Pactiv Evergreen Inc. (PTVE)
NASDAQ: PTVE · Real-Time Price · USD
17.27
0.00 (0.00%)
At close: Dec 20, 2024, 4:00 PM
17.28
+0.01 (0.06%)
After-hours: Dec 20, 2024, 7:05 PM EST
Pactiv Evergreen Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Pactiv Evergreen stock have an average target of 15.86, with a low estimate of 12 and a high estimate of 18. The average target predicts a decrease of -8.16% from the current stock price of 17.27.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PTVE stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy → Hold Downgrades $14 → $18 | Buy → Hold | Downgrades | $14 → $18 | +4.23% | Dec 19, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $15 → $18 | Strong Buy → Hold | Downgrades | $15 → $18 | +4.23% | Dec 18, 2024 |
| Citigroup | Citigroup | Strong Buy → Hold Downgrades $13 → $18 | Strong Buy → Hold | Downgrades | $13 → $18 | +4.23% | Dec 10, 2024 |
| UBS | UBS | Strong Buy Maintains $16 → $15 | Strong Buy | Maintains | $16 → $15 | -13.14% | Aug 8, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $15 → $13 | Buy | Maintains | $15 → $13 | -24.72% | Aug 7, 2024 |
Financial Forecast
Revenue This Year
5.27B
from 5.51B
Decreased by -4.43%
Revenue Next Year
5.36B
from 5.27B
Increased by 1.80%
EPS This Year
1.05
from -1.27
EPS Next Year
1.31
from 1.05
Increased by 25.12%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.5B | 5.8B | 5.6B |
| Avg | 5.3B | 5.4B | 5.4B |
| Low | 4.8B | 5.0B | 5.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.1% | 10.3% | 5.0% |
| Avg | -4.4% | 1.8% | 0.8% |
| Low | -12.2% | -5.5% | -6.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.21 | 1.73 | 1.94 |
| Avg | 1.05 | 1.31 | 1.53 |
| Low | 0.84 | 1.11 | 1.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 65.5% | 48.3% |
| Avg | - | 25.1% | 16.7% |
| Low | - | 5.8% | 1.0% |
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.