Packaging Corp. of America

Packaging Corporation of America is a producer of containerboard products and a producer of uncoated freesheet paper. The company's segments include: Packaging, which produces a variety of corrugated packaging products, including shipping containers, multi-color boxes and displays, and honeycomb protective packaging, as well as produces packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products; Paper, which manufactures and sells papers, including both commodity and specialty papers; and Corporate and Other, which includes transportation assets, such as rail cars and trucks, to transport the company's products to and from its manufacturing sites.
  • TickerPKG
  • ISINUS6951561090
  • ExchangeNew York Stock Exchange
  • SectorGeneral Industrials
  • CountryUnited States
PKG Packaging Corp.... (Industrial Goods & Services)

Packaging Corporation of America: Update to credit analysis following ...

Our credit view of this issuer reflects its solid credit metrics, including leverage below 2x, constrained by modest operational flexibility and remaining exposure to declining paper.

PKG Packaging Corp.... (Industrial Goods & Services)

Moody's affirms Packaging Corporation's Baa2 ratings; outlook stable

Rating Action: Moody's affirms Packaging Corporation's Baa2 ratings; outlook stable. Global Credit Research- 30 Jun 2021. Toronto, June 30, 2021-- Moody's Investors Service affirmed Packaging Corporation of America's Baa2 senior unsecured rating.

PKG Packaging Corp.... (Industrial Goods & Services)

Packaging Corporation of America - March 2021 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

PKG Packaging Corp.... (Industrial Goods & Services)

Packaging Corp Of America: 1 director

A director at Packaging Corp Of America sold 9,161 shares at 154.570USD and the significance rating of the trade was 72/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The nam...

PKG Packaging Corp.... (Industrial Goods & Services)

PACKAGING CORP.OF AM. reduced its risk exposure resulting in an upgrad...

PACKAGING CORP.OF AM. (US), a company active in the Containers & Packaging industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 4 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Positive. As of the analysis date May 11, 2021, the closing price was USD 154.85 and its potential was estimated at USD 162.59.

PKG Packaging Corp.... (Industrial Goods & Services)

Packaging Corp Of America: 1 director

A director at Packaging Corp Of America sold 9,161 shares at 154.570USD and the significance rating of the trade was 72/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The nam...

 PRESS RELEASE
PKG Packaging Corp.... (Industrial Goods & Services)

Packaging Corporation of America Reports First Quarter 2018 Results

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Packaging Corporation of America (NYSE: PKG) today reported first quarter 2018 net income of $140 million, or $1.48 per share and $1.55 per share excluding special items. First quarter net sales were $1.7 billion in 2018 and $1.5 billion in 2017.   Diluted earnings per share attributable to Packaging Corporation of America shareholders     ...

 PRESS RELEASE
PKG Packaging Corp.... (Industrial Goods & Services)

Packaging Corporation of America’s Chief Executive Officer to Speak ...

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Packaging Corporation of America’s (NYSE: PKG) Chief Executive Officer, Mark Kowlzan, will speak at Wells Fargo Securities Research, Economics & Strategy 2018 Industrials Conference in New York City on Wednesday, May 9th at 8:00am Eastern time followed by a question and answer session. Mr. Kowlzan and Sr. Vice President and CFO, Robert Mundy, will also host 1 x 1 meetings. PCA is the fourth largest producer of containerboard products and the third largest producer of uncoated freesheet pap...

 PRESS RELEASE
PKG Packaging Corp.... (Industrial Goods & Services)

Packaging Corporation of America Schedules Conference Call to Discuss ...

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Packaging Corporation of America (NYSE: PKG) will hold a conference call on Wednesday, April 25, 2018 at 9:00 a.m. Eastern Time (8:00am Central) to discuss First Quarter 2018 results. The first quarter earnings results will be released after the market closes on Tuesday, April 24, 2018. To access the conference call on April 25th, please dial (855) 730-0288 (U.S. and Canada) or (832) 412-2295 (International) by 8:45 a.m. (Eastern Time). The conference call leader will be Mark Kowlzan. ...

 PRESS RELEASE
PKG Packaging Corp.... (Industrial Goods & Services)

Packaging Corporation of America Declares Quarterly Dividend

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Packaging Corporation of America (NYSE: PKG) announced today that its Board approved a regular quarterly dividend of $0.63 per share on its common stock. The quarterly dividend of $0.63 per share will be paid to shareholders of record as of March 15, 2018 with a payment date of April 13, 2018. Future declaration of quarterly dividends and the establishment of future record and payment dates are subject to the final determination by PCA’s Board of Directors. PCA is the fourth largest produc...

