The Latest Breaking News from PKG

Despite lagging behind the S&P 500 over the past year, analysts remain strongly bullish on Packaging Corporation’s longer-term prospects.

Packaging Corporation outpaced the broader market over the past year, and Wall Street analysts remain bullish about the stock's future outlook.

Packaging Corporation outperformed the broader market over the past year, and Wall Street analysts remain moderately bullish about the stock’s prospects.

Packaging Corporation of America is all set to announce its third-quarter results later this month, and analysts are projecting a double-digit growth in its bottom-line figure.

Packaging Corporation recently outperformed the consumer cyclical sector, and Wall Street analysts remain moderately optimistic about the stock’s prospects.

Despite Packaging Corporation’s outperformance relative to the broader market over the past year, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

Growing demand for eco-friendly products and sustainable packaging presents a significant opportunity for companies that prioritize these solutions. Therefore, scooping up the shares of fundamentally sound sustainable packaging stocks, such as Packaging Corp of America (PKG), Crown Holdings (CCK), and Sonoco Products Co. (SON), could be beneficial. Read more.

Packaging Corporation is set to unveil its Q2 earnings later this month, and analysts project a high single-digit profit dip.

Concerns over the potentially aggressive Fed rate hikes to tackle the elevated inflation are expected to keep the market volatile in the near term. However, fundamentally sound stocks Coca-Cola (KO), Gilead Sciences (GILD), and Packaging Corporation of America (PKG) have the potential to rebound from their current price levels. So,…