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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.

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

Silgan Holdings (NYSE:SLGN) is the top packaging & container stock with a Zen Score of 58, which is 27 points higher than the packaging & container industry average of 31. It passed 21 out of 38 due diligence checks and has strong fundamentals. Silgan Holdings has seen its stock lose -9.89% over the past year, underperforming other packaging & container stocks by -20 percentage points.

Silgan Holdings has an average 1 year price target of $52.17, an upside of 16.65% from Silgan Holdings's current stock price of $44.72.

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.

Sealed Air (NYSE:SEE) is the second best packaging & container stock with a Zen Score of 50, which is 19 points higher than the packaging & container industry average of 31. It passed 18 out of 38 due diligence checks and has strong fundamentals. Sealed Air has seen its stock lose -32.94% over the past year, underperforming other packaging & container stocks by -43 percentage points.

Sealed Air has an average 1 year price target of $42.00, an upside of 30.84% from Sealed Air's current stock price of $32.10.

Sealed Air stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Sealed Air, 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.

Avery Dennison (NYSE:AVY) is the third best packaging & container stock with a Zen Score of 50, which is 19 points higher than the packaging & container industry average of 31. It passed 18 out of 38 due diligence checks and has strong fundamentals. Avery Dennison has seen its stock return 24.7% 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 5.91% from Avery Dennison's current stock price of $217.83.

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.

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:

International Paper Co (NYSE:IP) has an annual dividend yield of 5.24%, which is 3 percentage points higher than the packaging & container industry average of 2.15%. 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.

Sonoco Products Co (NYSE:SON) has an annual dividend yield of 3.6%, which is 1 percentage points higher than the packaging & container industry average of 2.15%. 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.

Greif (NYSE:GEF) has an annual dividend yield of 3.36%, which is 1 percentage points higher than the packaging & container industry average of 2.15%. 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.

Packaging & container stocks were up 0.13% in the last day, and up 0.87% over the last week. Amcor was the among the top gainers in the packaging & containers industry, gaining 9.62% yesterday.

Amcor shares are trading higher after the company reported mixed Q3 financial results and updated guidance.

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

Silgan Holdings (NYSE:SLGN) is the most undervalued packaging & container stock based on WallStreetZen's Valuation Score. Silgan Holdings 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.

Silgan Holdings's stock has dropped -9.89% in the past year. It has underperformed other stocks in the packaging & container industry by -20 percentage points.

Sonoco Products Co (NYSE:SON) is the second 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 -8.72% in the past year. It has underperformed other stocks in the packaging & container industry by -19 percentage points.

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 dropped -0.28% in the past year. It has underperformed other stocks in the packaging & container industry by -10 percentage points.