Media coverage about Packaging Corp Of America (NYSE:PKG) has trended somewhat positive on Wednesday, Accern reports. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Packaging Corp Of America earned a coverage optimism score of 0.25 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 46.6074512433876 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the news articles that may have impacted Accern’s scoring:

Several research firms have recently weighed in on PKG. DA Davidson lifted their target price on shares of Packaging Corp Of America to $135.00 and gave the stock a “positive” rating in a research report on Thursday, February 1st. Barclays lifted their target price on shares of Packaging Corp Of America from $110.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Monday. Wells Fargo & Co lifted their target price on shares of Packaging Corp Of America from $130.00 to $150.00 and gave the stock a “market perform” rating in a research report on Thursday, February 1st. Bank of America lifted their target price on shares of Packaging Corp Of America from $134.00 to $138.00 and gave the stock a “buy” rating in a research report on Thursday, February 1st. Finally, KeyCorp reissued a “hold” rating on shares of Packaging Corp Of America in a research report on Sunday, October 29th. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $128.00.

Shares of Packaging Corp Of America (NYSE:PKG) traded down $0.04 on Wednesday, reaching $115.99. 707,929 shares of the company were exchanged, compared to its average volume of 889,524. Packaging Corp Of America has a 52-week low of $88.47 and a 52-week high of $131.13. The stock has a market capitalization of $10,940.00, a P/E ratio of 16.38, a PEG ratio of 1.85 and a beta of 1.84. The company has a debt-to-equity ratio of 1.30, a current ratio of 2.45 and a quick ratio of 1.49.

Packaging Corp Of America (NYSE:PKG) last announced its quarterly earnings data on Tuesday, January 30th. The industrial products company reported $1.56 EPS for the quarter, beating the Zacks’ consensus estimate of $1.51 by $0.05. Packaging Corp Of America had a net margin of 10.37% and a return on equity of 30.48%. The firm had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same period in the previous year, the firm posted $1.23 earnings per share. The firm’s revenue was up 14.1% on a year-over-year basis. equities analysts predict that Packaging Corp Of America will post 7.56 earnings per share for the current year.

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Packaging Corp Of America Company Profile

Packaging Corporation of America (PCA) is a producer of containerboard products and uncoated freesheet. The Company operates through three segments: Packaging, Paper, and Corporate and Other. The Packaging segment produces a range of corrugated packaging products. The Paper segment manufactures and sells a range of papers, including communication-based papers and pressure sensitive papers.

Insider Buying and Selling by Quarter for Packaging Corp Of America (NYSE:PKG)

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