Graphic Packaging Holding Co (NYSE:GPK) shares, rose in value, with the stock price down by -0.10% to the previous day’s close as strong demand from buyers drove the stock to $28.62.
Actively observing the price movement in the last trading, the stock closed the session at $28.65. The PE ratio was 12.24 over 12-month period. Referring to stock’s 52-week performance, its high was $29.43, and the low was $20.07. On the whole, GPK has fluctuated by 9.87% over the past month.
The company’s Forward Dividend Ratio is 0.40, with its dividend yield at 1.40%. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.63, which is expected to increase to $0.72 for fiscal year $2.71 and then to about $2.9 by fiscal year 2025. Data indicates that the EPS growth is expected to be -6.90% in 2025, while the next year’s EPS growth is forecast to be 7.00%.
Analysts have estimated the company’s revenue for the quarter at $2.38 billion, with a low estimate of $2.29 billion and a high estimate of $2.47 billion. According to the average forecast, sales growth in current quarter could jump down -2.30%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $9.53 billion, representing an increase of 1.10% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that GPK’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.49, with the price of GPK currently trading nearly 2.08% and 7.85% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 61.86, while the 7-day volatility ratio is showing 1.83% which for the 30-day chart, stands at 2.12%. Furthermore, Graphic Packaging Holding Co (GPK)’s beta value is 0.84, and its average true range (ATR) is 0.58.
A comparison of Graphic Packaging Holding Co (GPK) with its peers suggests the former has fared considerably weaker in the market. GPK showed an intraday change of -0.10% in last session, and over the past year, it grew by 14.30%%.
Data on historical trading for Graphic Packaging Holding Co (NYSE:GPK) indicates that the trading volumes over the past 10 days have averaged 2.89 million and over the past 3 months, they’ve averaged 2.93 million. According to company’s latest data on outstanding shares, there are 306.06 million shares outstanding.
Nearly 1.35% of Graphic Packaging Holding Co’s shares belong to company insiders and institutional investors own 102.35% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 13.81 million shares as on Mar 15, 2024, resulting in a short ratio of 4.35. According to the data, the short interest in Graphic Packaging Holding Co (GPK) stood at 4.51% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 12.06 million. The stock has risen by 16.11% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GPK stock heading into the next quarter.
