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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:

Graphic Packaging Holding Co (NYSE:GPK) is the top packaging & container stock with a Zen Score of 52, which is 19 points higher than the packaging & container industry average of 33. It passed 19 out of 38 due diligence checks and has strong fundamentals. Graphic Packaging Holding Co has seen its stock return 32.88% over the past year, overperforming other packaging & container stocks by 16 percentage points.

Graphic Packaging Holding Co has an average 1 year price target of $32.53, an upside of 13.87% from Graphic Packaging Holding Co's current stock price of $28.57.

Graphic Packaging Holding Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Graphic Packaging Holding Co, 50% 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 16.67% have issued a Strong Sell.

Sonoco Products Co (NYSE:SON) is the second best packaging & container stock with a Zen Score of 50, which is 17 points higher than the packaging & container industry average of 33. It passed 18 out of 38 due diligence checks and has strong fundamentals. Sonoco Products Co has seen its stock lose -1.57% over the past year, underperforming other packaging & container stocks by -19 percentage points.

Sonoco Products Co has an average 1 year price target of $59.00, an upside of 10.86% from Sonoco Products Co's current stock price of $53.22.

Sonoco Products Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Sonoco Products 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.

Silgan Holdings (NYSE:SLGN) is the third best packaging & container stock with a Zen Score of 50, which is 17 points higher than the packaging & container industry average of 33. It passed 19 out of 38 due diligence checks and has strong fundamentals. Silgan Holdings has seen its stock return 21.01% over the past year, overperforming other packaging & container stocks by 4 percentage points.

Silgan Holdings has an average 1 year price target of $57.50, an upside of 12.81% from Silgan Holdings's current stock price of $50.97.

Silgan Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Silgan Holdings, 50% 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 0% have issued a Strong Sell.

Out of 14 packaging & container stocks that have issued dividends in the past year, the 3 packaging & container stocks with the highest dividend yields are:

Myers Industries (NYSE:MYE) has an annual dividend yield of 4.25%, which is 2 percentage points higher than the packaging & container industry average of 2.19%. 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 50.9% indicates that its high dividend yield is sustainable for the long-term.

International Paper Co (NYSE:IP) has an annual dividend yield of 3.88%, which is 2 percentage points higher than the packaging & container industry average of 2.19%. International Paper Co's dividend payout is stable, having never dropped by more than 10% 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 149.2% indicates that its dividend yield might not be sustainable for the long-term.

Sonoco Products Co (NYSE:SON) has an annual dividend yield of 3.87%, which is 2 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 55% indicates that its dividend yield is sustainable for the long-term.

Packaging & container stocks were down -0.64% in the last day, and down -2.85% over the last week.

We couldn't find a catalyst for why packaging & container stocks are down.

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

Trimas (NASDAQ:TRS) is the most undervalued packaging & container stock based on WallStreetZen's Valuation Score. Trimas has a valuation score of 71, which is 41 points higher than the packaging & container industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Trimas's stock has gained 2.97% in the past year. It has underperformed other stocks in the packaging & container industry by -14 percentage points.

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 41 points higher than the packaging & container industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Berry Global Group's stock has gained 17.64% in the past year. It has performed in line with other stocks in the packaging & container industry.

Sonoco Products Co (NYSE:SON) is the third most undervalued packaging & container stock based on WallStreetZen's Valuation Score. Sonoco Products Co has a valuation score of 57, which is 27 points higher than the packaging & container industry average of 30. It passed 4 out of 7 valuation due diligence checks.

Sonoco Products Co's stock has dropped -1.57% in the past year. It has underperformed other stocks in the packaging & container industry by -19 percentage points.