NEW YORK, Nov. 13, 2017 /PRNewswire/ —
If you want a Stock Review on IP, OI, SEE, or SON then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. The Packaging and Containers industry encapsulates any business related to the manufacturing of containers or packaging services. Some businesses that fall under this sector are pure plays that either provide packaging services or build containers, but some conduct business with a mix of both container manufacturing and packaging services. Pre-market today, DailyStockTracker.com scans International Paper Co. (NYSE: IP), Owens-Illinois Inc. (NYSE: OI), Sealed Air Corp. (NYSE: SEE), and Sonoco Products Co. (NYSE: SON). Daily Stock Tracker provides great insights on these stocks in its free research reports at: http://dailystocktracker.com/register/
Shares in Memphis, Tennessee headquartered International Paper Co. ended Friday’s session 0.15% lower at $54.85. A total volume of 1.79 million shares was traded, which was above their three months average volume of 1.77 million shares. The stock has advanced 2.26% over the previous three months and 3.37% on an YTD basis. The Company’s shares are trading 0.81% above their 200-day moving average. Moreover, shares of International Paper, which operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, Africa, and Middle-East, have a Relative Strength Index (RSI) of 30.30.
On October 24th, 2017, research firm Stephens initiated an ‘Equal-Weight’ rating on the Company’s stock.
On November 01st, 2017, International Paper announced that Chairman and CEO Mark S. Sutton will speak at the Citi Basic Materials Conference on November 29th, 2017 in New York City. The presentation is scheduled to begin at 8:45 a.m. ET and will be followed by a question-and-answer session. The presentation and live webcast will be available on the Company’s website. Free research report on IP is available at: http://dailystocktracker.com/registration/?symbol=IP
Perrysburg, Ohio headquartered Owens-Illinois Inc.’s shares saw a slight drop of 0.13%, closing the day at $23.31. A total volume of 1.05 million shares was traded. The stock has advanced 33.89% on an YTD basis. The Company’s shares are trading 3.09% above their 200-day moving average. Additionally, shares of Owens-Illinois, which through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in Europe, North America, Latin America, and Asia/Pacific, have an RSI of 34.92.
On October 23rd, 2017, Owens-Illinois reported Q3 2017 net sales of $1.8 billion, segment operating profit of $260 million, and earnings from continuing operations of $0.77 per diluted share. With respect to full-year 2017 guidance, the Company expects reported earnings from continuing operations to be in the range of $0.90 to $1.86 per share; cash provided by continuing operating activities to be approximately $750 million; and adjusted free cash flow to be approximately $365 million.
On October 24th, 2017, research firm UBS reiterated its ‘Neutral’ rating on the Company’s stock with an increase of the target price from $26 a share to $27 a share. The complimentary research report on OI can be downloaded at: http://dailystocktracker.com/registration/?symbol=OI
Last Friday, shares in Charlotte, North Carolina headquartered Sealed Air Corp. declined 0.94%, closing the session at $44.35. The stock recorded a trading volume of 2.34 million shares. The Company’s shares have advanced 0.48% in the last one month. The stock is trading 1.28% above its 50-day moving average. Furthermore, shares of Sealed Air, which provides food safety and security, facility hygiene, and product protection solutions worldwide, have an RSI of 51.84.
On November 08th, 2017, Sealed Air announced financial results for Q3 2017. Net sales for Q3 2017 were $1.1 billion, net income from continuing operations was $62 million, and the effective tax rate was 41.2%. Cash flow provided by operating activities in the nine months ended September 30th, 2017 was $333 million, and capital expenditures were $127 million. Visit DailyStockTracker.com today and access our complete research report on SEE at: http://dailystocktracker.com/registration/?symbol=SEE
Hartsville, South Carolina headquartered Sonoco Products Co.’s stock finished the session 0.35% lower at $50.74. A total volume of 606,236 shares was traded, which was above their three months average volume of 544,670 shares. The Company’s shares have advanced 4.38% over the previous three months. The stock is trading above its 50-day moving average by 0.52%. Additionally, shares of Sonoco Products, which manufactures and sells industrial and consumer packaging products in North and South America, Europe, Australia, and Asia, have an RSI of 43.70.
On October 16th, 2017, Sonoco Products’ Board of Directors declared a $.39 per share quarterly common stock dividend. The dividend will be paid on December 08th, 2017, to shareholders of record as of November 10th, 2017. Get free access to your research report on SON at: http://dailystocktracker.com/registration/?symbol=SON
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