Ranpak Holdings Corp. (NYSE:PACK – Free Report) – Analysts at Cantor Fitzgerald issued their FY2026 earnings estimates for Ranpak in a research report issued on Monday, June 9th. Cantor Fitzgerald analyst T. Jensen expects that the company will post earnings per share of ($0.24) for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $6.00 target price 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 announced its earnings results on Tuesday, May 6th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.09). Ranpak had a negative return on equity of 3.54% and a negative net margin of 5.64%. The company had revenue of $91.20 million for the quarter, compared to the consensus estimate of $90.56 million. During the same period last year, the firm posted ($0.10) EPS. The company’s revenue was up 6.9% compared to the same quarter last year.
View Our Latest Report on Ranpak
Ranpak Trading Up 0.9%
Shares of PACK stock opened at $3.75 on Tuesday. Ranpak has a 1 year low of $2.91 and a 1 year high of $9.04. The firm’s fifty day simple moving average is $3.67 and its 200 day simple moving average is $5.72. The firm has a market capitalization of $315.45 million, a P/E ratio of -15.60 and a beta of 2.70. The company has a current ratio of 2.36, a quick ratio of 2.01 and a debt-to-equity ratio of 0.71.
Institutional Investors Weigh In On Ranpak
Institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. increased its holdings in Ranpak by 22.8% in the 4th quarter. JPMorgan Chase & Co. now owns 446,719 shares of the company’s stock valued at $3,073,000 after buying an additional 82,904 shares during the period. Vanguard Group Inc. increased its holdings in Ranpak by 2.0% in the 4th quarter. Vanguard Group Inc. now owns 2,543,196 shares of the company’s stock valued at $17,497,000 after buying an additional 49,102 shares during the period. SG Americas Securities LLC increased its holdings in 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 buying an additional 2,758 shares during the period. ProShare Advisors LLC bought a new stake in Ranpak in the 4th quarter valued at $83,000. Finally, Millennium Management LLC increased its holdings in Ranpak by 58.6% in the 4th quarter. Millennium Management LLC now owns 185,203 shares of the company’s stock valued at $1,274,000 after buying an additional 68,451 shares during the period. Institutional investors own 85.94% of the company’s stock.
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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