Summary
11.18 0.27(2.47%)09/13/2024
Pactiv Evergreen Inc (PTVE)
Pactiv Evergreen Inc (PTVE)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 2.47 | -4.17 | 13.79 | -7.50 | -17.54 | 41.94 | 0.00 | 5.60 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 11.18 | |
| Open | 11.00 | |
| High | 11.26 | |
| Low | 10.99 | |
| Volume | 180,186 | |
| Change | 0.27 | |
| Change % | 2.47 | |
| Avg Volume (20 Days) | 354,135 | |
| Volume/Avg Volume (20 Days) Ratio | 0.51 | |
| 52 Week Range | 7.58 - 15.83 | |
| Price vs 52 Week High | -29.37% | |
| Price vs 52 Week Low | 47.49% | |
| Range | -0.27 | |
| Gap Up/Down | -0.20 | |
Fundamentals | ||
| Market Capitalization (Mln) | 2,004 | |
| EBIDTA | 542,000,000 | |
| PE Ratio | 9.1524 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 15.22 | |
| Book Value | 6.8260 | |
| Earnings Per Share | 1.2860 | |
| EPS Estimate Current Quarter | 0.1900 | |
| EPS Estimate Next Quarter | 0.4800 | |
| EPS Estimate Current Year | 0.4300 | |
| EPS Estimate Next Year | 1.2500 | |
| Diluted EPS (TTM) | 1.2860 | |
| Revenues | ||
| Profit Marging | 0.0448 | |
| Operating Marging (TTM) | 0.0419 | |
| Return on asset (TTM) | 0.0175 | |
| Return on equity (TTM) | 0.0173 | |
| Revenue TTM | 5,085,000,192 | |
| Revenue per share TTM | 28.6760 | |
| Quarterly Revenue Growth (YOY) | 0.1670 | |
| Quarterly Earnings Growth (YOY) | 0.0000 | |
| Gross Profit (TTM) | 710,000,000 | |
| Dividends | ||
| Dividend Share | 0.3000 | |
| Dividend Yield | 0.0254 | |
| Valuations | ||
| Trailing PE | 9.1524 | |
| Forward PE | 8.1037 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.7461 | |
| Revenue Enterprise Value | 1.1807 | |
| EBITDA Enterprise Value | 12.4561 | |
| Shares | ||
| Shares Outstanding | 177,251,008 | |
| Shares Float | 42,612,907 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 76.00 | |
| Institutions (%) | 23.58 | |
08/29 16:05 EST - globenewswire.com
Pactiv Evergreen Inc. to Present at the 2024 Jefferies Industrials Conference
LAKE FOREST, Ill., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) (“Pactiv Evergreen” or the “Company”) today announced that Jon Baksht, Chief Financial Officer, will present to investors at the Jefferies Industrials Conference on September 4, 2024 at 4:15pm ET.
Pactiv Evergreen Inc. to Present at the 2024 Jefferies Industrials Conference
LAKE FOREST, Ill., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) (“Pactiv Evergreen” or the “Company”) today announced that Jon Baksht, Chief Financial Officer, will present to investors at the Jefferies Industrials Conference on September 4, 2024 at 4:15pm ET.
08/29 09:20 EST - globenewswire.com
Pactiv Evergreen Launches Recycleware® Reduced-Density Polypropylene Packaging Products
Pactiv Evergreen launches innovative Recycleware® Reduced-Density Polypropylene (RDPP) meat trays, a sustainable alternative to foam polystyrene trays.
Pactiv Evergreen Launches Recycleware® Reduced-Density Polypropylene Packaging Products
Pactiv Evergreen launches innovative Recycleware® Reduced-Density Polypropylene (RDPP) meat trays, a sustainable alternative to foam polystyrene trays.
08/14 16:28 EST - seekingalpha.com
Pactiv Evergreen: Attractive Entry Point For Long-Term Investors
PTVE recommended as a buy due to cost structure improvements and attractive FCF yield. Poor 2Q24 results led to share price decline, but the long-term outlook remains positive with potential for demand recovery. PTVE is expected to generate $250 million FCF in FY25, offering >10% FCF yield and potential for attractive upside in share price.
