Pactiv Evergreen Inc. (PTVE)

NASDAQ: PTVE · IEX Real-Time Price · USD
14.34
-0.16 (-1.10%)
Apr 12, 2024, 4:00 PM EDT - Market closed
-1.10%
Market Cap 2.56B
Revenue (ttm) 5.51B
Net Income (ttm) -223.00M
Shares Out 178.56M
EPS (ttm) -1.26
PE Ratio n/a
Forward PE 12.31
Dividend $0.40 (2.79%)
Ex-Dividend Date Mar 14, 2024
Volume 162,242
Open 14.50
Previous Close 14.50
Day's Range 14.19 - 14.58
52-Week Range 6.85 - 15.51
Beta 1.49
Analysts Strong Buy
Price Target 16.00 (+11.58%)
Earnings Date May 6, 2024

About 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, a... [Read more]

IPO Date Sep 17, 2020
Employees 15,000
Stock Exchange NASDAQ
Ticker Symbol PTVE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for PTVE stock is "Strong Buy." The 12-month stock price forecast is $16.0, which is an increase of 11.58% from the latest price.

Price Target
$16.0
(11.58% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Pactiv Evergreen Inc. Declares Quarterly Dividend

LAKE FOREST, Ill., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) today announced that its board of directors has approved the payment of a quarterly dividend of $0.10 per shar...

6 weeks ago - GlobeNewsWire

Pactiv Evergreen Reports Fourth Quarter 2023 Financial Results

Fourth Quarter 2023 Financial Highlights: Total Net Revenues of $1,274 million for the fourth quarter of 2023 were down 14% compared to $1,476 million in the fourth quarter of 2022 and down 8% compare...

6 weeks ago - GlobeNewsWire

Pactiv Evergreen Inc. Schedules Fourth Quarter 2023 Financial Results

LAKE FOREST, Ill., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQ: PTVE) today announced the following details for its fourth quarter 2023 earnings release and teleconference call.

2 months ago - GlobeNewsWire

Pactiv Evergreen Releases Environmental Social Governance (ESG) Report

Showcases continued progress against ESG goals while embedding sustainability throughout our business Showcases continued progress against ESG goals while embedding sustainability throughout our busin...

5 months ago - GlobeNewsWire

Pactiv Evergreen and ExxonMobil Collaborate to Leverage Advanced Recycling for Foodservice Industry Packaging

LAKE FOREST, Ill., Sept. 27, 2023 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) a leading manufacturer of fresh food and beverage packaging in North America, and ExxonMobil, a leader in adv...

7 months ago - GlobeNewsWire

Pactiv Evergreen Reports Second Quarter 2023 Financial Results

Delivered on our commitments and achieved important milestone in Beverage Merchandising Restructuring

9 months ago - GlobeNewsWire

Pactiv Evergreen Inc. Schedules Second Quarter 2023 Financial Results

LAKE FOREST, Ill., July 17, 2023 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQ: PTVE) today announced the following details for its second quarter 2023 earnings release and teleconference call.

9 months ago - GlobeNewsWire

Pactiv Evergreen Achieves ISCC PLUS Certification at Four North America Manufacturing Locations

LAKE FOREST, Ill., June 21, 2023 (GLOBE NEWSWIRE) -- Pactiv Evergreen announces that four of the Company's manufacturing facilities were recently awarded International Sustainability and Carbon Certif...

10 months ago - GlobeNewsWire

Pactiv Evergreen Reports First Quarter 2023 Financial Results

First quarter 2023 performance exceeds guidance; Raising 2023 guidance First Quarter 2023 Financial Highlights: Net Revenues of $1,431 million for the first quarter of 2023 were down 4% compared to $1...

1 year ago - GlobeNewsWire

Pactiv Evergreen Inc. Schedules First Quarter 2023 Financial Results

LAKE FOREST, Ill., April 17, 2023 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQ: PTVE) today announced the following details for its first quarter 2023 earnings release and teleconference call.

1 year ago - GlobeNewsWire

Pactiv Evergreen Reports Fourth Quarter 2022 Financial Results and Beverage Merchandising Restructuring Plan

Strong full year & fourth quarter 2022 results exceed guidance; will leverage scale with streamlined operations and realigned organizational structure Strong full year & fourth quarter 2022 results ex...

