bebe stores, inc. (BEBE) Forms $5.99 Double Bottom; Packaging Of America (PKG)’s Sentiment Is 1.1

July 5, 2017 - By Henry Gaston

Packaging Corporation of America is a producer of containerboard products and uncoated freesheet. The company has market cap of $10.63 billion. The Firm operates through three divisions: Packaging, Paper, and Corporate and Other. It has a 22.85 P/E ratio. The Packaging segment produces a range of corrugated packaging products.

bebe stores, inc. (BEBE) formed double bottom with $5.57 target or 7.00% below today’s $5.99 share price. bebe stores, inc. (BEBE) has $48.81M valuation. The stock increased 0.84% or $0.05 on July 3, reaching $5.99. About shares traded. bebe stores, inc. (NASDAQ:BEBE) has risen 14.27% since July 5, 2016 and is uptrending. It has underperformed by 2.43% the S&P500.

Among 2 analysts covering Bebe Stores Inc. (NASDAQ:BEBE), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Bebe Stores Inc. had 5 analyst reports since August 28, 2015 according to SRatingsIntel. Zacks downgraded the shares of BEBE in report on Tuesday, September 1 to “Hold” rating. Mizuho maintained bebe stores, inc. (NASDAQ:BEBE) on Friday, October 2 with “Neutral” rating.

The stock increased 0.62% or $0.69 on July 3, reaching $112.11. About shares traded. Packaging Corp Of America (PKG) has risen 54.92% since July 5, 2016 and is uptrending. It has outperformed by 38.22% the S&P500.

Analysts await Packaging Corp Of America (NYSE:PKG) to report earnings on July, 19. They expect $1.48 EPS, up 18.40% or $0.23 from last year’s $1.25 per share. PKG’s profit will be $140.33M for 18.94 P/E if the $1.48 EPS becomes a reality. After $1.27 actual EPS reported by Packaging Corp Of America for the previous quarter, Wall Street now forecasts 16.54% EPS growth.

Chapter Iv Investors Llc holds 10.58% of its portfolio in Packaging Corp Of America for 335,200 shares. 12Th Street Asset Management Company Llc owns 150,754 shares or 3.87% of their US portfolio. Moreover, Rockshelter Capital Management Llc has 2.42% invested in the company for 90,685 shares. The Pennsylvania-based Guyasuta Investment Advisors Inc has invested 2.21% in the stock. Santa Barbara Asset Management Llc, a California-based fund reported 1.41 million shares.