PKG's Q4 results reflect the impacts of higher volume and price/mix in both segments.
PKG shares gained 40% in the past year but fell 5% after Q4 results missed estimates, adding to my concerns about valuation and future performance. Despite solid earnings growth, PKG's valuation at 26x earnings is high, especially compared to peers and its historical average, suggesting limited upside. Rising operating costs and energy prices have offset benefits from price increases, impacting profitability and leading to cautious Q1 guidance.
Packaging Corp. (PKG) came out with quarterly earnings of $2.47 per share, missing the Zacks Consensus Estimate of $2.51 per share. This compares to earnings of $2.13 per share a year ago.
Packaging Corp. (PKG) possesses solid growth attributes, which could help it handily outperform the market.
PKG's 4Q24 results are likely to reflect the impacts of lower prices in both segments, offset by stable packaging demand.
Evaluate the expected performance of Packaging Corp. (PKG) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Does Packaging Corp. (PKG) have what it takes to be a top stock pick for momentum investors? Let's find out.
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Packaging Corp. (PKG) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Packaging Corp. (PKG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Here is how Packaging Corp. (PKG) and Quad/Graphics (QUAD) have performed compared to their sector so far this year.
Packaging Corp. (PKG) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.