With 2.09 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.2 million shares. The 52-week range on GPK shows that it touched its highest point at $30.70 and its lowest point at $23.47 during that stretch. It currently has a 1-year price target of $31.40. With its current market cap of 8.13 billion, GPK has annualized dividend of $0.40 while the current yield stands at 1.48%. Beta for the stock currently stands at 0.81.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GPK was up-trending over the past week, with a rise of 2.46%, but this was down by -4.31% over a month. Three-month performance dropped to -4.11% while six-month performance fell -4.65%. The stock gained 9.77% in the past year, while it has lost -0.29% so far this year. A look at the trailing 12-month EPS for GPK yields 2.15 with Next year EPS estimates of 2.81. For the next quarter, that number is 0.59. This implies an EPS growth rate of 3.18% for this year and 9.40% for next year. EPS is expected to grow by 5.16% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 25.19%.
Float and Shares Shorts:
At present, 300.16 million GPK shares are outstanding with a float of 296.50 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GPK since 8 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.53509 being high and $2.50515 being low. For GPK, this leads to a yearly average estimate of $2.52511. Based on analyst estimates, the high estimate for the next quarter is $0.68 and the low estimate is $0.57. The average estimate for the next quarter is thus $0.61.
