PKG Dec 2024 200.000 call
| Previous Close | 5.50 |
| Open | 5.50 |
| Bid | 4.90 |
| Ask | 7.40 |
| Strike | 200.00 |
| Expire Date | 2024-12-20 |
| Day's Range | 5.50 - 5.50 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 1 |
- Business Wire
Packaging Corporation of America Schedules Conference Call to Discuss Second Quarter 2024 Operating Results
LAKE FOREST, Ill., June 19, 2024--Packaging Corporation of America (NYSE: PKG) will hold a conference call on Wednesday, July 24, 2024 at 9:00 a.m. Eastern Time to discuss second quarter 2024 results. The conference call leader will be Mark Kowlzan. Second quarter earnings results will be released after the market closes on Tuesday, July 23, 2024.
- Yahoo Finance Video
Paperboard market to grow, exiting 'packaging recession': BofA
Bank of America has expressed bullish optimism towards the paper and forest products sector, with analysts raising their rating to Buy across the industry. This positive sentiment stems from an improved outlook and favorable industry trends. BofA Securities George Staphos joins Market Domination to share his outlook on the paperboard markets. Staphos highlights the significance of wholesale cardboard boxes to the market, stating, "80% of the economy moves through corrugated boxes." He notes that since the second half of 2022, packaging markets have been in a recession. However, following their survey, they observed "a very large pickup in the growth expectations for the next two quarters" among independent box makers surveyed. Shares of packaging companies Greif (GEF), Graphic Packaging (GPK), and Packaging Corp. of America (PKG) ticked up in Monday's session. With growth expected to materialize, Staphos notes it's not "all black and white positive," though he also sees continued growth thanks to e-commerce tailwinds. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
Simply Wall St.Packaging Corporation of America's (NYSE:PKG) Intrinsic Value Is Potentially 57% Above Its Share Price
Key Insights The projected fair value for Packaging Corporation of America is US$287 based on 2 Stage Free Cash Flow to...
