As of Friday close, Graphic Packaging Holding Company’s (NYSE:GPK) stock was up $0.21, moving up 0.92 percent to $23.13. The average number of shares traded per day over the past five days has been 5,865,900 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.19 fall in that time frame. In the last twenty days, the average volume was 4,039,615, while in the previous 50 days, it was 4,990,284.
Since last month, GPK stock retreated -2.03%. Shares of the company fell to $22.83 on 08/03/23, the lowest level in the past month. A 52-week high of $27.56 was reached on 06/13/23 after having rallying from a 52-week low of $19.46. Since the beginning of this year, GPK’s stock price has risen by 3.96% or $0.88, and marked a new high 25 times. However, the stock has declined by -16.07% since its 52-week high.
GPK stock investors should be aware that Graphic Packaging Holding Company (GPK) stock had its last reported insider trading activity 88 days ago on May 09. Scherger Stephen R., the EVP and CFO of the company, disposed of 160,492 shares for $25.81 on May 09. It resulted in a $4,142,299 divestment by the insider. Yost Joseph P sold 60,000 shares at an average price of $23.99 on Feb 28. The insider now owns 209,250 shares following the transaction. On Nov 17, Director Wentworth Lynn A sold 24,200 shares at $22.46 apiece. The transaction was valued at $543,532.
Valuation Metrics
Right now, Graphic Packaging Holding Company (GPK) has a P/E ratio of about 11.51. The stock’s beta is 0.98. Besides these, the trailing price-to-sales (P/S) ratio of 0.73, the price-to-book (PB) ratio of 3.09, and the price-to-cash flow ratio of 13.77 may also be considered.
The latest dividend of $0.10 per share was paid out, remained unchanged from last year’s $0.10.
Financial Health
In the three months ended June 29, Graphic Packaging Holding Company’s quick ratio stood at 0.60, while its current ratio was 1.60, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 2.37, and the total debt-to-equity ratio was 2.39. On the profitability front, the trailing twelve-month gross margin is 20.80% percent. In the year ended June 29, EBITDA margin amounted to 16.85%, whereas operating margins totaled 10.80%. Based on annual data, GPK earned $1.83 billion in gross profit and brought in $9.44 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 9.60%. Return on equity (ROE) for the past 12 months was 30.00%.
In Graphic Packaging Holding Company’s quarter-end financial report for June 29, it reported total debt of $5.05 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. GPK’s revenue rose 1.42% to $2.44 billion during the quarter, while net income inched up to $2.39 billion. While analysts expected Graphic Packaging Holding Company to report $0.73 quarterly earnings, the actual figure was $0.66 per share, beating the consensus estimate by -9.60%. During the quarter, the company generated $432.0 million in EBITDA. The liabilities of Graphic Packaging Holding Company were 8.29 billion at the end of its most recent quarter ended June 29, and its total debt was $5.51 billion. The value of shareholders’ equity is $307.21 million.
Technical Picture
This quick technical analysis looks at Graphic Packaging Holding Company’s (GPK) price momentum. With a historical volatility rate of 26.86%, the RSI 9-day stood at 36.11% on 04 August.
With respect to its five-day moving average, the current Graphic Packaging Holding Company price is down by -4.89% percent or -$1.19. At present, GPK shares trade -3.30% below its 20-day simple moving average and -0.73% percent below its 100-day simple moving average. However, the stock is currently trading approximately -8.97% below its SMA50 and +10.51% above its SMA200.
Stochastic coefficient K was 14.54% and Stochastic coefficient D was 21.36%, while ATR was 0.61. Given the Stochastic reading of 16.39% for the 14-day period, the RSI (14) reading has been calculated as 38.72%. As of today, the MACD Oscillator reading stands at -0.59, while the 14-day reading stands at -0.68.
Analyst Ratings
Graphic Packaging Holding Company downgraded its rating on Graphic Packaging Holding Company (NYSE: GPK) to a Neutral in a note to investors on July 10, 2023. The analysts firm previously had a Buy rating on the stock.Graphic Packaging Holding Company (GPK) has been rated Buy by analysts. According to 0 brokerage firms, GPK is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Graphic Packaging Holding Company stock as buy, with 9 recommending it as overweight.
With a median target price of $30.50, the current consensus forecast for the stock is $26.00 – $35.00. Based on these forecasts, analysts predict Graphic Packaging Holding Company (GPK) will achieve an average price target of $30.00.
