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	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
PKG	PACKAGING CORP OF AMERICA	$182.03	633,126	9.19%	179.03	177.04	182.13	175.17	164.37	56.50	96.73	95.41	100.00	98.25	0.05	-0.93	0.97	0.83
SLGN	SILGAN HOLDINGS INC	$47.11	511,772	29.10%	46.86	46.86	46.53	45.44	44.11	51.73	77.50	79.49	84.05	88.89	0.13	0.07	0.06	0.58
BALL	BALL CORP	$70.53	1,641,276	-15.34%	69.32	68.12	66.71	62.75	57.35	65.83	78.42	74.28	49.35	47.45	1.13	1.01	0.11	0.82
SON	SONOCO PRODUCTS CO	$60.24	432,448	-16.47%	58.47	57.50	57.26	57.11	55.98	65.80	93.90	96.07	96.09	98.70	0.80	0.39	0.42	0.90
AVY	AVERY DENNISON CORP	$226.11	261,617	-19.99%	224.24	219.43	217.79	210.65	197.44	66.83	83.92	85.72	63.74	71.76	2.97	2.24	0.73	1.02
KRT	KARAT PACKAGING INC	$29.27	47,823	-13.35%	28.18	27.59	27.99	26.72	24.43	58.81	61.43	49.47	44.33	32.80	0.17	0.06	0.11	0.78
CCK	CROWN HOLDINGS INC	$84.22	621,463	-19.47%	83.68	81.74	79.38	81.97	84.16	67.00	80.55	80.53	86.20	92.08	1.58	1.39	0.19	1.08
GPK	GRAPHIC PACKAGING HOLDING CO	$28.06	2,278,087	32.90%	27.65	27.38	27.76	26.59	24.44	55.21	89.85	91.26	93.44	96.14	0.12	-0.02	0.14	0.81
SEE	SEALED AIR CORP	$38.78	1,722,108	10.02%	36.99	34.31	34.70	35.27	34.63	77.01	96.88	97.60	100.00	100.00	1.32	0.65	0.67	0.91
BERY	BERRY GLOBAL GROUP INC	$59.83	924,820	10.57%	59.89	58.37	58.85	61.14	61.49	56.35	69.47	70.51	61.34	63.58	0.51	0.26	0.25	0.90
GEF	GREIF INC	$64.05	90,115	13.68%	63.62	62.64	64.19	63.89	65.89	54.77	77.71	80.32	82.15	85.11	0.06	-0.24	0.30	1.02
IP	INTERNATIONAL PAPER CO	$39.71	4,493,277	25.43%	38.46	36.59	37.26	36.55	35.66	63.98	80.16	77.13	87.61	86.67	0.83	0.33	0.50	0.98
MYE	MYERS INDUSTRIES INC	$16.77	383,817	12.76%	18.77	20.34	21.28	20.19	19.07	26.81	4.44	2.29	5.77	2.03	-1.37	-0.76	-0.61	1.06
REYN	REYNOLDS CONSUMER PRODUCTS INC	$29.02	356,526	-16.52%	28.85	28.66	28.57	28.23	27.33	56.63	66.08	75.12	55.05	70.61	0.17	0.10	0.07	0.30
PACK	RANPAK HOLDINGS CORP	$6.71	386,948	44.22%	6.86	7.07	7.09	5.95	5.35	44.41	48.47	50.87	27.55	30.64	-0.08	-0.01	-0.06	1.08
WRK	WESTROCK CO	$52.88	2,046,521	-56.81%	51.61	49.64	48.74	45.42	40.86	72.46	91.20	89.41	86.60	86.52	1.15	0.90	0.25	1.20
TRS	TRIMAS CORP	$27.53	221,468	13.29%	26.67	26.38	25.91	25.43	25.16	66.09	82.12	82.12	94.50	92.12	0.36	0.25	0.12	0.89
AMCR	AMCOR PLC	$10.34	8,701,338	53.82%	10.21	9.64	9.41	9.40	9.34	73.28	91.93	94.09	95.29	98.43	0.34	0.25	0.09	0.91
DSS	DSS INC	$1.67	3,370	-61.19%	1.66	1.71	1.82	1.92	2.77	42.81	56.82	41.21	38.45	19.01	-0.06	-0.05	-0.00	-0.08
OI	O-I GLASS INC	$13.66	1,595,727	-22.35%	13.46	14.11	15.17	15.55	16.22	41.70	40.43	37.58	58.01	51.68	-0.52	-0.56	0.04	1.37
OCTO	EIGHTCO HOLDINGS INC	$0.65	22,782	-65.58%	0.61	0.60	0.70	0.64	0.66	52.29	91.41	89.99	90.98	95.84	-0.01	-0.03	0.02	1.47
MGIH	MILLENNIUM GROUP INTERNATIONAL HOLDINGS LTD	$1.44	10,439	-76.95%	1.48	1.47	1.48	1.47	1.55	46.95	32.29	36.61	0.83	11.79	0.00	0.00	-0.00	-0.01
PTVE	PACTIV EVERGREEN INC	$13.55	193,020	15.53%	13.59	14.31	14.11	14.23	11.79	42.00	27.95	26.08	26.20	23.23	-0.31	-0.17	-0.14	0.81
AMBP	ARDAGH METAL PACKAGING SA	$4.02	731,175	-1.22%	4.00	3.90	3.62	3.64	3.54	64.92	62.27	68.32	15.90	17.14	0.13	0.13	-0.00	0.82
TUP	TUPPERWARE BRANDS CORP	$1.80	5,339,967	-76.71%	1.45	1.25	1.28	1.50	1.84	66.51	63.58	65.84	88.38	86.03	0.14	0.05	0.09	1.63

