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Pactiv Evergreen, Inc. (PTVE)

Stock Price: $13.44 USD -0.14 (-1.03%)
Updated Oct 23, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 2.36B
Revenue (ttm) 6.78B
Net Income (ttm) -51.00M
Shares Out 175.43M
EPS (ttm) -0.29
PE Ratio n/a
Forward PE 6.47
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Oct 23, 2020
Last Price $13.44
Previous Close $13.58
Change ($) -0.14
Change (%) -1.03%
Day's Open 13.85
Day's Range 13.20 - 13.96
Day's Volume 406,931
52-Week Range 10.40 - 14.72

More Stats

Market Cap 2.36B
Enterprise Value 12.12B
Earnings Date (est) Nov 11, 2020
Ex-Dividend Date n/a
Shares Outstanding 175.43M
Float 40.90M
EPS (basic) 2.55
EPS (diluted) -0.29
FCF / Share 1.65
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield 12.30%
Payout Ratio n/a
Shares Short 433,679
Short Ratio 0.14
Short % of Float 1.06%
Beta n/a
PE Ratio n/a
Forward PE 6.47
P/FCF Ratio 8.13
PS Ratio 0.35
PB Ratio 1.45
Revenue 6.78B
Operating Income 365.00M
Net Income -51.00M
Free Cash Flow 290.00M
Net Cash -9.76B
Net Cash / Share -55.63
Gross Margin 16.46%
Operating Margin 5.38%
Profit Margin 1.30%
FCF Margin 4.28%
ROA 2.00%
ROE -2.61%
ROIC 3.40%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (8)

Buy 7
Overweight 1
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$16.94*
(26.04% upside)
Low
16.0
Current: $13.44
High
18.0
Target: 16.94
*Average 12-month price target from 8 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue7,1157,3957,43910,64611,17811,66611,75211,75811,8196,801
Revenue Growth-3.79%-0.59%-30.12%-4.76%-4.18%-0.73%-0.05%-0.52%73.78%-
Gross Profit1,1161,1131,3532,3872,2002,0162,0812,0982,0881,277
Operating Income3653576531,2171,1931,0201,0371,0581,013654
Net Income91.002795941802,380-274-43.00-98.00-496-97.00
Shares Outstanding175---------
Earnings Per Share2.557.8216.64-------
EPS Growth-67.39%-53%--------
Operating Cash Flow896963858922689920820918443383
Capital Expenditures-606-571-408-311-358-662-704-618-449-
Free Cash Flow290392450611331258116300-6.00-
Cash & Equivalents1,1897046179321,9761,5881,4901,556597-
Total Debt10,94810,99711,38912,07013,76117,85817,94117,91917,164-
Net Cash / Debt-9,759-10,293-10,772-11,138-11,785-16,270-16,451-16,363-16,567-
Assets16,17516,16916,41816,66318,17721,51022,38322,16421,571-
Liabilities14,09314,38415,00115,94417,63322,84922,61423,12622,342-
Book Value2,0791,7761,407710528-1,358-251-983-793-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Pactiv Evergreen, Inc.
Country United States
Employees 26,000
CEO John T. McGrath

Stock Information

Ticker Symbol PTVE
Stock Exchange NASDAQ
Sector Process Industries
Industry Containers/Packaging
Unique Identifier NASDAQ: PTVE
IPO Date September 17, 2020

Description

Pactiv Evergreen manufactures and distributes fresh foodservice and food merchandising products, and fresh beverage cartons in North America and internationally. It operates through three segments: Foodservice, Food Merchandising, and Beverage Merchandising. The Foodservice segment provides food containers, hot and cold cups, lids, plates, bowls, cutlery and straws, wraps, and cafeteria trays. The Food Merchandising segment offers containers for delicatessen, bakery, produce, and snack food applications; microwaveable containers for fresh, prepared, and ready-to-eat food; and trays for meat, poultry, and eggs. The Beverage Merchandising segment provides fresh cartons for refrigerated beverage products. The company serves full service restaurants, quick service restaurants, foodservice distributors, supermarkets, grocery and healthy eating retailers, other food stores, food and beverage producers, food packers and food processors. The company, formerly known as Reynolds Group Holdings Limited, was incorporated in 2006 and is headquartered in Lake Forest, Illinois. Pactiv Evergreen Inc operates as a subsidiary of Packaging Finance Limited.