Graphic Packaging Holding Company
- Author: Zachary Reyes Feb 11, 2017,
Feb 11, 2017, 3:41
Jefferies Downgrades Graphic Packaging Holding Company (NYSE:GPK)'s stock to Hold with the price target of $14. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.00 on scale of 1-5. Buy rating has been given by 4 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and 4 analysts given HOLD rating. Goldman Sachs Group, Inc. The company now has a consensus rating of "Buy" and a consensus price target of $15.67. The rating firm issued a Hold rating to this company in a research note released on Jan 20, 2017. They noted that the move was a valuation call. Graphic Packaging Holding Company P/E (price to earnings) ratio is 17.05 and Forward P/E ratio of 16.72. Three analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company.
Sell-side analyst recommendations point to a short term price target of $21.5 on the shares of Under Armour, Inc.
Shares of Graphic Packaging Holding Company (NYSE:GPK) traded up 0.874% on Thursday, hitting $13.275. The overall volume in the last trading session was 8.92 million shares. The company has a 50-day moving average of $12.72 and a 200 day moving average of $13.28. The company has a 1 Year high price target of $15.17.
Graphic Packaging Holding Company (GPK) have shown a high EPS growth of 86.50% in the last 5 years and has earnings decline of 156.40% yoy. Its sales stood at 0.30% a year on average in the period of last five years. The firm earned $1.06 billion during the quarter, compared to analysts' expectations of $1.05 billion. Mr. David W. Scheible is one of the biggest insider owners in Graphic Packaging Holding Company (NYSE:GPK), according to U.S. Securities and Exchange Commission (SEC) filings. The Western Union Company (NYSE:WU), at its latest closing price of $20.38, it has a price-to-book ratio of 6.96, compared to an industry average at 2.82. During the same quarter a year ago, the business earned $0.19 earnings per share.
Many analysts have provided their estimated foresights on Graphic Packaging Holding Company Earnings, with 12 analysts believing the company would generate an Average Estimate of $0.15.
A number of equities research analysts have issued reports on the stock. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of United States and global trademark and copyright laws. The legal version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/02/09/graphic-packaging-holding-company-gpk-upgraded-to-hold-by-zacks-investment-research.html.
Several hedge funds and other institutional investors have recently modified their holdings of GPK.
Graphic Packaging Holding Company closed its last trading session at $12.7 with the gain of 3.62%. The company has experienced volume of 12,202,443 shares while on average the company has a capacity of trading 4.12M share. The Monthly and Yearly performances are 2.25 percent and 11.84 percent respectively. Navellier & Associates Inc now owns 18,939 shares of the company's stock worth $265,000 after buying an additional 1,073 shares during the period. Public Employees Retirement Association of Colorado boosted its stake in Graphic Packaging Holding Company by 0.4% in the third quarter. Polianta Ltd acquired a new position in shares of Graphic Packaging Holding Company during the fourth quarter valued at approximately $1,049,000. The company's beta value is at 1.20. The High Revenue estimate is predicted as 1.09 Billion, while the Low Revenue Estimate prediction stands at 1.01 Billion.
Graphic Packaging Holding Company is a provider of paper-based packaging solutions for a range of products to food, beverage and other consumer product companies.