Ranpak (NYSE:PACK) Issues Quarterly Earnings Results

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

Ranpak Price Performance

Ranpak stock traded up $0.12 during trading hours on Thursday, hitting $6.54. 626,842 shares of the company traded hands, compared to its average volume of 723,958. The firm’s 50-day simple moving average is $6.91 and its two-hundred day simple moving average is $6.83. The firm has a market cap of $544.50 million, a P/E ratio of -27.15 and a beta of 2.59. Ranpak has a 1-year low of $4.30 and a 1-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.

Wall Street Analyst Weigh In

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