Sectors & Industries Consumer CyclicalPackaging & Containers
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

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
PKG	PACKAGING CORP OF AMERICA	$16.35B	$182.03	$186.33	2.36%	Strong Buy	3	3.07%	39.03%	N/A	N/A
SLGN	SILGAN HOLDINGS INC	$5.03B	$47.11	$52.00	10.38%	Buy	6	3.29%	34.09%	N/A	N/A
BALL	BALL CORP	$21.89B	$70.53	$69.08	-2.05%	Hold	12	-2.80%	N/A	N/A	N/A
SON	SONOCO PRODUCTS CO	$5.92B	$60.24	$61.00	1.26%	Buy	2	2.91%	50.21%	N/A	N/A
AVY	AVERY DENNISON CORP	$18.21B	$226.11	$232.50	2.83%	Buy	8	3.99%	40.85%	N/A	N/A
KRT	KARAT PACKAGING INC	$584.67M	$29.27	$32.50	11.04%	Strong Buy	2	7.20%	38.05%	N/A	N/A
CCK	CROWN HOLDINGS INC	$10.17B	$84.22	$95.56	13.46%	Buy	9	1.99%	128.45%	N/A	N/A
GPK	GRAPHIC PACKAGING HOLDING CO	$8.62B	$28.06	$28.33	0.97%	Hold	3	2.92%	10.08%	N/A	N/A
SEE	SEALED AIR CORP	$5.65B	$38.78	$41.00	5.72%	Strong Buy	3	0.42%	72.55%	N/A	N/A
BERY	BERRY GLOBAL GROUP INC	$6.84B	$59.83	$72.56	21.27%	Buy	9	1.33%	46.93%	N/A	N/A
GEF	GREIF INC	$3.02B	$64.05	$80.00	24.90%	Strong Buy	3	5.36%	N/A	N/A	N/A
IP	INTERNATIONAL PAPER CO	$13.79B	$39.71	$41.00	3.25%	Strong Buy	4	1.45%	373.16%	N/A	N/A
MYE	MYERS INDUSTRIES INC	$623.56M	$16.77	$30.00	78.89%	Strong Buy	1	-4.11%	N/A	N/A	N/A
REYN	REYNOLDS CONSUMER PRODUCTS INC	$6.10B	$29.02	$30.00	3.38%	Hold	5	-0.36%	9.72%	N/A	N/A
PACK	RANPAK HOLDINGS CORP	$556.89M	$6.71	$9.00	34.13%	Buy	2	N/A	N/A	N/A	N/A
WRK	WESTROCK CO	$13.65B	$52.88	$49.20	-6.96%	Hold	5	1.65%	181.96%	N/A	N/A
TRS	TRIMAS CORP	$1.12B	$27.53	$40.00	45.30%	Buy	1	11.74%	N/A	N/A	N/A
AMCR	AMCOR PLC	$14.94B	$10.34	$10.00	-3.29%	Strong Buy	1	1.83%	39.69%	N/A	N/A
DSS	DSS INC	$11.80M	$1.67	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
OI	O-I GLASS INC	$2.13B	$13.66	$19.25	40.92%	Buy	8	3.67%	N/A	N/A	N/A
OCTO	EIGHTCO HOLDINGS INC	$5.71M	$0.65	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
MGIH	MILLENNIUM GROUP INTERNATIONAL HOLDINGS LTD	$16.20M	$1.44	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
PTVE	PACTIV EVERGREEN INC	$2.43B	$13.55	$16.71	23.35%	Strong Buy	7	-0.31%	N/A	N/A	N/A
AMBP	ARDAGH METAL PACKAGING SA	$2.40B	$4.02	$3.74	-6.92%	Hold	6	3.66%	N/A	N/A	N/A
TUP	TUPPERWARE BRANDS CORP	$83.76M	$1.80	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Packaging & Container Stocks FAQ

What are the best packaging & container stocks to buy right now in May 2024?

