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Best Packaging & Container Stocks to Buy Now (2024)
Top packaging & container stocks in 2024 ranked by overall Zen Score. See the best packaging & container stocks to buy now, according to analyst forecasts for the packaging & containers industry.

Industry: Packaging & Containers
Ticker
Company
Price
Volume
Vol 1d %
SMA 10
SMA 20
SMA 50
SMA 100
SMA 200
RSI
Stochastic %K
Stochastic %D
StochRSI %K
StochRSI %D
MACD
MACD Signal
MACD Histogram
Beta
SLGN
SILGAN HOLDINGS INC
$46.64463,935-34.14%46.5547.1246.0645.2244.0549.8945.9330.2956.9732.81-0.120.09-0.220.58
SON
SONOCO PRODUCTS CO
$57.11465,793-9.32%56.5056.6556.8956.8555.9552.4648.9639.2664.0654.40-0.11-0.150.040.90
AVY
AVERY DENNISON CORP
$222.14451,86541.42%217.66215.09216.36208.71195.8665.1278.1869.3399.8794.621.380.420.951.02
PKG
PACKAGING CORP OF AMERICA
$176.15670,02141.04%174.09178.15182.01174.06163.2445.4147.6837.8697.5787.56-2.22-2.16-0.070.83
KRT
KARAT PACKAGING INC
$28.2237,429-22.59%27.4227.3728.1126.3624.1256.2180.7764.6195.8988.77-0.05-0.180.130.78
GPK
GRAPHIC PACKAGING HOLDING CO
$27.192,022,004-36.43%27.0227.4327.4826.3324.3048.3960.7243.6170.8748.11-0.24-0.17-0.070.81
SEE
SEALED AIR CORP
$35.792,149,207-9.71%32.7632.5034.3135.1134.9266.0892.5576.31100.0095.98-0.02-0.610.580.90
CCK
CROWN HOLDINGS INC
$83.27671,168-20.13%81.2179.6378.2482.4384.4867.1470.3670.0788.2990.991.270.780.491.08
MYE
MYERS INDUSTRIES INC
$22.99286,40492.92%22.3021.9521.6320.3419.1766.2098.4092.88100.0093.770.270.180.091.05
BERY
BERRY GLOBAL GROUP INC
$60.121,068,70068.90%57.6157.4358.5761.6861.7063.1693.2079.95100.0096.36-0.07-0.490.420.90
GEF
GREIF INC
$63.2873,901-35.24%62.1162.6364.0263.9966.2151.0375.3754.09100.0087.32-0.64-0.780.151.02
IP
INTERNATIONAL PAPER CO
$36.925,619,493-3.41%35.0735.7636.6436.3835.4755.8975.9260.04100.0095.36-0.38-0.590.210.98
BALL
BALL CORP
$68.901,926,700-12.62%68.0066.6565.8561.9256.9661.0063.2563.0957.4958.650.970.740.230.82
REYN
REYNOLDS CONSUMER PRODUCTS INC
$28.41367,172-17.17%28.5828.4228.6328.0627.2948.5366.5672.0863.3972.970.020.000.020.30
WRK
WESTROCK CO
$51.402,178,972-25.81%48.6748.3847.7744.7740.1769.8891.5677.11100.0085.760.680.330.361.20
TRS
TRIMAS CORP
$26.06184,878-16.11%26.2025.9125.5825.3925.1851.6956.9552.7159.4155.310.130.14-0.010.89
PACK
RANPAK HOLDINGS CORP
$6.78451,0153.14%7.177.206.765.825.3144.3345.4148.2514.7426.12-0.020.10-0.111.08
AMCR
AMCOR PLC
$10.096,298,956-6.93%9.379.189.249.369.3372.9995.1185.55100.0095.760.160.030.140.91
OI
O-I GLASS INC
$13.361,314,325-11.38%14.2514.8115.6415.7116.5536.7524.1620.8028.2022.67-0.64-0.45-0.201.37
MGIH
MILLENNIUM GROUP INTERNATIONAL HOLDINGS LTD
$1.4715,809-43.00%1.491.431.541.471.5649.9959.5265.6163.0875.110.01-0.010.02-0.00
DSS
DSS INC
$1.664,38117.26%1.731.801.851.992.9037.2110.5510.269.519.62-0.05-0.04-0.01-0.07
PTVE
PACTIV EVERGREEN INC
$13.59741,333-57.47%14.9614.7414.2014.1811.6236.9847.4758.8628.3249.780.060.21-0.150.81
AMBP
ARDAGH METAL PACKAGING SA
$3.991,194,93046.17%3.933.693.513.643.5367.9377.1077.0375.9977.620.140.110.030.83
OCTO
EIGHTCO HOLDINGS INC
$0.5619,363-12.81%0.570.640.700.640.6934.6117.5416.1536.6926.88-0.05-0.04-0.011.47
TUP
TUPPERWARE BRANDS CORP
$1.381,309,717-17.44%1.121.081.251.531.8664.6877.9667.98100.0098.38-0.01-0.060.051.63

Packaging & Container Stocks FAQ

What are the best packaging & container stocks to buy right now in May 2024?

