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 $4.72, up 2.39% from the previous day, and has decreased 14.8% in one year. It has underperformed other stocks in the Packaging & Containers industry by 0.15 percentage points. Ranpak Holdings stock is currently +79.47% from its 52-week low of $2.63, and -42.72% from its 52-week high of $8.24.
As of Dec 8, 2023, there are 82.61M PACK shares outstanding. The market capitalization of PACK is $389.90M. In the last 24 hours, 355,865 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 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.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your method of payment and add your details.
- 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).
- 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.
- 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.
Our preferred brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without commissions.
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- Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 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.
How to Set Up a New 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 data to create your new brokerage account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
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.
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 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 0.68x, relative to Packaging & Containers industry P/B ratio of 2.65x
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 $52.10M in cash and short term investments. This is enough to cover its annual cash burn of $9.20M.
- PACK has cash burn of 9200000. 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 -10.3% to -7.7% in the past year.
Negative Health Checks:
- PACK has a relatively high debt to equity ratio of 0.94.
- 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
PACK Earnings
Last year, PACK revenue was $325.30M. In the last 3 year, PACK's revenue has increased by 52.59% per year. This was faster than the Packaging & Containers industry average of 7.45%.
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.
Mark A. Siebert, MD North America of PACK, was the latest PACK insider to buy. They bought $20.50 worth of PACK shares on Nov 28, 2023.
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:
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:
- 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 place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Ranpak Holdings, create a watchlist today.
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