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: $17.83 to $18.03
• 52-Week Range: $8.83 to $18.03
• Volume: N/A
• Average Volume: 627,038 shs
• Market Capitalization: $3.25 billion
• P/E Ratio: N/A
• Dividend Yield: 2.22%
• Price Target: $16.80
• Consensus Rating: Hold

PTVE Stock Analysis - Frequently Asked Questions

How have PTVE shares performed this year?

Pactiv Evergreen's stock was trading at $17.47 at the beginning of the year. Since then, PTVE shares have increased by 3.1% and is now trading at $18.01.
View the best growth stocks for 2025 here.

How were Pactiv Evergreen's earnings last quarter?

Pactiv Evergreen Inc. (NASDAQ:PTVE) released its earnings results on Tuesday, November, 12th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.03. Pactiv Evergreen's quarterly revenue was down 3.3% compared to the same quarter last year.
Read the conference call transcript.

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?

Top institutional shareholders of Pactiv Evergreen include Bank of New York Mellon Corp (0.44%), Rhumbline Advisers (0.04%), A&I Financial Services LLC (0.02%) and Principal Financial Group Inc. (0.01%). Insiders that own company stock include Tim A Levenda, Rolf Stangl and Allen Hugli.
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.

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: 5/01/2025
• Next Earnings (Estimated): 5/01/2025
• 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 Stock Price Target: $16.80
• High Stock Price Target: $18.00
• Low Stock Price Target: $12.00
• Potential Upside/Downside: -6.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.77)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 17.15
• P/E Growth: 1.47
• Net Income: $-223,000,000.00
• 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