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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
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
SON
SONOCO PRODUCTS CO
$5.51B$56.13$60.507.79%Buy22.21%29.74%N/AN/A
SLGN
SILGAN HOLDINGS INC
$5.03B$47.23$52.1710.45%Buy62.39%31.15%N/AN/A
GPK
GRAPHIC PACKAGING HOLDING CO
$8.29B$27.08$28.334.63%Hold33.54%6.99%N/AN/A
SEE
SEALED AIR CORP
$4.55B$31.48$42.0033.42%Strong Buy3-0.19%79.23%N/AN/A
KRT
KARAT PACKAGING INC
$543.04M$27.19$32.5019.53%Strong Buy28.20%30.71%N/AN/A
AVY
AVERY DENNISON CORP
$17.01B$211.33$227.337.57%Buy64.85%47.91%N/AN/A
PKG
PACKAGING CORP OF AMERICA
$15.31B$170.88$181.005.92%Buy31.36%32.95%N/AN/A
MYE
MYERS INDUSTRIES INC
$811.83M$22.02$30.0036.24%Strong Buy1-5.12%N/AN/AN/A
BERY
BERRY GLOBAL GROUP INC
$6.53B$56.37$71.5026.84%Buy80.57%39.92%N/AN/A
IP
INTERNATIONAL PAPER CO
$11.92B$34.41$41.0019.15%Strong Buy4-0.59%257.87%N/AN/A
GEF
GREIF INC
$2.93B$62.12$80.0028.78%Strong Buy35.36%N/AN/AN/A
CCK
CROWN HOLDINGS INC
$9.49B$78.60$93.6019.08%Buy101.67%117.35%N/AN/A
BALL
BALL CORP
$20.67B$65.50$66.000.76%Hold10-3.73%68.52%N/AN/A
REYN
REYNOLDS CONSUMER PRODUCTS INC
$6.01B$28.63$29.753.91%Hold4-1.00%19.86%N/AN/A
TRS
TRIMAS CORP
$1.08B$26.25N/AN/AN/AN/A12.39%N/AN/AN/A
AMCR
AMCOR PLC
$12.98B$8.98$10.0011.36%Hold11.19%41.10%N/AN/A
PACK
RANPAK HOLDINGS CORP
$614.70M$7.44$8.5014.25%Buy2N/AN/AN/AN/A
WRK
WESTROCK CO
$12.10B$47.10$43.75-7.11%Hold40.11%N/AN/AN/A
MGIH
MILLENNIUM GROUP INTERNATIONAL HOLDINGS LTD
$15.98M$1.42N/AN/AN/AN/AN/AN/AN/AN/A
OI
O-I GLASS INC
$2.28B$14.85$20.0034.68%Buy52.83%N/AN/AN/A
DSS
DSS INC
$12.23M$1.73N/AN/AN/AN/AN/AN/AN/AN/A
PTVE
PACTIV EVERGREEN INC
$2.68B$15.00$16.7111.43%Strong Buy7-4.30%N/AN/AN/A
OCTO
EIGHTCO HOLDINGS INC
$5.30M$0.62N/AN/AN/AN/AN/AN/AN/AN/A
TUP
TUPPERWARE BRANDS CORP
$48.86M$1.05N/AN/AN/AN/AN/AN/AN/AN/A
AMBP
ARDAGH METAL PACKAGING SA
$2.22B$3.71$3.740.86%Hold64.22%N/AN/AN/A

Packaging & Container Stocks FAQ

What are the best packaging & container stocks to buy right now in Apr 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 32 points higher than the packaging & container industry average of 31. It passed 23 out of 38 due diligence checks and has strong fundamentals. Sonoco Products Co has seen its stock lose -9.23% over the past year, underperforming other packaging & container stocks by -16 percentage points.

Sonoco Products Co has an average 1 year price target of $60.50, an upside of 7.79% from Sonoco Products Co's current stock price of $56.13.

Sonoco Products Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Sonoco Products Co, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% 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 24 points higher than the packaging & container industry average of 31. It passed 20 out of 38 due diligence checks and has strong fundamentals. Silgan Holdings has seen its stock lose -13% over the past year, underperforming other packaging & container stocks by -20 percentage points.

Silgan Holdings has an average 1 year price target of $52.17, an upside of 10.45% from Silgan Holdings's current stock price of $47.23.

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 23 points higher than the packaging & container industry average of 31. It passed 20 out of 38 due diligence checks and has strong fundamentals. Graphic Packaging Holding Co has seen its stock return 9.99% over the past year, overperforming other packaging & container stocks by 3 percentage points.

Graphic Packaging Holding Co has an average 1 year price target of $28.33, an upside of 4.63% from Graphic Packaging Holding Co's current stock price of $27.08.

Graphic Packaging Holding Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Graphic Packaging Holding Co, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 33.33% 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 5.38%, which is 3 percentage points higher than the packaging & container industry average of 2.18%. 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 3.63%, which is 1 percentage points higher than the packaging & container industry average of 2.18%. 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. Greif (NYSE:GEF)


Greif (NYSE:GEF) has an annual dividend yield of 3.32%, which is 1 percentage points higher than the packaging & container industry average of 2.18%. Greif's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Greif's dividend has shown consistent growth over the last 10 years.

Greif's dividend payout ratio of 34.9% indicates that its dividend yield is sustainable for the long-term.

Why are packaging & container stocks down?

Packaging & container stocks were down -0.85% in the last day, and down -0.42% over the last week. Packaging Of America was the among the top losers in the packaging & containers industry, dropping -4.69% yesterday.

Packaging Corporation of America shares are trading lower after the company reported Q1 financial results.

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 dropped -2.83% in the past year. It has underperformed other stocks in the packaging & container industry by -10 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 -9.23% in the past year. It has underperformed other stocks in the packaging & container industry by -16 percentage points.

3. Sealed Air (NYSE:SEE)


Sealed Air (NYSE:SEE) is the third most undervalued packaging & container stock based on WallStreetZen's Valuation Score. Sealed Air 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.

Sealed Air's stock has dropped -32.71% in the past year. It has underperformed other stocks in the packaging & container industry by -40 percentage points.

Are packaging & container stocks a good buy now?

40% of packaging & container stocks rated by analysts are a buy right now. On average, analysts expect packaging & container stocks to rise by 12.04% 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 18.65x.
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