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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.

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

Sonoco Products Co (NYSE:SON) is the top packaging & container stock with a Zen Score of 61, which is 29 points higher than the packaging & container industry average of 32. It passed 22 out of 38 due diligence checks and has strong fundamentals. Sonoco Products Co has seen its stock lose -7.52% over the past year, underperforming other packaging & container stocks by -18 percentage points.

Sonoco Products Co has an average 1 year price target of $60.50, an upside of 7.69% from Sonoco Products Co's current stock price of $56.18.

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.

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 -11.93% over the past year, underperforming other packaging & container stocks by -23 percentage points.

Silgan Holdings has an average 1 year price target of $52.17, an upside of 10.95% from Silgan Holdings's current stock price of $47.02.

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.

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 12.16% over the past year, overperforming other packaging & container stocks by 1 percentage points.

Graphic Packaging Holding Co has an average 1 year price target of $28.33, an upside of 3.78% from Graphic Packaging Holding Co's current stock price of $27.30.

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.

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:

International Paper Co (NYSE:IP) has an annual dividend yield of 5.52%, which is 3 percentage points higher than the packaging & container industry average of 2.19%. 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.

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 2.19%. 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.

Greif (NYSE:GEF) has an annual dividend yield of 3.35%, which is 1 percentage points higher than the packaging & container industry average of 2.19%. 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.

Packaging & container stocks were down -0.11% in the last day, and up 0.69% over the last week. International Paper Co was the among the top losers in the packaging & containers industry, dropping -2.64% yesterday.

International Paper Company shares are trading lower after the company reported worse-than-expected Q1 adjusted EPS results. Also, the company announced that its incurred a $52 million impairment charge in Q1 due to January freeze and the Ixtac, Mexico fire

Based on WallStreetZen's Valuation Score, the 3 most undervalued packaging & container stocks right now are:

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 0.14% in the past year. It has underperformed other stocks in the packaging & container industry by -11 percentage points.

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 -7.52% in the past year. It has underperformed other stocks in the packaging & container industry by -18 percentage points.

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 -32.33% in the past year. It has underperformed other stocks in the packaging & container industry by -43 percentage points.