NASDAQ:PTVE Pactiv Evergreen (PTVE) Stock Price, News & Analysis → The “Perfect Storm” for Gold (From Gold Safe Exchange) (Ad) Free PTVE Stock Alerts $14.14 -0.10 (-0.70%) (As of 04/18/2024 ET) Add Compare Share Share Today's Range$14.07▼$14.5850-Day Range$12.99▼$15.2652-Week Range$6.85▼$15.51Volume267,064 shsAverage Volume443,510 shsMarket Capitalization$2.52 billionP/E RatioN/ADividend Yield2.83%Price Target$16.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Pactiv Evergreen alerts: Email Address Pactiv Evergreen MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside13.2% Upside$16.00 Price TargetShort InterestHealthy2.33% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.51Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth15.93%From $1.13 to $1.31 Per ShareSee Full Details Hide Full Details 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.3.55 out of 5 starsConsumer Discretionary Sector108th out of 250 stocksBags: Plastic, Laminated, & Coated Industry1st out of 2 stocks 3.4 Analyst's Opinion Consensus RatingPactiv Evergreen has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoveragePactiv Evergreen has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.33% of the float of Pactiv Evergreen has been sold short.Short Interest Ratio / Days to CoverPactiv Evergreen has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Pactiv Evergreen has recently increased by 2.88%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldPactiv Evergreen pays a meaningful dividend of 2.74%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPactiv Evergreen does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Pactiv Evergreen will have a dividend payout ratio of 30.53% next year. This indicates that Pactiv Evergreen will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PTVE. Previous Next 2.5 News and Social Media Coverage News SentimentPactiv Evergreen has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Pactiv Evergreen this week, compared to 2 articles on an average week.Search Interest10 people have searched for PTVE on MarketBeat in the last 30 days. This is an increase of 900% compared to the previous 30 days.MarketBeat Follows6 people have added Pactiv Evergreen to their MarketBeat watchlist in the last 30 days. This is an increase of 20% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Pactiv Evergreen insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.43% of the stock of Pactiv Evergreen is held by insiders.Percentage Held by InstitutionsOnly 22.23% of the stock of Pactiv Evergreen is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Pactiv Evergreen are expected to grow by 15.93% in the coming year, from $1.13 to $1.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pactiv Evergreen is -11.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Pactiv Evergreen is -11.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioPactiv Evergreen has a PEG Ratio of 0.93. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioPactiv Evergreen has a P/B Ratio of 1.87. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIBiden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereClick here for the full story 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.Read More PTVE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PTVE Stock News HeadlinesApril 18, 2024 | globenewswire.comPactiv Evergreen Inc. Schedules First Quarter 2024 Financial ResultsApril 12, 2024 | finance.yahoo.comPactiv Evergreen Inc. (PTVE) Stock Moves -1.1%: What You Should KnowApril 18, 2024 | DTI (Ad)Biden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereApril 11, 2024 | americanbankingnews.comPactiv Evergreen Inc. (NASDAQ:PTVE) Receives Consensus Rating of "Moderate Buy" from BrokeragesMarch 21, 2024 | seekingalpha.comPactiv Evergreen: Attractive FCF Yield Profile Once Cost Savings Program EndsMarch 6, 2024 | finance.yahoo.comPactiv Evergreen Inc. (NASDAQ:PTVE) Q4 2023 Earnings Call TranscriptMarch 5, 2024 | markets.businessinsider.comAnalysts Are Neutral on These Consumer Cyclical Stocks: Redbubble Ltd. (RDBBF), Pactiv Evergreen (PTVE)March 4, 2024 | markets.businessinsider.comExpert Outlook: Pactiv Evergreen Through The Eyes Of 9 AnalystsApril 18, 2024 | DTI (Ad)Biden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereMarch 4, 2024 | markets.businessinsider.comThese Analysts Revise Their Forecasts On Pactiv Evergreen After Q4 ResultsMarch 3, 2024 | seekingalpha.comPactiv Evergreen Inc. (PTVE) Q4 2023 Earnings Call TranscriptMarch 2, 2024 | benzinga.comPactiv Evergreen: Q4 Earnings InsightsMarch 2, 2024 | finance.yahoo.comQ4 2023 Pactiv Evergreen Inc Earnings CallMarch 1, 2024 | markets.businessinsider.comGoldman Sachs Keeps Their Hold Rating on Pactiv Evergreen (PTVE)March 1, 2024 | fool.comWhy Pactiv Evergreen Stock Was Falling TodayMarch 1, 2024 | seekingalpha.comPactiv Evergreen Inc. 2023 Q4 - Results - Earnings Call PresentationMarch 1, 2024 | finanznachrichten.dePactiv Evergreen Inc.: Pactiv Evergreen Reports Fourth Quarter 2023 Financial ResultsFebruary 29, 2024 | finance.yahoo.comPactiv Evergreen Inc. (PTVE) Reports