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Packaging ( (PKG) ) just unveiled an update.
On July 1, 2025, Packaging Corporation of America announced its agreement to acquire the containerboard business of Greif, Inc. for $1.8 billion in cash. The acquisition, expected to close by the end of PCA’s third quarter, includes two containerboard mills and eight sheet feeder and corrugated plants across the U.S., which generated $1.2 billion in sales over the last 12 months. The deal is anticipated to bring $60 million in pre-tax synergies through operational efficiencies and increased integration, enhancing PCA’s growth strategy and shareholder value. The acquisition will be financed with $1.5 billion in new debt and cash, and is expected to be immediately accretive to earnings, with PCA’s pro forma leverage ratio estimated at 1.7X post-transaction.
The most recent analyst rating on (PKG) stock is a Hold with a $187.00 price target. To see the full list of analyst forecasts on Packaging stock, see the PKG Stock Forecast page.
Spark’s Take on PKG Stock
According to Spark, TipRanks’ AI Analyst, PKG is a Outperform.
The company’s strong earnings performance and stable financial condition are key strengths. The absence of current cash flow data and mixed technical signals are notable risks.
To see Spark’s full report on PKG stock, click here.
More about Packaging
Packaging Corporation of America (PCA) is the third largest producer of containerboard products and a leading producer of uncoated freesheet paper in North America. The company operates eight mills and 86 corrugated products plants and related facilities.
Average Trading Volume: 841,282
Technical Sentiment Signal: Hold
Current Market Cap: $17.04B
Find detailed analytics on PKG stock on TipRanks’ Stock Analysis page.