Packaging Corporation Of America (PKG): Today's Featured Consumer Non-Durables Winner
Packaging Corporation of America
(
) pushed the Consumer Non-Durables industry higher today making it today's featured consumer non-durables winner. The industry as a whole closed the day up 0.2%. By the end of trading, Packaging Corporation of America rose $0.58 (1.1%) to $52.27 on average volume. Throughout the day, 1,159,738 shares of Packaging Corporation of America exchanged hands as compared to its average daily volume of 899,500 shares. The stock ranged in a price between $51.95-$52.66 after having opened the day at $52.10 as compared to the previous trading day's close of $51.69. Other companies within the Consumer Non-Durables industry that increased today were:
(
), up 6.5%,
(
), up 6.0%,
(
), up 5.9% and
(
), up 3.8%.
Packaging Corporation of America engages in the manufacture and sale of containerboard and corrugated packaging products for industrial and consumer markets in the United States. Packaging Corporation of America has a market cap of $4.9 billion and is part of the consumer goods sector. Shares are up 30.8% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Packaging Corporation of America a buy, 1 analyst rates it a sell, and 9 rate it a hold.
TheStreet Ratings rates
Packaging Corporation of America
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Packaging Corporation of America Ratings Report.
On the negative front,
(
), down 6.7%,
(
), down 5.3%,
Northern Technologies International
(
), down 4.7% and
(
), down 2.9%.
- Use our consumer non-durables section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider
Consumer Staples Select Sector SPDR
(
) while those bearish on the consumer non-durables industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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