Ranpak Hldgs (NYSE:PACK) is gearing up to announce its quarterly earnings on Thursday, 2024-10-31. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Ranpak Hldgs will report an earnings per share (EPS) of $-0.05.

Ranpak Hldgs bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Overview of Past Earnings

During the last quarter, the company reported an EPS beat by $0.13, leading to a 8.6% drop in the share price on the subsequent day.

Here's a look at Ranpak Hldgs's past performance and the resulting price change:

Analysts' Take on Ranpak Hldgs

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Ranpak Hldgs.

Analysts have provided Ranpak Hldgs with 2 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $10.0, suggesting a potential 70.07% upside.

Analyzing Analyst Ratings Among Peers

The following analysis focuses on the analyst ratings and average 1-year price targets of Pactiv Evergreen, Sonoco Prods and Sealed Air, three prominent industry players, providing insights into their relative performance expectations and market positioning.

Insights: Peer Analysis

The peer analysis summary presents essential metrics for Pactiv Evergreen, Sonoco Prods and Sealed Air, unveiling their respective standings within the industry and providing valuable insights into their market positions and comparative performance.

Key Takeaway:

Ranpak Hldgs ranks at the bottom for Revenue Growth among its peers. It is also at the bottom for Gross Profit. However, it is at the top for Return on Equity.

Get to Know Ranpak Hldgs Better

Ranpak Hldgs: Financial Performance Dissected

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Revenue Growth: Ranpak Hldgs's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 5.49%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Materials sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Ranpak Hldgs's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 6.37%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Ranpak Hldgs's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 0.98%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Ranpak Hldgs's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.49%, the company may face hurdles in achieving optimal financial performance.

Debt Management: With a below-average debt-to-equity ratio of 0.75, Ranpak Hldgs adopts a prudent financial strategy, indicating a balanced approach to debt management.

To track all earnings releases for Ranpak Hldgs visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.