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Graphic Packaging's stock hits a 52-week low after missing Q1 earnings and revenue targets.
Graphic Packaging, a consumer packaging company, hit a 52-week low in May, trading at $20.97.
The company missed Q1 earnings estimates, reporting $0.51 EPS compared to expected $0.56, with revenue falling short of the $2.14 billion estimate at $2.12 billion.
Despite the setback, the stock has a "Hold" rating and a $28.40 price target.
The company’s 52-week low comes amid a 6.2% revenue decrease from the previous year.
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Las acciones de Graphic Packaging alcanzan un mínimo de 52 semanas después de perder ganancias y objetivos de ingresos del primer trimestre.