Graphic Packaging (NYSE:GPK) Sets New 1-Year Low – What’s Next?

Shares of Graphic Packaging Holding Company (NYSE:GPK) hit a new 52-week low on Tuesday . The stock traded as low as $13.93 and last traded at $14.6050, with a volume of 5523539 shares changing hands. The stock had previously closed at $15.58.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on GPK. UBS Group dropped their price objective on Graphic Packaging from $20.00 to $19.00 and set a “neutral” rating for the company in a research note on Thursday, November 6th. Royal Bank Of Canada lowered shares of Graphic Packaging from an “outperform” rating to a “sector perform” rating and cut their price target for the stock from $25.00 to $21.00 in a research note on Thursday, October 9th. Wells Fargo & Company lowered their price objective on shares of Graphic Packaging from $20.00 to $18.00 and set an “equal weight” rating for the company in a research note on Thursday, November 6th. Raymond James Financial downgraded shares of Graphic Packaging from an “outperform” rating to a “market perform” rating in a research note on Friday, October 17th. Finally, Weiss Ratings cut shares of Graphic Packaging from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, December 1st. One equities research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $20.88.

Graphic Packaging Price Performance

The company has a quick ratio of 0.63, a current ratio of 1.54 and a debt-to-equity ratio of 1.67. The stock’s 50-day moving average is $16.88 and its 200-day moving average is $20.06. The firm has a market cap of $4.29 billion, a P/E ratio of 8.59 and a beta of 0.65.

Graphic Packaging (NYSE:GPK) last issued its earnings results on Tuesday, November 4th. The industrial products company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.04. Graphic Packaging had a return on equity of 19.98% and a net margin of 5.94%.The business had revenue of $2.19 billion during the quarter, compared to analysts’ expectations of $2.17 billion. Graphic Packaging has set its FY 2025 guidance at 1.800-2.000 EPS. As a group, equities analysts anticipate that Graphic Packaging Holding Company will post 2.47 EPS for the current fiscal year.

Graphic Packaging Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Monday, December 15th will be issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Monday, December 15th. Graphic Packaging’s payout ratio is currently 25.88%.

Institutional Investors Weigh In On Graphic Packaging

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Brooklyn Investment Group grew its stake in Graphic Packaging by 69.9% during the first quarter. Brooklyn Investment Group now owns 1,065 shares of the industrial products company’s stock worth $28,000 after buying an additional 438 shares in the last quarter. Transce3nd LLC raised its position in Graphic Packaging by 8.4% during the second quarter. Transce3nd LLC now owns 6,443 shares of the industrial products company’s stock valued at $136,000 after purchasing an additional 500 shares in the last quarter. Elevation Point Wealth Partners LLC lifted its stake in Graphic Packaging by 4.3% during the second quarter. Elevation Point Wealth Partners LLC now owns 12,280 shares of the industrial products company’s stock worth $259,000 after purchasing an additional 510 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Graphic Packaging by 3.0% in the 2nd quarter. NewEdge Advisors LLC now owns 18,379 shares of the industrial products company’s stock valued at $387,000 after purchasing an additional 539 shares in the last quarter. Finally, ProShare Advisors LLC increased its stake in shares of Graphic Packaging by 4.6% in the 2nd quarter. ProShare Advisors LLC now owns 13,379 shares of the industrial products company’s stock valued at $282,000 after purchasing an additional 588 shares during the last quarter. 99.67% of the stock is owned by institutional investors.

Graphic Packaging Company Profile

Graphic Packaging Holding Company, together with its subsidiaries, designs, produces, and sells consumer packaging products to brands in food, beverage, foodservice, household, and other consumer products. It operates through three segments: Paperboard Manufacturing, Americas Paperboard Packaging, and Europe Paperboard Packaging.