Pactiv Evergreen: Attractive Entry Point For Long-Term Investors
PTVE recommended as a buy due to cost structure improvements and attractive FCF yield. Poor 2Q24 results led to share price decline, but the long-term outlook remains positive with potential for demand recovery. PTVE is expected to generate $250 million FCF in FY25, offering >10% FCF yield and potential for attractive upside in share price.
08/03 02:54 EST - seekingalpha.com
Pactiv Evergreen Inc. (PTVE) Q2 2024 Earnings Call Transcript
Pactiv Evergreen Inc. (NASDAQ:PTVE ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Curt Worthington - Vice President of Investor Relations and Strategy Michael King - Chief Executive Officer Jon Baksht - Chief Financial Officer Conference Call Participants Philip Ng - Jefferies Adam Samuelson - Goldman Sachs Ghansham Panjabi - Robert W. Baird Anthony Pettinari - Citi Arun Viswanathan - RBC Capital Markets Cashen Keeler - Bank of America Operator Good day, and thank you for standing by.
Pactiv Evergreen Inc. (PTVE) Q2 2024 Earnings Call Transcript
Pactiv Evergreen Inc. (NASDAQ:PTVE ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Curt Worthington - Vice President of Investor Relations and Strategy Michael King - Chief Executive Officer Jon Baksht - Chief Financial Officer Conference Call Participants Philip Ng - Jefferies Adam Samuelson - Goldman Sachs Ghansham Panjabi - Robert W. Baird Anthony Pettinari - Citi Arun Viswanathan - RBC Capital Markets Cashen Keeler - Bank of America Operator Good day, and thank you for standing by.
07/31 19:51 EST - zacks.com
Pactiv Evergreen Inc. (PTVE) Lags Q2 Earnings Estimates
Pactiv Evergreen Inc. (PTVE) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.20 per share a year ago.
Pactiv Evergreen Inc. (PTVE) Lags Q2 Earnings Estimates
Pactiv Evergreen Inc. (PTVE) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.20 per share a year ago.
07/31 17:00 EST - globenewswire.com
Pactiv Evergreen Reports Second Quarter 2024 Financial Results
Announced sale represents exit from paper mills furthering strategic transformation Second quarter impacted by end-market weakness and temporary operational disruptions at Pine Bluff mill Revising 2024 guidance Second Quarter 2024 Financial Highlights: Net Revenues of $1,338 million for the second quarter of 2024 were down 6% compared to $1,426 million in the second quarter of 2023 and up 7% compared to $1,252 million in the first quarter of 2024. Net Income of $20 million for the second quarter of 2024 compared to a net loss of $139 million in the second quarter of 2023 and net income of $10 million in the first quarter of 2024.
Pactiv Evergreen Reports Second Quarter 2024 Financial Results
Announced sale represents exit from paper mills furthering strategic transformation Second quarter impacted by end-market weakness and temporary operational disruptions at Pine Bluff mill Revising 2024 guidance Second Quarter 2024 Financial Highlights: Net Revenues of $1,338 million for the second quarter of 2024 were down 6% compared to $1,426 million in the second quarter of 2023 and up 7% compared to $1,252 million in the first quarter of 2024. Net Income of $20 million for the second quarter of 2024 compared to a net loss of $139 million in the second quarter of 2023 and net income of $10 million in the first quarter of 2024.
07/31 17:00 EST - globenewswire.com
Pactiv Evergreen Inc. Declares Quarterly Dividend
LAKE FOREST, Ill., July 31, 2024 (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 of common stock.
Pactiv Evergreen Inc. Declares Quarterly Dividend
LAKE FOREST, Ill., July 31, 2024 (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 of common stock.
07/18 17:19 EST - globenewswire.com
Pactiv Evergreen Inc. Schedules Second Quarter 2024 Financial Results
LAKE FOREST, Ill., July 18, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQ: PTVE) today announced the following details for its second quarter 2024 earnings release and teleconference call.
Pactiv Evergreen Inc. Schedules Second Quarter 2024 Financial Results
LAKE FOREST, Ill., July 18, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQ: PTVE) today announced the following details for its second quarter 2024 earnings release and teleconference call.
