Graphic Packaging Holding Co (NYSE: GPK) has reported earnings for its second fiscal quarter (ending June 30) of $0.62 versus $0.49 for the same period a year ago. E.P.S. were $2.35 for the latest four quarters through June 30 versus $2.30 for the same period a year ago.
Recent Price Action
Graphic Packaging Holding Co (NYSE: GPK) stock closed at $29.09 on 7/30/24 after a large increase of 3.9%. Moreover, exceptionally high trading volume at 319% of normal accompanied the advance. The stock has risen 4.8% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, GPK is expected to continue to be a major Value Builder.
Graphic Packaging Holding has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Graphic Packaging Holding has a slightly positive Appreciation Score of 61 and a good Power Rating of 79, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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