According to Zen Score, the 3 best packaging & container stocks to buy right now are:

1. Silgan Holdings (NYSE:SLGN)


Silgan Holdings (NYSE:SLGN) is the top packaging & container stock with a Zen Score of 53, which is 21 points higher than the packaging & container industry average of 32. It passed 19 out of 38 due diligence checks and has strong fundamentals. Silgan Holdings has seen its stock lose -2.59% over the past year, underperforming other packaging & container stocks by -17 percentage points.

Silgan Holdings has an average 1 year price target of $52.00, an upside of 11.49% from Silgan Holdings's current stock price of $46.64.

Silgan Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Silgan Holdings, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 16.67% have issued a hold, while 0% have issued a Sell rating, and 16.67% have issued a Strong Sell.

2. Sonoco Products Co (NYSE:SON)


Sonoco Products Co (NYSE:SON) is the second best packaging & container stock with a Zen Score of 51, which is 19 points higher than the packaging & container industry average of 32. It passed 18 out of 38 due diligence checks and has strong fundamentals. Sonoco Products Co has seen its stock lose -4.58% over the past year, underperforming other packaging & container stocks by -19 percentage points.

Sonoco Products Co has an average 1 year price target of $61.00, an upside of 6.81% from Sonoco Products Co's current stock price of $57.11.

Sonoco Products Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Sonoco Products Co, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Avery Dennison (NYSE:AVY)


Avery Dennison (NYSE:AVY) is the third best packaging & container stock with a Zen Score of 50, which is 18 points higher than the packaging & container industry average of 32. It passed 18 out of 38 due diligence checks and has strong fundamentals. Avery Dennison has seen its stock return 29.27% over the past year, overperforming other packaging & container stocks by 15 percentage points.

Avery Dennison has an average 1 year price target of $230.71, an upside of 3.86% from Avery Dennison's current stock price of $222.14.

Avery Dennison stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Avery Dennison, 42.86% have issued a Strong Buy rating, 28.57% have issued a Buy, 14.29% have issued a hold, while 14.29% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the packaging & container stocks with highest dividends?

Out of 15 packaging & container stocks that have issued dividends in the past year, the 3 packaging & container stocks with the highest dividend yields are:

1. International Paper Co (NYSE:IP)


International Paper Co (NYSE:IP) has an annual dividend yield of 5.01%, which is 3 percentage points higher than the packaging & container industry average of 2.09%. International Paper Co's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. International Paper Co's dividend has shown consistent growth over the last 10 years.

International Paper Co's dividend payout ratio of 377.6% indicates that its high dividend yield might not be sustainable for the long-term.

2. Sonoco Products Co (NYSE:SON)


Sonoco Products Co (NYSE:SON) has an annual dividend yield of 3.57%, which is 1 percentage points higher than the packaging & container industry average of 2.09%. Sonoco Products Co's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Sonoco Products Co's dividend has shown consistent growth over the last 10 years.

Sonoco Products Co's dividend payout ratio of 51.3% indicates that its dividend yield is sustainable for the long-term.

3. Greif (NYSE:GEF)


Greif (NYSE:GEF) has an annual dividend yield of 3.26%, which is 1 percentage points higher than the packaging & container industry average of 2.09%. Greif's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Greif's dividend has shown consistent growth over the last 10 years.

Greif's dividend payout ratio of 34.9% indicates that its dividend yield is sustainable for the long-term.

Why are packaging & container stocks up?

Packaging & container stocks were up 0.59% in the last day, and up 1.02% over the last week.

We couldn't find a catalyst for why packaging & container stocks are up.

What are the most undervalued packaging & container stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued packaging & container stocks right now are:

1. Sonoco Products Co (NYSE:SON)


Sonoco Products Co (NYSE:SON) is the most undervalued packaging & container stock based on WallStreetZen's Valuation Score. Sonoco Products Co has a valuation score of 71, which is 37 points higher than the packaging & container industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Sonoco Products Co's stock has dropped -4.58% in the past year. It has underperformed other stocks in the packaging & container industry by -19 percentage points.

2. Trimas (NASDAQ:TRS)


Trimas (NASDAQ:TRS) is the second most undervalued packaging & container stock based on WallStreetZen's Valuation Score. Trimas has a valuation score of 71, which is 37 points higher than the packaging & container industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Trimas's stock has gained 2.28% in the past year. It has underperformed other stocks in the packaging & container industry by -12 percentage points.

3. Berry Global Group (NYSE:BERY)


Berry Global Group (NYSE:BERY) is the third most undervalued packaging & container stock based on WallStreetZen's Valuation Score. Berry Global Group has a valuation score of 71, which is 37 points higher than the packaging & container industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Berry Global Group's stock has gained 2.37% in the past year. It has underperformed other stocks in the packaging & container industry by -12 percentage points.

Are packaging & container stocks a good buy now?

38.1% of packaging & container stocks rated by analysts are a strong buy right now. On average, analysts expect packaging & container stocks to rise by 10.37% over the next year.

What is the average p/e ratio of the packaging & containers industry?

The average P/E ratio of the packaging & containers industry is 26.85x.
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.