Packaging Corporation Of America (PKG): Today's Featured Consumer Goods 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 Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day down 1.2%. By the end of trading, Packaging Corporation of America rose $0.83 (1.3%) to $63.84 on heavy volume. Throughout the day, 1,163,136 shares of Packaging Corporation of America exchanged hands as compared to its average daily volume of 773,300 shares. The stock ranged in a price between $62.22-$64.91 after having opened the day at $62.50 as compared to the previous trading day's close of $63.01. Other companies within the Consumer Goods sector that increased today were: Meritor ( MTOR), up 9.6%, Standard Register Company ( SR), up 8.7%, Emerson Radio ( MSN), up 7.2% and Rock-Tenn Company ( RKT), up 5.9%.

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 $6.1 billion and is part of the consumer non-durables industry. The company has a P/E ratio of 22.4, above the S&P 500 P/E ratio of 17.7. Shares are down 0.4% 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 5 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, impressive record of earnings per share growth and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Tandy Brands Accessories ( TBAC), down 15.7%, American Apparel ( APP), down 8.1%, Black Diamond ( BDE), down 7.9% and Quiksilver ( ZQK), down 7.3% , were all laggards within the consumer goods sector with Lorillard ( LO) being today's consumer goods sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods ( SZK).

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