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Best Packaging & Container Stocks to Buy Now (2024)
Top packaging & container stocks in 2024 ranked by overall Zen Score. See the best packaging & container stocks to buy now, according to analyst forecasts for the packaging & containers industry.

Industry: Packaging & Containers
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
PKG
PACKAGING CORP OF AMERICA
NYSE
Packaging & Containers
$16.44B$183.130.40%$1.51B22.78x1.20
BALL
BALL CORP
NYSE
Packaging & Containers
$21.76B$70.11-0.16%$5.45B5.24x1.71
SLGN
SILGAN HOLDINGS INC
NYSE
Packaging & Containers
$5.04B$47.22-0.32%$839.41M16.45x2.99
SON
SONOCO PRODUCTS CO
NYSE
Packaging & Containers
$5.92B$60.280.43%$994.63M15.15x1.97
AVY
AVERY DENNISON CORP
NYSE
Packaging & Containers
$18.23B$226.300.77%$1.19B32.94x2.75
KRT
KARAT PACKAGING INC
NASDAQ
Packaging & Containers
$569.89M$28.53-0.59%$56.97M19.15x0.77
CCK
CROWN HOLDINGS INC
NYSE
Packaging & Containers
$10.25B$84.90-0.41%$1.57B24.47x4.76
GPK
GRAPHIC PACKAGING HOLDING CO
NYSE
Packaging & Containers
$8.64B$28.130.32%$1.75B12.67x2.97
SEE
SEALED AIR CORP
NYSE
Packaging & Containers
$5.66B$38.88-0.23%$961.50M15.49x11.03
BERY
BERRY GLOBAL GROUP INC
NYSE
Packaging & Containers
$6.94B$60.68-0.03%$1.74B14.18x3.85
GEF
GREIF INC
NYSE
Packaging & Containers
$3.01B$63.90-0.59%$749.30M10.94x1.97
IP
INTERNATIONAL PAPER CO
NYSE
Packaging & Containers
$14.12B$40.640.30%$1.89B82.94x1.79
REYN
REYNOLDS CONSUMER PRODUCTS INC
NASDAQ
Packaging & Containers
$6.08B$28.91-0.41%$676.00M18.41x1.44
MYE
MYERS INDUSTRIES INC
NYSE
Packaging & Containers
$610.54M$16.42-3.41%$89.99M15.35x2.25
PACK
RANPAK HOLDINGS CORP
NYSE
Packaging & Containers
$551.91M$6.65-1.04%$70.50M-23.75x0.98
WRK
WESTROCK CO
NYSE
Packaging & Containers
$13.67B$52.941.13%$2.30B44.12x1.67
TRS
TRIMAS CORP
NASDAQ
Packaging & Containers
$1.13B$27.66-0.50%$127.14M27.94x1.03
AMCR
AMCOR PLC
NYSE
Packaging & Containers
$14.84B$10.27-0.87%$1.76B22.77x3.21
DSS
DSS INC
NYSEMKT
Packaging & Containers
$12.58M$1.787.88%-$71.81M-0.16x1.18
OI
O-I GLASS INC
NYSE
Packaging & Containers
$2.07B$13.29-3.13%$739.00M-8.63x4.15
OCTO
EIGHTCO HOLDINGS INC
NASDAQ
Packaging & Containers
$5.96M$0.681.64%-$558.00k-0.47x12.15
MGIH
MILLENNIUM GROUP INTERNATIONAL HOLDINGS LTD
NASDAQ
Packaging & Containers
$15.64M$1.390.72%$1.96M-46.33x0.48
PTVE
PACTIV EVERGREEN INC
NASDAQ
Packaging & Containers
$2.41B$13.460.07%$687.00M-29.26x3.75
AMBP
ARDAGH METAL PACKAGING SA
NYSE
Packaging & Containers
$2.42B$4.05-0.49%N/AN/A232.52
TUP
TUPPERWARE BRANDS CORP
NYSE
Packaging & Containers
$102.37M$2.2032.53%-$50.60M-0.27x-2.30

Packaging & Container Stocks FAQ

What are the best packaging & container stocks to buy right now in May 2024?

According to Zen Score, the 3 best packaging & container stocks to buy right now are:

1. Packaging Of America (NYSE:PKG)


Packaging Of America (NYSE:PKG) is the top packaging & container stock with a Zen Score of 52, which is 20 points higher than the packaging & container industry average of 32. It passed 18 out of 38 due diligence checks and has strong fundamentals. Packaging Of America has seen its stock return 42.01% over the past year, overperforming other packaging & container stocks by 23 percentage points.

Packaging Of America has an average 1 year price target of $186.33, an upside of 1.75% from Packaging Of America's current stock price of $183.13.

