Wall Street brokerages expect Graphic Packaging Holding Company (NYSE:GPK) to report $1.12 billion in sales for the current quarter, according to Zacks. Four analysts have provided estimates for Graphic Packaging’s earnings, with the lowest sales estimate coming in at $1.09 billion and the highest estimate coming in at $1.17 billion. Graphic Packaging posted sales of $1.06 billion during the same quarter last year, which suggests a positive year over year growth rate of 5.7%. The business is expected to report its next quarterly earnings report on Tuesday, February 6th.

On average, analysts expect that Graphic Packaging will report full-year sales of $1.12 billion for the current year, with estimates ranging from $4.38 billion to $4.46 billion. For the next fiscal year, analysts expect that the firm will report sales of $4.57 billion per share, with estimates ranging from $4.52 billion to $4.66 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side analysts that cover Graphic Packaging.

Graphic Packaging (NYSE:GPK) last posted its quarterly earnings results on Tuesday, October 24th. The industrial products company reported $0.18 earnings per share for the quarter, hitting the consensus estimate of $0.18. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.11 billion. Graphic Packaging had a net margin of 3.70% and a return on equity of 17.27%. The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.20 earnings per share.

Several research firms have weighed in on GPK. Zacks Investment Research raised shares of Graphic Packaging from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. KeyCorp reissued a “hold” rating on shares of Graphic Packaging in a research note on Wednesday, October 4th. BidaskClub raised shares of Graphic Packaging from a “sell” rating to a “hold” rating in a research note on Saturday, August 12th. Robert W. Baird boosted their price target on shares of Graphic Packaging from $16.00 to $18.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 25th. Finally, Royal Bank Of Canada restated a “buy” rating and issued a $15.00 price objective on shares of Graphic Packaging in a research report on Tuesday, October 10th. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $16.26.

In other Graphic Packaging news, VP Deborah R. Frank sold 38,266 shares of the business’s stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $15.51, for a total value of $593,505.66. Following the transaction, the vice president now owns 77,139 shares in the company, valued at $1,196,425.89. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.02% of the stock is currently owned by insiders.

Several hedge funds have recently added to or reduced their stakes in GPK. Bank of New York Mellon Corp increased its position in shares of Graphic Packaging by 10.1% during the second quarter. Bank of New York Mellon Corp now owns 2,246,774 shares of the industrial products company’s stock valued at $30,961,000 after buying an additional 205,991 shares during the period. American Century Companies Inc. increased its position in shares of Graphic Packaging by 16.2% during the second quarter. American Century Companies Inc. now owns 4,634,520 shares of the industrial products company’s stock valued at $63,864,000 after buying an additional 644,863 shares during the period. Sei Investments Co. increased its position in shares of Graphic Packaging by 24.7% during the third quarter. Sei Investments Co. now owns 880,593 shares of the industrial products company’s stock valued at $12,284,000 after buying an additional 174,462 shares during the period. Ameriprise Financial Inc. increased its position in shares of Graphic Packaging by 292.7% during the second quarter. Ameriprise Financial Inc. now owns 2,816,525 shares of the industrial products company’s stock valued at $38,816,000 after buying an additional 2,099,223 shares during the period. Finally, Shell Asset Management Co. increased its position in shares of Graphic Packaging by 34.3% during the third quarter. Shell Asset Management Co. now owns 269,408 shares of the industrial products company’s stock valued at $3,349,000 after buying an additional 68,843 shares during the period. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Shares of Graphic Packaging (NYSE GPK) opened at $15.40 on Friday. The company has a debt-to-equity ratio of 1.96, a current ratio of 1.50 and a quick ratio of 0.74. The firm has a market cap of $4,769.60, a price-to-earnings ratio of 25.25, a price-to-earnings-growth ratio of 4.71 and a beta of 1.19. Graphic Packaging has a one year low of $12.00 and a one year high of $15.85.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Shareholders of record on Friday, December 15th will be given a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date is Thursday, December 14th. Graphic Packaging’s payout ratio is 57.69%.

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About Graphic Packaging

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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Earnings History and Estimates for Graphic Packaging (NYSE:GPK)

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