How to Buy Packaging Of America Stock
Packaging Corp Of America
Packaging Of America is a packaging & container company located in Illinois, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker PKG on the NYSE exchange.
Packaging Of America stock last closed at $170.88, down 4.69% from the previous day, and has increased 17.92% in one year. It has overperformed other stocks in the Packaging & Containers industry by 0.11 percentage points. Packaging Of America stock is currently +39.84% from its 52-week low of $122.20, and -10.66% from its 52-week high of $191.27.
There are currently 89.62M shares of PKG outstanding. The market value of PKG is $15.31B. In the past 24 hours, 1.44M PKG shares were traded.
How to Buy Packaging Of America Stock
Not sure how to invest in Packaging Of America stock? Here's how.
- Decide where to buy Packaging Of America stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Packaging Of America stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Choose your payment method and add your info.
- Evaluate Packaging Of America stock: The Packaging Of America ticker symbol is PKG. Is Packaging Of America stock a good investment? Should you buy shares of PKG? How do PKG's underlying business fundamentals look? Do top analysts think Packaging Of America is a good buy? Why has PKG's stock price moved recently? (Hint: Our stock research tools can help you figure out if PKG is a good stock to buy).
- Make your PKG buy order: Decide if you will purchase PKG shares at the current market price or use a limit order to buy PKG shares at a given price.
- Watch your PKG position: Create a watchlist to important notifications about your new investment in Packaging Of America shares.
Step 1: Decide where to buy Packaging Of America stock
You will need a brokerage account in order to access the NYSE market and buy PKG shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. eToro gives you:
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- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by creating an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal info so you are able to invest in PKG today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open a new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've created your account on the stock trading app, you need to deposit funds:
Check out the video below to see the process of transferring funds into your investment account.
Step 4: Evaluate Packaging Of America stock
Once you have chosen the best place to buy Packaging Of America stock, it's important to analyze their stock prior to investing, so you actually understand the risk as well as the upside.
Packaging Of America stock data
Packaging Of America Due Diligence Checks
WallStreetZen was designed to help average investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on PKG's stock page.
Is PKG stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge PKG's intrinsic value.
Using relative valuations metrics:
- PKG could be overvalued based on its P/E ratio of 20.06x, relative to Packaging & Containers industry P/E ratio of 18.65x
- PKG may be overvalued based on its P/B ratio of 3.83x, relative to Packaging & Containers industry P/B ratio of 2.75x
- PKG could be undervalued based on its PEG ratio of 0.68x
You can access additional valuation research on PKG's stock here.
Is PKG a healthy company?
Pros:
- Total PKG debt is lower than 5 years ago, relative to shareholder equity.
- PKG earnings of $1.07B is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the PKG balance sheet.
- PKG's operating cash flow of $1.32B allows it to safely service it's debt of $3.17B.
Cons:
- PKG profit margin has gone down from 12.1% to 9.8% in the past year.
- There are more long-term liabilities than short-term assets on the PKG balance sheet.
- PKG has a relatively high debt to equity ratio of 1.17.
Is Packaging Of America stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Equities analysts who give ratings on PKG, the consensus analyst rating on PKG is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Packaging Of America stock forecast page.
PKG Technicals
How are PKG Revenues/Earnings doing?
Last year, PKG earnings were $765.20M. Over the past 5 year, PKG's earnings have gone up by 1.73% per year. This was slower than the Packaging & Containers industry average of 4.38%.
Last year, PKG revenue was $7.80B. During the last five year, PKG's revenue has grown by 2.15% per year. This was slower than the Packaging & Containers industry average of 3.85%.
Find out more about PKG's earnings and revenue performance here.
What are PKG executives and large shareholders up to?
In the last 12 months, insiders at PKG have sold more shares than they have bought.
Pamela A. Barnes, SVP of PKG, was the latest PKG insider to sell. They sold $217,279.60 worth of PKG stock on Mar 25, 2024.
Dig into more about who owns PKG shares here.
Does PKG provide a stable income stream?
Packaging Of America pays a dividend of 2.93%, compared to the Packaging & Containers industry's average dividend yield of 2.18%. If you owned $1,000 worth of PKG stock, you would have received $29.26 last year.
Packaging Of America dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Packaging Of America dividend yield and history here.
What do other investors have to say about PKG?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your PKG buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact price, place a limit order.
Press the Open button and eToro will execute your order.
If you want additional help with buying stocks on eToro, watch the how to video below:
Step 6: Watch your PKG position
Now that you own some shares in PKG, you'll want to keep up with your company.
Make a watchlist to get notified of important updates regarding your PKG stock.
PKG Feed
How to Buy Stock in Packaging Of America
To summarize, here are the 6 steps to buy stock in Packaging Of America:
- Decide where to buy Packaging Of America stock
- Open a brokerage account
- Put funds into your investment account
- Evaluate Packaging Of America stock
- Make your PKG buy order
- Watch your PKG position
If you are looking for a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get updates on your investment in Packaging Of America, hit the button below to create your watchlist.
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