In last trading session, Ranpak Holdings Corp (NYSE:PACK) saw 0.85 million shares changing hands with its beta currently measuring 2.79. Company’s recent per share price level of $4.05 trading at -$0.32 or -7.32% at ring of the bell on the day assigns it a market valuation of $341.10M. That closing price of PACK’s stock is at a discount of -123.21% from its 52-week high price of $9.04 and is indicating a discount of -7.16% from its 52-week low price of $4.34. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.45 million shares which gives us an average trading volume of 688.31K if we extend that period to 3-months.
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.
Ranpak Holdings Corp (NYSE:PACK) trade information
Upright in the red during last session for losing -7.32%, in the last five days PACK remained trading in the red while hitting it’s week-highest on Monday, 03/31/25 when the stock touched $4.05 price level, adding 25.82% to its value on the day. Ranpak Holdings Corp’s shares saw a change of -41.13% in year-to-date performance and have moved -24.86% in past 5-day. Ranpak Holdings Corp (NYSE:PACK) showed a performance of -38.54% in past 30-days. Number of shares sold short was 1.94 million shares which calculate 3.34 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 11.5 to the stock, which implies a rise of 64.78% 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 -183.95% in reaching the projected high whereas dropping to the targeted low would mean a loss of -183.95% for stock’s current value.
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 12.72% during past 5 years.
Ranpak Holdings Corp (NYSE:PACK)’s Major holders
Insiders are in possession of 8.69% of company’s total shares while institution are holding 85.96 percent of that, with stock having share float percentage of 94.14%. Investors also watch the number of corporate investors in a company very closely, which is 85.96% institutions for Ranpak Holdings Corp that are currently holding shares of the company. 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 INDEX FUNDS-Vanguard Total Stock Market Index Fund and Meridian Fund Inc-MERIDIAN CONTRARIAN FUND are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 1.32 shares of worth $5.34 million or 1.58% of the total outstanding shares. The later fund manager was in possession of 1.13 shares on Dec 31, 2024 , making its stake of worth around $4.58 million in the company or a holder of 1.35% of company’s stock.