Q4 and Full Year 2023 Financial ResultsFebruary 29, 2024 | finance.yahoo.comPactiv Evergreen Inc. Declares Quarterly DividendFebruary 29, 2024 | finance.yahoo.comPactiv Evergreen Reports Fourth Quarter 2023 Financial ResultsFebruary 29, 2024 | globenewswire.comPactiv Evergreen Inc. Declares Quarterly DividendFebruary 29, 2024 | globenewswire.comPactiv Evergreen Reports Fourth Quarter 2023 Financial ResultsFebruary 28, 2024 | msn.comPactiv Evergreen Q4 2023 Earnings PreviewFebruary 17, 2024 | finance.yahoo.comPTVE Mar 2024 10.000 callFebruary 15, 2024 | finance.yahoo.comPactiv Evergreen Inc. Schedules Fourth Quarter 2023 Financial ResultsFebruary 15, 2024 | globenewswire.comPactiv Evergreen Inc. Schedules Fourth Quarter 2023 Financial ResultsFebruary 13, 2024 | markets.businessinsider.com5 Analysts Have This To Say About Pactiv EvergreenSee More Headlines Receive PTVE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Pactiv Evergreen and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/01/2024Ex-Dividend for 3/29 Dividend3/14/2024Dividend Payable3/29/2024Today4/18/2024Next Earnings (Estimated)5/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Bags: plastic, laminated, & coated Sub-IndustryN/A Current SymbolNASDAQ:PTVE CUSIPN/A CIK1527508 Webwww.pactivevergreen.com Phone847-482-2000FaxN/AEmployees15,000Year FoundedN/APrice Target and Rating Average Stock Price Target$16.00 High Stock Price Target$19.00 Low Stock Price Target$11.00 Potential Upside/Downside+11.6%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($1.26) Trailing P/E RatioN/A Forward P/E Ratio12.69 P/E Growth0.93Net Income$-223,000,000.00 Net Margins-4.05% Pretax Margin-4.08% Return on Equity13.24% Return on Assets2.67% Debt Debt-to-Equity Ratio2.69 Current Ratio2.00 Quick Ratio0.93 Sales & Book Value Annual Sales$5.51 billion Price / Sales0.46 Cash Flow$4.27 per share Price / Cash Flow3.36 Book Value$7.56 per share Price / Book1.90Miscellaneous Outstanding Shares178,560,000Free Float177,789,000Market Cap$2.56 billion OptionableOptionable Beta1.50 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Michael Jack King (Age 44)President, CEO & Director Comp: $4.46MMr. Jonathan H. Baksht (Age 48)Chief Financial officer Comp: $2.15MMr. Douglas E. Owenby (Age 64)Chief Operations Officer Comp: $1.36MMr. Timothy A. Levenda (Age 56)President of Foodservice Comp: $2.31MMr. Eric A. Wulf (Age 42)President of Food & Beverage Merchandising Comp: $1.4MTommy DarbyChief Accounting OfficerMike BetzChief Information OfficerCurt WorthingtonVice President of Strategy & Investor RelationsMs. Chandra J. Mitchell (Age 50)Chief Legal Officer & Corporate Secretary Sandy CobdenChief Counsel of Litigation & ComplianceMore ExecutivesKey CompetitorsSealed AirNYSE:SEESonoco ProductsNYSE:SONReynolds Consumer ProductsNASDAQ:REYNCarter'sNYSE:CRICentral Garden & PetNASDAQ:CENTView All CompetitorsInstitutional OwnershipOliver Luxxe Assets LLCBought 46,598 shares on 4/18/2024Ownership: 0.026%Counterpoint Mutual Funds LLCBought 45,967 shares on 4/15/2024Ownership: 0.026%Los Angeles Capital Management LLCSold 14,320 shares on 4/5/2024Ownership: 0.093%Quadrature Capital LtdBought 20,315 shares on 3/25/2024Ownership: 0.011%Vanguard Group Inc.Bought 3,888 shares on 3/11/2024Ownership: 2.041%View All Institutional Transactions 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 equities research analysts have issued 1 year price targets for Pactiv Evergreen's shares. Their PTVE share price targets range from $11.00 to $19.00. On average, they anticipate the company's stock price to reach $16.00 in the next year. This suggests a possible upside of 13.2% 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 on January 1st, 2024. Since then, PTVE shares have increased by 3.1% and is now trading at $14.14. 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 earnings results on Friday, March, 1st. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.14 by $0.19. The firm earned $1.27 billion during the quarter, compared to analysts' expectations of $1.32 billion. Pactiv Evergreen had a negative net margin of 4.05% and a positive trailing twelve-month return on equity of 13.24%. The firm's quarterly revenue was down 13.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.18 earnings per share. 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. Stockholders 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 annualized dividend and a yield of 2.83%. 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 2.74%. 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 EA Bridgeway Omni Small-Cap Value ETF (BSVO), First Trust Small Cap Value AlphaDEX Fund (FYT) and First Trust Small Cap Core AlphaDEX Fund (FYX).Invesco MSCI Global Timber ETF (CUT). 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 acted 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 investors include Los Angeles Capital Management LLC (0.09%), Oliver Luxxe Assets LLC (0.03%) and Counterpoint Mutual Funds LLC (0.03%). 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. 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