Top-Rated Dividend StocksTop-Rated DividendNASDAQ:PTVE Pactiv Evergreen (PTVE) Stock Price, News & Analysis → Perma Bull: This is what terrifies me about AI (From InvestorPlace) (Ad) Free ptve Stock Alerts $13.59 +0.02 (+0.15%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$13.19▼$13.6950-Day Range$12.99▼$15.5352-Week Range$6.86▼$15.84Volume727,608 shsAverage Volume442,479 shsMarket Capitalization$2.43 billionP/E RatioN/ADividend Yield2.94%Price Target$16.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Pactiv Evergreen alerts: Email Address Pactiv Evergreen MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside19.1% Upside$16.00 Price TargetShort InterestHealthy2.41% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.57Based on 16 Articles This WeekInsider TradingN/AProj. Earnings Growth15.93%From $1.13 to $1.31 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.16 out of 5 starsConsumer Discretionary Sector136th out of 268 stocksBags: Plastic, Laminated, & Coated Industry1st out of 2 stocks 2.4 Analyst's Opinion Consensus RatingPactiv Evergreen has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoveragePactiv Evergreen has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.41% of the float of Pactiv Evergreen has been sold short.Short Interest Ratio / Days to CoverPactiv Evergreen has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Pactiv Evergreen has recently increased by 3.90%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldPactiv Evergreen pays a meaningful dividend of 2.95%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPactiv Evergreen does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Pactiv Evergreen will have a dividend payout ratio of 30.53% next year. This indicates that Pactiv Evergreen will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PTVE. Previous Next 3.1 News and Social Media Coverage News SentimentPactiv Evergreen has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Pactiv Evergreen this week, compared to 2 articles on an average week.Search Interest10 people have searched for PTVE on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Pactiv Evergreen to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Pactiv Evergreen insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.62% of the stock of Pactiv Evergreen is held by insiders.Percentage Held by InstitutionsOnly 22.23% of the stock of Pactiv Evergreen is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Pactiv Evergreen are expected to grow by 15.93% in the coming year, from $1.13 to $1.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pactiv Evergreen is -29.20, 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. SectorThe P/E ratio of Pactiv Evergreen is -29.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioPactiv Evergreen has a PEG Ratio of 0.86. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioPactiv Evergreen has a P/B Ratio of 1.78. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Lear CapitalDollar CancelledDon’t wait to protect your hard-earned savings. Top economists and billionaires are predicting that the dollar could collapse before the end of 2024.Get informed and prepare now before it’s too late. About Pactiv Evergreen Stock (NASDAQ:PTVE)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.Read More PTVE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PTVE Stock News HeadlinesMay 6, 2024 | finance.yahoo.comPactiv Evergreen Inc. Just Recorded A 37% EPS Beat: Here's What Analysts Are Forecasting NextMay 6, 2024 | americanbankingnews.comPactiv Evergreen Inc. (NASDAQ:PTVE) Receives Average Recommendation of "Moderate Buy" from BrokeragesMay 6, 2024 | Lear Capital (Ad)Dollar CancelledDon’t wait to protect your hard-earned savings. Top economists and billionaires are predicting that the dollar could collapse before the end of 2024.May 5, 2024 | americanbankingnews.comPactiv Evergreen (NASDAQ:PTVE) Shares Gap Down to $15.49May 4, 2024 | finance.yahoo.comPactiv Evergreen Inc (PTVE) Q1 2024 Earnings Call Transcript Highlights: Navigating Challenges,May 4, 2024 | finance.yahoo.comPactiv Evergreen Inc. (NASDAQ:PTVE) Q1 2024 Earnings Call TranscriptMay 4, 2024 | finance.yahoo.comQ1 2024 Pactiv Evergreen Inc Earnings CallMay 3, 