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. Packaging Of America (NYSE:PKG)

Packaging Of America (NYSE:PKG) is the top packaging & container stock with a Zen Score of 52, which is 20 points higher than the packaging & container industry average of 32. It passed 18 out of 38 due diligence checks and has strong fundamentals. Packaging Of America has seen its stock return 39.55% over the past year, overperforming other packaging & container stocks by 22 percentage points.

Packaging Of America has an average 1 year price target of $186.33, an upside of 2.36% from Packaging Of America's current stock price of $182.03.

Packaging Of America stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Packaging Of America, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Silgan Holdings (NYSE:SLGN)

Silgan Holdings (NYSE:SLGN) is the second best packaging & container stock with a Zen Score of 49, which is 17 points higher than the packaging & container industry average of 32. It passed 17 out of 38 due diligence checks and has strong fundamentals. Silgan Holdings has seen its stock lose -1.53% 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 10.38% from Silgan Holdings's current stock price of $47.11.

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.

3. Ball (NYSE:BALL)

Ball (NYSE:BALL) is the third best packaging & container stock with a Zen Score of 49, which is 17 points higher than the packaging & container industry average of 32. It passed 18 out of 38 due diligence checks and has strong fundamentals. Ball has seen its stock return 24.68% over the past year, overperforming other packaging & container stocks by 7 percentage points.

Ball has an average 1 year price target of $69.08, a downside of -2.05% from Ball's current stock price of $70.53.

Ball stock has a consensus Hold recommendation according to Wall Street analysts. Of the 12 analysts covering Ball, 8.33% have issued a Strong Buy rating, 8.33% have issued a Buy, 66.67% have issued a hold, while 8.33% have issued a Sell rating, and 8.33% 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 4.66%, which is 3 percentage points higher than the packaging & container industry average of 2.02%. 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 3.4%, which is 1 percentage points higher than the packaging & container industry average of 2.02%. 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. Myers Industries (NYSE:MYE)

Myers Industries (NYSE:MYE) has an annual dividend yield of 3.22%, which is 1 percentage points higher than the packaging & container industry average of 2.02%. Myers Industries's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Myers Industries's dividend has shown consistent growth over the last 10 years.

Myers Industries's dividend payout ratio of 50.5% indicates that its dividend yield is sustainable for the long-term.

Why are packaging & container stocks up?

Packaging & container stocks were up 0.21% in the last day, and up 1.03% 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 36 points higher than the packaging & container industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Sonoco Products Co's stock has gained 1.21% in the past year. It has underperformed other stocks in the packaging & container industry by -16 percentage points.

2. Berry Global Group (NYSE:BERY)

Berry Global Group (NYSE:BERY) is the second most undervalued packaging & container stock based on WallStreetZen's Valuation Score. Berry Global Group has a valuation score of 71, which is 36 points higher than the packaging & container industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Berry Global Group's stock has gained 1.63% in the past year. It has underperformed other stocks in the packaging & container industry by -16 percentage points.

3. Crown Holdings (NYSE:CCK)

Crown Holdings (NYSE:CCK) is the third most undervalued packaging & container stock based on WallStreetZen's Valuation Score. Crown Holdings has a valuation score of 57, which is 22 points higher than the packaging & container industry average of 35. It passed 4 out of 7 valuation due diligence checks.

Crown Holdings's stock has gained 1.68% in the past year. It has underperformed other stocks in the packaging & container industry by -16 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 8.63% 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 24.67x.

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.