Packaging Corp Of Stock Price Prediction

PKG Stock  USD 179.89  1.64  0.92%   
The relative strength index (RSI) of Packaging Corp's the stock price is roughly 67 indicating that the stock is rather overbought by investors as of 20th of April 2024. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Packaging, making its price go up or down.

Oversold Vs Overbought

67

 
Oversold
 
Overbought
Packaging Corp stock price prediction is an act of determining the future value of Packaging Corp shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Packaging Corp's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Packaging Corp and does not consider all of the tangible or intangible factors available from Packaging Corp's fundamental data. We analyze noise-free headlines and recent hype associated with Packaging Corp of, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Packaging Corp's stock price prediction:
Quarterly Earnings Growth
(0.09)
EPS Estimate Next Quarter
1.8
EPS Estimate Current Year
8.81
EPS Estimate Next Year
10.21
Wall Street Target Price
184.29
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Packaging Corp based on different types of headlines from major news networks to social media. The Packaging stock price prediction module provides an analysis of price elasticity to changes in media outlook on Packaging Corp over a specific investment horizon. Using Packaging Corp hype-based prediction, you can estimate the value of Packaging Corp of from the perspective of Packaging Corp response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Packaging Corp using Packaging Corp's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Packaging using crowd psychology based on the activity and movement of Packaging Corp's stock price.

Packaging Corp Short Interest

A significant increase or decrease in Packaging Corp's short interest from the previous month could be a good indicator of investor sentiment towards Packaging. Short interest can provide insight into the potential direction of Packaging Corp stock and how bullish or bearish investors feel about the market overall. An investor who is long Packaging Corp may also wish to track short interest. As short interest increases, investors should be becoming more worried about Packaging Corp and may potentially protect profits, hedge Packaging Corp with its derivative instruments, or be ready for some potential downside.
200 Day MA
160.7419
Short Percent
0.0208
Short Ratio
1.96
Shares Short Prior Month
1.8 M
50 Day MA
180.4798

Packaging Corp Hype to Price Pattern

Investor biases related to Packaging Corp's public news can be used to forecast risks associated with an investment in Packaging. The trend in average sentiment can be used to explain how an investor holding Packaging can time the market purely based on public headlines and social activities around Packaging Corp of. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Packaging Corp's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Packaging Corp.

Packaging Corp Implied Volatility

    
  29.81  
Packaging Corp's implied volatility exposes the market's sentiment of Packaging Corp of stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Packaging Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Packaging Corp stock will not fluctuate a lot when Packaging Corp's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Packaging Corp. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Packaging Corp to buy its stock at a price that has no basis in reality. In that case, they are not buying Packaging because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Packaging Corp after-hype prediction price

    
  USD 179.99  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current Packaging contract

Based on the Rule 16, the options market is currently suggesting that Packaging Corp of will have an average daily up or down price movement of about 1.86% per day over the life of the 2024-05-17 option contract. With Packaging Corp trading at USD 179.89, that is roughly USD 3.35 . If you think that the market is fully incorporating Packaging Corp's daily price movement you should consider acquiring Packaging Corp of options at the current volatility level of 29.81%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Check out Packaging Corp Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Packaging Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
170.85171.99197.88
Details
Naive
Forecast
LowNextHigh
172.86174.00175.14
Details
10 Analysts
Consensus
LowTargetHigh
139.99153.83170.75
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.581.681.86
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Packaging Corp. Your research has to be compared to or analyzed against Packaging Corp's peers to derive any actionable benefits. When done correctly, Packaging Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Packaging Corp.

Packaging Corp After-Hype Price Prediction Density Analysis

As far as predicting the price of Packaging Corp at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Packaging Corp or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Packaging Corp, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Packaging Corp Estimiated After-Hype Price Volatility

In the context of predicting Packaging Corp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Packaging Corp's historical news coverage. Packaging Corp's after-hype downside and upside margins for the prediction period are 178.85 and 181.13, respectively. We have considered Packaging Corp's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
179.89
178.85
Downside
179.99
After-hype Price
181.13
Upside
Packaging Corp is very steady at this time. Analysis and calculation of next after-hype price of Packaging Corp is based on 3 months time horizon.

Packaging Corp Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Packaging Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Packaging Corp backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Packaging Corp, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.15 
1.14
  0.10 
  0.07 
11 Events / Month
4 Events / Month
In about 11 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
179.89
179.99
0.06 
175.38  
Notes

Packaging Corp Hype Timeline

On the 20th of April Packaging Corp is traded for 179.89. The entity has historical hype elasticity of 0.1, and average elasticity to hype of competition of 0.07. Packaging is forecasted to increase in value after the next headline, with the price projected to jump to 179.99 or above. The average volatility of media hype impact on the company the price is about 175.38%. The price rise on the next news is projected to be 0.06%, whereas the daily expected return is at this time at 0.15%. The volatility of related hype on Packaging Corp is about 248.91%, with the expected price after the next announcement by competition of 179.96. The company reported the last year's revenue of 7.8 B. Total Income to common stockholders was 759 M with profit before taxes, overhead, and interest of 2.1 B. Considering the 90-day investment horizon the next forecasted press release will be in about 11 days.
Check out Packaging Corp Basic Forecasting Models to cross-verify your projections.

Packaging Corp Related Hype Analysis

Having access to credible news sources related to Packaging Corp's direct competition is more important than ever and may enhance your ability to predict Packaging Corp's future price movements. Getting to know how Packaging Corp's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Packaging Corp may potentially react to the hype associated with one of its peers.

Packaging Corp Additional Predictive Modules

Most predictive techniques to examine Packaging price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Packaging using various technical indicators. When you analyze Packaging charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Packaging Corp Predictive Indicators

The successful prediction of Packaging Corp stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Packaging Corp of, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Packaging Corp based on analysis of Packaging Corp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Packaging Corp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Packaging Corp's related companies.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02960.03560.03090.0354
Price To Sales Ratio1.661.391.861.0

Story Coverage note for Packaging Corp

The number of cover stories for Packaging Corp depends on current market conditions and Packaging Corp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Packaging Corp is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Packaging Corp's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Packaging Corp Short Properties

Packaging Corp's future price predictability will typically decrease when Packaging Corp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Packaging Corp of often depends not only on the future outlook of the potential Packaging Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Packaging Corp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding89.5 M
Cash And Short Term Investments1.1 B
When determining whether Packaging Corp is a strong investment it is important to analyze Packaging Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Packaging Corp's future performance. For an informed investment choice regarding Packaging Stock, refer to the following important reports:
Check out Packaging Corp Basic Forecasting Models to cross-verify your projections.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running Packaging Corp's price analysis, check to measure Packaging Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Packaging Corp is operating at the current time. Most of Packaging Corp's value examination focuses on studying past and present price action to predict the probability of Packaging Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Packaging Corp's price. Additionally, you may evaluate how the addition of Packaging Corp to your portfolios can decrease your overall portfolio volatility.
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Is Packaging Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Packaging Corp. If investors know Packaging will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Packaging Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Dividend Share
5
Earnings Share
8.48
Revenue Per Share
87.569
Quarterly Revenue Growth
(0.02)
The market value of Packaging Corp is measured differently than its book value, which is the value of Packaging that is recorded on the company's balance sheet. Investors also form their own opinion of Packaging Corp's value that differs from its market value or its book value, called intrinsic value, which is Packaging Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Packaging Corp's market value can be influenced by many factors that don't directly affect Packaging Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Packaging Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Packaging Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Packaging Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.