2024 | markets.businessinsider.comBank of America Securities Reaffirms Their Buy Rating on Pactiv Evergreen (PTVE)May 6, 2024 | Lear Capital (Ad)Dollar CancelledDon’t wait to protect your hard-earned savings. Top economists and billionaires are predicting that the dollar could collapse before the end of 2024.May 2, 2024 | markets.businessinsider.comPTVE Stock Earnings: Pactiv Evergreen Beats EPS, Misses Revenue for Q1 2024May 2, 2024 | markets.businessinsider.comHere's what Wall Street expects from Pactiv Evergreen's earningsMay 2, 2024 | finance.yahoo.comPactiv Evergreen Reports First Quarter 2024 Financial ResultsMay 2, 2024 | globenewswire.comPactiv Evergreen Inc. Declares Quarterly DividendMay 1, 2024 | msn.comPactiv Evergreen Q1 2024 Earnings PreviewApril 29, 2024 | msn.comSonoco fires off price increases in Mexico on tubes and cores productsApril 28, 2024 | americanbankingnews.comPactiv Evergreen (NASDAQ:PTVE) Reaches New 12-Month High at $15.52April 19, 2024 | finance.yahoo.comIs There Now An Opportunity In Pactiv Evergreen Inc. (NASDAQ:PTVE)?April 18, 2024 | globenewswire.comPactiv Evergreen Inc. Schedules First Quarter 2024 Financial ResultsApril 12, 2024 | finance.yahoo.comPactiv Evergreen Inc. (PTVE) Stock Moves -1.1%: What You Should KnowMarch 21, 2024 | seekingalpha.comPactiv Evergreen: Attractive FCF Yield Profile Once Cost Savings Program EndsMarch 6, 2024 | finance.yahoo.comPactiv Evergreen Inc. (NASDAQ:PTVE) Q4 2023 Earnings Call TranscriptMarch 5, 2024 | markets.businessinsider.comAnalysts Are Neutral on These Consumer Cyclical Stocks: Redbubble Ltd. (RDBBF), Pactiv Evergreen (PTVE)March 4, 2024 | markets.businessinsider.comExpert Outlook: Pactiv Evergreen Through The Eyes Of 9 AnalystsMarch 4, 2024 | markets.businessinsider.comThese Analysts Revise Their Forecasts On Pactiv Evergreen After Q4 ResultsMarch 3, 2024 | seekingalpha.comPactiv Evergreen Inc. (PTVE) Q4 2023 Earnings Call TranscriptMarch 2, 2024 | benzinga.comPactiv Evergreen: Q4 Earnings InsightsMarch 2, 2024 | finance.yahoo.comQ4 2023 Pactiv Evergreen Inc Earnings CallSee More Headlines Receive PTVE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Pactiv Evergreen and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/29 Dividend3/14/2024Dividend Payable3/29/2024Last Earnings5/02/2024Today5/06/2024Ex-Dividend for 6/14 Dividend5/31/2024Dividend Payable6/14/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Bags: plastic, laminated, & coated Sub-IndustryN/A Current SymbolNASDAQ:PTVE CUSIPN/A CIK1527508 Webwww.pactivevergreen.com Phone847-482-2000FaxN/AEmployees15,000Year FoundedN/APrice Target and Rating Average Stock Price Target$16.00 High Stock Price Target$19.00 Low Stock Price Target$11.00 Potential Upside/Downside+19.6%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.46) Trailing P/E RatioN/A Forward P/E Ratio11.84 P/E Growth0.86Net Income$-223,000,000.00 Net Margins-1.50% Pretax Margin-4.08% Return on Equity13.89% Return on Assets2.81% Debt Debt-to-Equity Ratio2.69 Current Ratio2.00 Quick Ratio0.93 Sales & Book Value Annual Sales$5.51 billion Price / Sales0.44 Cash Flow$4.29 per share Price / Cash Flow3.12 Book Value$7.56 per share Price / Book1.77Miscellaneous Outstanding Shares179,150,000Free Float178,038,000Market Cap$2.40 billion OptionableOptionable Beta1.43 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Michael Jack King (Age 44)President, CEO & Director Comp: $4.46MMr. Jonathan H. Baksht (Age 48)Chief Financial officer Comp: $2.15MMr. Douglas E. Owenby (Age 64)Chief Operations Officer Comp: $1.36MMr. Timothy A. Levenda (Age 56)President of Foodservice Comp: $2.31MMr. Eric A. Wulf (Age 42)President of Food & Beverage Merchandising Comp: $1.4MTommy DarbyChief Accounting OfficerMike BetzChief Information OfficerCurt WorthingtonVice President of Strategy & Investor RelationsMs. Chandra J. Mitchell (Age 50)Chief Legal Officer & Corporate Secretary Sandy CobdenChief Counsel of Litigation & ComplianceMore ExecutivesKey CompetitorsSealed AirNYSE:SEESonoco ProductsNYSE:SONReynolds Consumer ProductsNASDAQ:REYNCentral Garden & PetNASDAQ:CENTPlaytikaNASDAQ:PLTKView All CompetitorsInstitutional OwnershipGSA Capital Partners LLPBought 13,596 shares on 5/3/2024Ownership: 0.048%Principal Financial