Sectors & Industries Consumer CyclicalPackaging & Containers
Best Packaging & Container Stocks to Buy Now (2023)
Top packaging & container stocks in 2023 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	Market Cap	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
KRT	KARAT PACKAGING INC	$318.20M	$16.00	$22.00	37.50%	Strong Buy	1	12.28%	30.93%	N/A	N/A
MYE	MYERS INDUSTRIES INC	$730.79M	$19.89	$23.75	19.41%	Hold	1	N/A	N/A	26.32%	12.55%
IP	INTERNATIONAL PAPER CO	$10.54B	$30.38	$39.38	29.61%	Hold	8	4.92%	22.10%	23.71%	8.37%
GEF	GREIF INC	$2.94B	$61.83	$66.00	6.74%	Hold	1	N/A	N/A	17.70%	5.74%
CCK	CROWN HOLDINGS INC	$9.65B	$80.37	$94.88	18.05%	Buy	8	8.08%	45.31%	N/A	N/A
UFPT	UFP TECHNOLOGIES INC	$1.22B	$159.86	$171.00	6.97%	Strong Buy	1	N/A	N/A	N/A	N/A
PKG	PACKAGING CORP OF AMERICA	$11.52B	$128.08	$137.00	6.96%	Buy	4	6.71%	5.82%	28.22%	13.17%
SON	SONOCO PRODUCTS CO	$6.04B	$61.68	$70.75	14.70%	Strong Buy	4	2.30%	12.83%	N/A	N/A
SEE	SEALED AIR CORP	$5.74B	$39.72	$53.63	35.01%	Hold	8	6.07%	24.05%	N/A	N/A
GPK	GRAPHIC PACKAGING HOLDING CO	$7.68B	$25.00	$30.40	21.60%	Strong Buy	5	0.35%	10.29%	N/A	N/A
SLGN	SILGAN HOLDINGS INC	$5.05B	$45.76	$57.00	24.56%	Buy	8	3.80%	19.30%	N/A	N/A
PTVE	PACTIV EVERGREEN INC	$1.28B	$7.20	$11.75	63.19%	Strong Buy	4	6.07%	43.59%	20.29%	4.05%
ATR	APTARGROUP INC	$7.48B	$114.16	$136.25	19.35%	Strong Buy	4	5.91%	13.65%	N/A	N/A
AMBP	ARDAGH METAL PACKAGING SA	$2.35B	$3.94	$5.08	28.81%	Buy	6	18.58%	78.57%	103.36%	6.76%
BERY	BERRY GLOBAL GROUP INC	$7.14B	$59.94	$71.00	18.45%	Buy	9	3.60%	18.73%	N/A	N/A
OI	O-I GLASS INC	$3.41B	$21.99	$26.00	18.24%	Buy	8	0.14%	-27.52%	N/A	N/A
BALL	BALL CORP	$17.12B	$54.44	$58.14	6.80%	Hold	7	6.35%	73.21%	N/A	N/A
REYN	REYNOLDS CONSUMER PRODUCTS INC	$5.89B	$28.04	$30.67	9.37%	Hold	6	4.96%	54.21%	19.91%	7.47%
AMCR	AMCOR PLC	$14.67B	$9.97	$10.00	0.30%	Sell	2	1.65%	10.06%	N/A	N/A
RTC	BAIJIAYUN GROUP LTD	$665.26M	$7.94	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
PACK	RANPAK HOLDINGS CORP	$285.13M	$3.46	$6.00	73.41%	Buy	1	N/A	N/A	N/A	N/A
TUP	TUPPERWARE BRANDS CORP	$41.81M	$0.94	$3.00	219.15%	Hold	1	N/A	N/A	-54.01%	8.99%
OCTO	EIGHTCO HOLDINGS INC	$4.32M	$1.82	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
WRK	WESTROCK CO	$7.39B	$28.86	$35.71	23.75%	Buy	7	3.90%	N/A	14.26%	4.88%

Packaging & Container Stocks FAQ

What are the best packaging & container stocks to buy right now in Jun 2023?

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

1. Myers Industries (NYSE:MYE)

Myers Industries (NYSE:MYE) is the top packaging & container stock with a Zen Score of 59, which is 19 points higher than the packaging & container industry average of 40. It passed 21 out of 38 due diligence checks and has strong fundamentals. Myers Industries has seen its stock lose -20.82% over the past year, underperforming other packaging & container stocks by -14 percentage points.

Myers Industries has an average 1 year price target of $23.75, an upside of 19.41% from Myers Industries's current stock price of $19.89.

