Research Reports Coverage on Consumer Goods Stocks -- Ball, Crown, Packaging Corp. of America, and Mohawk Industries

NEW YORK, October 10, 2016 /PRNewswire/ --

Stock-Callers.com draws investors' attention this morning to Ball Corp. (NYSE: BLL), Crown Holdings Inc. (NYSE: CCK), Packaging Corp. of America (NYSE: PKG), and Mohawk Industries Inc. (NYSE: MHK). These equities belong to the Consumer Goods sector, which was underwater in late trade on Friday, October 07, 2016. As per an article on the NASDAQ, shares of consumer staples companies in the S&P 500 fell about 0.3%, while shares of consumer discretionary firms in the S&P 500 posted a 0.4% decline. These stocks research reports can be downloaded now by simply registering for free at: http://stock-callers.com/registration

Ball 

Broomfield, Colorado headquartered Ball Corp.'s shares fell 1.55%, finishing last Friday's session at $78.32. A total volume of 665,572 shares was traded. Over the previous three months and since the start of this year, the stock has advanced 9.41% and 8.27%, respectively. The Company's shares are trading above their 200-day moving average by 8.25%. Additionally, shares of Ball, which supplies metal packaging products to the beverage, food, personal care, and household industries worldwide, have a Relative Strength Index (RSI) of 42.13.

On September 26th, 2016, Ball announced an agreement to sell its specialty tin manufacturing facility in Baltimore, Maryland, to US-based Independent Can Company for approximately $25 million. The transaction is expected to close during Q4 2016 and the proceeds are subject to customary closing adjustments. Your complete research report on BLL can be retrieved for free at: http://stock-callers.com/registration/?symbol=BLL

Crown Holdings 

On Friday, shares in Philadelphia, Pennsylvania headquartered Crown Holdings Inc. ended the session 0.71% lower at $55.86. The stock recorded a trading volume of 1.00 million shares, which was above its three months average volume of 912,400 shares. The Company's shares have gained 0.36% in the last month, 7.53% in the previous three months, and 10.18% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.64% and 9.32%, respectively. Moreover, shares of Crown Holdings, which designs, manufactures, and sells packaging products for consumer goods in the Americas, Europe, and the Asia/Pacific, have an RSI of 54.41.

As per notes filed with the SEC on September 19th, 2016, Crown completed its note offering of 600,000,000 aggregate principal amount of 2.625% Senior Notes due 2024 (the "Euro Offering") and of $400,000,000 aggregate principal amount of 4.250% Senior Notes due 2026 (the "Dollar Offering") on September 15th, 2016. The Euro Notes will mature on September 30th, 2024 and will accrue interest at a rate of 2.625% per year. The Dollar Notes will mature on September 30th, 2026 and will accrue interest at a rate of 4.250% per year.

On September 30th, 2016, research firm RBC Capital Markets initiated an 'Outperform' rating on the Company's stock, issuing a target price of $65 per share. CCK free report is just a click away at: http://stock-callers.com/registration/?symbol=CCK

Packaging Corp. of America 

Lake Forest, Illinois headquartered Packaging Corp. of America's stock declined 0.49%, to close the day at $80.62. A total volume of 851,449 shares was traded, which was above their three months average volume of 790,490 shares. The Company's shares have advanced 0.49% in the last one month, 16.51% in the previous three months, and 31.24% on an YTD basis. The stock is trading 3.30% above its 50-day moving average and 24.71% above its 200-day moving average. Additionally, shares of Packaging Corp. of America, which manufactures and sells containerboard and corrugated packaging products in the US, Europe, Mexico, and Canada, have an RSI of 52.94.

On September 22nd, 2016, research firm Goldman initiated a 'Sell' rating on the Company's stock, issuing a target price of $77 per share.

On October 5th, 2016, Packaging Corp. announced that it will hold a conference call on October 20th, 2016 at 10:00 a.m. (ET) to discuss Q3 2016 earnings results, which will be released after the market closes on October 19th, 2016. Sign up for your complimentary research report on PKG at: http://stock-callers.com/registration/?symbol=PKG
Mohawk Industries

Shares in Calhoun, Georgia headquartered Mohawk Industries Inc. recorded a trading volume of 426,036 shares. The stock ended Friday's session at $197.77, down 1.54%. The Company's shares have gained 0.98% in the previous three months and 4.42% since the start of this year. The stock is trading above its 200-day moving average by 3.12%. Furthermore, shares of Mohawk Industries, which designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces worldwide, have an RSI of 33.88.

On September 29th, 2016, research firm Wells Fargo initiated a 'Market Perform' rating on the Company's stock.

On October 3rd, 2016, Mohawk Industries announced that it will release its Q3 2016 earnings results on November 3rd, 2016, and will hold a conference call to discuss these results on November 4th, 2016 at 11:00 am ET. Register for free on Stock-Callers.com and download the latest research report on MHK at: http://stock-callers.com/registration/?symbol=MHK

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