Pactiv Evergreen, Inc. (PTVE)

NASDAQ: PTVE · IEX Real-Time Price · USD
10.42
0.32 (3.17%)
May 27, 2022 4:00 PM EDT - Market closed
Market Cap1.85B
Revenue (ttm)5.77B
Net Income (ttm)81.00M
Shares Out177.67M
EPS (ttm)0.45
PE Ratio23.05
Forward PE10.44
Dividend$0.40 (3.84%)
Ex-Dividend DateMay 27, 2022
Volume571,486
Open9.98
Previous Close10.10
Day's Range9.98 - 10.45
52-Week Range8.71 - 16.49
Betan/a
AnalystsBuy
Price Target13.13 (+26.0%)
Earnings DateMay 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...

IndustryContainers & Packaging
IPO DateSep 17, 2020
Employees16,200
Stock ExchangeNASDAQ
Ticker SymbolPTVE
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$13.13
(26.01% upside)
Analyst Consensus: Buy
Stock Forecasts

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?

3 weeks ago - Zacks Investment Research

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...

3 weeks 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.

1 month ago - GlobeNewsWire

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...

1 month ago - GlobeNewsWire

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?

3 months ago - Zacks Investment Research

Pactiv Evergreen Reports Fourth Quarter 2021 Financial Results

Solid results as we execute our strategic priorities Solid results as we execute our strategic priorities

3 months ago - GlobeNewsWire

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.

4 months ago - GlobeNewsWire

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...

4 months ago - Benzinga

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...

4 months ago - GlobeNewsWire

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?

6 months ago - Zacks Investment Research

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

6 months ago - GlobeNewsWire

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.

7 months ago - Zacks Investment Research

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...

7 months ago - Benzinga

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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

Other symbols:CNTGJOANSTRT
8 months ago - Zacks Investment Research

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...

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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.

Other symbols:KBALBADENETR
8 months ago - Forbes

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...

8 months ago - Benzinga

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...

9 months ago - Benzinga

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.

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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.

10 months ago - GlobeNewsWire

Pactiv Evergreen Reports First Quarter 2021 Financial Results

Solid First Quarter Results Despite a Challenging Environment Solid First Quarter Results Despite a Challenging Environment

1 year ago - GlobeNewsWire