Pactiv Evergreen, Inc. (PTVE)
| Market Cap | 1.85B |
| Revenue (ttm) | 5.77B |
| Net Income (ttm) | 81.00M |
| Shares Out | 177.67M |
| EPS (ttm) | 0.45 |
| PE Ratio | 23.05 |
| Forward PE | 10.44 |
| Dividend | $0.40 (3.84%) |
| Ex-Dividend Date | May 27, 2022 |
| Volume | 571,486 |
| Open | 9.98 |
| Previous Close | 10.10 |
| Day's Range | 9.98 - 10.45 |
| 52-Week Range | 8.71 - 16.49 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 13.13 (+26.0%) |
| Earnings Date | May 4, 2022 |
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...
Financial Performance
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for PTVE stock is "Buy." The 12-month stock price forecast is 13.13, which is an increase of 26.01% from the latest price.
News
Pactiv Evergreen Inc. (PTVE) Q1 Earnings and Revenues Beat Estimates
Pactiv Evergreen Inc. (PTVE) delivered earnings and revenue surprises of 20% and 5.10%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Pactiv Evergreen Inc. Declares Quarterly Dividend
LAKE FOREST, Ill., May 04, 2022 (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 share o...
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.
Pactiv Evergreen Inc. Completes Divestiture of Ownership Interest in Naturepak Beverage Packaging Co Ltd Joint Venture
LAKE FOREST, Ill., March 29, 2022 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) announced today that its wholly-owned subsidiary, Evergreen Packaging International LLC, completed the previous...
Pactiv Evergreen Inc. (PTVE) Q4 Earnings and Revenues Surpass Estimates
Pactiv Evergreen Inc. (PTVE) delivered earnings and revenue surprises of 64.44% and 3.65%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Pactiv Evergreen Reports Fourth Quarter 2021 Financial Results
Solid results as we execute our strategic priorities Solid results as we execute our strategic priorities
Pactiv Evergreen Inc. Schedules Fourth Quarter 2021 Financial Results
LAKE FOREST, Ill., Jan. 21, 2022 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQ: PTVE) today announced the following details for its fourth quarter 2021 earnings release and teleconference call.
Pactiv Evergreen To Sell Carton Packaging, Filling Machinery Businesses In China, Korea & Taiwan
Pactiv Evergreen Inc (NASDAQ: PTVE) subsidiary, Evergreen Packaging International LLC, has agreed to sell its carton packaging and filling machinery businesses in China, Korea, and Taiwan to SIG Schweiz...
Pactiv Evergreen to Sell its Carton Packaging and Filling Machinery Businesses in China, Korea and Taiwan
LAKE FOREST, Ill., Jan. 05, 2022 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (Pactiv Evergreen; NASDAQ: PTVE) today announced that it has entered into a definitive agreement by its wholly-owned subsidiary...
Pactiv Evergreen Inc. (PTVE) Q3 Earnings Miss Estimates
Pactiv Evergreen Inc. (PTVE) delivered earnings and revenue surprises of -45.45% and 3.64%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Pactiv Evergreen Reports Third Quarter 2021 Financial Results
Transition quarter as we position ourselves for future growth Transition quarter as we position ourselves for future growth
Pactiv Evergreen Inc. (PTVE) Earnings Expected to Grow: Should You Buy?
Pactiv Evergreen Inc. (PTVE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Pactiv Evergreen To Divest 50% Interest In Naturepak Beverage JV
Pactiv Evergreen Inc's (NASDAQ: PTVE) wholly-owned subsidiary, Evergreen Packaging International LLC, has agreed to sell its 50% interest in Naturepak Beverage Packaging Co Ltd to Elopak ASA, a global s...
Evergreen Packaging International LLC, a Wholly-Owned Subsidiary of Pactiv Evergreen Inc., Reaches Agreement to Dives...
LAKE FOREST, Ill., Oct. 12, 2021 (GLOBE NEWSWIRE) -- Evergreen Packaging International LLC (Evergreen Packaging), a wholly-owned subsidiary of Pactiv Evergreen Inc. (Pactiv Evergreen; NASDAQ: PTVE) toda...
Pactiv Evergreen Completes Acquisition of Fabri-Kal, a Leading Manufacturer of Foodservice and Consumer Brand Packagi...
LAKE FOREST, Ill., Oct. 01, 2021 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) announced that its wholly-owned subsidiary, Pactiv Evergreen Group Holdings Inc. has completed its acquisition o...
New Strong Sell Stocks for September 10th
CNTG, JOAN, STRT, ZNGA, and PTVE have been added to the Zacks Rank #5 (Strong Sell) List on September 10, 2021
Pactiv Evergreen Revises Guidance for the Full Fiscal Year 2021
LAKE FOREST, Ill., Sept. 08, 2021 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) (“Pactiv Evergreen” or the “Company”), today provided an update to its previous financial guidance. Pactiv Ever...
Pactiv Evergreen to Acquire Fabri-Kal, a Leading Manufacturer of Foodservice and Consumer Brand Packaging Solutions
LAKE FOREST, Ill., Sept. 08, 2021 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) today announced that its wholly-owned subsidiary, Pactiv Evergreen Group Holdings Inc. has reached a definitive...
Kimball International Ranked Among Today's Trending Stocks As Investors Kick Off September Trading Month
Q.ai runs factor daily models to get the most up-to-date reading on stocks and ETFs. Today, our deep-learning algorithms have identified Kimball International among others.
Pactiv Evergreen Appoints Douglas Owenby As Chief Operations Officer
Fresh food manufacturer Pactiv Evergreen Inc (NASDAQ: PTVE) has appointed Douglas Owenby as Chief Operations Officer, effective September 13. In newly created, standalone role, Owenby will be responsibl...
Pactiv Evergreen Records 22% Growth In Q2 Revenue; Warns Of Inflationary Pressures
Pactiv Evergreen Inc (NASDAQ: PTVE) reported second-quarter FY21 net revenue growth of 22.1% year-on-year, to $1.35 billion, beating the analyst consensus of $1.25 billion. Net revenues from the Foodser...
Pactiv Evergreen Reports Second Quarter 2021 Financial Results
Volume recovers from 2020 COVID-19 Impact. Inflation continues to pressure cost structure. Volume recovers from 2020 COVID-19 Impact. Inflation continues to pressure cost structure.
Pactiv Evergreen to Exit Coated Groundwood Paper Business Following Years of Market Decline
LAKE FOREST, Ill., July 28, 2021 (GLOBE NEWSWIRE) -- Pactiv Evergreen today announced that the Company has made the difficult decision to exit the coated groundwood paper business. As a result, the Comp...
Pactiv Evergreen Inc. Schedules Second Quarter 2021 Financial Results
LAKE FOREST, Ill., July 19, 2021 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQ: PTVE) today announced the following details for its second quarter 2021 earnings release and teleconference call.
Pactiv Evergreen Reports First Quarter 2021 Financial Results
Solid First Quarter Results Despite a Challenging Environment Solid First Quarter Results Despite a Challenging Environment