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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
$5.66B$57.64$56.00-2.85%Hold12.21%29.74%N/AN/A
SLGN
SILGAN HOLDINGS INC
$5.02B$47.17$51.679.53%Buy62.39%31.15%N/AN/A
GPK
GRAPHIC PACKAGING HOLDING CO
$8.90B$29.09$27.40-5.81%Buy53.54%6.99%N/AN/A
SEE
SEALED AIR CORP
$5.33B$36.91$40.339.27%Buy3-0.23%79.23%N/AN/A
KRT
KARAT PACKAGING INC
$564.21M$28.25$32.5015.04%Strong Buy26.78%30.71%N/AN/A
AVY
AVERY DENNISON CORP
$18.05B$224.24$224.00-0.11%Buy64.85%47.91%N/AN/A
PKG
PACKAGING CORP OF AMERICA
$16.93B$188.94$164.50-12.94%Buy41.31%32.95%N/AN/A
CCK
CROWN HOLDINGS INC
$9.48B$78.51$96.3622.74%Buy111.72%117.35%N/AN/A
MYE
MYERS INDUSTRIES INC
$856.07M$23.22$30.0029.20%Strong Buy1-5.12%N/AN/AN/A
BERY
BERRY GLOBAL GROUP INC
$7.01B$60.48$73.4421.44%Buy90.56%39.92%N/AN/A
GEF
GREIF INC
$3.23B$68.54$84.5023.29%Strong Buy25.49%N/AN/AN/A
BALL
BALL CORP
$21.19B$67.14$65.50-2.44%Hold10-1.71%68.52%N/AN/A
IP
INTERNATIONAL PAPER CO
$13.64B$39.39$39.20-0.48%Buy5-0.66%257.87%N/AN/A
REYN
REYNOLDS CONSUMER PRODUCTS INC
$6.04B$28.77$29.602.88%Hold5-1.00%19.86%N/AN/A
TRS
TRIMAS CORP
$1.09B$26.48N/AN/AN/AN/A12.39%N/AN/AN/A
PACK
RANPAK HOLDINGS CORP
$640.32M$7.75$7.50-3.23%Buy2N/AN/AN/AN/A
AMCR
AMCOR PLC
$13.70B$9.48$10.005.49%Hold11.30%41.10%N/AN/A
WRK
WESTROCK CO
$12.64B$49.20$43.75-11.08%Hold40.11%N/AN/AN/A
MGIH
MILLENNIUM GROUP INTERNATIONAL HOLDINGS LTD
$14.29M$1.27N/AN/AN/AN/AN/AN/AN/AN/A
DSS
DSS INC
$13.14M$1.86N/AN/AN/AN/AN/AN/AN/AN/A
OI
O-I GLASS INC
$2.49B$16.19$21.2030.95%Buy52.80%N/AN/AN/A
PTVE
PACTIV EVERGREEN INC
$2.52B$14.13$16.4316.27%Strong Buy7-4.30%N/AN/AN/A
OCTO
EIGHTCO HOLDINGS INC
$3.43M$0.79N/AN/AN/AN/AN/AN/AN/AN/A
TUP
TUPPERWARE BRANDS CORP
$64.31M$1.39N/AN/AN/AN/AN/AN/AN/AN/A
AMBP
ARDAGH METAL PACKAGING SA
$2.03B$3.39$3.7811.50%Hold54.22%N/AN/AN/A

Packaging & Container Stocks FAQ

What are the best packaging & container stocks to buy right now in Mar 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 31 points higher than the packaging & container industry average of 32. It passed 23 out of 38 due diligence checks and has strong fundamentals. Sonoco Products Co has seen its stock lose -2.19% over the past year, underperforming other packaging & container stocks by -20 percentage points.

Sonoco Products Co has an average 1 year price target of $56.00, a downside of -2.85% from Sonoco Products Co's current stock price of $57.64.

Sonoco Products Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Sonoco Products Co, 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. Silgan Holdings (NYSE:SLGN)


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 -8.59% over the past year, underperforming other packaging & container stocks by -26 percentage points.

Silgan Holdings has an average 1 year price target of $51.67, an upside of 9.53% from Silgan Holdings's current stock price of $47.17.

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 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 17.2% over the past year.

Graphic Packaging Holding Co has an average 1 year price target of $27.40, a downside of -5.81% from Graphic Packaging Holding Co's current stock price of $29.09.

Graphic Packaging Holding Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Graphic Packaging Holding Co, 40% have issued a Strong Buy rating, 20% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 20% 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 4.7%, which is 3 percentage points higher than the packaging & container industry average of 2.05%. 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 3.54%, which is 1 percentage points higher than the packaging & container industry average of 2.05%. 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. Reynolds Consumer Products (NASDAQ:REYN)


Reynolds Consumer Products (NASDAQ:REYN) has an annual dividend yield of 3.2%, which is 1 percentage points higher than the packaging & container industry average of 2.05%.

Reynolds Consumer Products's dividend payout ratio of 64.8% indicates that its dividend yield is sustainable for the long-term.

Why are packaging & container stocks up?

Packaging & container stocks were up 1.7% in the last day, and up 2.91% 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. 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 gained 6.48% in the past year. It has underperformed other stocks in the packaging & container industry by -11 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 -2.19% in the past year. It has underperformed other stocks in the packaging & container industry by -20 percentage points.

3. Silgan Holdings (NYSE:SLGN)


Silgan Holdings (NYSE:SLGN) is the third most undervalued packaging & container stock based on WallStreetZen's Valuation Score. Silgan Holdings 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.

Silgan Holdings's stock has dropped -8.59% in the past year. It has underperformed other stocks in the packaging & container industry by -26 percentage points.

Are packaging & container stocks a good buy now?

50% of packaging & container stocks rated by analysts are a buy right now. On average, analysts expect packaging & container stocks to rise by 3.64% 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 20.28x.
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