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

Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	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
PKG	PACKAGING CORP OF AMERICA	$182.03	$142.97	27.32%	22.64x	15.44x	2.09x	4.06x	0.64x	$861.10M	5.27%	$4.03B	44.89	$18.82B	12.44
SLGN	SILGAN HOLDINGS INC	$47.11	$46.57	1.16%	16.41x	10.35x	0.85x	2.65x	0.54x	$332.36M	6.62%	$1.90B	17.82	$8.60B	10.25
BALL	BALL CORP	$70.53	$275.42	-74.39%	5.27x	16.33x	1.66x	3.00x	0.12x	$35.00M	0.16%	$7.31B	23.20	$25.97B	4.76
SON	SONOCO PRODUCTS CO	$60.24	$84.80	-28.96%	15.14x	9.30x	0.89x	2.45x	0.33x	$594.05M	10.01%	$2.42B	24.57	$9.11B	9.16
AVY	AVERY DENNISON CORP	$226.11	$126.12	79.28%	32.91x	18.80x	2.15x	8.26x	0.90x	$673.80M	3.70%	$2.20B	27.38	$21.27B	17.94
KRT	KARAT PACKAGING INC	$29.27	$28.02	4.45%	19.64x	12.73x	1.44x	3.79x	0.52x	$39.60M	6.77%	$154.40M	7.73	$642.74M	11.28
CCK	CROWN HOLDINGS INC	$84.22	$159.46	-47.18%	24.27x	7.81x	0.86x	4.12x	0.21x	$948.00M	9.32%	$2.47B	20.45	$16.72B	10.63
GPK	GRAPHIC PACKAGING HOLDING CO	$28.06	$19.23	45.90%	12.64x	10.83x	0.93x	3.02x	1.39x	$148.00M	1.72%	$2.86B	9.30	$14.17B	8.11
SEE	SEALED AIR CORP	$38.78	$71.14	-45.49%	15.45x	7.79x	1.03x	9.44x	0.24x	$363.00M	6.46%	$598.30M	4.13	$10.05B	10.45
BERY	BERRY GLOBAL GROUP INC	$59.83	$86.77	-31.05%	13.98x	6.60x	0.56x	2.08x	0.33x	$810.00M	11.83%	$3.29B	28.79	$15.59B	8.97
GEF	GREIF INC	$64.05	$52.07	23.01%	10.97x	N/A	0.58x	1.51x	1.12x	$408.80M	13.64%	$1.99B	42.58	$5.46B	7.29
IP	INTERNATIONAL PAPER CO	$39.71	$60.29	-34.13%	81.04x	6.93x	0.75x	1.67x	0.24x	$835.00M	6.03%	$8.26B	23.69	$20.74B	10.95
MYE	MYERS INDUSTRIES INC	$16.77	$6.55	156.00%	15.67x	N/A	0.78x	2.14x	8.66x	$61.49M	9.86%	$291.65M	7.84	$1.03B	11.49
REYN	REYNOLDS CONSUMER PRODUCTS INC	$29.02	$13.42	116.18%	18.48x	16.77x	1.64x	3.07x	2.11x	$544.00M	8.92%	$1.99B	9.47	$7.88B	11.66
PACK	RANPAK HOLDINGS CORP	$6.71	N/A	N/A	-23.96x	N/A	1.63x	0.99x	N/A	-$100.00k	-0.01%	$560.00M	6.77	$925.69M	13.13
WRK	WESTROCK CO	$52.88	$75.37	-29.84%	44.07x	9.85x	0.70x	1.36x	0.27x	$509.80M	3.74%	$10.07B	39.02	$22.19B	9.65
TRS	TRIMAS CORP	$27.53	N/A	N/A	27.81x	N/A	1.25x	1.67x	N/A	$22.71M	2.01%	$673.22M	16.41	$1.56B	12.28
AMCR	AMCOR PLC	$10.34	$8.11	27.44%	22.93x	12.16x	1.08x	3.79x	0.64x	$838.00M	5.61%	$3.94B	2.73	$22.15B	12.57
DSS	DSS INC	$1.67	N/A	N/A	-0.15x	N/A	0.53x	0.20x	N/A	-$7.16M	-60.66%	$59.86M	8.47	$64.93M	-0.90
OI	O-I GLASS INC	$13.66	N/A	N/A	-8.87x	5.74x	0.31x	1.16x	N/A	-$65.00M	-3.08%	$1.83B	11.84	$6.67B	9.02
OCTO	EIGHTCO HOLDINGS INC	$0.65	N/A	N/A	-0.45x	N/A	0.05x	1.48x	N/A	-$2.62M	-80.67%	$3.85M	0.77	$37.80M	-67.74
MGIH	MILLENNIUM GROUP INTERNATIONAL HOLDINGS LTD	$1.44	N/A	N/A	-48.00x	N/A	0.33x	0.41x	N/A	$7.92M	53.40%	$39.92M	3.88	$2.22M	1.14
PTVE	PACTIV EVERGREEN INC	$13.55	N/A	N/A	-29.46x	8.47x	0.46x	1.81x	N/A	$150.00M	6.18%	$1.34B	7.50	$6.24B	9.08
AMBP	ARDAGH METAL PACKAGING SA	$4.02	N/A	N/A	N/A	6.28x	0.50x	104.46x	N/A	$225.00M	9.35%	$23.00M	0.04	$6.15B	N/A
TUP	TUPPERWARE BRANDS CORP	$1.80	N/A	N/A	-0.22x	N/A	0.07x	-0.16x	N/A	$28.50M	34.22%	-$524.40M	-11.33	$778.26M	-15.38

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.