How to Buy Ranpak Holdings Stock
Ranpak Holdings Corp
Ranpak Holdings Corp. is a provider of environmentally sustainable, systems-based, product protection solutions for e-commerce and industrial supply chains.
Ranpak Holdings stock last closed at $7.43, up 1.64% from the previous day, and has increased 93.99% in one year. It has overperformed other stocks in the Packaging & Containers industry by 0.79 percentage points. Ranpak Holdings stock is currently +182.51% from its 52-week low of $2.63, and -10.36% from its 52-week high of $8.29.
As of Apr 26, 2024, there are 82.62M PACK shares outstanding. The market value of PACK is $613.88M. In the past 24 hours, 244,560 PACK shares were traded.
How to Buy Ranpak Holdings Stock
Wondering how to invest in Ranpak Holdings stock? Here's how.
- Decide where to buy Ranpak Holdings stock: You need to pick an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Ranpak Holdings stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Choose your method of payment and add your info.
- Evaluate Ranpak Holdings stock: The Ranpak Holdings ticker symbol is PACK. Is Ranpak Holdings stock a good investment? Should you buy shares of PACK? How do PACK's underlying business fundamentals look? Do top analysts think Ranpak Holdings is a good buy? Why has PACK's stock price moved recently? (Hint: Our stock research tools can help you decide if PACK is a good stock to buy).
- Make your PACK trade: Decide if you will purchase PACK shares at the current market price or use a limit order to purchase PACK shares at a specific price.
- Keep tabs on your investment in PACK: Create a watchlist to the latest updates on your investment in Ranpak Holdings shares.
Step 1: Decide where to buy Ranpak Holdings stock
You need an online brokerage account in order to access the NYSE market and buy PACK shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. Here's why:
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- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal info so you can invest in PACK today.
How to Create a New Brokerage 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.
- Enter your personal details to open your new brokerage account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have created your account on mobile trading apps, you need to deposit funds:
Watch the walkthrough below to see the process of transferring funds into your new investment account.
Step 4: Evaluate Ranpak Holdings stock
Once you have decided on the best place to buy Ranpak Holdings stock, it's very important to research their stock prior to buying, so you actually comprehend the risk and opportunity.
Ranpak Holdings stock at a glance
Ranpak Holdings Due Diligence Checks
WallStreetZen was created to help average investors do better fundamental analysis quickly.
You can view all of the due diligence checks on PACK's stock page.
Is PACK stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PACK's intrinsic value.
Using relative valuations measures:
- PACK may be undervalued based on its P/B ratio of 1.07x, relative to Packaging & Containers industry P/B ratio of 2.81x
You can access additional valuation research on PACK's stock here.
PACK Financial Health Summary
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the PACK balance sheet.
- Total PACK debt is lower than 5 years ago, relative to shareholder equity.
- PACK profit margin has gone up from -12.7% to -8.1% in the past year.
Negative Health Checks:
- There are more long-term liabilities than short-term assets on the PACK balance sheet.
- PACK has a relatively high debt to equity ratio of 0.96.
- PACK earnings of -$7.00M is not enough to cover its interest payments.
- PACK's operating cash flow of $52.60M allows it to safely service it's debt of $428.80M.
Do analysts think it's a good time to buy Ranpak Holdings stock
Out of 2 sell side analysts who monitor PACK, the consensus analyst rating on Ranpak Holdings is a Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Ranpak Holdings stock forecast page.
PACK Trading Indicators
How are PACK Revenues/Earnings doing?
Last year, PACK revenue was $336.30M. Over the past three year, PACK's revenue has grown by 50.37% per year. This was faster than the Packaging & Containers industry average of 4.83%.
You can analyze PACK's earnings and revenue performance here.
Latest Insiders Trades at PACK
Over the last year, insiders at PACK have bought more shares than they have sold.
Pamela K. El, Director of PACK, was the latest PACK insider to buy. They bought $18,746.10 worth of PACK stock on Apr 1, 2024.
Research more about who owns PACK shares here.
Does PACK stock generate passive income?
No, Ranpak Holdings doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your PACK trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given price limit, place a limit order.
Press the Open Trade button and eToro will place your order.
If you want additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your investment in PACK
Now that you own some shares in PACK, you'll want to keep up with your new shares.
Start a watchlist to get the latest updates about your PACK stock.
PACK Feed
How to Buy Stock in Ranpak Holdings
To reiterate, here are the 6 steps to buy Ranpak Holdings stock:
- Decide where to buy Ranpak Holdings stock
- Sign up for your brokerage account
- Deposit money your investment account
- Evaluate Ranpak Holdings stock
- Make your PACK trade
- Keep tabs on your investment in PACK
If you are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get updates on your investment in Ranpak Holdings, create your watchlist below.
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