News coverage about Graphic Packaging Holding Company (NYSE:GPK) has trended somewhat positive this week, AlphaOne Sentiment Analysis reports. AlphaOne, a unit of Accern, ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Graphic Packaging Holding Company earned a news sentiment score of 0.21 on AlphaOne’s scale. AlphaOne also gave media coverage about the industrial products company an impact score of 86 out of 100, indicating that recent media coverage is very likely to have an effect on the stock’s share price in the next several days.
GPK has been the subject of several research reports. Bank of America Corp reiterated a “buy” rating and issued a $16.30 price target (up from $16.10) on shares of Graphic Packaging Holding Company in a research note on Tuesday, February 21st. Citigroup Inc reiterated a “buy” rating on shares of Graphic Packaging Holding Company in a research note on Friday, April 14th. Zacks Investment Research lowered shares of Graphic Packaging Holding Company from a “hold” rating to a “sell” rating in a research note on Wednesday, April 5th. Goldman Sachs Group Inc lowered shares of Graphic Packaging Holding Company from a “conviction-buy” rating to a “buy” rating and set a $15.50 price target for the company. in a research note on Friday, January 27th. Finally, Royal Bank of Canada reiterated a “buy” rating and issued a $15.00 price target on shares of Graphic Packaging Holding Company in a research note on Tuesday, April 11th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $15.40.
Graphic Packaging Holding Company (NYSE:GPK) traded down 0.30% during mid-day trading on Friday, reaching $13.35. 5,702,981 shares of the company’s stock were exchanged. The firm has a market capitalization of $4.15 billion, a P/E ratio of 20.51 and a beta of 1.20. The company’s 50-day moving average is $13.46 and its 200 day moving average is $13.03. Graphic Packaging Holding Company has a one year low of $11.95 and a one year high of $14.70.
Graphic Packaging Holding Company (NYSE:GPK) last posted its quarterly earnings data on Tuesday, April 25th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.01. Graphic Packaging Holding Company had a net margin of 5.30% and a return on equity of 21.46%. The firm had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the prior year, the company posted $0.20 earnings per share. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. Equities analysts predict that Graphic Packaging Holding Company will post $0.71 earnings per share for the current fiscal year.
In related news, Director Harold R. Logan, Jr. sold 9,200 shares of the stock in a transaction that occurred on Tuesday, February 28th. The shares were sold at an average price of $13.54, for a total value of $124,568.00. Following the transaction, the director now owns 48,876 shares in the company, valued at approximately $661,781.04. The sale was disclosed in a filing with the SEC, which is available through this link. 1.47% of the stock is currently owned by corporate insiders.
About Graphic Packaging Holding Company
Graphic Packaging Holding Company is a provider of paper-based packaging solutions for a range of products to food, beverage and other consumer product companies. The Company’s segments include Paperboard Mills, Americas Paperboard Packaging, Europe Paperboard Packaging, and Corporate and Other. The Paperboard Mills segment includes the Company’s North American paperboard mills, which produce primarily coated unbleached kraft and coated recycled board.
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