Packaging Corporation of America has received $1.32 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 4 Financial Advisor in the Stock Trading Firms. Among 4 Analysts, Bottom line EPS Estimate for the current quarter is $1.21 while the top line estimate is $1.52 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 18.69%.
Packaging Corporation of America reported better than expected with a surprise EPS of 6.03% or $0.07 during its most recent quarterly earnings. The Actual EPS was $1.23 compared to the Estimated EPS of $1.16.
Packaging Corporation of America has a Price to Earnings ratio of 18.78 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 5. For the Most Recent Fiscal Year, Packaging Corporation of America has a price to cash ratio of 11.04. For the Trailing twelve month period, company showed a Net Profit Margin of 7.76% and Return on Equity of the stock is 27.81%.
In the last quarter, Packaging Corporation of America reported Annual Earnings of $1.23. Based on the filings, last years Annual Earnings was, $4.88. In the last Quarter, PKG reported a surprise Earnings per Share of 6.03% . The consensus estimate for current quarter is $1.32 and for the current fiscal year, the estimate is $5.89. For the Next fiscal year, the estimate is $6.36 based on the consensus.
Packaging Corporation of America (NYSE:PKG) : On Tuesday heightened volatility was witnessed in Packaging Corporation of America (NYSE:PKG) which led to swings in the share price. The stock opened for trading at $94.83 and hit $96.87 on the upside , eventually ending the session at $92.18, with a gain of 0.39% or 0.36 points. The heightened volatility saw the trading volume jump to 2,027,667 shares. The 52-week high of the share price is $96.87 and the company has a market cap of $8,686 million. The 52-week low of the share price is at $44.32 .
Packaging Corp. of America is one of the largest producers of containerboard in the United States and also one of the largest manufacturers of corrugated packaging products. The company produces corrugated containers as well as the containerboard used to manufacture corrugated containers. Corrugated containers are the most commonly used type of paper packaging. Corrugated containers, referred to as cardboard boxes, are made by combining multiple layers of heavyweight paper known as containerboard and fabricating them into finished boxes.