Ranpak Holdings Corp. (NYSE:PACK – Free Report) – Cantor Fitzgerald issued their FY2025 earnings estimates for shares of Ranpak in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst T. Jensen expects that the company will post earnings of ($0.31) per share for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $11.50 price target on the stock. The consensus estimate for Ranpak’s current full-year earnings is ($0.20) per share.
Ranpak (NYSE:PACK – Get Free Report) last posted its earnings results on Thursday, October 31st. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.06). The firm had revenue of $92.20 million during the quarter, compared to analyst estimates of $90.76 million. Ranpak had a negative net margin of 5.64% and a negative return on equity of 3.54%. Ranpak’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.03) EPS.
Get Our Latest Stock Analysis on PACK
Ranpak Stock Down 3.5 %
PACK opened at $6.24 on Wednesday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.01 and a current ratio of 2.36. The stock has a fifty day moving average of $7.14 and a 200-day moving average of $6.85. Ranpak has a fifty-two week low of $3.85 and a fifty-two week high of $9.04. The company has a market capitalization of $519.13 million, a P/E ratio of -25.98 and a beta of 2.41.
Institutional Investors Weigh In On Ranpak
A number of large investors have recently bought and sold shares of the company. SG Americas Securities LLC increased its stake in shares of Ranpak by 16.9% in the 4th quarter. SG Americas Securities LLC now owns 19,059 shares of the company’s stock valued at $131,000 after purchasing an additional 2,758 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Ranpak by 185.5% in the third quarter. JPMorgan Chase & Co. now owns 363,815 shares of the company’s stock valued at $2,376,000 after buying an additional 236,398 shares in the last quarter. Franklin Resources Inc. raised its stake in Ranpak by 15.6% during the third quarter. Franklin Resources Inc. now owns 28,900 shares of the company’s stock worth $183,000 after acquiring an additional 3,909 shares in the last quarter. Barclays PLC boosted its stake in shares of Ranpak by 367.0% in the 3rd quarter. Barclays PLC now owns 73,116 shares of the company’s stock valued at $478,000 after purchasing an additional 57,461 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in Ranpak by 4.2% in the third quarter. Geode Capital Management LLC now owns 990,835 shares of the company’s stock valued at $6,471,000 after buying an additional 40,049 shares in the last quarter. 85.94% of the stock is currently owned by institutional investors and hedge funds.
About Ranpak
Ranpak Holdings Corp., together with its subsidiaries, provides product protection solutions and end-of-line automation solutions for e-commerce and industrial supply chains in North America, Europe, and Asia. The company offers protective packaging solutions, such as void-fill protective systems that convert paper to fill empty spaces in secondary packages and protect objects under the FillPak brand; cushioning protective systems, which convert paper into cushioning pads under the PadPak brand; and wrapping protective systems that create pads or paper mesh to wrap and protect fragile items, as well as to line boxes and provide separation when shipping various objects under the WrapPak, Geami, and ReadyRoll brands, as well as cold chain products, which are used to provide insulation for goods.
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