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Sectors & IndustriesConsumer 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
Ticker
Company
Price
Valuation Score
Graham Fair Value
Graham Fair Value %
P/E
Forward P/E
P/S
P/B
PEG
Free Cash Flow
Free Cash Flow Yield
Book Value
BVPS
EV
EV/EBITDA
SON
SONOCO PRODUCTS CO
$57.84$71.76-19.40%11.98x8.93x0.84x2.34x0.45x$600.18M10.56%$2.42B24.66$8.87B8.05
SLGN
SILGAN HOLDINGS INC
$48.56$45.905.79%16.19x10.67x0.86x2.74x0.58x$255.79M4.95%$1.89B17.74$7.96B9.26
GPK
GRAPHIC PACKAGING HOLDING CO
$29.18$18.0761.46%12.42x11.27x0.95x3.21x1.97x$340.00M3.81%$2.78B9.09$14.14B7.90
SEE
SEALED AIR CORP
$37.20$72.16-48.45%15.70x7.47x0.98x9.78x0.22x$272.00M5.06%$549.50M3.81$9.82B10.57
KRT
KARAT PACKAGING INC
$28.61$26.478.10%17.55x12.44x1.40x3.71x0.57x$45.39M7.97%$154.12M7.74$618.28M10.29
AVY
AVERY DENNISON CORP
$223.25$128.2274.11%35.83x18.56x2.15x8.45x0.83x$541.90M3.01%$2.13B26.37$21.00B18.89
PKG
PACKAGING CORP OF AMERICA
$189.78$135.2040.37%22.27x16.10x2.18x4.26x0.75x$845.40M4.97%$4.00B44.60$19.53B12.32
CCK
CROWN HOLDINGS INC
$79.26$160.06-50.48%21.02x7.35x0.80x3.97x0.20x$677.00M7.07%$2.41B19.95$15.96B9.93
MYE
MYERS INDUSTRIES INC
$23.17$13.5071.67%17.42xN/A1.05x2.92x1.31x$63.58M7.44%$292.80M7.94$919.43M9.66
BERY
BERRY GLOBAL GROUP INC
$60.48$85.26-29.06%12.81x6.68x0.56x2.11x0.36x$988.00M14.10%$3.33B28.71$15.77B8.68
GEF
GREIF INC
$69.05$52.0732.62%11.82xN/A0.63x1.63x1.21x$408.80M12.65%$1.99B42.58$5.70B7.61
BALL
BALL CORP
$67.36$60.9210.57%29.94x15.59x1.51x5.64x0.49x$818.00M3.86%$3.77B11.97$29.14B14.75
IP
INTERNATIONAL PAPER CO
$39.02$71.98-45.79%47.01x6.81x0.71x1.62x0.20x$696.00M5.15%$8.36B24.12$20.42B10.16
REYN
REYNOLDS CONSUMER PRODUCTS INC
$28.56$16.6871.25%20.11x16.51x1.60x3.02x1.13x$540.00M9.00%$1.98B9.44$7.77B12.22
TRS
TRIMAS CORP
$26.73N/AN/A27.56xN/A1.24x1.61xN/A$34.45M3.11%$682.95M16.48$1.51B12.13
PACK
RANPAK HOLDINGS CORP
$7.87N/AN/A-23.85xN/A1.93x1.14xN/A$200.00k0.03%$572.00M6.94$1.02B16.25
AMCR
AMCOR PLC
$9.51$8.1516.70%21.52x11.19x0.98x3.47x0.58x$856.00M6.23%$3.96B2.74$20.88B12.03
WRK
WESTROCK CO
$49.45N/AN/A-7.37x9.21x0.64x1.25xN/A$760.40M5.98%$10.15B39.49$20.92B112.04
MGIH
MILLENNIUM GROUP INTERNATIONAL HOLDINGS LTD
$1.48N/AN/A-49.33xN/A0.33x0.42xN/A$7.92M51.96%$39.92M3.88$2.67M1.37
DSS
DSS INC
$1.81N/AN/A-0.16xN/A0.42x0.20xN/A-$19.76M-156.08%$63.93M9.14$69.01M-0.92
OI
O-I GLASS INC
$16.59N/AN/A-24.76x6.97x0.36x1.58xN/A$130.00M5.10%$1.61B10.47$6.58B7.53
PTVE
PACTIV EVERGREEN INC
$14.32N/AN/A-11.37x8.95x0.46x1.90xN/A$249.00M9.74%$1.35B7.53$6.26B10.11
OCTO
EIGHTCO HOLDINGS INC
$0.79N/AN/A-0.22xN/A0.04x1.13xN/A-$8.36M-303.03%$3.04M0.87$32.13M-0.55
TUP
TUPPERWARE BRANDS CORP
$1.34N/AN/A-0.26xN/A0.05x-0.14xN/A-$59.00M-95.15%-$429.80M-9.29$718.50M7.89
AMBP
ARDAGH METAL PACKAGING SA
$3.43N/AN/A-28.58x5.36x0.43x20.50xN/A$249.00M12.16%$100.00M0.17$5.34B70.27

