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

Ticker	Company	Market Cap	Dividend Yield	Payout Ratio	Last Dividend	Annual Dividend	Dividend Percentile	Dividend Dropped Count (L10Y)	Ex-dividend Date	Div. Payment Date
PKG	PACKAGING CORP OF AMERICA	$16.35B	2.75%	62.20%	$1.2500	$5.00	52%	0	2024-06-14	2024-07-15
SLGN	SILGAN HOLDINGS INC	$5.03B	1.55%	25.40%	$0.1900	$0.73	32%	0	2024-06-03	2024-06-17
BALL	BALL CORP	$21.89B	1.13%	6.00%	$0.2000	$0.80	23%	0	2024-06-03	2024-06-17
SON	SONOCO PRODUCTS CO	$5.92B	3.40%	51.30%	$0.5200	$2.05	62%	0		2024-06-10
AVY	AVERY DENNISON CORP	$18.21B	1.43%	47.20%	$0.8100	$3.24	30%	0	2024-06-05	2024-06-20
KRT	KARAT PACKAGING INC	$584.67M	1.71%	57.00%	$0.5000	$0.50	36%	0
CCK	CROWN HOLDINGS INC	$10.17B	0.87%	28.00%	$0.2500	$0.73	16%	0	2024-06-13	2024-06-27
GPK	GRAPHIC PACKAGING HOLDING CO	$8.62B	1.43%	18.00%	$0.1000	$0.40	29%	0
SEE	SEALED AIR CORP	$5.65B	2.06%	31.90%	$0.2000	$0.80	42%	0
BERY	BERRY GLOBAL GROUP INC	$6.84B	1.75%	24.50%	$0.2750	$1.05	37%	0	2024-06-03	2024-06-17
GEF	GREIF INC	$3.02B	3.22%	34.90%	$0.5200	$2.06	60%	0
IP	INTERNATIONAL PAPER CO	$13.79B	4.66%	377.60%	$0.4625	$1.85	77%	1	2024-05-23	2024-06-14
MYE	MYERS INDUSTRIES INC	$623.56M	3.22%	50.50%	$0.1350	$0.54	60%	0
REYN	REYNOLDS CONSUMER PRODUCTS INC	$6.10B	2.38%	58.60%	$0.2300	$0.69	47%	0	2024-05-16	2024-05-31
PACK	RANPAK HOLDINGS CORP	$556.89M	N/A	0.00%	N/A	N/A	N/A	N/A
WRK	WESTROCK CO	$13.65B	2.24%	96.30%	$0.3025	$1.18	45%	1		2024-05-22
TRS	TRIMAS CORP	$1.12B	0.58%	16.20%	$0.0400	$0.16	10%	0
AMCR	AMCOR PLC	$14.94B	1.19%	54.50%	$0.1230	$0.12	24%	0
DSS	DSS INC	$11.80M	N/A	0.00%	N/A	N/A	N/A	N/A
OI	O-I GLASS INC	$2.13B	N/A	0.00%	$0.0500	N/A	N/A	0
OCTO	EIGHTCO HOLDINGS INC	$5.71M	N/A	0.00%	N/A	N/A	N/A	N/A
MGIH	MILLENNIUM GROUP INTERNATIONAL HOLDINGS LTD	$16.20M	N/A	0.00%	N/A	N/A	N/A	N/A
PTVE	PACTIV EVERGREEN INC	$2.43B	0.74%	-43.50%	$0.1000	$0.10	13%	0
AMBP	ARDAGH METAL PACKAGING SA	$2.40B	N/A	N/A	$0.2000	N/A	N/A	0
TUP	TUPPERWARE BRANDS CORP	$83.76M	N/A	0.00%	$0.2700	N/A	N/A	1

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.