Packaging Of America stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Packaging Of America, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Silgan Holdings (NYSE:SLGN)


Silgan Holdings (NYSE:SLGN) is the second best packaging & container stock with a Zen Score of 49, which is 17 points higher than the packaging & container industry average of 32. It passed 17 out of 38 due diligence checks and has strong fundamentals. Silgan Holdings has seen its stock lose -1.11% over the past year, underperforming other packaging & container stocks by -20 percentage points.

Silgan Holdings has an average 1 year price target of $52.00, an upside of 10.12% from Silgan Holdings's current stock price of $47.22.

Silgan Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Silgan Holdings, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 16.67% have issued a hold, while 0% have issued a Sell rating, and 16.67% have issued a Strong Sell.

3. Ball (NYSE:BALL)


Ball (NYSE:BALL) is the third best packaging & container stock with a Zen Score of 49, which is 17 points higher than the packaging & container industry average of 32. It passed 18 out of 38 due diligence checks and has strong fundamentals. Ball has seen its stock return 26.58% over the past year, overperforming other packaging & container stocks by 8 percentage points.

Ball has an average 1 year price target of $69.08, a downside of -1.46% from Ball's current stock price of $70.11.

Ball stock has a consensus Hold recommendation according to Wall Street analysts. Of the 12 analysts covering Ball, 8.33% have issued a Strong Buy rating, 8.33% have issued a Buy, 66.67% have issued a hold, while 8.33% have issued a Sell rating, and 8.33% have issued a Strong Sell.

What are the packaging & container stocks with highest dividends?

Out of 15 packaging & container stocks that have issued dividends in the past year, the 3 packaging & container stocks with the highest dividend yields are:

1. International Paper Co (NYSE:IP)


International Paper Co (NYSE:IP) has an annual dividend yield of 4.55%, which is 2 percentage points higher than the packaging & container industry average of 2.06%. International Paper Co's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. International Paper Co's dividend has shown consistent growth over the last 10 years.

International Paper Co's dividend payout ratio of 377.6% indicates that its high dividend yield might not be sustainable for the long-term.

2. Sonoco Products Co (NYSE:SON)


Sonoco Products Co (NYSE:SON) has an annual dividend yield of 3.4%, which is 1 percentage points higher than the packaging & container industry average of 2.06%. Sonoco Products Co's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Sonoco Products Co's dividend has shown consistent growth over the last 10 years.

Sonoco Products Co's dividend payout ratio of 51.3% indicates that its dividend yield is sustainable for the long-term.

3. Myers Industries (NYSE:MYE)


Myers Industries (NYSE:MYE) has an annual dividend yield of 3.29%, which is 1 percentage points higher than the packaging & container industry average of 2.06%. Myers Industries's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Myers Industries's dividend has shown consistent growth over the last 10 years.

Myers Industries's dividend payout ratio of 50.5% indicates that its dividend yield is sustainable for the long-term.

Why are packaging & container stocks up?

Packaging & container stocks were up 0.13% in the last day, and up 1.37% over the last week. Tupperware Brands was the among the top gainers in the packaging & containers industry, gaining 32.53% yesterday.

Tupperware Brand shares are trading higher amid volatility following increased retail investor momentum.

What are the most undervalued packaging & container stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued packaging & container stocks right now are:

1. Sonoco Products Co (NYSE:SON)


Sonoco Products Co (NYSE:SON) is the most undervalued packaging & container stock based on WallStreetZen's Valuation Score. Sonoco Products Co has a valuation score of 71, which is 36 points higher than the packaging & container industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Sonoco Products Co's stock has gained 2.73% in the past year. It has underperformed other stocks in the packaging & container industry by -16 percentage points.

2. Berry Global Group (NYSE:BERY)


Berry Global Group (NYSE:BERY) is the second most undervalued packaging & container stock based on WallStreetZen's Valuation Score. Berry Global Group has a valuation score of 71, which is 36 points higher than the packaging & container industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Berry Global Group's stock has gained 3.43% in the past year. It has underperformed other stocks in the packaging & container industry by -16 percentage points.

3. Crown Holdings (NYSE:CCK)


Crown Holdings (NYSE:CCK) is the third most undervalued packaging & container stock based on WallStreetZen's Valuation Score. Crown Holdings has a valuation score of 57, which is 22 points higher than the packaging & container industry average of 35. It passed 4 out of 7 valuation due diligence checks.

Crown Holdings's stock has gained 4.31% in the past year. It has underperformed other stocks in the packaging & container industry by -15 percentage points.

Are packaging & container stocks a good buy now?

38.1% of packaging & container stocks rated by analysts are a strong buy right now. On average, analysts expect packaging & container stocks to rise by 8.44% over the next year.

What is the average p/e ratio of the packaging & containers industry?

The average P/E ratio of the packaging & containers industry is 25.01x.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.