Pactiv Evergreen Inc. (PTVE)
| Market Cap | 3.25B |
| Revenue (ttm) | 5.15B -6.6% |
| Net Income | -139.00M |
| EPS | -0.77 |
| Shares Out | 180.63M |
| PE Ratio | n/a |
| Forward PE | 15.94 |
| Dividend | $0.40 (2.22%) |
| Ex-Dividend Date | Dec 2, 2024 |
| Volume | 5,762,075 |
| Open | 18.01 |
| Previous Close | 18.01 |
| Day's Range | 18.01 - 18.01 |
| 52-Week Range | 8.83 - 18.03 |
| Beta | 1.23 |
| Analysts | Hold |
| Price Target | 16.50 (-8.38%) |
| Earnings Date | May 1, 2025 |
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 company offers food containers; drinkware, such as hot and cold cups and lids; and tableware, service ware, and other products. It also provides cartons for fresh refrigerated beverage products, including dairy, juice, and other specialty beverage; and clear rigid-display... [Read more]
Financial Performance
In 2024, Pactiv Evergreen's revenue was $5.15 billion, a decrease of -6.57% compared to the previous year's $5.51 billion. Losses were -$139.00 million, -38.50% less than in 2023.
Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for PTVE stock is "Hold." The 12-month stock price target is $16.5, which is a decrease of -8.38% from the latest price.
News
Pactiv Evergreen Inc. Announces Receipt of All Required Regulatory Approvals for Planned Acquisition by Novolex
LAKE FOREST, Ill., March 28, 2025 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (“Pactiv Evergreen” or the “Company”) (NASDAQ: PTVE) today announced that all required regulatory approvals have been recei...
Pactiv Evergreen Earns FSC®-Recycled Certification for Molded Fiber Egg Packaging
LAKE FOREST, Ill., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Pactiv Evergreen's molded fiber egg cartons and filler flats have been certified by the Forest Stewardship Council® (FSC®) as being made from 100 p...
Pactiv Evergreen Stockholder Investigation Announced by Kaskela Law LLC, Current PTVE Shareholders Encouraged to Contact the Firm for Critical Information
PHILADELPHIA, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Pactiv Evergreen Inc. (NASDAQ: PTVE) (“Pactiv”) on behalf of the company's current shareholders.
Pactiv Evergreen Reports Third Quarter 2024 Financial Results
Solid execution and cost discipline Poised for next phase of Transformational Journey Third Quarter 2024 Financial Highlights: Net Revenues of $1,333 million for the third quarter of 2024 were down 3%...
Pactiv Evergreen Inc. Declares Quarterly Dividend
LAKE FOREST, Ill., Nov. 12, 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...
Pactiv Evergreen Inc. Schedules Third Quarter 2024 Financial Results
LAKE FOREST, Ill., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQ: PTVE) today announced the following details for its third quarter 2024 earnings release and teleconference call.
Suzano Completes the Acquisition of Two U.S. Industrial Facilities from Pactiv Evergreen
SÃO PAULO--(BUSINESS WIRE)--Suzano, the world's largest pulp producer, today completes the acquisition of two industrial assets from Pactiv Evergreen in Arkansas and North Carolina, United States. All...
Pactiv Evergreen Inc. Completes Sale of Pine Bluff Paper Mill and Waynesville Extrusion Facility to Suzano S.A.
LAKE FOREST, Ill., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) (“Pactiv Evergreen” or the “Company”) today announced it has completed its previously announced sale of the Pi...
Pactiv Evergreen Inc. to Present at the 2024 Jefferies Industrials Conference
LAKE FOREST, Ill., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) (“Pactiv Evergreen” or the “Company”) today announced that Jon Baksht, Chief Financial Officer, will present t...
Pactiv Evergreen Launches Recycleware® Reduced-Density Polypropylene Packaging Products
Pactiv Evergreen launches innovative Recycleware® Reduced-Density Polypropylene (RDPP) meat trays, a sustainable alternative to foam polystyrene trays.
Pactiv Evergreen Reports Second Quarter 2024 Financial Results
Announced sale represents exit from paper mills furthering strategic transformation Second quarter impacted by end-market weakness and temporary operational disruptions at Pine Bluff mill Revising 202...
Pactiv Evergreen Inc. Schedules Second Quarter 2024 Financial Results
LAKE FOREST, Ill., July 18, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQ: PTVE) today announced the following details for its second quarter 2024 earnings release and teleconference call.
Suzano Agrees US$110 Million Purchase of Two US Industrial Facilities from Pactiv Evergreen
SÃO PAULO--(BUSINESS WIRE)--Suzano, the world's largest pulp producer, has announced the acquisition of industrial assets from Pactiv Evergreen in the United States. This will expand the company's ope...
Pactiv Evergreen Inc. Announces Definitive Agreement to Sell Pine Bluff Paper Mill and Waynesville Extrusion Facility to Suzano SA
LAKE FOREST, Ill., July 12, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) (“Pactiv Evergreen” or the “Company”) today announced that it has signed a definitive agreement (the “Agreemen...
Pactiv Evergreen Inc. Successfully Reprices and Upsizes Term Loan
LAKE FOREST, Ill., May 29, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) (“Pactiv Evergreen” or the “Company”) today announced that the Company successfully completed the repricing and...
Pactiv Evergreen Inc. Schedules First Quarter 2024 Financial Results
LAKE FOREST, Ill., April 18, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQ: PTVE) today announced the following details for its first quarter 2024 earnings release and teleconference call.
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...