Packaging Corporation of America(PKG): For the most recent quarter end, Packaging Corporation of America reported Annual Earnings of $1.23. Based on the filings, last years Annual Earnings was, $4.88. For the most recent quarter end, PKG reported a surprise Earnings per Share of 6.03% . The consensus estimate for current quarter is $1.27 and for the current fiscal year, the estimate is $5.79. For the Next fiscal year, the estimate is $6.34 based on the consensus.
Packaging Corporation of America has received $1.27 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 5 Financial Advisor in the Stock Trading Firms. Among 5 Analysts, Bottom line EPS Estimate for the current quarter is $1.26 while the top line estimate is $1.28 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 14.23%. Packaging Corporation of America reported better than expected with a surprise EPS of 6.03% or $0.07 during its most recent quarterly earnings. The Actual EPS was $1.23 compared to the Estimated EPS of $1.16.
Packaging Corporation of America has a Price to Earnings ratio of 19.59 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 5.22. For the Most Recent Fiscal Year, Packaging Corporation of America has a price to cash ratio of 11.52. For the Trailing twelve month period, company showed a Net Profit Margin of 7.76% and Return on Equity of the stock is 27.81%.
Packaging Corporation of America last declared its Dividend on Dec 21, 2016.
Packaging Corp Of America Last issued its quarterly earnings results on Jan 30, 2017. The company reported $1.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $1.16. The company had revenue of $1476.60 million for the quarter, compared to analysts expectations of $1443.73 million. The companys revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.08 EPS.
Company has reported several Insider transactions to the SEC, on Jul 25, 2016, Thomas W.h. Walton (SVP) sold 9,000 shares at 73.64 per share price.On Jul 25, 2016, Kent A. Pflederer (SVP) sold 1,100 shares at 74.30 per share price.On Apr 26, 2016, Charles J. Carter (SVP-Containerboard) sold 6,463 shares at 65.63 per share price.
Packaging Corporation of America (NYSE:PKG) witnessed a decline in the market cap on Wednesday as its shares dropped 1.89% or 1.81 points. After the session commenced at $95.39, the stock reached the higher end at $95.6399 while it hit a low of $93.65. With the volume soaring to 1,246,061 shares, the last trade was called at $94. The company has a 52-week high of $96.87. The company has a market cap of $8,857 million and there are 94,226,326 shares in outstanding. The 52-week low of the share price is $44.92.
Packaging Corp. of America is one of the largest producers of containerboard in the United States and also one of the largest manufacturers of corrugated packaging products. The company produces corrugated containers as well as the containerboard used to manufacture corrugated containers. Corrugated containers are the most commonly used type of paper packaging. Corrugated containers, referred to as cardboard boxes, are made by combining multiple layers of heavyweight paper known as containerboard and fabricating them into finished boxes.