Media stories about Graphic Packaging (NYSE:GPK) have been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Graphic Packaging earned a news impact score of 0.09 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 47.36892149216 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news stories that may have effected Accern’s analysis:
- Graphic Packaging International to invest $136 million in Macon-Bibb County (pressreleasepoint.com)
- Graphic Packaging (GPK) Raised to Hold at Zacks Investment Research (americanbankingnews.com)
- Georgia manufacturer investing $136 million to modernize Macon mill (finance.yahoo.com)
- BRIEF-Graphic Packaging Says U.S. FTC Granted Early Termination For Deal Between Co, International Paper, Others (GPK, IP) (markets.businessinsider.com)
- GRAPHIC PACKAGING HOLDING CO : Other Events (form 8-K) (4-traders.com)
Several equities analysts recently commented on GPK shares. Zacks Investment Research upgraded shares of Graphic Packaging from a “sell” rating to a “hold” rating in a research note on Tuesday, September 12th. KeyCorp reaffirmed a “hold” rating on shares of Graphic Packaging in a research report on Sunday, October 29th. BMO Capital Markets reissued a “buy” rating and issued a $15.50 target price on shares of Graphic Packaging in a report on Friday, September 1st. Stephens assumed coverage on shares of Graphic Packaging in a report on Tuesday, October 24th. They issued an “overweight” rating and a $17.00 target price for the company. Finally, Robert W. Baird increased their target price on shares of Graphic Packaging from $16.00 to $18.00 and gave the stock an “outperform” rating in a report on Wednesday, October 25th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $16.26.
Graphic Packaging (NYSE:GPK) last issued its earnings results on Tuesday, October 24th. The industrial products company reported $0.18 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.18. Graphic Packaging had a return on equity of 17.27% and a net margin of 3.70%. The company had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.11 billion. During the same period last year, the business earned $0.20 EPS. Graphic Packaging’s quarterly revenue was up 3.1% compared to the same quarter last year. research analysts expect that Graphic Packaging will post 0.65 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Shareholders of record on Friday, December 15th will be paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 1.94%. The ex-dividend date is Thursday, December 14th. Graphic Packaging’s dividend payout ratio (DPR) is presently 57.69%.
In other news, VP Deborah R. Frank sold 38,266 shares of Graphic Packaging stock in a transaction on Friday, October 27th. The stock was sold at an average price of $15.51, for a total transaction of $593,505.66. Following the sale, the vice president now directly owns 77,139 shares in the company, valued at approximately $1,196,425.89. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.02% of the company’s stock.
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Graphic Packaging Company Profile
Graphic Packaging Holding Company is a provider of paper-based packaging solutions for a range of products to food, beverage and other consumer product companies. The Company’s segments include Paperboard Mills, Americas Paperboard Packaging, Europe Paperboard Packaging, and Corporate and Other. The Paperboard Mills segment includes the Company’s North American paperboard mills, which produce primarily coated unbleached kraft and coated recycled board.
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