PKG Stock Recent News
PKG LATEST HEADLINES
Packaging Corp. (PKG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Packaging Corp (PKG) stands to gain from increased e-commerce activities, in turn, aiding packaging demand.
Packaging Corp (PKG) stands to gain from the strong growth in e-commerce activities that continue to support the demand for packaging.
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) will hold a conference call on Thursday, January 25, 2024 at 9:00 a.m. Eastern Time to discuss fourth quarter and full year 2023 results. The conference call leader will be Mark Kowlzan. Fourth quarter and full year earnings results will be released after the market closes on Wednesday, January 24, 2024. To access the conference call, you may pre-register for the conference by navigating to https://dpregister.com/s.
Packaging Corp. (PKG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Packaging Corp. (PKG) reported earnings 30 days ago. What's next for the stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Packaging Corporation of America NYSE: PKG isn't a high-flying name; it doesn't have a robust outlook for growth, but it is a total package for buy-and-hold investors. The company is blue-chip quality, has a healthy balance sheet, established business, a clear outlook for earnings, and returns capital to shareholders.