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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
1d %
1w %
1m %
3m %
6m %
1y %
3y %
5y %
10y %
52-week High
52-week Low
% off 52-week High
% off 52-week Low
Beta
Volume
Vol 1d %
SLGN
SILGAN HOLDINGS INC
$46.281.96%-1.45%-3.50%3.51%9.20%-3.12%8.77%52.04%87.71%$49.72$38.116.92%21.44%0.58704,405-48.71%
SON
SONOCO PRODUCTS CO
$56.802.14%0.51%-0.26%0.30%3.07%-4.63%-14.04%-11.28%36.37%$63.74$49.9810.89%13.65%0.90513,640-18.13%
AVY
AVERY DENNISON CORP
$221.550.93%1.15%0.19%13.07%22.24%29.73%3.67%98.84%357.28%$225.26$158.931.64%39.40%1.02319,513-1.27%
PKG
PACKAGING CORP OF AMERICA
$176.270.53%1.98%-6.58%8.42%11.37%31.89%17.93%75.22%164.15%$191.27$122.207.84%44.25%0.83475,043-1.31%
KRT
KARAT PACKAGING INC
$27.66-0.61%1.28%-2.30%14.06%25.44%89.19%46.27%N/AN/A$30.94$14.2610.60%93.97%0.7848,351141.48%
GPK
GRAPHIC PACKAGING HOLDING CO
$27.090.86%-1.60%-4.04%7.29%22.69%7.93%44.56%92.54%161.49%$29.50$20.078.17%34.98%0.813,180,814-17.53%
SEE
SEALED AIR CORP
$35.170.69%10.81%4.08%1.18%1.59%-16.38%-29.87%-21.90%5.39%$47.12$28.5025.36%23.40%0.902,380,254-43.12%
MYE
MYERS INDUSTRIES INC
$22.821.15%3.54%0.84%23.15%26.99%21.19%0.62%27.13%18.18%$23.63$15.653.43%45.81%1.05148,461-4.70%
CCK
CROWN HOLDINGS INC
$82.450.10%2.31%6.50%-6.66%-1.03%-0.81%-25.34%36.39%74.50%$96.35$69.6114.43%18.45%1.08840,375-16.54%
BERY
BERRY GLOBAL GROUP INC
$58.860.82%3.17%-0.69%-8.17%0.10%8.90%-7.96%9.06%155.91%$69.94$53.9215.84%9.16%0.90632,738-8.60%
GEF
GREIF INC
$62.901.00%1.58%-8.51%1.35%-5.03%0.18%-0.52%56.90%15.84%$76.00$59.3717.24%5.95%1.02114,1133.97%
IP
INTERNATIONAL PAPER CO
$36.281.31%7.24%-7.14%10.04%4.86%12.32%-38.45%-22.97%-20.92%$41.28$29.0112.11%25.08%0.985,817,848-1.98%
BALL
BALL CORP
$68.590.88%-1.73%2.77%17.31%33.91%31.25%-26.45%11.46%142.84%$71.32$42.813.83%60.22%0.822,204,9974.16%
REYN
REYNOLDS CONSUMER PRODUCTS INC
$28.47-0.59%0.04%0.42%2.59%10.86%0.85%-5.70%N/AN/A$30.54$24.806.78%14.80%0.30443,28811.47%
WRK
WESTROCK CO
$51.160.10%8.28%4.62%32.33%35.17%77.02%-10.82%30.21%N/A$51.79$26.851.22%90.54%1.202,937,138-31.16%
TRS
TRIMAS CORP
$26.21-0.04%-1.02%-1.21%7.20%6.50%2.10%-19.53%-16.13%-24.81%$29.07$22.599.84%16.02%0.89220,3719.40%
PACK
RANPAK HOLDINGS CORP
$6.732.59%-9.42%-16.50%59.10%130.48%75.72%-64.63%-34.47%N/A$8.29$2.6318.81%155.89%1.08437,281-64.31%
AMCR
AMCOR PLC
$10.011.42%11.59%9.04%8.57%9.88%0.00%-15.10%N/AN/A$10.53$8.454.94%18.46%0.916,768,088-42.28%
OI
O-I GLASS INC
$13.170.61%-12.61%-23.65%-9.24%-11.91%-38.80%-21.93%-27.76%-57.80%$23.57$12.4144.12%6.17%1.371,483,121-49.12%
MGIH
MILLENNIUM GROUP INTERNATIONAL HOLDINGS LTD
$1.50-1.96%2.04%4.90%50.00%38.89%-26.83%N/AN/AN/A$9.57$0.8984.33%68.54%0.0127,733166.25%
DSS
DSS INC
$1.71-0.18%-4.32%-8.82%-2.57%-44.28%-58.35%-97.18%-99.78%-99.94%$9.36$1.6581.78%3.65%-0.073,736-25.52%
PTVE
PACTIV EVERGREEN INC
$13.57-12.40%-12.62%-8.56%-5.89%27.42%90.32%-11.07%N/AN/A$15.84$6.8614.33%97.81%0.811,743,054685.17%
AMBP
ARDAGH METAL PACKAGING SA
$3.94-0.76%-2.72%13.22%8.24%8.54%5.63%-61.41%N/AN/A$4.17$2.575.52%53.31%0.82817,472-22.54%
OCTO
EIGHTCO HOLDINGS INC
$0.56-1.05%-2.93%-31.39%-1.05%6.62%-75.04%N/AN/AN/A$2.44$0.4376.89%31.16%1.4722,208-82.32%
TUP
TUPPERWARE BRANDS CORP
$1.3317.70%27.88%4.72%-11.33%-29.26%15.65%-94.58%-94.43%-98.40%$5.91$0.6177.50%118.03%1.631,586,428117.75%

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 -3.12% over the past year, underperforming other packaging & container stocks by -19 percentage points.

Silgan Holdings has an average 1 year price target of $52.00, an upside of 12.36% from Silgan Holdings's current stock price of $46.28.

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 -4.63% over the past year, underperforming other packaging & container stocks by -20 percentage points.

Sonoco Products Co has an average 1 year price target of $61.00, an upside of 7.39% from Sonoco Products Co's current stock price of $56.80.

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 29.73% over the past year, overperforming other packaging & container stocks by 14 percentage points.

Avery Dennison has an average 1 year price target of $230.71, an upside of 4.14% from Avery Dennison's current stock price of $221.55.

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 5.1%, which is 3 percentage points higher than the packaging & container industry average of 2.1%. 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 3.59%, which is 1 percentage points higher than the packaging & container industry average of 2.1%. 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 3.28%, which is 1 percentage points higher than the packaging & container industry average of 2.1%. 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 1.48% 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 -4.63% in the past year. It has underperformed other stocks in the packaging & container industry by -20 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 2.1% in the past year. It has underperformed other stocks in the packaging & container industry by -13 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 8.9% in the past year. It has underperformed other stocks in the packaging & container industry by -7 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 10.87% 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 26.49x.
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.