NASDAQ:PTVE Pactiv Evergreen (PTVE) Stock Price, News & Analysis $13.11 +0.36 (+2.82%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$12.83▼$13.1150-Day Range$11.07▼$13.3152-Week Range$7.41▼$15.84Volume224,580 shsAverage Volume306,133 shsMarket Capitalization$2.35 billionP/E RatioN/ADividend Yield3.05%Price Target$15.86 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Pactiv Evergreen alerts: Email Address Pactiv Evergreen MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside21.0% Upside$15.86 Price TargetShort InterestHealthy2.74% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.66Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth12.71%From $1.18 to $1.33 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.3.38 out of 5 starsConsumer Discretionary Sector143rd out of 279 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 2 research reports in the past 90 days.Read more about Pactiv Evergreen's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.74% 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 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Pactiv Evergreen has recently decreased by 14.29%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldPactiv Evergreen pays a meaningful dividend of 3.11%, 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 30.08% next year. This indicates that Pactiv Evergreen will be able to sustain or increase its dividend.Read more about Pactiv Evergreen's 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 0.66. 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 0.52 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Pactiv Evergreen this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for PTVE on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat Follows2 people have added Pactiv Evergreen to their MarketBeat watchlist in the last 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.Read more about Pactiv Evergreen's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Pactiv Evergreen are expected to grow by 12.71% in the coming year, from $1.18 to $1.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pactiv Evergreen is -28.50, 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 -28.50, 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 0.87. 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 1.73. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Pactiv Evergreen's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. 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 HeadlinesJuly 23, 2024 | finance.yahoo.comIs There An Opportunity With Pactiv Evergreen Inc.'s (NASDAQ:PTVE) 39% Undervaluation?July 20, 2024 | ca.finance.yahoo.comPTVE Aug 2024 10.000 callJuly 27, 2024 | DTI (Ad)We’re in a code red crisis and 99% of Americans are clueless Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES! July 20, 2024 | americanbankingnews.comPactiv Evergreen Inc. (NASDAQ:PTVE) Given Consensus Rating of "Moderate Buy" by BrokeragesJuly 19, 2024 | americanbankingnews.comPactiv Evergreen (NASDAQ:PTVE) Price Target Lowered to $16.00 at UBS GroupJuly 18, 2024 | globenewswire.comPactiv Evergreen Inc. Schedules Second Quarter 2024 Financial ResultsJuly 12, 2024 | globenewswire.comPactiv Evergreen Inc. Announces Definitive Agreement to Sell Pine Bluff Paper Mill and Waynesville Extrusion Facility to Suzano SAJune 2, 2024 | seekingalpha.comPactiv Evergreen: Heavy Restructuring Set To Drive Margin GrowthJuly 27, 2024 | DTI (Ad)We’re in a code red crisis and 99% of Americans are clueless Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES! May 29, 2024 | globenewswire.comPactiv Evergreen Inc. Successfully Reprices and Upsizes Term LoanMay 23, 2024 | msn.com'You make promises, you keep promises' Canton mayor speaks out on Pactiv Evergreen lawsuitMay 23, 2024 | msn.comNC attorney general sues Pactiv Evergreen with claims of breached contractMay 17, 2024 | msn.comPactiv Evergreen announces potential buyer for Canton MillMay 17, 2024 | msn.comCanton, Haywood County leaders weigh in on possible sale of former paper millMay 16, 2024 | msn.comPactiv Evergreen announces deal to sell former Canton mill siteMay 7, 2024 | investing.comPactiv Evergreen Inc (PTVE)May 6, 2024 | finance.yahoo.comPactiv Evergreen Inc. Just Recorded A 37% EPS Beat: Here's What Analysts Are Forecasting NextMay 4, 2024 | finance.yahoo.comPactiv Evergreen Inc (PTVE) Q1 2024 Earnings Call Transcript Highlights: Navigating Challenges,See 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 Last Earnings5/02/2024Ex-Dividend for 6/14 Dividend5/31/2024Dividend Payable6/14/2024Today7/27/2024Next Earnings (Confirmed)7/31/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Bags: plastic, laminated, & coated Sub-IndustryBusiness Supplies Current SymbolNASDAQ:PTVE CUSIPN/A CIK1527508 Webwww.pactivevergreen.com Phone847-482-2000FaxN/AEmployees15,000Year FoundedN/APrice Target and Rating Average Stock Price Target$15.86 High Stock Price Target$18.00 Low Stock Price Target$14.00 Potential Upside/Downside+21.0%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.46) Trailing P/E RatioN/A Forward P/E Ratio11.11 P/E Growth0.87Net Income$-223,000,000.00 Net Margins-1.50% Pretax Margin-1.09% Return on Equity13.79% Return on Assets2.82% Debt Debt-to-Equity Ratio2.69 Current Ratio2.02 Quick Ratio0.87 Sales & Book Value Annual Sales$5.51 billion Price / Sales0.43 Cash Flow$4.43 per share Price / Cash Flow2.96 Book Value$7.56 per share Price / Book1.73Miscellaneous Outstanding Shares179,150,000Free Float178,038,000Market Cap$2.35 billion OptionableOptionable Beta1.32 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. 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 CompetitorsMativNYSE:MATVRanpakNYSE:PACKRayonier Advanced MaterialsNYSE:RYAMIntelligent Living Application GroupNASDAQ:ILAGBig Tree CloudNASDAQ:DSYView All CompetitorsInstitutional OwnershipAllspring Global Investments Holdings LLCBought 28,768 shares on 7/26/2024Ownership: 0.016%Assenagon Asset Management S.A.Bought 31,221 shares on 7/18/2024Ownership: 0.197%SG Americas Securities LLCBought 10,907 shares on 7/12/2024Ownership: 0.006%CWM LLCBought 2,212 shares on 7/10/2024Ownership: 0.002%California State Teachers Retirement SystemSold 2,150 shares on 5/16/2024Ownership: 0.025%View All Institutional Transactions PTVE Stock Analysis - Frequently Asked Questions How have PTVE shares performed this year? Pactiv Evergreen's stock was trading at $13.71 at the beginning of 2024. Since then, PTVE stock has decreased by 4.4% and is now trading at $13.11. View the best growth stocks for 2024 here. How were Pactiv Evergreen's earnings last quarter? Pactiv Evergreen Inc. (NASDAQ:PTVE) issued 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's quarterly revenue was down 12.5% on a year-over-year basis. 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 a price of $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 top institutional investors include Assenagon Asset Management S.A. (0.20%), Allspring Global Investments Holdings LLC (0.02%), SG Americas Securities LLC (0.01%) and CWM LLC. Insiders that own company stock include Tim A Levenda, Rolf Stangl, Allen Hugli and Eric Wulf. 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 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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