Stifel has recently initiated Graphic Packaging Holding Company (GPK) stock to Buy rating, as announced on July 9, 2024, according to Finviz. Earlier, on November 27, 2023, Raymond James had reduced the stock from a Strong Buy to Mkt Perform. BofA Securities also raised Buy rating. Additionally, Raymond James resumed Strong Buy rating on October 20, 2023, with a target price of $30. Wells Fargo analysts, in their report published on October 19, 2023, also reduced Underweight rating and set a price target of $26 for Graphic Packaging Holding Company’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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Graphic Packaging Holding Company (GPK) Stock Trading Recap
On Monday, Graphic Packaging Holding Company (GPK) stock saw a modest uptick, ending the day at $30.41 which represents a slight increase of $0.53 or 1.77% from the prior close of $29.88. The stock opened at $30.05 and touched a low of $29.87 during the day, reaching a high of $30.46. The volume of shares traded was 1.50 million falling short of the average volume of 2.24 million.
GPK Stock Performance and Moving Averages
In recent trading, Graphic Packaging Holding Company (GPK) stock price has shown some volatility, fluctuating 3.86% over the last five trades and 6.74% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 10.02%, and it has gained 11.51% in the previous three months. Currently, GPK is trading at 4.16%, 7.32%, and 13.10% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, GPK, a Consumer Cyclical sector stock, is trading -0.80% below its 52-week high but remains 51.52% above its 52-week low. The Average True Range (ATR) (14 days) of 0.62 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Graphic Packaging Holding Company’s Profitability and Valuation Ratios
Graphic Packaging Holding Company’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 13.46% and a profit margin of 7.93%, with a gross margin of 10.02%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Graphic Packaging Holding Company’s market capitalization stands at $9.13 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 13.01, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 10.53. Additionally, the Price-to-Sales Ratio is 1, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 3.25, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 1.28% of Graphic Packaging Holding Company (GPK)’s shares, while financial institutions hold 109.93%.
Notable insider trades include DOSS MICHAEL P, President and CEO at Graphic Packaging Holding Company (GPK), who sold 164443 shares on Aug 08 ’24, at $28.21 each, totaling $4.64 million. On Aug 07 ’24, DOSS MICHAEL P, President and CEO, sold 86374 shares for $28.05 each, amounting to $2.42 million. Additionally, on Aug 09 ’24, DOSS MICHAEL P sold 49183 shares at $27.91 each, generating $1.37 million.
