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Barchart
Barchart
Sohini Mondal

Packaging Corporation of America Stock: Is PKG Underperforming the Consumer Cyclical Sector?

Packaging Corporation of America PKG

With a market cap of $18.5 billion, Packaging Corporation of America (PKG) is a leading North American producer of containerboard and uncoated freesheet paper. The company operates through two segments: Packaging and Paper, offering products ranging from corrugated shipping containers and retail displays to commodity, specialty, and communication papers. 

Companies valued at more than $10 billion are generally considered “large-cap” stocks, and Packaging Corporation of America fits this criterion perfectly. Its products are sold through dedicated sales and marketing organizations serving a wide range of industrial and consumer markets.

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