Sectors & Industries Consumer CyclicalPackaging & Containers
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

Overview Zen Score Price Valuation Financials Forecast

Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Market Cap	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
SLGN	SILGAN HOLDINGS INC	$4.93B	$46.28	$52.00	12.36%	Buy	6	2.55%	31.15%	N/A	N/A
SON	SONOCO PRODUCTS CO	$5.58B	$56.80	$61.00	7.39%	Buy	2	2.91%	50.21%	N/A	N/A
AVY	AVERY DENNISON CORP	$17.85B	$221.55	$230.71	4.14%	Buy	7	4.00%	40.85%	N/A	N/A
PKG	PACKAGING CORP OF AMERICA	$15.80B	$176.27	$186.33	5.71%	Strong Buy	3	2.62%	32.95%	N/A	N/A
KRT	KARAT PACKAGING INC	$552.43M	$27.66	$32.50	17.50%	Strong Buy	2	8.20%	30.71%	N/A	N/A
GPK	GRAPHIC PACKAGING HOLDING CO	$8.32B	$27.09	$28.33	4.59%	Hold	3	2.92%	10.08%	N/A	N/A
SEE	SEALED AIR CORP	$5.12B	$35.17	$41.00	16.58%	Strong Buy	3	-0.36%	72.55%	N/A	N/A
MYE	MYERS INDUSTRIES INC	$841.32M	$22.82	$30.00	31.46%	Strong Buy	1	-5.12%	N/A	N/A	N/A
CCK	CROWN HOLDINGS INC	$9.96B	$82.45	$95.56	15.90%	Buy	9	1.48%	117.35%	N/A	N/A
BERY	BERRY GLOBAL GROUP INC	$6.82B	$58.86	$71.50	21.47%	Buy	8	0.57%	39.92%	N/A	N/A
GEF	GREIF INC	$2.96B	$62.90	$80.00	27.19%	Strong Buy	3	5.36%	N/A	N/A	N/A
IP	INTERNATIONAL PAPER CO	$12.60B	$36.28	$41.00	13.01%	Strong Buy	4	1.27%	373.16%	N/A	N/A
BALL	BALL CORP	$21.65B	$68.59	$69.00	0.60%	Hold	12	-4.36%	68.52%	N/A	N/A
REYN	REYNOLDS CONSUMER PRODUCTS INC	$5.98B	$28.47	$29.75	4.50%	Hold	4	-1.00%	19.86%	N/A	N/A
WRK	WESTROCK CO	$13.21B	$51.16	$45.20	-11.65%	Hold	5	1.51%	181.96%	N/A	N/A
TRS	TRIMAS CORP	$1.07B	$26.21	$40.00	52.61%	Buy	1	11.74%	N/A	N/A	N/A
PACK	RANPAK HOLDINGS CORP	$558.55M	$6.73	$9.00	33.73%	Buy	2	N/A	N/A	N/A	N/A
AMCR	AMCOR PLC	$14.47B	$10.01	$10.00	-0.10%	Strong Buy	1	2.13%	39.69%	N/A	N/A
OI	O-I GLASS INC	$2.05B	$13.17	$19.63	49.01%	Buy	8	3.67%	N/A	N/A	N/A
MGIH	MILLENNIUM GROUP INTERNATIONAL HOLDINGS LTD	$16.88M	$1.50	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
DSS	DSS INC	$12.05M	$1.71	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
PTVE	PACTIV EVERGREEN INC	$2.43B	$13.57	$16.71	23.17%	Strong Buy	7	-1.09%	N/A	N/A	N/A
AMBP	ARDAGH METAL PACKAGING SA	$2.35B	$3.94	$3.74	-5.03%	Hold	6	3.66%	N/A	N/A	N/A
OCTO	EIGHTCO HOLDINGS INC	$4.82M	$0.56	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
TUP	TUPPERWARE BRANDS CORP	$61.89M	$1.33	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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.

Packaging & Container Stocks FAQ

1. Silgan Holdings (NYSE:SLGN)

2. Sonoco Products Co (NYSE:SON)

3. Avery Dennison (NYSE:AVY)

1. International Paper Co (NYSE:IP)

2. Sonoco Products Co (NYSE:SON)

3. Greif (NYSE:GEF)

1. Sonoco Products Co (NYSE:SON)

2. Trimas (NASDAQ:TRS)

3. Berry Global Group (NYSE:BERY)

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