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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 $7.13, down 0.7% from the previous day, and has increased 30.35% in one year. It has overperformed other stocks in the Packaging & Containers industry by 0.24 percentage points. Ranpak Holdings stock is currently +171.1% from its 52-week low of $2.63, and -13.98% from its 52-week high of $8.29.

As of Jul 19, 2024, there are 82.99M PACK shares outstanding. The market capitalization of PACK is $591.75M. In the last 24 hours, 150,749 PACK shares were traded.

How to Buy Ranpak Holdings Stock

Wondering how to invest in Ranpak Holdings stock? Here's how.
  1. Decide where to buy Ranpak Holdings stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Ranpak Holdings stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Pick your method of payment and add your details.
  4. 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 figure out if PACK is a good stock to buy).
  5. Make your PACK trade: Decide if you will purchase PACK shares at the current market price or use a limit order to buy PACK stock at a particular price.
  6. Keep tabs on your investment in PACK: Create a watchlist to the latest updates on your position in Ranpak Holdings stock.

Step 1: Decide where to buy Ranpak Holdings stock

You will need an online brokerage account in order to access the NYSE market and buy PACK stock.

A brokerage account allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've picked your brokerage, you need to fill out some personal information so you are able to buy PACK today.

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  1. Click here to get started.
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  2. Input your personal data to create your new brokerage account.
  1. Submit your data by clicking the "Create Account" button.
  2. Get started with eToro today
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Step 3: Deposit money your investment account

Now that you've created your account on a good online stock trading app, you need to deposit funds:

Check out the tutorial below for more details transferring funds into your brokerage account.

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Step 4: Evaluate Ranpak Holdings stock

After you have figured out the best place to buy Ranpak Holdings stock, it's very important to evaluate their stock prior to buying, so you actually wrap your head around the risk as well as the opportunity.

Ranpak Holdings shares data

PACK Price
$7.13
1w %
-1.66%
1y %
30.35%
5y %
-10.54%
P/E
-25.46x
P/B
1.06x
P/S
1.73x
PEG
N/A
Revenue
$340.40M
Earnings
-$22.80M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$591.75M
Next Earnings
Aug 1, 2024
Next Dividend
N/A

PACK Fundamentals

WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in less time.

You can view all of the due diligence checks on PACK's stock page.

How is PACK stock valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PACK's true value.

Using relative valuations measures:

  • PACK could be undervalued based on its P/B ratio of 1.06x, relative to Packaging & Containers industry P/B ratio of 2.63x

You can access more valuation analysis on PACK's stock here.

A look at PACK Cashflows and Balance Sheet

Positive Health Checks:

  • Total PACK debt is lower than 5 years ago, relative to shareholder equity.
  • PACK has $55.10M in cash and short term investments. This is enough to cover its annual cash burn of $100.00k.
  • PACK has cash burn of 100000. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the PACK balance sheet.
  • PACK profit margin has gone up from -12.2% to -6.7% in the past year.

Negative Health Checks:

  • PACK has a relatively high debt to equity ratio of 0.98.
  • There are more long-term liabilities than short-term assets on the PACK balance sheet.

Do analysts think it's a good time to buy PACK stock

Out of 2 Wall Street analysts who give forecasts on PACK, the consensus analyst rating on PACK is a Buy

Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the Ranpak Holdings stock forecast page.

PACK Technical Indicators

SMA10
6.96
SMA20
6.6
SMA50
6.43
SMA100
6.62
SMA200
5.51
MACD
0.28
MACD Signal
0.17
MACD Histogram
0.11
RSI
59.28
Stochastic %K
71.82
Stochastic %D
81.78
StochRSI %K
56.49
StochRSI %D
73.2

PACK Earnings

Last year, PACK revenue was $340.40M. In the last 3 year, PACK's revenue has increased by 38.15% per year. This was faster than the Packaging & Containers industry average of 5.06%.

You can research PACK's earnings and revenue performance here.

Latest Insiders Trades at PACK

Over the last 12 months, 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 $18,744.16 worth of PACK shares on Jul 1, 2024.

Get more info about who owns PACK stock here.

Does PACK provide a stable income stream?

No, Ranpak Holdings doesn't provide an income stream by paying out dividends.

PACK Social Trading Data

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other traders have to say.

Step 5: Make your PACK trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly fine.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.

Hit the Open button and eToro will execute the order.

If you require additional help with investing in stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Keep tabs on your investment in PACK

Now that you own some PACK stock, you'll want to stay up-to-date on your investment.

Put PACK on a watchlist to track your PACK stock.

PACK Feed

How to Buy Stock in Ranpak Holdings

To summarize, here are the 6 steps to buy Ranpak Holdings stock:

  1. Decide where to buy Ranpak Holdings stock
  2. Sign up for your brokerage account
  3. Deposit money your investment account
  4. Evaluate Ranpak Holdings stock
  5. Make your PACK trade
  6. Keep tabs on your investment in PACK

If you are looking for a place to buy stocks, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep an eye on your new investment in Ranpak Holdings, create a watchlist today.

NYSE: PACK
$7.13-0.05 (-0.7%)
Updated Jul 19, 2024
Open eToro Account
NYSE: PACK
$7.13-0.05 (-0.7%)
Updated Jul 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Ranpak Holdings share?

As of Jul 19, 2024, it costs $7.13 to buy one share of Ranpak Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.421 shares of PACK.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Ranpak Holdings stock?

According to 2 Wall Street analysts who monitor Ranpak Holdings, their consensus recommendation is to buy Ranpak Holdings stock.

What is the best way to buy Ranpak Holdings stock?

One way to place an order for Ranpak Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.