Pactiv Evergreen Inc. (PTVE)
NASDAQ: PTVE · Real-Time Price · USD
17.53
-0.01 (-0.06%)
Jan 10, 2025, 4:00 PM EST - Market closed

Pactiv Evergreen Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Pactiv Evergreen stock have an average target of 16.14, with a low estimate of 12 and a high estimate of 18. The average target predicts a decrease of -7.93% from the current stock price of 17.53.

Analyst Consensus: Hold
Target Low Average Median High
Price $12 $16.14 $18 $18
Change -31.55% -7.93% +2.68% +2.68%

Analyst Ratings

The average analyst rating for PTVE stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 444421
Buy 111100
Hold 222256
Sell 000000
Strong Sell 000000
Total 777777

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Hold
Downgrades
$16$18
Hold Downgrades $16$18 +2.68% Jan 10, 2025
RBC Capital
RBC Capital
Hold
Downgrades
$14$18
Hold Downgrades $14$18 +2.68% Dec 19, 2024
Jefferies
Jefferies
Hold
Downgrades
$15$18
Hold Downgrades $15$18 +2.68% Dec 18, 2024
Citigroup
Citigroup
Hold
Downgrades
$13$18
Hold Downgrades $13$18 +2.68% Dec 10, 2024
UBS
UBS
Strong Buy
Maintains
$16$15
Strong Buy Maintains $16$15 -14.43% Aug 8, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
5.27B
from 5.51B
Decreased by -4.43%
Revenue Next Year
5.36B
from 5.27B
Increased by 1.80%
EPS This Year
1.05
from -1.27
EPS Next Year
1.31
from 1.05
Increased by 25.12%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
5.19B4.69B5.44B6.22B5.51B5.27B5.36B5.40B
Revenue Growth
-2.20%-9.67%15.95%14.40%-11.41%-4.43%1.80%0.76%
EPS
0.68-0.180.121.78-1.271.051.311.53
EPS Growth
-67.45%--1,320.71%--25.12%16.68%
Forward PE
-----16.7413.3811.47
No. Analysts -----886
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 5.5B 5.8B 5.6B
Avg 5.3B 5.4B 5.4B
Low 4.8B 5.0B 5.0B

Revenue Growth

Revenue Growth 202420252026
High
-0.1%
10.3%
5.0%
Avg
-4.4%
1.8%
0.8%
Low
-12.2%
-5.5%
-6.2%

EPS Forecast

EPS 202420252026
High 1.21 1.73 1.94
Avg 1.05 1.31 1.53
Low 0.84 1.11 1.32

EPS Growth

EPS Growth 202420252026
High -
65.5%
48.3%
Avg -
25.1%
16.7%
Low -
5.8%
1.0%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.