Pactiv Evergreen (PTVE) Stock Price, News & Analysis

Company Overview

Pactiv Evergreen Inc. manufactures and distributes fresh foodservice and food merchandising products, and fresh beverage cartons in the United States, rest of North America, and internationally. It operates in two segments, Foodservice, and Food and Beverage Merchandising. The Foodservice segment offers food containers; drinkware, such as hot and cold cups and lids; and tableware, service ware, and other products. The Food and Beverage Merchandising segment manufactures cartons for fresh refrigerated beverage products, including dairy, juice, and other specialty beverage; clear rigid-display containers, containers for prepared and ready-to-eat food, and trays for meat and poultry and egg cartons; fiber-based liquid packaging board; and supplies fresh carton systems comprises printed cartons, spouts, and filling machinery. It serves its products to full-service restaurants, quick service restaurants, foodservice distributors, supermarkets, grocery and healthy eating retailers, other food stores, food and beverage producers, and food packers and food processors. The company was formerly known as Reynolds Group Holdings Limited. The company was founded in 1880 and is headquartered in Lake Forest, Illinois. Pactiv Evergreen Inc. is a subsidiary of Packaging Finance Limited.

Key Stats

• Today's Range: $18.01 to $18.01
• 50-Day Range: $18.01 to $18.01
• 52-Week Range: $8.83 to $18.03
• Volume: N/A
• Average Volume: 724,309 shs
• Market Capitalization: $3.25 billion
• P/E Ratio: N/A
• Dividend Yield: 2.22%
• Price Target: $18.00
• Consensus Rating: Hold

Pactiv Evergreen Stock Analysis - MarketRank™

Pactiv Evergreen scored higher than 10% of companies evaluated by MarketBeat, and ranked 169th out of 177 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Pactiv Evergreen has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Pactiv Evergreen has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 17.14%

Earnings Growth

Earnings for Pactiv Evergreen are expected to grow by 17.14% in the coming year, from $1.05 to $1.23 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Pactiv Evergreen is -19.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Pactiv Evergreen is -19.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Pactiv Evergreen has a PEG Ratio of 1.47. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Pactiv Evergreen has a P/B Ratio of 2.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PTVE.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Pactiv Evergreen pays a meaningful dividend of 2.23%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Pactiv Evergreen does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Pactiv Evergreen will have a dividend payout ratio of 32.52% next year. This indicates that Pactiv Evergreen will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for PTVE.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 3 news articles for Pactiv Evergreen this week, compared to 2 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Pactiv Evergreen insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.62% of the stock of Pactiv Evergreen is held by insiders.

Percentage Held by Institutions

Only 22.23% of the stock of Pactiv Evergreen is held by institutions.

PTVE Stock Analysis - Frequently Asked Questions

How were Pactiv Evergreen's earnings last quarter?

Pactiv Evergreen Inc. (NASDAQ:PTVE) announced its earnings results on Tuesday, November, 12th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.33 by $0.03. The business's revenue was down 3.3% on a year-over-year basis.
Read the conference call transcript.

When did Pactiv Evergreen IPO?

Pactiv Evergreen (PTVE) raised $800 million in an initial public offering (IPO) on Thursday, September 17th 2020. The company issued 41,000,000 shares at a price of $18.00-$21.00 per share. Credit Suisse, Citigroup, BofA Securities and Goldman Sachs & Co acted as the underwriters for the IPO and Baird, BMO Capital Markets, Deutsche Bank Securities, RBC Capital Markets, Academy Securities, Loop Capital Markets, Rabo Securities, Ramirez & Co. and Siebert Williams Shank were co-managers.

What other stocks do shareholders of Pactiv Evergreen own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Pactiv Evergreen investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), TotalEnergies (TTE) and Southern First Bancshares (SFST).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 8/24/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: Bags: plastic, laminated, & coated
• Sub-Industry: Business Supplies
• Current Symbol: NASDAQ:PTVE
• CIK: 1527508
• Web: www.pactivevergreen.com
• Phone: 847-482-2000
• Fax: N/A
• Employees: 16,200
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Pactiv Evergreen: $18.00
• High Price Target: $18.00
• Low Price Target: $18.00
• Potential Upside/Downside: -0.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.77)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 17.15
• P/E Growth: 1.47
• Net Income: -$223 million
• Net Margins: -3.16%
• Pretax Margin: -3.48%
• Return on Equity: 14.41%
• Return on Assets: 2.93%

Debt

• Debt-to-Equity Ratio: 3.26
• Current Ratio: 1.93
• Quick Ratio: 1.04

Sales & Book Value

• Annual Sales: $5.15 billion
• Price / Sales: 0.63
• Cash Flow: $4.39 per share
• Price / Cash Flow: 4.10
• Book Value: $7.56 per share
• Price / Book: 2.38

Miscellaneous

• Outstanding Shares: 180,631,000
• Free Float: 178,254,000
• Market Cap: $3.25 billion
• Optionable: Optionable
• Beta: 1.24