The company holds a Beta of 1.0316, which implies a somewhat significant risk relative to the market. Let's try to break down what Packaging's beta means in this case. Packaging Corp returns are very sensitive to returns on the market. As the market goes up or down, Packaging Corp is expected to follow. Even though it is essential to pay attention to
Packaging Corp current trending patterns, it is always good to be careful when utilizing equity existing
price patterns. Our philosophy towards forecasting any stock's
future performance is to check both, its past performance charts as well as the business as a whole, including all available
technical indicators. Packaging Corp exposes twenty-eight different technical indicators, which can help you to evaluate its performance.
Packaging Corp has an expected return of -0.24%. Please be advised to check Packaging Corp
information ratio,
downside variance,
day median price, as well as the
relationship between the
treynor ratio and
kurtosis to decide if
Packaging Corp performance from the past will be repeated at some point in the near future.
What is the right price you would pay to acquire a share of Packaging Corp? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the
future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our
stock advisor page.
What is happening with Packaging Corp of this year
Annual and quarterly reports issued by Packaging Corp of are formal
financial statements that are published yearly and quarterly and sent to Packaging stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the
Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as Packaging Corp often view their annual report as an effective marketing tool to disseminate their perspective on company
future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.
Packaging Corp Gross Profit
Packaging Corp Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Packaging Corp previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Packaging Corp Gross Profit growth over the last 10 years. Please check Packaging Corp's
gross profit and other
fundamental indicators for more details.
A Deeper Perspective On Packaging Corp
Earning per share calculations of the firm is based on official Zacks consensus of 4 analysts regarding Packaging Corp's future annual earnings. Given the historical accuracy of 92.79%, the future earnings per share of the company is estimated to be 8.71 with the lowest and highest values of 8.67 and 8.8, respectively. Please note that this consensus of annual earnings estimates for Packaging Corp is an estimate of EPS before non-recurring items and including employee stock options expenses.
Is Packaging a risky opportunity?
Let's check the volatility. Packaging is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Packaging (NYSE:PKG) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. purchasing a share of a Packaging Corp stock makes you a part-owner of that company.
Packaging Corp Current Consensus
Here is the latest trade recommendation based on an ongoing consensus estimate among financial analysis covering Packaging Corp. The Packaging consensus assessment is calculated by taking the average estimates from all of the analysts covering Packaging Corp
| Strong Buy1 | Hold7 | Strong Sell1 |
| Strong Buy | 1 | 11.11 |
| Buy | 0 | 0.0 |
| Hold | 7 | 77.78 |
| Sell | 0 | 0.0 |
| Strong Sell | 1 | 11.11 |
Packaging Corp to slide back in October
The risk adjusted performance is down to -0.17 as of today. Packaging Corp exhibits very low volatility with skewness of -2.07 and kurtosis of 8.92. However, we advise investors to further study Packaging Corp technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Packaging Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Packaging Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Our Bottom Line On Packaging Corp
Although some other firms in the packaging & containers industry are either recovering or due for a correction, Packaging may not be as strong as the others in terms of longer-term growth potentials. With a somewhat neutral outlook on your 90 days horizon, it may be better to hold off any trading activity and neither purchase new shares of Packaging nor exit your existing holdings in the Stock. It seems the expected volatility has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Packaging Corp.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Packaging Corp of. Please refer to our
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