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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
$16.11B$179.40-0.54%$1.51B22.31x1.20
BALL
BALL CORP
NYSE
Packaging & Containers
$21.47B$69.16-0.65%$5.45B5.17x1.71
SLGN
SILGAN HOLDINGS INC
NYSE
Packaging & Containers
$5.11B$47.842.20%$839.41M16.67x2.99
KRT
KARAT PACKAGING INC
NASDAQ
Packaging & Containers
$533.53M$26.71-7.71%$56.97M17.93x0.77
SON
SONOCO PRODUCTS CO
NYSE
Packaging & Containers
$5.79B$58.970.20%$994.63M14.82x1.97
AVY
AVERY DENNISON CORP
NYSE
Packaging & Containers
$18.17B$225.61-0.89%$1.19B32.84x2.75
CCK
CROWN HOLDINGS INC
NYSE
Packaging & Containers
$10.15B$84.030.30%$1.57B24.22x4.76
GPK
GRAPHIC PACKAGING HOLDING CO
NYSE
Packaging & Containers
$8.54B$27.79-0.50%$1.75B12.52x2.97
SEE
SEALED AIR CORP
NYSE
Packaging & Containers
$5.49B$37.670.51%$961.50M15.01x11.03
BERY
BERRY GLOBAL GROUP INC
NYSE
Packaging & Containers
$6.85B$59.890.20%$1.74B13.99x3.85
IP
INTERNATIONAL PAPER CO
NYSE
Packaging & Containers
$13.40B$38.58-3.16%$1.89B78.73x1.79
GEF
GREIF INC
NYSE
Packaging & Containers
$3.02B$64.06-0.68%$749.30M10.97x1.97
MYE
MYERS INDUSTRIES INC
NYSE
Packaging & Containers
$633.60M$17.04-0.87%$89.99M15.93x2.25
REYN
REYNOLDS CONSUMER PRODUCTS INC
NASDAQ
Packaging & Containers
$6.17B$29.360.34%$676.00M18.70x1.44
PACK
RANPAK HOLDINGS CORP
NYSE
Packaging & Containers
$556.06M$6.70-8.09%$70.50M-23.93x0.98
WRK
WESTROCK CO
NYSE
Packaging & Containers
$13.33B$51.64-0.12%$2.30B43.03x1.67
TRS
TRIMAS CORP
NASDAQ
Packaging & Containers
$1.09B$26.80-0.33%$127.14M27.07x1.03
AMCR
AMCOR PLC
NYSE
Packaging & Containers
$14.97B$10.360.39%$1.76B22.97x3.21
OI
O-I GLASS INC
NYSE
Packaging & Containers
$2.10B$13.480.22%$739.00M-8.75x4.15
MGIH
MILLENNIUM GROUP INTERNATIONAL HOLDINGS LTD
NASDAQ
Packaging & Containers
$16.71M$1.49-2.24%$1.96M-49.50x0.48
DSS
DSS INC
NYSEMKT
Packaging & Containers
$11.43M$1.62-2.00%-$74.84M-0.14x1.10
PTVE
PACTIV EVERGREEN INC
NASDAQ
Packaging & Containers
$2.38B$13.31-1.11%$687.00M-28.93x3.75
AMBP
ARDAGH METAL PACKAGING SA
NYSE
Packaging & Containers
$2.38B$3.98-1.49%N/AN/A232.52
OCTO
EIGHTCO HOLDINGS INC
NASDAQ
Packaging & Containers
$5.51M$0.656.97%-$53.72M-0.03x-15.19
TUP
TUPPERWARE BRANDS CORP
NYSE
Packaging & Containers
$60.02M$1.290.00%-$50.60M-0.16x-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 21 points higher than the packaging & container industry average of 31. It passed 18 out of 38 due diligence checks and has strong fundamentals. Packaging Of America has seen its stock return 34.6% over the past year, overperforming other packaging & container stocks by 18 percentage points.

Packaging Of America has an average 1 year price target of $186.33, an upside of 3.86% from Packaging Of America's current stock price of $179.40.

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. Karat Packaging (NASDAQ:KRT)


Karat Packaging (NASDAQ:KRT) is the second best packaging & container stock with a Zen Score of 49, which is 18 points higher than the packaging & container industry average of 31. It passed 20 out of 38 due diligence checks and has strong fundamentals. Karat Packaging has seen its stock return 81.58% over the past year, overperforming other packaging & container stocks by 65 percentage points.

Karat Packaging has an average 1 year price target of $32.50, an upside of 21.68% from Karat Packaging's current stock price of $26.71.

Karat Packaging stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Karat Packaging, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% 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 18 points higher than the packaging & container industry average of 31. It passed 18 out of 38 due diligence checks and has strong fundamentals. Ball has seen its stock return 22.13% over the past year, overperforming other packaging & container stocks by 6 percentage points.

Ball has an average 1 year price target of $69.08, a downside of -0.11% from Ball's current stock price of $69.16.

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 4.8%, which is 3 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 3.48%, 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. Greif (NYSE:GEF)


Greif (NYSE:GEF) has an annual dividend yield of 3.22%, which is 1 percentage points higher than the packaging & container industry average of 2.06%. Greif's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Greif's dividend has shown consistent growth over the last 10 years.

Greif's dividend payout ratio of 34.9% indicates that its dividend yield is sustainable for the long-term.

Why are packaging & container stocks down?

Packaging & container stocks were down -0.61% in the last day, and up 1.51% over the last week.

We couldn't find a catalyst for why packaging & container stocks are down.

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 dropped -0.3% in the past year. It has underperformed other stocks in the packaging & container industry by -17 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 2.66% in the past year. It has underperformed other stocks in the packaging & container industry by -14 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 1.68% 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 9.83% 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 24.24x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

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.