S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?

Pactiv Evergreen (PTVE) Stock Price, News & Analysis

$14.32
+0.19 (+1.34%)
(As of 03/28/2024 ET)
Today's Range
$14.13
$14.39
50-Day Range
$12.99
$15.01
52-Week Range
$6.85
$15.25
Volume
304,839 shs
Average Volume
466,270 shs
Market Capitalization
$2.56 billion
P/E Ratio
N/A
Dividend Yield
2.79%
Price Target
$15.75

Pactiv Evergreen MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
10.0% Upside
$15.75 Price Target
Short Interest
Healthy
2.26% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
15.93%
From $1.13 to $1.31 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.88 out of 5 stars

Consumer Discretionary Sector

88th out of 271 stocks

Bags: Plastic, Laminated, & Coated Industry

1st out of 2 stocks

PTVE stock logo

About Pactiv Evergreen Stock (NASDAQ:PTVE)

Pactiv Evergreen Inc. manufactures and distributes fresh foodservice and food merchandising products, and fresh beverage cartons in the United States, rest of North America, and internationally. It operates in two segments, Foodservice, and Food and Beverage Merchandising. The Foodservice segment offers food containers; drinkware, such as hot and cold cups and lids; and tableware, service ware, and other products. The Food and Beverage Merchandising segment manufactures cartons for fresh refrigerated beverage products, including dairy, juice, and other specialty beverage; clear rigid-display containers, containers for prepared and ready-to-eat food, and trays for meat and poultry and egg cartons; fiber-based liquid packaging board; and supplies fresh carton systems comprises printed cartons, spouts, and filling machinery. It serves its products to full-service restaurants, quick service restaurants, foodservice distributors, supermarkets, grocery and healthy eating retailers, other food stores, food and beverage producers, and food packers and food processors. The company was formerly known as Reynolds Group Holdings Limited. The company was founded in 1880 and is headquartered in Lake Forest, Illinois. Pactiv Evergreen Inc. is a subsidiary of Packaging Finance Limited.

PTVE Stock Price History

PTVE Stock News Headlines

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An alarming new reality is unfolding across America. The United States is bracing for the unthinkable - a potential Chinese invasion.
Expert Outlook: Pactiv Evergreen Through The Eyes Of 9 Analysts
Pactiv Evergreen: Q4 Earnings Insights
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Q4 2023 Pactiv Evergreen Inc Earnings Call
Goldman Sachs Keeps Their Hold Rating on Pactiv Evergreen (PTVE)
Pactiv Evergreen Inc. Declares Quarterly Dividend
Pactiv Evergreen Inc. Declares Quarterly Dividend
Pactiv Evergreen Q4 2023 Earnings Preview
PTVE Mar 2024 10.000 call
5 Analysts Have This To Say About Pactiv Evergreen
RBC Capital Sticks to Its Buy Rating for Pactiv Evergreen (PTVE)
See More Headlines
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Company Calendar

Last Earnings
3/01/2024
Ex-Dividend for 3/29 Dividend
3/14/2024
Today
3/28/2024
Dividend Payable
3/29/2024
Next Earnings (Estimated)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Bags: plastic, laminated, & coated
Sub-Industry
N/A
Current Symbol
NASDAQ:PTVE
Fax
N/A
Employees
15,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.75
High Stock Price Target
$19.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+10.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$-223,000,000.00
Pretax Margin
-4.08%

Debt

Sales & Book Value

Annual Sales
$5.51 billion
Cash Flow
$4.52 per share
Book Value
$7.56 per share

Miscellaneous

Free Float
177,789,000
Market Cap
$2.56 billion
Optionable
Optionable
Beta
1.51
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PTVE Stock Analysis - Frequently Asked Questions

Should I buy or sell Pactiv Evergreen stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pactiv Evergreen in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PTVE shares.
View PTVE analyst ratings
or view top-rated stocks.

What is Pactiv Evergreen's stock price target for 2024?

7 brokers have issued 12 month target prices for Pactiv Evergreen's shares. Their PTVE share price targets range from $11.00 to $19.00. On average, they predict the company's share price to reach $15.75 in the next twelve months. This suggests a possible upside of 10.0% from the stock's current price.
View analysts price targets for PTVE
or view top-rated stocks among Wall Street analysts.

How have PTVE shares performed in 2024?

Pactiv Evergreen's stock was trading at $13.71 at the beginning of the year. Since then, PTVE stock has increased by 4.4% and is now trading at $14.32.
View the best growth stocks for 2024 here
.

When is Pactiv Evergreen's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our PTVE earnings forecast
.

How were Pactiv Evergreen's earnings last quarter?

Pactiv Evergreen Inc. (NASDAQ:PTVE) issued its quarterly earnings data on Friday, March, 1st. The company reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.14 by $0.19. The company earned $1.27 billion during the quarter, compared to analysts' expectations of $1.32 billion. Pactiv Evergreen had a positive trailing twelve-month return on equity of 13.24% and a negative net margin of 4.05%. Pactiv Evergreen's revenue was down 13.7% on a year-over-year basis. During the same period last year, the business posted $0.18 EPS.

How often does Pactiv Evergreen pay dividends? What is the dividend yield for Pactiv Evergreen?

Pactiv Evergreen announced a quarterly dividend on Tuesday, February 27th. Shareholders of record on Friday, March 15th will be given a dividend of $0.10 per share on Friday, March 29th. This represents a $0.40 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for PTVE
.

Is Pactiv Evergreen a good dividend stock?

Pactiv Evergreen (NASDAQ:PTVE) pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.90%.
Read our dividend analysis for PTVE.

What ETFs hold Pactiv Evergreen's stock?

ETFs with the largest weight of Pactiv Evergreen (NASDAQ:PTVE) stock in their portfolio include First Trust Small Cap Value AlphaDEX Fund (FYT).First Trust Small Cap Core AlphaDEX Fund (FYX).

When did Pactiv Evergreen IPO?

Pactiv Evergreen (PTVE) raised $800 million in an IPO on Thursday, September 17th 2020. The company issued 41,000,000 shares at $18.00-$21.00 per share. Credit Suisse, Citigroup, BofA Securities and Goldman Sachs & Co served as the underwriters for the IPO and Baird, BMO Capital Markets, Deutsche Bank Securities, RBC Capital Markets, Academy Securities, Loop Capital Markets, Rabo Securities, Ramirez & Co. and Siebert Williams Shank were co-managers.

Who are Pactiv Evergreen's major shareholders?

Pactiv Evergreen's stock is owned by many different retail and institutional investors. Top institutional shareholders include Rubric Capital Management LP (2.82%), Vanguard Group Inc. (2.04%), Vanguard Group Inc. (2.04%), Frontier Capital Management Co. LLC (1.83%), Dimensional Fund Advisors LP (0.90%) and Bridgeway Capital Management LLC (0.70%). Insiders that own company stock include Allen Hugli, Eric Wulf, Michael Jack King, Rolf Stangl and Tim A Levenda.
View institutional ownership trends
.

How do I buy shares of Pactiv Evergreen?

Shares of PTVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PTVE) was last updated on 3/28/2024 by MarketBeat.com Staff

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