Graphic Packaging Holding Co (NYSE: GPK) is 10.63% higher on its value in year-to-date trading and has touched a low of $20.07 and a high of $28.64 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GPK stock was last observed hovering at around $27.21 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $27.27, the stock is 2.09% and 5.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.72 million and changing 0.22% at the moment leaves the stock 14.67% off its SMA200. GPK registered 15.50% gain for a year compared to 6-month gain of 17.04%. The firm has a 50-day simple moving average (SMA 50) of $1.46 and a 200-day simple moving average (SMA200) of $7.71.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 10.23% loss in the last 1 month and extending the period to 3 months gives it a 10.76%, and is -3.88% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.48% over the week and 2.30% over the month.
Graphic Packaging Holding Co (GPK) has around 23500 employees, a market worth around $8.35B and $9.43B in sales. Current P/E ratio is 11.66 and Fwd P/E is 9.45. Profit margin for the company is 7.67%. Distance from 52-week low is 35.87% and -4.78% from its 52-week high. The company has generated returns on investments over the last 12 months (9.54%).
Graphic Packaging Holding Co quarterly earnings per share for the current quarter are estimated at $0.63 with sales reaching $2.38B over the same period.The EPS is expected to shrink by -7.40% this year, but quarterly earnings will post 1.20% year-over-year. Quarterly sales are estimated to shrink -2.20% in year-over-year returns.
618 institutions hold shares in Graphic Packaging Holding Co (GPK), with institutional investors hold 105.13% of the company’s shares. The shares outstanding are 306.06M, and float is at 301.92M with Short Float at 3.88%. Institutions hold 103.77% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 31.94 million shares valued at $767.56 million. The investor’s holdings represent 10.40% of the GPK Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 30.42 million shares valued at $730.98 million to account for 9.90% of the shares outstanding. The other top investors are Wellington Management Group, LLP which holds 12.05 million shares representing 3.92% and valued at over $289.63 million, while Fuller & Thaler Asset Management Inc. holds 3.60% of the shares totaling 11.07 million with a market value of $265.99 million.
Graphic Packaging Holding Co (GPK) Insider Activity
The most recent transaction is an insider sale by Farrell Michael James, the company’s EVP, Mills Division. SEC filings show that Farrell Michael James sold 28,080 shares of the company’s common stock on Mar 12 ’24 at a price of $27.29 per share for a total of $0.77 million. Following the sale, the insider now owns 0.11 million shares.
Graphic Packaging Holding Co disclosed in a document filed with the SEC on Feb 27 ’24 that Yost Joseph P (EVP & President, International) sold a total of 70,000 shares of the company’s common stock. The trade occurred on Feb 27 ’24 and was made at $26.20 per share for $1.83 million. Following the transaction, the insider now directly holds 0.21 million shares of the GPK stock.
Still, SEC filings show that on May 09 ’23, Scherger Stephen R. (EVP and CFO) disposed off 160,492 shares at an average price of $25.81 for $4.14 million. The insider now directly holds 427,548 shares of Graphic Packaging Holding Co (GPK).