Myers Industries stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Myers Industries, 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. Karat Packaging (NASDAQ:KRT)

Karat Packaging (NASDAQ:KRT) is the second best packaging & container stock with a Zen Score of 59, which is 19 points higher than the packaging & container industry average of 40. It passed 19 out of 33 due diligence checks and has strong fundamentals. Karat Packaging has seen its stock lose -16.84% over the past year, underperforming other packaging & container stocks by -10 percentage points.

Karat Packaging has an average 1 year price target of $22.00, an upside of 37.5% from Karat Packaging's current stock price of $16.00.

Karat Packaging stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Karat Packaging, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. International Paper Co (NYSE:IP)

International Paper Co (NYSE:IP) is the third best packaging & container stock with a Zen Score of 56, which is 16 points higher than the packaging & container industry average of 40. It passed 20 out of 38 due diligence checks and has strong fundamentals. International Paper Co has seen its stock lose -36.04% over the past year, underperforming other packaging & container stocks by -30 percentage points.

International Paper Co has an average 1 year price target of $39.38, an upside of 29.61% from International Paper Co's current stock price of $30.38.

International Paper Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 8 analysts covering International Paper Co, 12.5% have issued a Strong Buy rating, 12.5% have issued a Buy, 62.5% have issued a hold, while 0% have issued a Sell rating, and 12.5% have issued a Strong Sell.

What are the packaging & container stocks with highest dividends?

Out of 14 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 6.09%, which is 3 percentage points higher than the packaging & container industry average of 2.73%. 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 49.9% indicates that its high dividend yield is sustainable for the long-term.

2. Packaging Of America (NYSE:PKG)

Packaging Of America (NYSE:PKG) has an annual dividend yield of 3.9%, which is 1 percentage points higher than the packaging & container industry average of 2.73%. Packaging Of America's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Packaging Of America's dividend has shown consistent growth over the last 10 years.

Packaging Of America's dividend payout ratio of 47.7% indicates that its dividend yield is sustainable for the long-term.

3. Westrock Co (NYSE:WRK)

Westrock Co (NYSE:WRK) has an annual dividend yield of 3.72%, which is 1 percentage points higher than the packaging & container industry average of 2.73%. Westrock Co's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Westrock Co's dividend has not shown consistent growth over the last 10 years.

Westrock Co's dividend payout ratio of -21.6% indicates that its dividend yield might not be sustainable for the long-term.

Why are packaging & container stocks up?

Packaging & container stocks were up 2.97% in the last day, and up 1.25% 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. Pactiv Evergreen (NASDAQ:PTVE)

Pactiv Evergreen (NASDAQ:PTVE) is the most undervalued packaging & container stock based on WallStreetZen's Valuation Score. Pactiv Evergreen has a valuation score of 100, which is 57 points higher than the packaging & container industry average of 43. It passed 7 out of 7 valuation due diligence checks.

Pactiv Evergreen's stock has dropped -31.17% in the past year. It has underperformed other stocks in the packaging & container industry by -25 percentage points.

2. Karat Packaging (NASDAQ:KRT)

Karat Packaging (NASDAQ:KRT) is the second most undervalued packaging & container stock based on WallStreetZen's Valuation Score. Karat Packaging has a valuation score of 71, which is 28 points higher than the packaging & container industry average of 43. It passed 5 out of 7 valuation due diligence checks.

Karat Packaging's stock has dropped -16.84% in the past year. It has underperformed other stocks in the packaging & container industry by -10 percentage points.

3. International Paper Co (NYSE:IP)

International Paper Co (NYSE:IP) is the third most undervalued packaging & container stock based on WallStreetZen's Valuation Score. International Paper Co has a valuation score of 71, which is 28 points higher than the packaging & container industry average of 43. It passed 5 out of 7 valuation due diligence checks.

International Paper Co's stock has dropped -36.04% in the past year. It has underperformed other stocks in the packaging & container industry by -30 percentage points.

Are packaging & container stocks a good buy now?

36.36% of packaging & container stocks rated by analysts are a buy right now. On average, analysts expect packaging & container stocks to rise by 15.76% 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 16.46x.

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.

Packaging & Container Stocks FAQ

1. Myers Industries (NYSE:MYE)

2. Karat Packaging (NASDAQ:KRT)

3. International Paper Co (NYSE:IP)

1. International Paper Co (NYSE:IP)

2. Packaging Of America (NYSE:PKG)

3. Westrock Co (NYSE:WRK)

1. Pactiv Evergreen (NASDAQ:PTVE)

2. Karat Packaging (NASDAQ:KRT)

3. International Paper Co (NYSE:IP)

Company

Stock Tools

Stock Ideas