Headlines about Graphic Packaging (NYSE:GPK) have been trending somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Graphic Packaging earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 45.1107413564779 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news stories that may have effected Accern’s analysis:
- Higher Expenses, Weak Canada Operations Ail Grainger (GWW) (finance.yahoo.com)
- Graphic Packaging Holding Company: Graphic Packaging Announces Release Date for Fourth Quarter and Full Year 2017 Earnings (twst.com)
- International Paper Restructures Portfolio, Risks Remain (zacks.com)
- $1.13 Billion in Sales Expected for Graphic Packaging Holding (GPK) This Quarter (americanbankingnews.com)
Shares of Graphic Packaging (NYSE:GPK) traded up $0.11 on Wednesday, hitting $16.39. The stock had a trading volume of 1,854,471 shares, compared to its average volume of 3,027,209. The company has a quick ratio of 0.74, a current ratio of 1.50 and a debt-to-equity ratio of 1.96. The stock has a market cap of $5,141.25, a PE ratio of 31.52, a PEG ratio of 3.79 and a beta of 1.19. Graphic Packaging has a fifty-two week low of $12.00 and a fifty-two week high of $16.74.
Graphic Packaging (NYSE:GPK) last announced its quarterly earnings data on Tuesday, October 24th. The industrial products company reported $0.18 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.18. The business had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.11 billion. Graphic Packaging had a return on equity of 17.27% and a net margin of 3.70%. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.20 EPS. research analysts forecast that Graphic Packaging will post 0.65 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, January 5th. Stockholders of record on Friday, December 15th were paid a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 1.83%. The ex-dividend date was Thursday, December 14th. Graphic Packaging’s payout ratio is presently 57.69%.
A number of brokerages recently commented on GPK. Zacks Investment Research upgraded Graphic Packaging from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. KeyCorp restated a “hold” rating on shares of Graphic Packaging in a report on Wednesday, October 4th. Royal Bank of Canada restated a “buy” rating and set a $15.00 target price on shares of Graphic Packaging in a report on Tuesday, October 10th. Robert W. Baird raised their target price on Graphic Packaging from $16.00 to $18.00 and gave the company an “outperform” rating in a report on Wednesday, October 25th. Finally, Stephens started coverage on Graphic Packaging in a report on Tuesday, October 24th. They set an “overweight” rating and a $17.00 target price for the company. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $16.48.
In other news, VP Deborah R. Frank sold 38,266 shares of Graphic Packaging stock in a transaction dated Friday, October 27th. The stock was sold at an average price of $15.51, for a total value of $593,505.66. Following the completion of the transaction, the vice president now owns 77,139 shares in the company, valued at approximately $1,196,425.89. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.02% of the company’s stock.
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Graphic Packaging Company Profile
Graphic Packaging Holding Company is a provider of paper-based packaging solutions for a range of products to food, beverage and other consumer product companies. The Company’s segments include Paperboard Mills, Americas Paperboard Packaging, Europe Paperboard Packaging, and Corporate and Other. The Paperboard Mills segment includes the Company’s North American paperboard mills, which produce primarily coated unbleached kraft and coated recycled board.
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