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Ranpak Holdings Corp. Class A (PACK)
NYSE:PACK
Holding PACK?
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PACK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.63 - $9.04
Previous Close$6.28
Volume246.52K
Average Volume (3M)382.47K
Market Cap
$504.30M
Enterprise Value$861.70M
Total Cash (Recent Filing)$65.10M
Total Debt (Recent Filing)$422.50M
Price to Earnings (P/E)―
Beta1.73
Next Earnings
Nov 08, 2024EPS Estimate
-$0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.18
Shares Outstanding83,223,363
10 Day Avg. Volume309,631
30 Day Avg. Volume382,467
Standard Deviation0.23
R-Squared0.28
Alpha0.00067
Financial Highlights & Ratios
Price to Book (P/B)0.92
Price to Sales (P/S)1.53
Price to Cash Flow (P/CF)6.70
P/FCF Ratio13.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.50
Enterprise Value/Gross Profit6.99
Enterprise Value/Ebitda74.28
Forecast
1Y Price Target
$10.00Price Target Upside56.74% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Ranpak Holdings News
Bulls Say, Bears Say
Bulls Say
E-commerce GrowthRanpak Holdings Corp. is experiencing encouraging progress in e-commerce, benefiting from an inflection in volumes.
Market ExpansionSignificant growth in North America with core volumes up by 20%, driven by accelerated adoption of paper packaging across e-commerce platforms like Amazon.
SustainabilityAmazon's full switch from plastic to paper packaging in North America positions Ranpak to benefit significantly, potentially expediting a broader industry shift to sustainable packaging.
Bears Say
Financial PerformanceBalance sheet leverage remains elevated, with the company also exposed to industrial end-markets that are more susceptible to the macroeconomic backdrop.
Investment RatingLowered investment rating to Neutral in context of a preference towards defensive stocks across the coverage.
Market EnvironmentThe base operating environment remains sluggish, weighed upon by weaker industrial and consumer end-markets, along with a sequential increase in inflation.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
PACK FAQ
What was Ranpak Holdings Corp. Class A’s price range in the past 12 months?
Ranpak Holdings Corp. Class A lowest stock price was $2.63 and its highest was $9.04 in the past 12 months.
What is Ranpak Holdings Corp. Class A’s market cap?
Currently, no data Available
When is Ranpak Holdings Corp. Class A’s upcoming earnings report date?
Ranpak Holdings Corp. Class A’s upcoming earnings report date is Nov 08, 2024 which is in 49 days.
How were Ranpak Holdings Corp. Class A’s earnings last quarter?
Ranpak Holdings Corp. Class A released its earnings results on Aug 01, 2024. The company reported $0.076 earnings per share for the quarter, beating the consensus estimate of -$0.057 by $0.133.
Is Ranpak Holdings Corp. Class A overvalued?
According to Wall Street analysts Ranpak Holdings Corp. Class A’s price is currently Undervalued.
Does Ranpak Holdings Corp. Class A pay dividends?
Ranpak Holdings Corp. Class A does not currently pay dividends.
What is Ranpak Holdings Corp. Class A’s EPS estimate?
Ranpak Holdings Corp. Class A’s EPS estimate is -$0.05.
How many shares outstanding does Ranpak Holdings Corp. Class A have?
Ranpak Holdings Corp. Class A has 80,302,260 shares outstanding.
What happened to Ranpak Holdings Corp. Class A’s price movement after its last earnings report?
Ranpak Holdings Corp. Class A reported an EPS of $0.076 in its last earnings report, beating expectations of -$0.057. Following the earnings report the stock price went up 17.59%.
Which hedge fund is a major shareholder of Ranpak Holdings Corp. Class A?
Among the largest hedge funds holding Ranpak Holdings Corp. Class A’s share is Driehaus Capital Management LLC. It holds Ranpak Holdings Corp. Class A’s shares valued at 5M.
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Ranpak Holdings Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$10.00 (56.74% Upside)
$10.00 (56.74% Upside)
Hedge Fund Trend
Increased
By 36.6K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
10.56%
12-Months-Change
Fundamentals
Return on Equity
-2.63%
Trailing 12-Months
Asset Growth
-1.63%
Trailing 12-Months
Company Description
Ranpak Holdings Corp. Class A
Ranpak Holdings is a leading provider of environmentally friendly (paper-based) and high-quality protective packaging solutions for e-commerce and industrial supply chains.
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PACK Company Deck
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PACK Earnings Call
Q2 2024
0:00 / 0:00
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PACK Stock 12 Month Forecast
Average Price Target
$10.00
▲(56.74% Upside)
Technical Analysis
Best Analysts Covering PACK
1 Year
1 Year Success Rate
16/29 ratings generated profit
1 Year Average Return
+19.85%
assigned a buy rating 2 months ago
Copying Greg Palm's trades and holding each position for 1 Year would result in 55.17% of your transactions generating a profit, with an average return of +19.85% per trade.
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