Pactiv Evergreen Inc. (PTVE)
NASDAQ: PTVE · Real-Time Price · USD
13.21
+0.22 (1.69%)
Nov 21, 2024, 1:41 PM EST - Market open
Pactiv Evergreen Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Pactiv Evergreen stock have an average target of 14.57, with a low estimate of 12 and a high estimate of 18. The average target predicts an increase of 10.30% from the current stock price of 13.21.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 8, 2024.
Analyst Ratings
The average analyst rating for PTVE stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $16 → $15 | Strong Buy | Maintains | $16 → $15 | +13.55% | Aug 8, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $15 → $13 | Buy | Maintains | $15 → $13 | -1.59% | Aug 7, 2024 |
| Baird | Baird | Hold Maintains $15 → $12 | Hold | Maintains | $15 → $12 | -9.16% | Aug 2, 2024 |
| UBS | UBS | Strong Buy Maintains $19 → $16 | Strong Buy | Maintains | $19 → $16 | +21.12% | Jul 17, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $16 → $14 | Strong Buy | Maintains | $16 → $14 | +5.98% | Jul 8, 2024 |
Financial Forecast
Revenue This Year
5.31B
from 5.51B
Decreased by -3.72%
Revenue Next Year
5.35B
from 5.31B
Increased by 0.85%
EPS This Year
1.01
from -1.27
EPS Next Year
1.30
from 1.01
Increased by 28.25%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.6B | 5.9B | 5.8B |
| Avg | 5.3B | 5.4B | 5.6B |
| Low | 5.0B | 4.7B | 5.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.7% | 11.5% | 8.2% |
| Avg | -3.7% | 0.8% | 4.3% |
| Low | -10.0% | -10.5% | -0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.21 | 1.58 | 1.56 |
| Avg | 1.01 | 1.30 | 1.45 |
| Low | 0.78 | 1.05 | 1.33 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 55.3% | 20.3% |
| Avg | - | 28.3% | 11.5% |
| Low | - | 3.4% | 1.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.