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The latest announcement is out from Packaging ( (PKG) ).
On December 3, 2025, Packaging Corporation of America announced plans to permanently shut down the No. 2 paper machine and kraft pulping facilities at its Wallula, Washington containerboard mill, while continuing operations of the No. 3 paper machine and recycled pulping facilities. This reconfiguration, expected to be completed by the end of the first quarter of 2026, will result in a reduction of 250,000 tons of annual production capacity and a headcount reduction of approximately 200 positions. The company anticipates pre-tax restructuring charges of $205 million, with significant cost savings expected from improved production efficiency and a shift to lower-cost facilities. This strategic move aims to enhance PCA’s competitiveness amid rising costs, ensuring the mill’s future viability and supporting continued growth with customers.
The most recent analyst rating on (PKG) stock is a Buy with a $240.00 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 overall stock score of 76 reflects strong financial performance and positive earnings call outcomes, which are slightly offset by bearish technical indicators. The company’s fair valuation and robust cash flow support its growth prospects, despite challenges in certain market segments.
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 ten mills and 92 corrugated products plants and related facilities.
Average Trading Volume: 739,134
Technical Sentiment Signal: Hold
Current Market Cap: $17.33B
For detailed information about PKG stock, go to TipRanks’ Stock Analysis page.