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

Ticker	Company	Market Cap	Revenue	EBITDA	Earnings	EPS	Revenue Growth Y/Y	Revenue Growth 5Y	Earnings Growth Y/Y	Earnings Growth 5Y	Earnings Date
PKG	PACKAGING CORP OF AMERICA	$16.35B	$7.81B	$1.51B	$722.00M	$8.04	-6.16%	2.03%	-23.36%	-0.68%
SLGN	SILGAN HOLDINGS INC	$5.03B	$5.89B	$839.41M	$309.10M	$2.87	-7.84%	5.69%	-3.69%	7.07%	2024-05-28
BALL	BALL CORP	$21.89B	$13.41B	$5.45B	$4.22B	$13.38	-8.21%	2.89%	829.17%	59.16%
SON	SONOCO PRODUCTS CO	$5.92B	$6.69B	$994.63M	$391.82M	$3.98	-7.22%	4.23%	-21.81%	5.06%
AVY	AVERY DENNISON CORP	$18.21B	$8.45B	$1.19B	$554.20M	$6.87	-3.48%	3.48%	-18.12%	25.69%	2024-06-05
KRT	KARAT PACKAGING INC	$584.67M	$405.46M	$56.97M	$29.63M	$1.49	-1.91%	N/A	13.74%	N/A
CCK	CROWN HOLDINGS INC	$10.17B	$11.82B	$1.57B	$415.00M	$3.47	-7.33%	0.19%	-32.09%	0.53%
GPK	GRAPHIC PACKAGING HOLDING CO	$8.62B	$9.25B	$1.75B	$681.00M	$2.22	-3.99%	8.83%	9.90%	22.65%	2024-05-23
SEE	SEALED AIR CORP	$5.65B	$5.47B	$961.50M	$361.70M	$2.51	-1.86%	3.02%	-9.71%	-2.44%	2024-05-23
BERY	BERRY GLOBAL GROUP INC	$6.84B	$12.25B	$1.74B	$504.00M	$4.28	-9.26%	8.76%	-25.69%	6.73%
GEF	GREIF INC	$3.02B	$5.15B	$749.30M	$336.50M	$5.84	-14.91%	5.92%	-24.55%	13.43%	2024-06-05
IP	INTERNATIONAL PAPER CO	$13.79B	$18.52B	$1.89B	$172.00M	$0.49	-11.60%	-4.52%	-86.79%	-34.96%
MYE	MYERS INDUSTRIES INC	$623.56M	$804.43M	$89.99M	$39.39M	$1.07	-9.59%	7.77%	-29.61%	N/A
REYN	REYNOLDS CONSUMER PRODUCTS INC	$6.10B	$3.71B	$676.00M	$330.00M	$1.57	-3.43%	N/A	46.73%	N/A
PACK	RANPAK HOLDINGS CORP	$556.89M	$340.40M	$70.50M	-$22.80M	-$0.28	4.67%	N/A	N/A	N/A	2024-05-23
WRK	WESTROCK CO	$13.65B	$19.46B	$2.30B	$304.90M	$1.20	-7.89%	2.35%	N/A	-18.46%
TRS	TRIMAS CORP	$1.12B	$905.19M	$127.14M	$40.59M	$0.99	3.45%	6.48%	-27.21%	-10.35%
AMCR	AMCOR PLC	$14.94B	$13.78B	$1.76B	$653.00M	$0.45	-7.72%	N/A	-31.67%	N/A
DSS	DSS INC	$11.80M	$22.30M	-$71.81M	-$76.64M	-$10.90	-52.49%	3.31%	N/A	N/A
OI	O-I GLASS INC	$2.13B	$6.87B	$739.00M	-$237.00M	-$1.54	-1.83%	0.26%	N/A	N/A
OCTO	EIGHTCO HOLDINGS INC	$5.71M	$69.03M	-$558.00k	-$13.52M	-$1.44	56.91%	N/A	N/A	N/A
MGIH	MILLENNIUM GROUP INTERNATIONAL HOLDINGS LTD	$16.20M	$45.60M	$1.96M	-$354.11k	-$0.03	-31.15%	N/A	N/A	N/A
PTVE	PACTIV EVERGREEN INC	$2.43B	$5.33B	$687.00M	-$80.00M	-$0.46	-13.40%	N/A	N/A	N/A	2024-06-06
AMBP	ARDAGH METAL PACKAGING SA	$2.40B	$4.82B	N/A	-$61.00M	N/A	2.97%	N/A	N/A	N/A
TUP	TUPPERWARE BRANDS CORP	$83.76M	$1.14B	-$50.60M	-$375.50M	-$8.22	-17.53%	-11.92%	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.