The Latest Breaking News from Packaging Corporation of America

Despite lagging behind the broader market over the past year, analysts remain moderately optimistic about Packaging Corporation of America’s prospects.

Packaging Corp. is expected to announce its first-quarter results later this month and analysts expect a solid double-digit growth in earnings.

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Packaging Corporation of America is all set to announce its third-quarter results later this month, and analysts are projecting a double-digit growth in its bottom-line figure.

Despite Smurfit Westrock’s recent outperformance relative to the materials sector, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

Packaging Corporation recently outperformed the consumer cyclical sector, and Wall Street analysts remain moderately optimistic about the stock’s prospects.

Growing demand for eco-friendly products and sustainable packaging presents a significant opportunity for companies that prioritize these solutions. Therefore, scooping up the shares of fundamentally sound sustainable packaging stocks, such as Packaging Corp of America (PKG), Crown Holdings (CCK), and Sonoco Products Co. (SON), could be beneficial. Read more.

Concerns over the potentially aggressive Fed rate hikes to tackle the elevated inflation are expected to keep the market volatile in the near term. However, fundamentally sound stocks Coca-Cola (KO), Gilead Sciences (GILD), and Packaging Corporation of America (PKG) have the potential to rebound from their current price levels. So,…

A Relative Strength Rating upgrade for Packaging Corp. of America stock shows improving technical performance.