In yesterday’s Wall Street session, Graphic Packaging Holding Co (NYSE:GPK) shares traded at $27.79, down -2.04% from the previous session.
GPK stock price is now 8.04% away from the 50-day moving average and 17.17% away from the 200-day moving average. The market capitalization of the company currently stands at $8.51B.
, while ‘Raymond James’ rates the stock as ‘Strong Buy’
In other news, Farrell Michael James, EVP, Mills Division sold 28,080 shares of the company’s stock on Mar 12 ’24. The stock was sold for $766,303 at an average price of $27.29. Upon completion of the transaction, the EVP, Mills Division now directly owns 106,926 shares in the company, valued at $2.97 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 27 ’24, EVP & President, International Yost Joseph P sold 70,000 shares of the business’s stock. A total of $1,834,000 was realized by selling the stock at an average price of $26.20. This leaves the insider owning 205,231 shares of the company worth $5.7 million. A total of 1.36% of the company’s stock is owned by insiders.
During the past 12 months, Graphic Packaging Holding Co has had a low of $20.07 and a high of $28.64. As of last week, the company has a debt-to-equity ratio of 2.02, a current ratio of 1.10, and a quick ratio of 0.42. According to the stock market information, the enterprise value for the company is $13.97B, which is based on a 11.88 price-to-earnings ratio, a 0.48 price-to-earnings-growth ratio, and a beta of 0.84. The fifty day moving average price for GPK is $25.78 and a two-hundred day moving average price translates $23.73 for the stock.
The latest earnings results from Graphic Packaging Holding Co (NYSE: GPK) was released for Dec, 2023. According to the Packaging & Containers Company, earnings per share came in at $0.75, beating analysts’ expectations of $0.7 by 0.05. This compares to $0.50 EPS in the same period last year. The net profit margin was 7.67% and return on equity was 29.33% for GPK. The company reported revenue of $2.25 billion for the quarter, compared to $2.39 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.74 percent. For the current quarter, analysts expect GPK to generate $2.38B in revenue.
Graphic Packaging Holding Co(GPK) Company Profile
Gpi France operates as a subsidiary of Graphic Packaging Holding Company.