07/12 18:29 EST - businesswire.com
Suzano Agrees US$110 Million Purchase of Two US Industrial Facilities from Pactiv Evergreen
SÃO PAULO--(BUSINESS WIRE)--Suzano, the world's largest pulp producer, has announced the acquisition of industrial assets from Pactiv Evergreen in the United States. This will expand the company's operations in North America and marks its entrance into the consumer and food service packaging segments in the region. The transaction is valued at US$110 million and includes two mills in Pine Bluff, Arkansas, and Waynesville, North Carolina, that manufacture liquid packaging board and cupstock. Sub.
Suzano Agrees US$110 Million Purchase of Two US Industrial Facilities from Pactiv Evergreen
SÃO PAULO--(BUSINESS WIRE)--Suzano, the world's largest pulp producer, has announced the acquisition of industrial assets from Pactiv Evergreen in the United States. This will expand the company's operations in North America and marks its entrance into the consumer and food service packaging segments in the region. The transaction is valued at US$110 million and includes two mills in Pine Bluff, Arkansas, and Waynesville, North Carolina, that manufacture liquid packaging board and cupstock. Sub.
07/12 17:00 EST - globenewswire.com
Pactiv Evergreen Inc. Announces Definitive Agreement to Sell Pine Bluff Paper Mill and Waynesville Extrusion Facility to Suzano SA
LAKE FOREST, Ill., July 12, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) (“Pactiv Evergreen” or the “Company”) today announced that it has signed a definitive agreement (the “Agreement”) to sell its Pine Bluff, Arkansas, paper mill (“Pine Bluff”) and Waynesville, North Carolina, extrusion facility (“Waynesville”), to global paper and pulp producer Suzano S.A.
Pactiv Evergreen Inc. Announces Definitive Agreement to Sell Pine Bluff Paper Mill and Waynesville Extrusion Facility to Suzano SA
LAKE FOREST, Ill., July 12, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) (“Pactiv Evergreen” or the “Company”) today announced that it has signed a definitive agreement (the “Agreement”) to sell its Pine Bluff, Arkansas, paper mill (“Pine Bluff”) and Waynesville, North Carolina, extrusion facility (“Waynesville”), to global paper and pulp producer Suzano S.A.
06/02 14:18 EST - seekingalpha.com
Pactiv Evergreen: Heavy Restructuring Set To Drive Margin Growth
PTVE has been undergoing heavy restructuring and has experienced a decline in net revenue and net income in 2023, but has maintained strong adjusted EBITDA and free cash flow throughout. The firm has announced a new restructuring plan, illustrating its commitment to restructuring efforts that are expected to further enhance efficiencies and generate cost savings. Additionally, it has been actively cutting down on its debt, reducing its net leverage ratio from 7.63x to 4.07x. It has targeted to achieve a low 3s in 2024.
Pactiv Evergreen: Heavy Restructuring Set To Drive Margin Growth
PTVE has been undergoing heavy restructuring and has experienced a decline in net revenue and net income in 2023, but has maintained strong adjusted EBITDA and free cash flow throughout. The firm has announced a new restructuring plan, illustrating its commitment to restructuring efforts that are expected to further enhance efficiencies and generate cost savings. Additionally, it has been actively cutting down on its debt, reducing its net leverage ratio from 7.63x to 4.07x. It has targeted to achieve a low 3s in 2024.
05/29 09:00 EST - globenewswire.com
Pactiv Evergreen Inc. Successfully Reprices and Upsizes Term Loan
LAKE FOREST, Ill., May 29, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) (“Pactiv Evergreen” or the “Company”) today announced that the Company successfully completed the repricing and upsizing of its $990 million senior secured Term Loan B due September 24, 2028 (the “B-4 Term Loans”) and the subsequent prepayment of its $690 million senior secured Term Loan B due February 4, 2026 (the “B-2 Term Loans”).
Pactiv Evergreen Inc. Successfully Reprices and Upsizes Term Loan
LAKE FOREST, Ill., May 29, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) (“Pactiv Evergreen” or the “Company”) today announced that the Company successfully completed the repricing and upsizing of its $990 million senior secured Term Loan B due September 24, 2028 (the “B-4 Term Loans”) and the subsequent prepayment of its $690 million senior secured Term Loan B due February 4, 2026 (the “B-2 Term Loans”).
