Ranpak (NYSE:PACK) Reaches New 52-Week High – Here’s Why

Posted by Brenda Bartman on Jun 9th, 2026

Ranpak Holdings Corp (NYSE:PACK – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $7.16 and last traded at $6.9610, with a volume of 42414 shares changing hands. The stock had previously closed at $6.83.

Analysts Set New Price Targets

A number of research firms have issued reports on PACK. Cantor Fitzgerald reissued an “overweight” rating on shares of Ranpak in a research note on Friday, March 6th. Wall Street Zen raised shares of Ranpak from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Craig Hallum reduced their target price on shares of Ranpak from $10.00 to $8.00 and set a “buy” rating for the company in a research note on Friday, March 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ranpak in a research note on Tuesday, April 21st. Finally, UBS Group reaffirmed an “overweight” rating on shares of Ranpak in a research note on Friday, March 6th. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $6.83.

Read Our Latest Stock Report on PACK

Ranpak Trading Up 1.0%

The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.32 and a current ratio of 1.73. The business’s 50 day moving average price is $5.16 and its two-hundred day moving average price is $5.12. The company has a market capitalization of $590.23 million, a price-to-earnings ratio of -15.68 and a beta of 3.14.

Ranpak (NYSE:PACK – Get Free Report) last released its earnings results on Thursday, April 30th. The company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.01). Ranpak had a negative return on equity of 7.04% and a negative net margin of 9.28%.The business had revenue of $101.20 million during the quarter, compared to the consensus estimate of $91.59 million. Equities analysts forecast that Ranpak Holdings Corp will post -0.25 earnings per share for the current fiscal year.

Institutional Trading of Ranpak

Hedge funds and other institutional investors have recently made changes to their positions in the business. MQS Management LLC bought a new stake in shares of Ranpak in the 1st quarter worth approximately $47,000. Engineers Gate Manager LP acquired a new position in shares of Ranpak in the 2nd quarter valued at $49,000. Gamco Investors INC. ET AL boosted its position in shares of Ranpak by 27.9% in the 2nd quarter. Gamco Investors INC. ET AL now owns 14,000 shares of the company’s stock valued at $50,000 after purchasing an additional 3,050 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in shares of Ranpak in the 4th quarter valued at $55,000. Finally, Ballast Inc. acquired a new position in shares of Ranpak in the 3rd quarter valued at $56,000. 85.94% of the stock is currently owned by institutional investors.

Ranpak Company Profile

(Get Free Report)

Ranpak Holdings Corp. (NYSE: PACK) is a leading provider of sustainable, paper-based packaging solutions designed to protect products during transit. The company’s core business centers on the design, manufacture and distribution of automated systems and consumable paper packaging materials that offer an eco-friendly alternative to plastic-based void-fill and protective packaging. Ranpak’s solutions include crumpled paper fillers, paper wrap systems and tailored automation equipment that serve diverse end markets such as e-commerce, industrial parts, electronics and retail.

Founded in 1972 and headquartered in Concord Township, Ohio, Ranpak has built a global presence by combining innovation in paper converting technology with a commitment to sustainability.