Pactiv Evergreen (PTVE) Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pactiv Evergreen in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PTVE shares.
View PTVE analyst ratings or view top-rated stocks.

5 brokers have issued 12 month price targets for Pactiv Evergreen's stock. Their PTVE share price forecasts range from $9.00 to $12.00. On average, they anticipate the company's share price to reach $10.67 in the next year. This suggests a possible upside of 34.3% from the stock's current price.
View analysts price targets for PTVE or view top-rated stocks among Wall Street analysts.

Pactiv Evergreen's stock was trading at $11.36 on January 1st, 2023. Since then, PTVE stock has decreased by 30.1% and is now trading at $7.94.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our PTVE earnings forecast.

Pactiv Evergreen Inc. (NASDAQ:PTVE) issued its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.21 by $0.01. The firm had revenue of $1.43 billion for the quarter, compared to analysts' expectations of $1.53 billion. Pactiv Evergreen had a positive trailing twelve-month return on equity of 8.64% and a negative net margin of 1.19%.

Pactiv Evergreen declared a quarterly dividend on Tuesday, August 1st. Shareholders of record on Thursday, August 31st will be paid a dividend of $0.10 per share on Friday, September 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 5.04%. The ex-dividend date of this dividend is Wednesday, August 30th.
Read our dividend analysis for PTVE.

ETFs with the largest weight of Pactiv Evergreen (NASDAQ:PTVE) stock in their portfolio include First Trust Small Cap Value AlphaDEX Fund (FYT).First Trust Small Cap Core AlphaDEX Fund (FYX).

Pactiv Evergreen (NASDAQ:PTVE) pays an annual dividend of $0.40 per share and currently has a dividend yield of 4.92%. PTVE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for PTVE.

(PTVE) raised $800 million in an initial public offering (IPO) 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 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.

Pactiv Evergreen trades on the NASDAQ under the ticker symbol "PTVE."

Shares of PTVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PTVE stock can currently be purchased for approximately $7.94.

Pactiv Evergreen (NASDAQ:PTVE) has a market capitalization of $1.42 billion and generates $6.22 billion in revenue each year. The company earns $318 million in net income (profit) each year or ($0.41) on an earnings per share basis.

The company employs 16,000 workers across the globe.

Pactiv Evergreen's mailing address is 1900 West Field Court, Lake Forest IL, 60045. The official website for the company is www.pactivevergreen.com. The company can be reached via phone at 847-482-2000 or via email at investorrelations@pactivevergreen.com.