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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
PKG
PACKAGING CORP OF AMERICA
United States
$16.30B89,797,97951.23%48.77%Net SellingNet Selling
BALL
BALL CORP
United States
$21.75B310,377,75284.04%2.42%Net BuyingNet Buying
SLGN
SILGAN HOLDINGS INC
United States
$5.00B106,775,13468.56%29.60%Net SellingNet Selling
SON
SONOCO PRODUCTS CO
United States
$6.02B98,255,81976.94%4.18%Net BuyingNet Selling
AVY
AVERY DENNISON CORP
United States
$18.21B80,553,34990.23%2.00%Net BuyingNet Buying
KRT
KARAT PACKAGING INC
United States
$573.28M19,975,03220.53%79.47%Net SellingNet Selling
CCK
CROWN HOLDINGS INC
United States
$10.28B120,757,10388.05%3.36%Net SellingNet Selling
GPK
GRAPHIC PACKAGING HOLDING CO
United States
$8.39B307,293,90353.81%46.19%Net SellingNet Selling
SEE
SEALED AIR CORP
United States
$5.54B145,614,66891.33%8.67%Net SellingNet Selling
BERY
BERRY GLOBAL GROUP INC
United States
$6.91B114,400,00097.89%1.26%Net BuyingNet Buying
GEF
GREIF INC
United States
$3.05B47,121,15651.02%48.84%Net SellingNet Selling
REYN
REYNOLDS CONSUMER PRODUCTS INC
United States
$6.16B210,137,80527.66%0.22%Net SellingNet Buying
IP
INTERNATIONAL PAPER CO
United States
$14.30B347,332,32481.18%2.14%Net SellingNet Buying
MYE
MYERS INDUSTRIES INC
United States
$595.30M37,182,95472.72%27.28%Net SellingNet Selling
PACK
RANPAK HOLDINGS CORP
United States
$532.82M82,994,29163.11%36.89%Net BuyingNet Selling
WRK
WESTROCK CO
United States
$13.55B258,148,05681.46%2.29%Net SellingNet Selling
TRS
TRIMAS CORP
United States
$1.11B40,733,30265.04%34.96%Net SellingNet Buying
AMCR
AMCOR PLC
United Kingdom
$14.55B1,445,343,21251.31%0.41%Net Selling
DSS
DSS INC
United States
$13.36M7,066,7720.10%99.90%Net Buying
OI
O-I GLASS INC
United States
$2.05B155,721,71093.27%4.50%Net SellingNet Selling
OCTO
EIGHTCO HOLDINGS INC
United States
$5.92M8,752,4871.16%17.27%Net BuyingNet Buying
MGIH
MILLENNIUM GROUP INTERNATIONAL HOLDINGS LTD
Hong Kong
$15.72M11,250,0000.36%0.00%
PTVE
PACTIV EVERGREEN INC
United States
$2.38B179,149,46321.61%78.39%Net SellingNet Selling
AMBP
ARDAGH METAL PACKAGING SA
Luxembourg
$2.43B597,634,59416.99%0.00%
TUP
TUPPERWARE BRANDS CORP
United States
$93.06M46,530,61324.70%10.81%Net SellingNet Selling

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 40.67% 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 2.63% from Packaging Of America's current stock price of $181.56.

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 -1.31% over the past year, underperforming other packaging & container stocks by -20 percentage points.

Silgan Holdings has an average 1 year price target of $52.00, an upside of 10.95% from Silgan Holdings's current stock price of $46.87.

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 29.22% over the past year, overperforming other packaging & container stocks by 11 percentage points.

Ball has an average 1 year price target of $69.08, a downside of -1.44% from Ball's current stock price of $70.09.

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 4.49%, which is 2 percentage points higher than the packaging & container industry average of 2.06%. 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 dividend yield might not be sustainable for the long-term.

2. Myers Industries (NYSE:MYE)


Myers Industries (NYSE:MYE) has an annual dividend yield of 3.37%, which is 1 percentage points higher than the packaging & container industry average of 2.06%. 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.

3. Sonoco Products Co (NYSE:SON)


Sonoco Products Co (NYSE:SON) has an annual dividend yield of 3.34%, which is 1 percentage points higher than the packaging & container industry average of 2.06%. 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.

Why are packaging & container stocks down?

Packaging & container stocks were down -0.26% in the last day, and up 0.78% over the last week.

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

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 1.76% in the past year. It has underperformed other stocks in the packaging & container industry by -17 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 2.32% 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 5.79% in the past year. It has underperformed other stocks in the packaging & container industry by -13 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 8.72% 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 25.1x.
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