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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 %
PKG
PACKAGING CORP OF AMERICA
$182.030.21%1.95%0.93%9.07%14.92%39.55%17.34%87.60%172.79%$191.27$122.204.83%48.96%0.83633,1269.19%
SLGN
SILGAN HOLDINGS INC
$47.11-0.95%1.40%-0.30%5.98%11.19%-1.53%7.51%56.56%93.15%$49.72$38.115.25%23.62%0.58511,77229.10%
BALL
BALL CORP
$70.530.71%0.92%9.15%13.32%35.71%24.68%-20.42%12.83%137.28%$71.32$42.811.11%64.75%0.821,641,276-15.34%
SON
SONOCO PRODUCTS CO
$60.24-0.59%2.57%6.54%5.30%8.66%1.21%-12.85%-4.49%44.70%$63.74$49.985.49%20.53%0.90432,448-16.47%
AVY
AVERY DENNISON CORP
$226.110.16%0.45%7.02%8.36%19.65%30.48%2.33%119.46%376.72%$228.15$158.930.89%42.27%1.02261,617-19.99%
KRT
KARAT PACKAGING INC
$29.275.25%-0.27%7.33%3.17%39.25%86.31%68.51%N/AN/A$30.94$14.805.40%97.77%0.7847,823-13.35%
CCK
CROWN HOLDINGS INC
$84.22-0.55%0.23%10.52%17.07%0.11%1.68%-24.38%39.11%73.26%$96.35$69.6112.59%20.99%1.08621,463-19.47%
GPK
GRAPHIC PACKAGING HOLDING CO
$28.06-1.47%1.37%1.78%12.83%23.83%8.63%46.37%108.78%169.29%$29.50$20.074.88%39.81%0.812,278,08732.90%
SEE
SEALED AIR CORP
$38.780.41%4.81%21.04%6.07%15.52%-9.65%-31.41%-7.67%20.10%$47.12$28.5017.70%36.07%0.911,722,10810.02%
BERY
BERRY GLOBAL GROUP INC
$59.83-0.47%-2.33%6.04%1.29%-2.30%1.63%-15.13%23.21%157.78%$69.94$53.9214.45%10.96%0.90924,82010.57%
GEF
GREIF INC
$64.050.25%0.68%1.38%2.38%-6.50%1.47%-0.99%69.09%17.16%$76.00$59.3715.72%7.88%1.0290,11513.68%
IP
INTERNATIONAL PAPER CO
$39.71-0.35%1.09%8.00%13.23%16.55%24.80%-38.05%-11.40%-15.22%$41.30$29.013.85%36.91%0.984,493,27725.43%
MYE
MYERS INDUSTRIES INC
$16.774.16%-6.63%-21.56%-14.44%-4.39%-12.01%-23.25%-7.86%-19.88%$23.63$15.6529.03%7.16%1.06383,81712.76%
REYN
REYNOLDS CONSUMER PRODUCTS INC
$29.02-0.45%0.94%3.75%1.47%8.04%2.65%-8.25%N/AN/A$30.54$24.804.98%17.02%0.30356,526-16.52%
PACK
RANPAK HOLDINGS CORP
$6.71-2.33%-6.68%-5.89%43.68%83.84%93.93%-67.27%-34.54%N/A$8.29$2.6319.05%155.13%1.08386,94844.22%
WRK
WESTROCK CO
$52.882.36%2.07%11.33%22.10%36.64%89.81%-14.45%41.24%N/A$52.89$26.850.02%96.95%1.202,046,521-56.81%
TRS
TRIMAS CORP
$27.531.66%4.08%8.47%8.51%11.64%7.46%-17.89%-9.59%-20.57%$29.07$22.595.30%21.87%0.89221,46813.29%
AMCR
AMCOR PLC
$10.34-0.86%1.17%15.66%15.02%10.59%-0.19%-15.87%N/AN/A$10.51$8.451.62%22.37%0.918,701,33853.82%
DSS
DSS INC
$1.671.83%0.60%-8.24%-16.08%-44.48%-60.24%-96.91%-99.74%-99.93%$9.36$1.4082.16%19.29%-0.083,370-61.19%
OI
O-I GLASS INC
$13.66-2.01%1.94%-10.78%-18.98%-8.32%-35.35%-25.72%-22.30%-58.34%$23.57$12.4142.04%10.12%1.371,595,727-22.35%
OCTO
EIGHTCO HOLDINGS INC
$0.65-1.51%13.59%-8.17%-8.04%19.63%-67.56%N/AN/AN/A$2.44$0.4373.28%51.63%1.4722,782-65.58%
MGIH
MILLENNIUM GROUP INTERNATIONAL HOLDINGS LTD
$1.44-1.37%-3.68%13.39%-28.71%32.11%-17.24%N/AN/AN/A$9.57$0.8984.95%61.80%-0.0110,439-76.95%
PTVE
PACTIV EVERGREEN INC
$13.550.15%4.80%-5.44%-8.69%19.70%79.23%-11.78%N/AN/A$15.84$6.8614.46%97.52%0.81193,02015.53%
AMBP
ARDAGH METAL PACKAGING SA
$4.02-0.25%-0.25%20.72%5.24%10.44%11.98%-60.82%N/AN/A$4.17$2.573.60%56.42%0.82731,175-1.22%
TUP
TUPPERWARE BRANDS CORP
$1.80-12.62%45.16%74.76%24.14%5.88%150.00%-93.74%-92.16%-97.85%$5.91$0.6169.54%195.08%1.635,339,967-76.71%

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.