05/08 10:02 EST - zacks.com
Pactiv Evergreen Inc. (PTVE) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Pactiv Evergreen (PTVE). This makes it worthwhile to examine what the stock has in store.
Pactiv Evergreen Inc. (PTVE) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Pactiv Evergreen (PTVE). This makes it worthwhile to examine what the stock has in store.
05/03 14:14 EST - seekingalpha.com
Pactiv Evergreen Inc. (PTVE) Q1 2024 Earnings Call Transcript
Pactiv Evergreen Inc. (NASDAQ:PTVE ) Q1 2024 Earnings Conference Call May 3, 2024 8:30 AM ET Company Participants Curt Worthington - Vice President, Investor Relations & Strategy Michael King - Chief Executive Officer Jon Baksht - Chief Financial Officer Conference Call Participants Bryan Burgmeier - Citigroup Ghansham Panjabi - Baird Philip Ng - Jefferies Arun Viswanathan - RBC Capital Markets Adam Samuelson - Goldman Sachs George Staphos - Bank of America Operator Good day, and thank you for standing by. Welcome to the Pactiv Evergreen First Quarter 2024 Earnings Conference Call.
Pactiv Evergreen Inc. (PTVE) Q1 2024 Earnings Call Transcript
Pactiv Evergreen Inc. (NASDAQ:PTVE ) Q1 2024 Earnings Conference Call May 3, 2024 8:30 AM ET Company Participants Curt Worthington - Vice President, Investor Relations & Strategy Michael King - Chief Executive Officer Jon Baksht - Chief Financial Officer Conference Call Participants Bryan Burgmeier - Citigroup Ghansham Panjabi - Baird Philip Ng - Jefferies Arun Viswanathan - RBC Capital Markets Adam Samuelson - Goldman Sachs George Staphos - Bank of America Operator Good day, and thank you for standing by. Welcome to the Pactiv Evergreen First Quarter 2024 Earnings Conference Call.
04/29 12:45 EST - zacks.com
PTVE vs. MCW: Which Stock Is the Better Value Option?
Investors with an interest in Consumer Services - Miscellaneous stocks have likely encountered both Pactiv Evergreen Inc. (PTVE) and Mister Car Wash (MCW). But which of these two stocks presents investors with the better value opportunity right now?
PTVE vs. MCW: Which Stock Is the Better Value Option?
Investors with an interest in Consumer Services - Miscellaneous stocks have likely encountered both Pactiv Evergreen Inc. (PTVE) and Mister Car Wash (MCW). But which of these two stocks presents investors with the better value opportunity right now?
04/24 19:05 EST - zacks.com
Pactiv Evergreen Inc. (PTVE) Exceeds Market Returns: Some Facts to Consider
Pactiv Evergreen Inc. (PTVE) closed the most recent trading day at $15.25, moving +1.67% from the previous trading session.
Pactiv Evergreen Inc. (PTVE) Exceeds Market Returns: Some Facts to Consider
Pactiv Evergreen Inc. (PTVE) closed the most recent trading day at $15.25, moving +1.67% from the previous trading session.
04/24 10:06 EST - zacks.com
3 Stocks Trading Near 52-Week High That Can Climb Further
Investors target stocks that have been on a bullish run lately. Stocks like PTVE, PPC and CRTO that are seeing price strength have a high chance of carrying the momentum forward.
3 Stocks Trading Near 52-Week High That Can Climb Further
Investors target stocks that have been on a bullish run lately. Stocks like PTVE, PPC and CRTO that are seeing price strength have a high chance of carrying the momentum forward.
04/19 10:05 EST - zacks.com
Pactiv Evergreen Inc. (PTVE) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Pactiv Evergreen (PTVE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Pactiv Evergreen Inc. (PTVE) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Pactiv Evergreen (PTVE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
04/18 19:06 EST - zacks.com
Pactiv Evergreen Inc. (PTVE) Registers a Bigger Fall Than the Market: Important Facts to Note
The latest trading day saw Pactiv Evergreen Inc. (PTVE) settling at $14.14, representing a -0.7% change from its previous close.
Pactiv Evergreen Inc. (PTVE) Registers a Bigger Fall Than the Market: Important Facts to Note
The latest trading day saw Pactiv Evergreen Inc. (PTVE) settling at $14.14, representing a -0.7% change from its previous close.