Valens Research
  • Valens Research
PKG Packaging Corp.... (Industrial Goods & Services)

PKG - Embedded Expectations Analysis - 2019 10 07

Packaging Corporation of America (PKG:USA) currently trades near recent averages relative to UAFRS-based (Uniform) Earnings, with a 17.8x Uniform P/E, implying bearish expectations for the firm, and management may be concerned about inventory, capital spending, and their ability to meet guidance. Specifically, management may be concerned about their inventory levels for Q3 2019, and they may lack confidence in their ability to meet their 2019 capital spending targets. Furthermore, they may lack confidence in their ability to locate investment opportunities and allocate excess cash. Additional...

Charles Gross
  • Charles Gross
PKG Packaging Corp.... (Industrial Goods & Services)

Morningstar | Packaging Corp. Delivers a Solid 1Q, Though Containerboa...

After an extended run of increasing prices and margins, conditions are starting to falter for major containerboard manufacturers. Industry box volumes declined during the first quarter of 2019, a significant change from the norm of 2%-3% growth over the past few years. Benchmark prices have also begun to falter, with medium prices falling in the fourth quarter and linerboard prices under pressure in the last few months. We think this is a consequence of both a steady supply of rising industry capacity and higher prices driving package conversion from boxes to envelopes and flexible solutions. ...

Charles Gross
  • Charles Gross
PKG Packaging Corp.... (Industrial Goods & Services)

Morningstar | We Anticipate Increasing Supply Will Weigh on Product Pr...

A decade of consolidation in the corrugated packaging industry has seen Packaging Corp. of America and its peers push more aggressively on prices, resulting in a period of sustained high margins. Packaging Corporation of America played its part in the trend with the 2013 acquisition of Boise, boosting its market share to 10% in the process. We expect increased competitive intensity to diminish profitability for Packaging Corporation of America and its peers in the long run. Thinning margins in corrugated packaging, which accounts for nearly 80% of Packaging Corporation of America's sales, are ...

Charles Gross
  • Charles Gross
PKG Packaging Corp.... (Industrial Goods & Services)

We Anticipate Increasing Supply Will Weigh on Product Pricing and PCA'...

Packaging Corporation wrapped up a strong year, with full-year adjusted EBITDA of $1.5 billion, just beating our estimates. Stronger paper pricing and lower operating costs in its paper segment drove better-than-expected profits in the quarter, while the packaging segment results were consistent with our expectations for the year. Although we've slightly lifted our expectations for 2019 and 2020 to reflect a more gradual profitability decline for the company, we remain bearish on long-term margi...

Charles Gross
  • Charles Gross
PKG Packaging Corp.... (Industrial Goods & Services)

Packaging Corp. Delivers a Solid 1Q, Though Containerboard Price Headw...

After an extended run of increasing prices and margins, conditions are starting to falter for major containerboard manufacturers. Industry box volumes declined during the first quarter of 2019, a significant change from the norm of 2%-3% growth over the past few years. Benchmark prices have also begun to falter, with medium prices falling in the fourth quarter and linerboard prices under pressure in the last few months. We think this is a consequence of both a steady supply of rising industry ca...

PKG Packaging Corp.... (Industrial Goods & Services)

Packaging Corporation of America: Update to credit analysis following ...

Our credit view of this issuer reflects its solid credit metrics, including leverage below 2x, constrained by modest operational flexibility and remaining exposure to declining paper.

PKG Packaging Corp.... (Industrial Goods & Services)

Moody's affirms Packaging Corporation's Baa2 ratings; outlook stable

Rating Action: Moody's affirms Packaging Corporation's Baa2 ratings; outlook stable. Global Credit Research- 30 Jun 2021. Toronto, June 30, 2021-- Moody's Investors Service affirmed Packaging Corporation of America's Baa2 senior unsecured rating.

PKG Packaging Corp.... (Industrial Goods & Services)

Packaging Corporation of America - March 2021 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

PKG Packaging Corp.... (Industrial Goods & Services)

Packaging Corporation of America - December 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

PKG Packaging Corp.... (Industrial Goods & Services)

Packaging Corporation of America - September 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

PKG Packaging Corp.... (Industrial Goods & Services)

PACKAGING CORP.OF AM. reduced its risk exposure resulting in an upgrad...

PACKAGING CORP.OF AM. (US), a company active in the Containers & Packaging industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 4 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Positive. As of the analysis date May 11, 2021, the closing price was USD 154.85 and its potential was estimated at USD 162.59.

PKG Packaging Corp.... (Industrial Goods & Services)

Ford Equity US Rating and Forecast Report

Ford Equity Research covers more than 4,000 stocks using a proprietary quantitative model that evaluates a company’s earnings strength, its relative valuation and recent price movement. Ford’s five recommendation ratings include strong buy, buy, hold, sell, strong sell. For all stocks in our coverage universe, ratings are generated each week and reflect the fundamental and price data as of the last trading day of the week.

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