Ranpak (NYSE:PACK) Announces Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Ranpak (NYSE:PACK) posted its quarterly earnings results on Thursday. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.01), FiscalAI reports. The business had revenue of $105.20 million during the quarter, compared to analyst estimates of $100.94 million. Ranpak had a negative net margin of 9.28% and a negative return on equity of 7.04%.

Here are the key takeaways from Ranpak’s conference call:

• Automation revenue surged 139% year over year on a constant-currency basis, supported by expansion with major customers such as Walmart and Medline and new integrator partnerships. Management said most 2026 revenue is contracted and reaffirmed its goal of approximately $60 million in automation revenue this year.
• Consolidated revenue rose 12.2% on a constant-currency basis, while adjusted EBITDA increased 13.9%; gross margin improved 150 basis points year over year. Management expects further margin gains in the second half from pricing, efficiency initiatives and Lean/Six Sigma programs.
• Automation is expected to reach EBITDA breakeven by year-end and become an EBITDA-positive contributor in 2027. The company also sees strong growth potential in sustainable cold-chain products, including Climaliner Plus, with relatively low ongoing capital requirements.
• PPS volumes increased 2.4%, with Europe outperforming and North American enterprise demand remaining strong, but the distribution channel continued to face difficult comparisons. Ranpak expects distribution activity to improve in the second half as comparisons normalize and new products gain traction.
• Management described the near-term environment as uncertain, citing volatile energy and paper costs, geopolitical risks and cautious customers. The company plans to prune lower-margin PPS and warrant-related business, which should improve profitability but may constrain some lower-quality revenue growth.

Ranpak Price Performance

NYSE PACK traded down $0.60 during trading hours on Thursday, hitting $5.24. The company had a trading volume of 1,477,598 shares, compared to its average volume of 426,075. The business has a 50 day moving average of $6.86 and a 200-day moving average of $5.53. Ranpak has a 1-year low of $3.22 and a 1-year high of $7.81. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.32 and a current ratio of 1.73.

Analysts Set New Price Targets

A number of research firms have recently commented on PACK. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ranpak in a report on Friday, July 17th. Wall Street Zen upgraded Ranpak from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Three analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $6.83.

Institutional Investors Weigh In On Ranpak

Large investors have recently modified their holdings of the company. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Ranpak during the fourth quarter worth about $55,000. Quantbot Technologies LP purchased a new stake in shares of Ranpak in the third quarter valued at about $58,000. nVerses Capital LLC acquired a new position in shares of Ranpak during the fourth quarter worth about $58,000. Corient Private Wealth LLC purchased a new position in Ranpak during the fourth quarter worth about $59,000. Finally, Numerai GP LLC acquired a new stake in Ranpak in the fourth quarter valued at about $62,000. 85.94% of the stock is owned by institutional investors and hedge funds.

About Ranpak

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.