Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying stocks that can fulfill their growth potential is challenging due to associated risks and volatility [1] Group 1: Company Overview - Packaging Corp. (PKG) is currently recommended as a growth stock by the Zacks Growth Style Score system, which evaluates a company's genuine growth prospects beyond traditional metrics [2] Group 2: Earnings Growth - The historical EPS growth rate for Packaging Corp. is 8.4%, but projected EPS growth for this year is 24.6%, significantly surpassing the industry average of 5.2% [5] Group 3: Asset Utilization - Packaging Corp. has an asset utilization ratio (sales-to-total-assets ratio) of 0.93, indicating that the company generates $0.93 in sales for every dollar in assets, which is higher than the industry average of 0.83 [6] Group 4: Sales Growth - The company's sales are expected to grow by 7.6% this year, compared to the industry average of 0.4%, highlighting its strong sales growth potential [7] Group 5: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Packaging Corp., with the Zacks Consensus Estimate for the current year increasing by 0.5% over the past month [8] Group 6: Investment Potential - Packaging Corp. holds a Zacks Rank of 2 (Buy) and a Growth Score of B, indicating it is a potential outperformer and a solid choice for growth investors [10]

Core Viewpoint - Packaging Corporation (PKG) is expected to report its fourth-quarter 2024 results on January 29, with revenue and earnings estimates indicating growth compared to the previous year [1][2]. Financial Estimates - The Zacks Consensus Estimate for PKG's fourth-quarter revenues is $2.01 billion, reflecting a 3.1% increase from the prior year [2]. - The consensus estimate for earnings is $2.51 per share, which represents a year-over-year growth of 17.8% and has increased by 0.4% over the past 60 days [2][3]. Earnings Surprise History - PKG has a history of beating Zacks Consensus Estimates, with an average surprise of 8.6% over the last four quarters [3]. Earnings Prediction Model - The current model does not predict an earnings beat for PKG, as it has an Earnings ESP of 0.00% and a Zacks Rank of 2 (Buy) [4][5]. Segment Performance Insights - The Packaging segment is expected to experience lower prices due to a decrease in benchmark index grades, with a negative price/mix impact of 4.3% anticipated for the quarter [6]. - Despite this, demand in the Packaging segment is projected to remain strong, with a year-over-year volume increase of 13.4% [7]. - The estimated quarterly revenues for the Packaging segment are $1.94 billion, indicating a 9.1% growth from the previous year, with an operating income estimate of $459 million, reflecting a 19.4% increase [8]. Paper Segment Performance - The Paper segment is expected to have flat prices and a volume increase of 3.2% year over year, with a negative pricing/mix impact of 1.9% for the fourth quarter [8]. - The estimated revenues for the Paper segment are $145.7 million, suggesting a 5.7% growth from the prior year, with an operating income estimate of $44 million, indicating a 26.1% rise [9]. Stock Performance - Over the past year, PKG shares have increased by 55%, significantly outperforming the industry average growth of 20.1% [10].

Wall Street analysts forecast that Packaging Corp. (PKG) will report quarterly earnings of $2.51 per share in its upcoming release, pointing to a year-over-year increase of 17.8%. It is anticipated that revenues will amount to $2.13 billion, exhibiting an increase of 9.9% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 0.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reasses ...

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Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Gro ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Packaging Corp. (PKG) , which belongs to the Zacks Containers - Paper and Packaging industry, could be a great candidate to consider.This maker of containerboard and corrugated packaging products has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was ...

The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Packaging Corp. (PKG) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Packaging Corp. is one of 213 companies in the Industrial Products group. The Industrial Products group currently sits at #11 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zack ...

Core Viewpoint - Packaging Corp. (PKG) is experiencing significant selling pressure, but indicators suggest a potential trend reversal due to oversold conditions and positive earnings revisions from analysts [1][3][4]. Group 1: Technical Indicators - The Relative Strength Index (RSI) for PKG is at 24.33, indicating that the stock is in oversold territory, typically suggesting a potential price reversal when below 30 [1][2]. - The stock has declined by 7.3% over the past four weeks, positioning it for a possible trend reversal [3]. Group 2: Analyst Sentiment - There is a strong consensus among Wall Street analysts that PKG will report better earnings than previously predicted, leading to an increase in the consensus EPS estimate by 0% over the last 30 days [3][4]. - PKG holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating strong potential for price appreciation [4].

Packaging Corp. (PKG) has been beaten down lately with too much selling pressure. While the stock has lost 6.1% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator tha ...

Packaging Corp. (PKG) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The pow ...