Ranpak (NYSE:PACK) Posts Earnings Results, Misses Expectations By $0.09 EPS

Ranpak (NYSE:PACK) posted its earnings results on Thursday. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.09), Zacks reports. Ranpak had a negative return on equity of 3.54% and a negative net margin of 5.64%. Ranpak updated its FY 2025 guidance to EPS.

Ranpak Stock Up 2.1 %

PACK stock traded up $0.14 during trading on Thursday, reaching $6.56. The stock had a trading volume of 507,445 shares, compared to its average volume of 722,641. Ranpak has a one year low of $4.30 and a one year high of $9.04. The company has a quick ratio of 2.01, a current ratio of 2.36 and a debt-to-equity ratio of 0.71. The company’s 50 day moving average is $6.91 and its two-hundred day moving average is $6.83. The company has a market capitalization of $545.75 million, a price-to-earnings ratio of -27.31 and a beta of 2.59.

Wall Street Analyst Weigh In

Separately, Cantor Fitzgerald started coverage on shares of Ranpak in a report on Thursday, December 19th. They issued an “overweight” rating and a $11.50 target price on the stock.

Ranpak Company Profile

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.