WallStreetZenWallStreetZen

Sectors & IndustriesConsumer 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
Ticker
Company
Forecast Score
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$22.0037.50%Strong Buy112.28%30.93%N/AN/A
MYE
MYERS INDUSTRIES INC
$730.79M$19.89$23.7519.41%Hold1N/AN/A26.32%12.55%
IP
INTERNATIONAL PAPER CO
$10.54B$30.38$39.3829.61%Hold84.92%22.10%23.71%8.37%
GEF
GREIF INC
$2.94B$61.83$66.006.74%Hold1N/AN/A17.70%5.74%
CCK
CROWN HOLDINGS INC
$9.65B$80.37$94.8818.05%Buy88.08%45.31%N/AN/A
UFPT
UFP TECHNOLOGIES INC
$1.22B$159.86$171.006.97%Strong Buy1N/AN/AN/AN/A
PKG
PACKAGING CORP OF AMERICA
$11.52B$128.08$137.006.96%Buy46.71%5.82%28.22%13.17%
SON
SONOCO PRODUCTS CO
$6.04B$61.68$70.7514.70%Strong Buy42.30%12.83%N/AN/A
SEE
SEALED AIR CORP
$5.74B$39.72$53.6335.01%Hold86.07%24.05%N/AN/A
GPK
GRAPHIC PACKAGING HOLDING CO
$7.68B$25.00$30.4021.60%Strong Buy50.35%10.29%N/AN/A
SLGN
SILGAN HOLDINGS INC
$5.05B$45.76$57.0024.56%Buy83.80%19.30%N/AN/A
PTVE
PACTIV EVERGREEN INC
$1.28B$7.20$11.7563.19%Strong Buy46.07%43.59%20.29%4.05%
ATR
APTARGROUP INC
$7.48B$114.16$136.2519.35%Strong Buy45.91%13.65%N/AN/A
AMBP
ARDAGH METAL PACKAGING SA
$2.35B$3.94$5.0828.81%Buy618.58%78.57%103.36%6.76%
BERY
BERRY GLOBAL GROUP INC
$7.14B$59.94$71.0018.45%Buy93.60%18.73%N/AN/A
OI
O-I GLASS INC
$3.41B$21.99$26.0018.24%Buy80.14%-27.52%N/AN/A
BALL
BALL CORP
$17.12B$54.44$58.146.80%Hold76.35%73.21%N/AN/A
REYN
REYNOLDS CONSUMER PRODUCTS INC
$5.89B$28.04$30.679.37%Hold64.96%54.21%19.91%7.47%
AMCR
AMCOR PLC
$14.67B$9.97$10.000.30%Sell21.65%10.06%N/AN/A
RTC
BAIJIAYUN GROUP LTD
$665.26M$7.94N/AN/AN/AN/AN/AN/AN/AN/A
PACK
RANPAK HOLDINGS CORP
$285.13M$3.46$6.0073.41%Buy1N/AN/AN/AN/A
TUP
TUPPERWARE BRANDS CORP
$41.81M$0.94$3.00219.15%Hold1N/AN/A-54.01%8.99%
OCTO
EIGHTCO HOLDINGS INC
$4.32M$1.82N/AN/AN/AN/AN/AN/AN/AN/A
WRK
WESTROCK CO
$7.39B$28.86$35.7123.75%Buy73.90%N/A14.26%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.