Graphic Packaging Holding (NYSE:GPK) has earned a consensus rating of “Buy” from the ten ratings firms that are covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $16.00.

Several analysts recently commented on GPK shares. ValuEngine upgraded shares of Graphic Packaging from a “sell” rating to a “hold” rating in a research note on Wednesday, April 24th. KeyCorp reiterated a “hold” rating on shares of Graphic Packaging in a research note on Wednesday, April 24th. UBS Group raised their price objective on shares of Graphic Packaging from $12.50 to $13.00 and gave the company a “neutral” rating in a research note on Wednesday, April 24th. Zacks Investment Research upgraded shares of Graphic Packaging from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a research note on Friday, July 26th. Finally, Citigroup raised their price objective on shares of Graphic Packaging from $16.00 to $17.00 and gave the company a “buy” rating in a research note on Thursday, July 11th.

Large investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its stake in shares of Graphic Packaging by 13.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,956,829 shares of the industrial products company’s stock worth $63,381,000 after purchasing an additional 713,781 shares in the last quarter. Legal & General Group Plc increased its stake in Graphic Packaging by 3.2% in the 4th quarter. Legal & General Group Plc now owns 259,036 shares of the industrial products company’s stock worth $2,756,000 after buying an additional 7,998 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in Graphic Packaging by 27.1% in the 4th quarter. Public Employees Retirement System of Ohio now owns 127,141 shares of the industrial products company’s stock worth $1,353,000 after buying an additional 27,092 shares in the last quarter. Norges Bank purchased a new stake in Graphic Packaging in the 4th quarter worth $40,465,000. Finally, Geode Capital Management LLC increased its stake in Graphic Packaging by 5.8% in the 4th quarter. Geode Capital Management LLC now owns 2,936,526 shares of the industrial products company’s stock worth $31,244,000 after buying an additional 159,835 shares in the last quarter.

Shares of NYSE GPK traded up $0.18 during midday trading on Friday, hitting $12.93. The company had a trading volume of 156,013 shares, compared to its average volume of 4,658,922. The company has a debt-to-equity ratio of 1.46, a current ratio of 1.70 and a quick ratio of 0.70. Graphic Packaging has a twelve month low of $10.04 and a twelve month high of $15.58. The firm has a 50-day simple moving average of $14.23. The firm has a market cap of $3.84 billion, a price-to-earnings ratio of 15.85, a price-to-earnings-growth ratio of 1.18 and a beta of 1.34.

Graphic Packaging (NYSE:GPK) last announced its quarterly earnings data on Tuesday, July 23rd. The industrial products company reported $0.24 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.02. Graphic Packaging had a net margin of 4.32% and a return on equity of 12.94%. The firm had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.56 billion. During the same quarter last year, the business earned $0.18 earnings per share. The business’s revenue for the quarter was up 2.8% compared to the same quarter last year. Research analysts forecast that Graphic Packaging will post 0.85 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Saturday, October 5th. Shareholders of record on Sunday, September 15th will be issued a dividend of $0.075 per share. The ex-dividend date of this dividend is Thursday, September 12th. This represents a $0.30 annualized dividend and a yield of 2.32%. Graphic Packaging’s dividend payout ratio (DPR) is currently 37.04%.

Graphic Packaging Company Profile

Graphic Packaging Holding Company, together with its subsidiaries, provides paper-based packaging solutions to food, beverage, foodservice, and other consumer products companies. It operates through three segments: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging. The company offers coated unbleached kraft (CUK), coated recycled paperboard (CRB), and solid bleached sulfate paperboard (SBS) to various paperboard packaging converters and brokers; and paperboard packaging folding cartons and cups, lids, and food containers primarily to consumer packaged goods, quick-service restaurants, and foodservice companies.

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Analyst Recommendations for Graphic Packaging (NYSE:GPK)

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