Press coverage about Graphic Packaging (NYSE:GPK) has been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Graphic Packaging earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 45.3925205858008 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
Several brokerages have weighed in on GPK. Zacks Investment Research raised Graphic Packaging from a “sell” rating to a “hold” rating and set a $18.00 price objective for the company in a report on Monday, January 8th. KeyCorp reissued a “hold” rating on shares of Graphic Packaging in a report on Sunday, October 29th. BMO Capital Markets upped their price target on Graphic Packaging from $15.50 to $17.00 and gave the company an “outperform” rating in a research note on Wednesday, October 25th. Robert W. Baird upped their price target on Graphic Packaging from $16.00 to $18.00 and gave the company an “outperform” rating in a research note on Wednesday, October 25th. Finally, Stephens started coverage on Graphic Packaging in a research note on Tuesday, October 24th. They issued an “overweight” rating and a $17.00 price target for the company. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $16.48.
Shares of Graphic Packaging (NYSE GPK) opened at $16.60 on Friday. The company has a debt-to-equity ratio of 1.96, a current ratio of 1.50 and a quick ratio of 0.74. The company has a market capitalization of $5,170.00, a PE ratio of 32.55, a PEG ratio of 3.63 and a beta of 1.19. Graphic Packaging has a 52 week low of $12.00 and a 52 week high of $16.73.
Graphic Packaging (NYSE:GPK) last announced its quarterly earnings results on Tuesday, October 24th. The industrial products company reported $0.18 EPS for the quarter, meeting analysts’ consensus estimates of $0.18. The company had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.11 billion. Graphic Packaging had a return on equity of 17.27% and a net margin of 3.70%. Graphic Packaging’s revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.20 EPS. sell-side analysts predict that Graphic Packaging will post 0.65 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, January 5th. Investors of record on Friday, December 15th were paid a dividend of $0.075 per share. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $0.30 dividend on an annualized basis and a yield of 1.81%. Graphic Packaging’s payout ratio is 58.82%.
In related news, VP Deborah R. Frank sold 38,266 shares of the stock in a transaction that occurred on Friday, October 27th. The stock was sold at an average price of $15.51, for a total transaction of $593,505.66. Following the completion of the sale, the vice president now directly owns 77,139 shares of the company’s stock, valued at approximately $1,196,425.89. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.02% of the stock is currently owned by corporate insiders.
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Graphic Packaging Company Profile
Graphic Packaging Holding Company is a provider of paper-based packaging solutions for a range of products to food, beverage and other consumer product companies. The Company’s segments include Paperboard Mills, Americas Paperboard Packaging, Europe Paperboard Packaging, and Corporate and Other. The Paperboard Mills segment includes the Company’s North American paperboard mills, which produce primarily coated unbleached kraft and coated recycled board.
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