The stock of Graphic Packaging Holding Company (NYSE:GPK) increased by $0.32 on Tuesday to finish at $22.25, up 1.46 percent. The last five days have seen an average of 2,093,560 shares of common stock traded. The average number of shares traded over the last 20 days was 3,265,075, while the average volume over the last 50 days totaled 3,801,518.
GPK stock dropped -8.06% since last month. On 08/21/23, the company’s shares reached a one-month low of $20.83. The stock touched a high of $27.56 on 06/13/23, after rallying from a low of $19.46 in 52 weeks. The price of GPK stock has declined by 0.00%. Still, the stock price is down -19.27% from the 52-week high.
Insider Transactions
GPK stock investors should be aware that Graphic Packaging Holding Company (GPK) stock had its last reported insider trading activity 113 days ago on May 09. On May 09, EVP and CFO Scherger Stephen R. sold 160,492 shares at $25.81 each. This transaction resulted in the insider making $4,142,299. On Feb 28, Yost Joseph P sold 60,000 shares at a price of US$23.99. After the transaction, the insider now owns 209,250 shares. Director Wentworth Lynn A had earlier sold 24,200 shares on Nov 17 for $22.46 a share. The transaction was completed for $543,532.
Valuation Metrics
Graphic Packaging Holding Company (GPK) has a trailing price-to-earnings (P/E) ratio of 9.75. Beta for the stock is 0.99. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.70, the price-to-book (PB) ratio of 2.80, and the price-to-cash flow ratio of 13.01.
Company paid $0.10 per share in dividends, remained unchanged from $0.10 last year.
Financial Health
For the three months ended June 29, Graphic Packaging Holding Company’s quick ratio was 0.50, while its current ratio was 1.40, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 2.06, and the total debt to equity ratio is 2.25. As far as profitability goes, gross margin for the trailing twelve months is 21.70% percent. Graphic Packaging Holding Company’s EBITDA margin for the year ended June 29 was 16.85%, whereas its operating margin stood at 12.00% for the same period. Based on annual data, it had gross profit of $1.83 billion and revenue of $9.44 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. GPK’s return on assets (ROA) during the last 12 months has been 6.70%. There was a 9.60% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 31.90%.
Earnings Surprise
According to Graphic Packaging Holding Company’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $2.39 billion, while revenues rose by 1.42% to $2.44 billion. It was predicted that Graphic Packaging Holding Company’s quarterly earnings would be $0.66, but it ended up being $0.73, beating the consensus by -9.60%. EBITDA was $432.0 million for the quarter. At the end of Graphic Packaging Holding Company’s most recent quarter ended June 29, its liabilities totaled 8.29 billion, while its total debt was $5.51 billion. Equity owned by shareholders amounts to $307.21 million.
Technical Picture
Here’s a quick look at Graphic Packaging Holding Company’s (GPK) price momentum from a technical perspective. As of 29 August, the RSI 9-day stood at 50.32%, suggesting the stock is Neutral, with a 15.67% historical volatility rate.
The stochastic %K and %D were 48.12% and 38.09% respectively, while the average true range (ATR) was 0.44. Based on the 14-day stochastic reading of 59.41%, the RSI (14) reading is 43.97%. On the 9-day MACD Oscillator, the stock is at 0.22, and the 14-day reading is at -0.06.
Analyst Ratings
Graphic Packaging Holding Company (NYSE: GPK) was downgraded by BofA Securities to a a Neutral rating in its latest research report. The stock was previously rated as a a Buy. Analysts have assigned Graphic Packaging Holding Company (GPK) an Buy rating. GPK is a stock that is recommended for selling by 0 brokerage firms, while 2 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 9 others recommend it as a buy.
What is GPK’s price target for the next 12 months?
The current consensus forecast for the stock is between $26.00 and $35.00, with a median target price of $30.50. In analyzing these forecasts, the average price target given by analysts for Graphic Packaging Holding Company (GPK) is $30.00.
