GPK Stock Summary and Trading Ideas (Graphic Packaging Holding Company | NYSE:GPK)

Graphic Packaging Holding Co is a holding company that manufactures and sells a variety of paper-based consumer packaging products through its subsidiaries. The company's reportable segments are; Paperboard Manufacturing, Americas Paperboard Packaging, and Europe Paperboard Packaging. The majority of the revenue is generated from its Americas Paperboard Packaging segment which includes paperboard packaging sold predominantly to consumer packaged goods (CPG) companies and cups, lids and food containers sold to foodservice companies and quick-service restaurants (QSR) serving the food, beverage, and consumer product markets in the Americas. Geographically, the company generates revenue from the Americas, Europe and Asia Pacific regions.

Graphic Packaging Holding Company trades on the NYSE stock market under the symbol GPK.

As of April 23, 2024, GPK stock price declined to $27.31 with 323,582 million shares trading.

GPK has a beta of 0.74, meaning it tends to be less sensitive to market movements. GPK has a correlation of 0.14 to the broad based SPY ETF.

GPK has a market cap of $8.36 billion. This is considered a Mid Cap stock.

Last quarter Graphic Packaging Holding Company reported $2 billion in Revenue and $.75 earnings per share. This fell short of revenue expectation by $-151 million and exceeded earnings estimates by $.05.

In the last 3 years, GPK stock traded as high as $29.50 and as low as $16.94.

The top ETF exchange traded funds that GPK belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.

GPK has underperformed the market in the last year with a price return of +13.5% while the SPY ETF gained +23.9%. However, in the short term, GPK had mixed performance relative to the market. It has outperformed in the last 3 months, returning +8.2% vs +4.6% return in SPY. But in the last 2 weeks, GPK shares have been beat by the market, returning -5.2% compared to an SPY return of -2.8%.

GPK support price is $27.03 and resistance is $27.75 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GPK stock will trade within this expected range on the day.