Group Inc.Bought 19,130 shares on 4/29/2024Ownership: 0.011%Assenagon Asset Management S.A.Bought 321,753 shares on 4/24/2024Ownership: 0.180%Oliver Luxxe Assets LLCBought 46,598 shares on 4/18/2024Ownership: 0.026%Counterpoint Mutual Funds LLCBought 45,967 shares on 4/15/2024Ownership: 0.026%View All Institutional Transactions PTVE Stock Analysis - Frequently Asked Questions Should I buy or sell Pactiv Evergreen stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pactiv Evergreen in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PTVE shares. View PTVE analyst ratings or view top-rated stocks. What is Pactiv Evergreen's stock price target for 2024? 7 analysts have issued 1 year target prices for Pactiv Evergreen's stock. Their PTVE share price targets range from $11.00 to $19.00. On average, they anticipate the company's stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 19.1% from the stock's current price. View analysts price targets for PTVE or view top-rated stocks among Wall Street analysts. How have PTVE shares performed in 2024? Pactiv Evergreen's stock was trading at $13.71 on January 1st, 2024. Since then, PTVE shares have decreased by 2.0% and is now trading at $13.43. View the best growth stocks for 2024 here. When is Pactiv Evergreen's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our PTVE earnings forecast. How were Pactiv Evergreen's earnings last quarter? Pactiv Evergreen Inc. (NASDAQ:PTVE) released its quarterly earnings data on Thursday, May, 2nd. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.05. The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.29 billion. Pactiv Evergreen had a negative net margin of 1.50% and a positive trailing twelve-month return on equity of 13.89%. Pactiv Evergreen's revenue for the quarter was down 12.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.13 earnings per share. How often does Pactiv Evergreen pay dividends? What is the dividend yield for Pactiv Evergreen? Pactiv Evergreen declared a quarterly dividend on Thursday, May 2nd. Investors of record on Friday, May 31st will be given a dividend of $0.10 per share on Friday, June 14th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date is Friday, May 31st. Read our dividend analysis for PTVE. Is Pactiv Evergreen a good dividend stock? Pactiv Evergreen (NASDAQ:PTVE) pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.95%. Read our dividend analysis for PTVE. What ETFs hold Pactiv Evergreen's stock? ETFs with the largest weight of Pactiv Evergreen (NASDAQ:PTVE) stock in their portfolio include Counterpoint Quantitative Equity ETF (CPAI), EA Bridgeway Omni Small-Cap Value ETF (BSVO) and Small Cap US Equity Select ETF (RNSC).Invesco MSCI Global Timber ETF (CUT). When did Pactiv Evergreen IPO? Pactiv Evergreen (PTVE) raised $800 million in an initial public offering on Thursday, September 17th 2020. The company issued 41,000,000 shares at $18.00-$21.00 per share. Credit Suisse, Citigroup, BofA Securities and Goldman Sachs & Co served 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. Who are Pactiv Evergreen's major shareholders? Pactiv Evergreen's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.18%), Los Angeles Capital Management LLC (0.09%), GSA Capital Partners LLP (0.05%), Oliver Luxxe Assets LLC (0.03%), Counterpoint Mutual Funds LLC (0.03%) and Principal Financial Group Inc. (0.01%). Insiders that own company stock include Allen Hugli, Eric Wulf, Michael Jack King, Rolf Stangl and Tim A Levenda. View institutional ownership trends. How do I buy shares of Pactiv Evergreen? Shares of PTVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:PTVE) was last updated on 5/6/2024 by MarketBeat.com Staff From Our PartnersThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldAI “wealth window” is closing June 25thParadigm PressMissed NVDA? Buy this AI stock NOWChaikin AnalyticsThe asset beating inflation by 4xColonial MetalsCould Your Accounts Be Frozen?Allegiance GoldDollar CancelledLear CapitalHe Is Giving Away BitcoinCrypto Swap ProfitsElon to Transform U.S. Economy? Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Pactiv Evergreen Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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