The Latest Breaking News from PKG

The growing e-commerce industry and reviving international trade have driven the demand for sustainable packaging solutions. Despite the persistent supply chain disruptions, technological advancement and rising demand should benefit packaging stocks Greif (GEF) and Packaging Corporation of America (PKG). But which of these stocks is a better buy now? Read…

The Consumer Price Index is expected to remain flat in May. Furthermore, the leading indicators of inflation are showing signs of easing. So, we think investors who believe inflation has peaked could now look to add the stocks of consumer discretionary companies O’Reilly Automotive (ORLY), InterContinental Hotels (IHG), Darden Restaurants…

If history is any guide, there may be good fortune ahead for shares of Packaging Corp of America (NYSE:PKG). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.

The packaging industry has achieved significant growth during the pandemic on the back of the e-commerce boom. And with consumers expected to continue to lean on e-commerce this year, the packaging industry should keep benefiting. Thus, packaging stocks Packaging Corporation of America (PKG), WestRock (WRK), and Sealed Air Corporation (SEE)…

Packaging Corporation (PKG) recently exceeded Wall Street’s earnings expectations and is considered one of the better dividend-paying companies. But is it wise to buy the stock now even though high inflation remains a challenge? Read on to learn our view.

Packaging Corp Of America (NYSE:PKG) reported fourth-quarter FY21 sales growth of 19% year-on-year, to $2.04 billion, beating the analyst consensus of $1.94 billion. Sales from the Packaging segment rose 22% Y/Y, and the Paper segment declined 8.6%. Gross profit increased 52.9% Y/Y to $509.9 million, with the margin expanding 550 basis points to…