1 year ago - GlobeNewsWire

Pactiv Evergreen Inc. Schedules Fourth Quarter 2022 Financial Results

LAKE FOREST, Ill., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) today announced the following details for its fourth quarter 2022 earnings release and teleconference call.

1 year ago - GlobeNewsWire

Pactiv Evergreen and AmSty Launch Circular Polystyrene Food Packaging Products

LAKE FOREST, Ill., Feb. 15, 2023 (GLOBE NEWSWIRE) -- To help major food brands achieve important sustainability goals, Pactiv Evergreen, a leading manufacturer of fresh food and beverage packaging in ...

1 year ago - GlobeNewsWire

Pactiv LLC Announces Results of Its Debt Tender Offer for Any and All of Its Outstanding 8.375% Debentures Due 2027

LAKE FOREST, Ill., Dec. 15, 2022 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (“PTVE”) announced today the results of its indirect, wholly-owned subsidiary, Pactiv LLC's (“Pactiv”) previously announced t...

1 year ago - GlobeNewsWire

Pactiv LLC Commences Tender Offer

For Any and All of Its Outstanding 8.375% Debentures due 2027 For Any and All of Its Outstanding 8.375% Debentures due 2027

1 year ago - GlobeNewsWire

Pactiv LLC Announces Results of Its Debt Tender Offer for Any and All of Its Outstanding 7.950% Debentures Due 2025

LAKE FOREST, Ill., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (“PTVE”) announced today the results of its indirect, wholly-owned subsidiary, Pactiv LLC's (“Pactiv”) previously announced t...

1 year ago - GlobeNewsWire

Pactiv Evergreen Inc. Schedules Third Quarter 2022 Financial Results

LAKE FOREST, Ill., Oct. 11, 2022 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQ: PTVE) today announced the following details for its third quarter 2022 earnings release and teleconference call.

1 year ago - GlobeNewsWire

Pactiv Evergreen Reports Second Quarter 2022 Financial Results

Raising our 2022 Adjusted EBITDA guidance to reflect our strong year-to-date performance Returning to stronger operational performance Completed exit of Asia business and received preliminary proceeds...

1 year ago - GlobeNewsWire

Pactiv Evergreen Completes Sale of its Carton Packaging and Filling Machinery Businesses in China, Korea and Taiwan

LAKE FOREST, Ill., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (Pactiv Evergreen; NASDAQ: PTVE) today announced that its wholly-owned subsidiary, Evergreen Packaging International LLC, has...

1 year ago - GlobeNewsWire

Pactiv Evergreen Inc. Schedules Second Quarter 2022 Financial Results

LAKE FOREST, Ill., July 12, 2022 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQ: PTVE) today announced the following details for its second quarter 2022 earnings release and teleconference call.

1 year ago - GlobeNewsWire

Pactiv Evergreen Launches New PlantCarton Life School Program at School Nutrition Conference

New PlantCarton Life school program features creative ways to repurpose cartons, encourages carton recycling, and helps inspire students' appreciation for plant-based packaging. New PlantCarton Life s...

1 year ago - GlobeNewsWire

Pactiv Evergreen Introduces Its ‘Zero Waste Implementation Guide' as a Resource for Foodservice Operators

Foodservice Operators Striving for Zero Waste Solutions Will Benefit from This Guide Foodservice Operators Striving for Zero Waste Solutions Will Benefit from This Guide

1 year ago - GlobeNewsWire

Pactiv Evergreen Introduces Tamper Evident Fry Cartons to Its Offering of Innovative Packaging Solutions

Patent-pending Fry Cartons are made from Pactiv Evergreen's Sentinel™ Paperboard, providing a fully integrated packaging solution to foodservice operators Patent-pending Fry Cartons are made from Pact...

1 year ago - GlobeNewsWire

Pactiv Evergreen Names Jonathan Baksht as Chief Financial Officer

LAKE FOREST, Ill., May 31, 2022 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQ: PTVE) today announced that Jonathan “Jon” Baksht joined the company as Chief Financial Officer, effective May 27, 2022. Mr...

2 years ago - GlobeNewsWire

Pactiv Evergreen Inc. Schedules First Quarter 2022 Financial Results

LAKE FOREST, Ill., April 07, 2022 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQ: PTVE) today announced the following details for its first quarter 2022 earnings release and teleconference call.

2 years ago - GlobeNewsWire