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

1. Packaging Of America (NYSE:PKG)

Packaging Of America (NYSE:PKG) is the top packaging & container stock with a Zen Score of 52, which is 20 points higher than the packaging & container industry average of 32. It passed 18 out of 38 due diligence checks and has strong fundamentals. Packaging Of America has seen its stock return 39.55% over the past year, overperforming other packaging & container stocks by 22 percentage points.

Packaging Of America has an average 1 year price target of $186.33, an upside of 2.36% from Packaging Of America's current stock price of $182.03.

Packaging Of America stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Packaging Of America, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% 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 49, which is 17 points higher than the packaging & container industry average of 32. It passed 17 out of 38 due diligence checks and has strong fundamentals. Silgan Holdings has seen its stock lose -1.53% over the past year, underperforming other packaging & container stocks by -19 percentage points.

Silgan Holdings has an average 1 year price target of $52.00, an upside of 10.38% from Silgan Holdings's current stock price of $47.11.

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. Ball (NYSE:BALL)

Ball (NYSE:BALL) is the third best packaging & container stock with a Zen Score of 49, which is 17 points higher than the packaging & container industry average of 32. It passed 18 out of 38 due diligence checks and has strong fundamentals. Ball has seen its stock return 24.68% over the past year, overperforming other packaging & container stocks by 7 percentage points.

Ball has an average 1 year price target of $69.08, a downside of -2.05% from Ball's current stock price of $70.53.

Ball stock has a consensus Hold recommendation according to Wall Street analysts. Of the 12 analysts covering Ball, 8.33% have issued a Strong Buy rating, 8.33% have issued a Buy, 66.67% have issued a hold, while 8.33% have issued a Sell rating, and 8.33% 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 4.66%, which is 3 percentage points higher than the packaging & container industry average of 2.02%. 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 377.6% 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 3.4%, which is 1 percentage points higher than the packaging & container industry average of 2.02%. 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 51.3% indicates that its dividend yield is sustainable for the long-term.

3. Myers Industries (NYSE:MYE)

Myers Industries (NYSE:MYE) has an annual dividend yield of 3.22%, which is 1 percentage points higher than the packaging & container industry average of 2.02%. Myers Industries's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Myers Industries's dividend has shown consistent growth over the last 10 years.

Myers Industries's dividend payout ratio of 50.5% indicates that its dividend yield is sustainable for the long-term.

Why are packaging & container stocks up?

Packaging & container stocks were up 0.21% in the last day, and up 1.03% 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. Sonoco Products Co (NYSE:SON)

Sonoco Products Co (NYSE:SON) is the most undervalued packaging & container stock based on WallStreetZen's Valuation Score. Sonoco Products Co has a valuation score of 71, which is 36 points higher than the packaging & container industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Sonoco Products Co's stock has gained 1.21% in the past year. It has underperformed other stocks in the packaging & container industry by -16 percentage points.

2. Berry Global Group (NYSE:BERY)

Berry Global Group (NYSE:BERY) is the second most undervalued packaging & container stock based on WallStreetZen's Valuation Score. Berry Global Group has a valuation score of 71, which is 36 points higher than the packaging & container industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Berry Global Group's stock has gained 1.63% in the past year. It has underperformed other stocks in the packaging & container industry by -16 percentage points.

3. Crown Holdings (NYSE:CCK)

Crown Holdings (NYSE:CCK) is the third most undervalued packaging & container stock based on WallStreetZen's Valuation Score. Crown Holdings has a valuation score of 57, which is 22 points higher than the packaging & container industry average of 35. It passed 4 out of 7 valuation due diligence checks.

Crown Holdings's stock has gained 1.68% in the past year. It has underperformed other stocks in the packaging & container industry by -16 percentage points.

Are packaging & container stocks a good buy now?

38.1% of packaging & container stocks rated by analysts are a strong buy right now. On average, analysts expect packaging & container stocks to rise by 8.63% 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 24.67x.

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.