In last trading session, Ranpak Holdings Corp (NYSE:PACK) saw 0.4 million shares changing hands with its beta currently measuring 2.59. Company’s recent per share price level of $7.06 trading at -$0.28 or -3.81% at ring of the bell on the day assigns it a market valuation of $590.28M. That closing price of PACK’s stock is at a discount of -28.05% from its 52-week high price of $9.04 and is indicating a premium of 39.09% from its 52-week low price of $4.30.
For Ranpak Holdings Corp (PACK), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.67. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.02 in the current quarter.
Ranpak Holdings Corp (NYSE:PACK) trade information
Upright in the red during last session for losing -3.81%, in the last five days PACK remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $7.06 price level, adding 8.79% to its value on the day. Ranpak Holdings Corp’s shares saw a change of 2.62% in year-to-date performance and have moved -6.74% in past 5-day. Ranpak Holdings Corp (NYSE:PACK) showed a performance of 13.50% in past 30-days.
Wall Street analysts have assigned a consensus price target of 11.5 to the stock, which implies a rise of 38.61% to its current value. Analysts have been projecting 11.5 as a low price target for the stock while placing it at a high target of 11.5. It follows that stock’s current price would drop -62.89% in reaching the projected high whereas dropping to the targeted low would mean a loss of -62.89% for stock’s current value.
Ranpak Holdings Corp (PACK) estimates and forecasts
This year revenue growth is estimated to rise 8.38% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 100.41M for the same. And 3 analysts are in estimates of company making revenue of 92.6M in the next quarter. Company posted 90.4M and 85.3M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -22.05% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 52.90% while estimates for its earnings growth in next 5 years are of 36.54%.
Ranpak Holdings Corp (NYSE:PACK)’s Major holders
JS CAPITAL MANAGEMENT LLC is the top institutional holder at PACK for having 30.53 million shares of worth $196.31 million. And as of 2024-06-30, it was holding 36.9256 of the company’s outstanding shares.
The second largest institutional holder is SOROS CAPITAL MANAGEMENT LLC, which was holding about 4.63 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.6001 of outstanding shares, having a total worth of $29.77 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 1.35 shares of worth $9.54 million or 1.62% of the total outstanding shares. The later fund manager was in possession of 1.24 shares on Nov 30, 2024 , making its stake of worth around $8.77 million in the company or a holder of 1.49% of company’s stock.