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Last €60.09 EUR
Change Today +0.373 / 0.62%
Volume 65.0
PKA On Other Exchanges
Symbol
Exchange
New York
Munich
As of 11:18 AM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

packaging corp of america (PKA) Snapshot

Open
€59.12
Previous Close
€59.72
Day High
€61.21
Day Low
€59.12
52 Week High
03/12/15 - €76.07
52 Week Low
10/15/14 - €44.74
Market Cap
5.9B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
97.7M
EX-Date
06/11/15
P/E TM
--
Dividend
€2.19
Dividend Yield
2.73%
Current Stock Chart for PACKAGING CORP OF AMERICA (PKA)

packaging corp of america (PKA) Related Businessweek News

No Related Businessweek News Found

packaging corp of america (PKA) Details

Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States, Europe, Mexico, and Canada. The company’s Packaging segment offers various corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging. This segment also produces packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. Its Paper segment provides white papers comprising commodity and specialty papers with various features, such as colors, coatings, high brightness, and recycled content. The white papers consist of communication papers, including cut-size office papers, and printing and converting papers; and pressure sensitive papers, such as release liners that are used to produce labels for use in consumer and commercially-packaged products. This segment also produces market pulp. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.

14,000 Employees
Last Reported Date: 02/27/15
Founded in 1867

packaging corp of america (PKA) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $1.0M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $566.5K
Executive Vice President of Corrugated Produc...
Total Annual Compensation: $804.4K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $412.0K
Senior Vice President of Containerboard Mill ...
Total Annual Compensation: $412.0K
Compensation as of Fiscal Year 2014.

packaging corp of america (PKA) Key Developments

Packaging Corporation of America Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2015; Reports Production Results for the Second Quarter Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter of 2015 and Capex Guidance for 2016

Packaging Corporation of America announced unaudited consolidated financial results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales of USD 1,454.3 million against USD 1,468.4 million a year ago. Income from operations was USD 197.6 million against USD 180.2 million a year ago. Income before taxes was USD 175.4 million against USD 158.8 million a year ago. Net income was USD 114.0 million or USD 1.16 per diluted share against USD 99.6 million or USD 1.01 per diluted share a year ago. EBITDA was USD 284.4 million against USD 281.8 million a year ago. Net income excluding special items was USD 115.6 million or USD 1.18 per diluted share against USD 113.8 million or USD 1.16 per diluted share a year ago. Income from operations, excluding special items was USD 200.3 million against USD 202.9 million a year ago. EBITDA excluding special items was USD 287.1 million against USD 287.3 million a year ago. These earnings improvements were partially offset by lower white paper prices and mix changes, which reduced earnings by USD 0.10 per share; higher labor and benefit costs of USD 0.05 per share; lower export containerboard prices of USD 0.02 per share; higher annual outage cost, USD 0.03 per share; and higher wood costs of USD 0.02 per share. Cash provided by operations in the second quarter was USD 196 million after deducting USD 78 million in cash tax payments for federal and state income taxes. For the six months, the company reported net sales of USD 2,880.0 million against USD 2,899.7 million a year ago. Income from operations was USD 354.7 million against USD 341.2 million a year ago. Income before taxes was USD 313.3 million against USD 299.0 million a year ago. Net income was USD 204.8 million or USD 2.08 per diluted share against USD 189.6 million or USD 1.93 per diluted share a year ago. EBITDA was USD 534.9 million against USD 526.2 million a year ago. Net income excluding special items was USD 215.2 million or USD 2.19 per diluted share against USD 220.3 million or USD 2.24 per diluted share a year ago. Income from operations, excluding special items was USD 371.2 million against USD 389.6 million a year ago. EBITDA excluding special items was USD 542.4 million against USD 557.4 million a year ago. For the quarter, the company reported containerboard production of 937,000 tons which was an increase of 91,000 tons over last year’s second quarter including 79,000 tons from the D3 machine at DeRidder. For the third quarter of 2015, the company expects earnings of USD 1.28 per share. The third quarter tax rate is expected to be about the same as the second quarter of 2015. For 2016, the company expects capex would be in the same range, the USD 275 million to USD 300 million.

Packaging Corporation of America to Report Q2, 2015 Results on Jul 21, 2015

Packaging Corporation of America announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Jul 21, 2015

Packaging Corporation of America, Q2 2015 Earnings Call, Jul 22, 2015

Packaging Corporation of America, Q2 2015 Earnings Call, Jul 22, 2015

 

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Industry Analysis

PKA

Industry Average

Valuation PKA Industry Range
Price/Earnings 16.3x
Price/Sales 1.1x
Price/Book 4.1x
Price/Cash Flow 16.2x
TEV/Sales 0.7x
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