Packaging Corporation Of America (PKG): Today's Featured Consumer Non-Durables Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Packaging Corporation of America ( PKG) 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 down 0.3%. By the end of trading, Packaging Corporation of America rose $0.97 (1.6%) to $61.08 on average volume. Throughout the day, 971,154 shares of Packaging Corporation of America exchanged hands as compared to its average daily volume of 929,300 shares. The stock ranged in a price between $59.94-$61.15 after having opened the day at $60.02 as compared to the previous trading day's close of $60.11. Other companies within the Consumer Non-Durables industry that increased today were: G-III Apparel Group ( GIII), up 13.3%, United-Guardian ( UG), up 5.9%, Ever-Glory International Group ( EVK), up 4.5% and Xerium Technologies ( XRM), 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 $6.0 billion and is part of the consumer goods sector. The company has a P/E ratio of 22.1, above the S&P 500 P/E ratio of 17.7. Shares are up 56.2% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Packaging Corporation of America a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Packaging Corporation of America as a buy. 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.

On the negative front, Tandy Brands Accessories ( TBAC), down 8.5%, Mannatech ( MTEX), down 7.9%, Swisher Hygiene ( SWSH), down 6.8% and Ocean Bio-Chem ( OBCI), down 3.7% , were all laggards within the consumer non-durables industry with Estee Lauder Cos ( EL) being today's consumer non-durables industry laggard.

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 ( XLP) while those bearish on the consumer non-durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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