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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

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
PKG	PACKAGING CORP OF AMERICA	United States	$16.35B	89,797,979	45.74%	54.26%	Net Selling	Net Selling
SLGN	SILGAN HOLDINGS INC	United States	$5.03B	106,775,134	53.26%	29.63%	Net Selling	Net Selling
BALL	BALL CORP	United States	$21.89B	310,377,752	58.03%	2.42%	Net Buying	Net Buying
SON	SONOCO PRODUCTS CO	United States	$5.92B	98,255,819	58.28%	4.18%	Net Buying	Net Buying
AVY	AVERY DENNISON CORP	United States	$18.21B	80,553,349	65.26%	2.00%	Net Buying	Net Buying
KRT	KARAT PACKAGING INC	United States	$584.67M	19,975,032	14.64%	85.36%	Net Selling	Net Selling
CCK	CROWN HOLDINGS INC	United States	$10.17B	120,757,103	65.74%	3.37%	Net Selling	Net Selling
GPK	GRAPHIC PACKAGING HOLDING CO	United States	$8.62B	307,293,903	46.76%	53.24%	Net Selling	Net Selling
SEE	SEALED AIR CORP	United States	$5.65B	145,614,668	54.17%	8.78%	Net Selling	Net Selling
BERY	BERRY GLOBAL GROUP INC	United States	$6.84B	114,400,000	62.09%	1.26%	Net Buying	Net Buying
GEF	GREIF INC	United States	$3.02B	47,121,156	43.02%	48.84%	Net Selling	Net Selling
IP	INTERNATIONAL PAPER CO	United States	$13.79B	347,332,324	57.48%	2.14%	Net Selling	Net Buying
MYE	MYERS INDUSTRIES INC	United States	$623.56M	37,182,954	69.69%	30.31%	Net Selling	Net Selling
REYN	REYNOLDS CONSUMER PRODUCTS INC	United States	$6.10B	210,137,805	20.06%	0.22%	Net Selling	Net Buying
PACK	RANPAK HOLDINGS CORP	United States	$556.89M	82,994,291	19.61%	49.99%	Net Buying	Net Selling
WRK	WESTROCK CO	United States	$13.65B	258,148,056	59.25%	2.29%	Net Selling	Net Selling
TRS	TRIMAS CORP	United States	$1.12B	40,733,302	58.68%	41.32%	Net Selling	Net Buying
AMCR	AMCOR PLC	United Kingdom	$14.94B	1,445,343,212	36.55%	0.41%	Net Selling
DSS	DSS INC	United States	$11.80M	7,066,772	0.10%	99.90%	Net Buying
OI	O-I GLASS INC	United States	$2.13B	155,721,710	71.90%	4.26%	Net Selling	Net Selling
OCTO	EIGHTCO HOLDINGS INC	United States	$5.71M	8,752,487	1.06%	17.27%	Net Buying	Net Buying
MGIH	MILLENNIUM GROUP INTERNATIONAL HOLDINGS LTD	Hong Kong	$16.20M	11,250,000	0.36%	0.00%
PTVE	PACTIV EVERGREEN INC	United States	$2.43B	179,149,463	15.26%	78.64%	Net Selling	Net Selling
AMBP	ARDAGH METAL PACKAGING SA	Luxembourg	$2.40B	597,634,594	8.26%	0.00%
TUP	TUPPERWARE BRANDS CORP	United States	$83.76M	46,530,613	23.56%	10.81%	Net Buying	Net 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 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.