Packaging & Container Stocks FAQ

What are the best packaging & container stocks to buy right now in Mar 2024?

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

1. Sonoco Products Co (NYSE:SON)


Sonoco Products Co (NYSE:SON) is the top packaging & container stock with a Zen Score of 63, which is 31 points higher than the packaging & container industry average of 32. It passed 23 out of 38 due diligence checks and has strong fundamentals. Sonoco Products Co has seen its stock lose -2.64% over the past year, underperforming other packaging & container stocks by -19 percentage points.

Sonoco Products Co has an average 1 year price target of $56.00, a downside of -3.18% from Sonoco Products Co's current stock price of $57.84.

Sonoco Products Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Sonoco Products Co, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% 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 55, which is 23 points higher than the packaging & container industry average of 32. It passed 20 out of 38 due diligence checks and has strong fundamentals. Silgan Holdings has seen its stock lose -7.03% over the past year, underperforming other packaging & container stocks by -24 percentage points.

Silgan Holdings has an average 1 year price target of $51.67, an upside of 6.4% from Silgan Holdings's current stock price of $48.56.

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. Graphic Packaging Holding Co (NYSE:GPK)


Graphic Packaging Holding Co (NYSE:GPK) is the third best packaging & container stock with a Zen Score of 54, which is 22 points higher than the packaging & container industry average of 32. It passed 20 out of 38 due diligence checks and has strong fundamentals. Graphic Packaging Holding Co has seen its stock return 16.02% over the past year, underperforming other packaging & container stocks by -1 percentage points.

Graphic Packaging Holding Co has an average 1 year price target of $27.40, a downside of -6.1% from Graphic Packaging Holding Co's current stock price of $29.18.

Graphic Packaging Holding Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Graphic Packaging Holding Co, 40% have issued a Strong Buy rating, 20% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 20% 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 4.74%, which is 3 percentage points higher than the packaging & container industry average of 2.04%. 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 167.2% 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 3.53%, which is 1 percentage points higher than the packaging & container industry average of 2.04%. 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 42.2% indicates that its dividend yield is sustainable for the long-term.

3. Reynolds Consumer Products (NASDAQ:REYN)


Reynolds Consumer Products (NASDAQ:REYN) has an annual dividend yield of 3.22%, which is 1 percentage points higher than the packaging & container industry average of 2.04%.

Reynolds Consumer Products's dividend payout ratio of 64.8% indicates that its dividend yield is sustainable for the long-term.

Why are packaging & container stocks up?

Packaging & container stocks were up 0.4% in the last day, and up 2.48% 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. Berry Global Group (NYSE:BERY)


Berry Global Group (NYSE:BERY) is the most undervalued packaging & container stock based on WallStreetZen's Valuation Score. Berry Global Group has a valuation score of 71, which is 40 points higher than the packaging & container industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Berry Global Group's stock has gained 5.62% in the past year. It has underperformed other stocks in the packaging & container industry by -11 percentage points.

2. Sonoco Products Co (NYSE:SON)


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 40 points higher than the packaging & container industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Sonoco Products Co's stock has dropped -2.64% in the past year. It has underperformed other stocks in the packaging & container industry by -19 percentage points.

3. Silgan Holdings (NYSE:SLGN)


Silgan Holdings (NYSE:SLGN) is the third most undervalued packaging & container stock based on WallStreetZen's Valuation Score. Silgan Holdings has a valuation score of 57, which is 26 points higher than the packaging & container industry average of 31. It passed 4 out of 7 valuation due diligence checks.

Silgan Holdings's stock has dropped -7.03% in the past year. It has underperformed other stocks in the packaging & container industry by -24 percentage points.

Are packaging & container stocks a good buy now?

50% of packaging & container stocks rated by analysts are a buy right now. On average, analysts expect packaging & container stocks to rise by 3.25% 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 20.19x.
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.