 shares in the last quarter. Moreover, Mcdonald Capital Investors Inc Ca has 6.1% invested in the company for 642,705 shares. Envestnet Asset Management Inc. now owns 10,729 shares of the industrial products company's stock valued at $133,000 after buying an additional 1,348 shares during the last quarter.

Analysts await Graphic Packaging Holding Company (NYSE:GPK) to report earnings on February, 6. Janus Henderson Group PLC now owns 9,022,954 shares of the industrial products company's stock worth $125,871,000 after buying an additional 548,688 shares in the last quarter. Van ECK Associates Corp now owns 7,630 shares of the industrial products company's stock valued at $105,000 after buying an additional 117 shares in the last quarter. Bronfman E.L. Rothschild L.P. now owns 8,100 shares of the industrial products company's stock valued at $112,000 after purchasing an additional 61 shares during the period. Finally, Meeder Asset Management Inc. boosted its holdings in shares of Graphic Packaging by 463.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Graphic Packaging by 10.5% in the 2nd quarter. If you are accessing this piece on another publication, it was illegally copied and republished in violation of US and worldwide trademark & copyright law. Zacks Investment Research's sales averages are an average based on a survey of sell-side analysts that that provide coverage for Graphic Packaging Holding. The Company's segments include Paperboard Mills, Americas Paperboard Packaging, Europe Paperboard Packaging, and Corporate and Other.

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