What Can Packaging Corporation of America (PKG) Tell Us About Its Growth?

    Walton Thomas W.H., SVP, subtracted 6,000 shares of Packaging Corporation of America (PKG) from its portfolio at the rate of $100.17 per share valuing $601,041 on Aug 07. The insider left behind 34,118 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Packaging Corporation of America (PKG) was $99.56. Currently, the 1st Resistance Point for this stock is $100.80, with a 2nd Resistance Point sitting at $102.04. Meanwhile, this company’s stock has a 1st Support Level at $98.67 and a 2nd Support Level at $97.78. Packaging Corporation of America (PKG) stock has lost -$0.94, or -0.94%, in the past five days. In the last full month, these shares have gained $0.21, or 0.21%. In the past three months, this stock’s price has risen by $2.38, or 2.45%. This year-to-date, Packaging Corporation of America (PKG) shares have gained $16.10, or 19.29%.

    Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Packaging Corporation of America (PKG) stock, 50% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 100 – 200 Day MACD Oscillator % of long-term indicators suggest that this stock is a “.”

    With 94,663 K shares outstanding, this company currently has a market capitalization of $9,608,295K. Packaging Corporation of America (PKG) generates $7,015 M in annual sales, amounting to annual net income of $738,000 K. This stock has generated a 1-Year Total Return of -10.64%, a 3-Year Total Return of 27.99%, and a 5-year Total Return of 49.80%. This stock’s 5-Year Dividend Growth is 109.79%, with its most recent dividend valued at $0.790 per share on 06/13/19. Its Annual Dividend Yield is 3.11%, and its Annual Dividend Rate is 3.16.

    In the most recently-reported fiscal quarter, which ended in Jun-19, Packaging Corporation of America (PKG) reported earnings of $2.04 per share. Wall Street analysts, on average, were expecting the company to report earnings of $2.03 per share, representing a 0.01 difference and 0.40% surprise. In the previous quarter ending in Mar-19, the reported earnings of $1.98 represented a 0.02 difference from the consensus estimate calling for $1.96 per share, which was a 1.25% surprise.

    For the current fiscal quarter, which is set to end in 09/2019, the average earnings estimate is $1.91 per share. This estimate came from a total of 5 Wall Street Analysts. Of those market experts, the high estimate was $1.91 and the low estimate was $1.90. In the year-ago quarter, Packaging Corporation of America (PKG) generated per-share earnings of $2.23. If the analysts are correct about the current quarter’s earnings, the growth will be -14.35% .

    Turning our focus now to insider trading activity, there have been 15 purchases (61,298 shares in total) and 14 sale (62,202 shares in total) in the last 3 months. In the last 6 months, there have been 31 insider buys amounting to 121,460 shares and 16 insider sales amounting to 63,614 shares. In the past full year, 31 insider purchases were made (involving 121,460 shares) and 17 insider sell-offs equivalent to 63,674 shares.

    Moving onto liquidity, Packaging Corporation of America (PKG) has a Current Ratio of 3.05, a Quick Ratio of 1.90 and a Cash Ratio of 0.52. Looking at this company’s capital structure, its Total Debt to Total Equity is 93.65, its Total Debt to Total Capital is 48.36, and its Total Debt to Total Assets is now 38.09. Looking even further ahead into the future, its Long-Term Debt to Equity is 93.60 and its Long-Term Debt to Total Capital is 48.33.