Cantor Fitzgerald Weighs in on Ranpak FY2025 Earnings

Ranpak Holdings Corp. (NYSE:PACKFree Report) – Equities research analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for Ranpak in a research note issued on Tuesday, January 21st. Cantor Fitzgerald analyst T. Jensen anticipates that the company will post earnings per share of ($0.31) for the year. Cantor Fitzgerald has a “Overweight” rating and a $11.50 price objective on the stock. The consensus estimate for Ranpak’s current full-year earnings is ($0.20) per share.

Separately, Robert W. Baird dropped their target price on Ranpak from $10.00 to $7.00 and set a “neutral” rating for the company in a report on Friday, November 1st.

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Ranpak Trading Down 3.5 %

Shares of PACK stock opened at $6.24 on Wednesday. Ranpak has a 52-week low of $3.85 and a 52-week high of $9.04. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.01 and a current ratio of 2.36. The stock has a market cap of $519.13 million, a price-to-earnings ratio of -25.98 and a beta of 2.41. The firm has a fifty day moving average of $7.14 and a 200-day moving average of $6.85.

Ranpak (NYSE:PACKGet Free Report) last announced its earnings results on Thursday, October 31st. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.06). Ranpak had a negative return on equity of 3.54% and a negative net margin of 5.64%. The company had revenue of $92.20 million for the quarter, compared to the consensus estimate of $90.76 million. During the same period last year, the firm posted ($0.03) EPS. The company’s revenue was up 11.4% compared to the same quarter last year.

Hedge Funds Weigh In On Ranpak

A number of institutional investors and hedge funds have recently bought and sold shares of PACK. Quarry LP bought a new position in Ranpak in the 3rd quarter worth approximately $39,000. Quantbot Technologies LP bought a new stake in Ranpak in the third quarter valued at about $42,000. Glenmede Trust Co. NA bought a new position in Ranpak during the 3rd quarter worth approximately $67,000. Paloma Partners Management Co bought a new position in shares of Ranpak during the third quarter worth $68,000. Finally, BNP Paribas Financial Markets increased its holdings in shares of Ranpak by 27.6% in the third quarter. BNP Paribas Financial Markets now owns 14,258 shares of the company’s stock worth $93,000 after acquiring an additional 3,087 shares in the last quarter. Institutional investors and hedge funds own 85.94% of the company’s stock.

About Ranpak

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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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