Pactiv Evergreen Inc. (PTVE)

Market Cap	1.41B
Revenue (ttm)	6.22B
Net Income (ttm)	318.00M
Shares Out	177.94M
EPS (ttm)	1.77
PE Ratio	4.45
Forward PE	9.40
Dividend	$0.40 (5.05%)
Ex-Dividend Date	Mar 16, 2023

Volume	34,346
Open	7.98
Previous Close	7.87
Day's Range	7.90 - 8.15
52-Week Range	7.55 - 12.46
Beta	1.43
Analysts	Buy
Price Target	12.17 (+53.57%)
Earnings Date	May 3, 2023

About PTVE

Pactiv Evergreen Inc. manufactures and distributes fresh foodservice and food merchandising products, and fresh beverage cartons in North America. It operates through three segments: Foodservice, Food Merchandising, and Beverage Merchandising. The Foodservice segment offers food containers, hot and cold cups, lids, dinnerware, tableware, service ware, and other products. The Food Merchandising segment provides clear rigid-display containers, containers for prepared and ready-to-eat food, trays for meat and poultry, and molded fiber cartons. The...

• Industry: Packaging & Containers
• Sector: Consumer Discretionary
• IPO Date: Sep 17, 2020
• Employees: 16,500
• Stock Exchange: NASDAQ
• Ticker Symbol: PTVE

Financial Performance

In 2022, PTVE's revenue was $6.22 billion, an increase of 14.40% compared to the previous year's $5.44 billion. Earnings were $318.00 million, an increase of 1282.61%.

Analyst Forecast

According to 13 analysts, the average rating for PTVE stock is "Buy." The 12-month stock price forecast is $12.17, which is an increase of 53.57% from the latest price.

Price Target

$12.17

(53.57% upside)

Analyst Consensus: Buy