
PACK Stock Forecast & Price Target
PACK Analyst Ratings
Bulls say
Ranpak Holdings Corp reported a year-over-year net revenue increase of 6.9%, which improved to 8.8% when adjusted for constant currency, reflecting the company's strong market presence and adaptation to industry trends. The stabilization of activity in Europe and Asia Pacific, alongside slight year-over-year growth in automation sales, indicates a recovering demand environment for its protective packaging solutions. This positive outlook is further bolstered by the ongoing shift from plastic to paper among large enterprise customers in North America, highlighting Ranpak's alignment with sustainable practices in response to market demands.
Bears say
Ranpak Holdings Corp reported a disappointing net income of ($10.9) million, which fell short of both Cantor's estimate and consensus expectations. The company's constant currency adjusted EBITDA amounted to $17.3 million, representing a 19.0% margin, and reflected an 8% year-over-year decline, further impacted by a non-cash headwind from Amazon warrants. Additionally, guidance indicates a projected non-cash reduction in net revenue and adjusted EBITDA by $3 million to $5 million due to the recognition of warrant expense linked to Amazon revenue, suggesting ongoing financial challenges for the company.
This aggregate rating is based on analysts' research of Ranpak Holdings Corp and is not a guaranteed prediction by Public.com or investment advice.
PACK Analyst Forecast & Price Prediction
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