Veritiv Corporation is a business-to-business distributor of print, publishing, packaging and facility solutions. The Company also provides logistics and supply chain management solutions to its customers. The Company's segments are Print, Publishing & Print Management (Publishing), Packaging, Facility Solutions, and Corporate & Other. The Print segment sells and distributes commercial printing, writing, copying, digital, wide format and specialty paper products, graphics consumables and graphics equipment. The Publishing segment sells and distributes coated and uncoated commercial printing papers. The Packaging segment provides standard, as well as custom and packaging solutions. The Facility Solutions segment sources and sells cleaning, break-room and other supplies such as towels, tissues, wipers and dispensers, can liners, commercial cleaning chemicals, soaps and sanitizers, sanitary maintenance supplies and equipment, safety and hazard supplies, and shampoos and amenities.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Paper Product Wholesale
- Sub-Industry: N/A
- Symbol: NYSE:VRTV
- CUSIP: N/A
- Web: www.veritivcorp.com
Capitalization:- Market Cap: $490.63 million
- Outstanding Shares: 15,700,000
Average Prices:- 50 Day Moving Avg: $29.12
- 200 Day Moving Avg: $42.08
- 52 Week Range: $26.85 - $62.60
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 9.58
- P/E Growth: 0.94
Sales & Book Value:- Annual Revenue: $8.27 billion
- Price / Sales: 0.06
- Book Value: $34.63 per share
- Price / Book: 0.90
Profitability:- EBIDTA: $141.8 million
- Net Margins: -0.02%
- Return on Equity: 5.43%
- Return on Assets: 1.19%
Debt:- Debt-to-Equity Ratio: 1.46%
- Current Ratio: 2.43%
- Quick Ratio: 1.55%
Misc:- Average Volume: 124,541 shs.
- Beta: 1.17
- Short Ratio: 4.52
Frequently Asked Questions for Veritiv Corporation (NYSE:VRTV)
What is Veritiv Corporation's stock symbol?
Veritiv Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "VRTV."
How were Veritiv Corporation's earnings last quarter?
Veritiv Corporation (NYSE:VRTV) posted its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.88 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.56 by $0.32. The firm had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2.02 billion. Veritiv Corporation had a positive return on equity of 5.43% and a negative net margin of 0.02%. The business's revenue for the quarter was down 1.5% compared to the same quarter last year. View Veritiv Corporation's Earnings History.
When will Veritiv Corporation make its next earnings announcement?
Where is Veritiv Corporation's stock going? Where will Veritiv Corporation's stock price be in 2017?
6 equities research analysts have issued twelve-month price targets for Veritiv Corporation's stock. Their forecasts range from $25.00 to $52.00. On average, they anticipate Veritiv Corporation's share price to reach $39.50 in the next twelve months. View Analyst Ratings for Veritiv Corporation.
Who are some of Veritiv Corporation's key competitors?
Some companies that are related to Veritiv Corporation include Acacia Mining PLC (ABG), MAG Silver Corp (MAG), The Andersons (ANDE), Ibstock plc (IBST), Innophos Holdings (IPHS), A. Schulman (SHLM), Arizona Mining (AZ), Fortuna Silver Mines (FVI), Lucara Diamond Corp (LUC), Gran Tierra Energy (GTE), Koppers Holdings (KOP), Equitable Group (EQB), Harmony Gold Mining Company Limited (HMY), Osisko Mining Corp (OSK), Marshalls plc (MSLH), Valener (VNR), Green Plains (GPRE) and Valhi (VHI).
Who are Veritiv Corporation's key executives?
Veritiv Corporation's management team includes the folowing people:
- Mary A. Laschinger, Chairman of the Board, Chief Executive Officer
- Stephen J. Smith, Chief Financial Officer, Senior Vice President
- Elizabeth Patrick, Chief Human Resource Officer, Senior Vice President
- Mark W. Hianik, Senior Vice President, General Counsel, Corporate Secretary
- Charles B. Henry, Senior Vice President - Integration and Change Management
- Thomas S. Lazzaro, Senior Vice President - Field Sales and Operations
- Barry R. Nelson, Senior Vice President - Publishing and Print Management
- Darin W. Tang, Senior Vice President - Packaging
- Adam W Taylor, Senior Vice President, Chief Strategy Officer
- Daniel J. Watkoske, Senior Vice President - Print
Who owns Veritiv Corporation stock?
Veritiv Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include Janus Henderson Group PLC (7.84%), Dimensional Fund Advisors LP (4.01%), Vanguard Group Inc. (3.75%), State Street Corp (1.58%), JPMorgan Chase & Co. (0.98%) and Northern Trust Corp (0.88%). Company insiders that own Veritiv Corporation stock include Bain Capital Investors Llc, Daniel J Watkoske, Mary A Laschinger, Stephen Joseph Smith and Thomas S Lazzaro. View Institutional Ownership Trends for Veritiv Corporation.
Who sold Veritiv Corporation stock? Who is selling Veritiv Corporation stock?
Veritiv Corporation's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Arrowstreet Capital Limited Partnership, GSA Capital Partners LLP, Cornerstone Capital Management Holdings LLC., Goldman Sachs Group Inc., PNC Financial Services Group Inc., OxFORD Asset Management LLP and Marshall Wace North America L.P.. View Insider Buying and Selling for Veritiv Corporation.
Who bought Veritiv Corporation stock? Who is buying Veritiv Corporation stock?
Veritiv Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Dimensional Fund Advisors LP, JPMorgan Chase & Co., Prudential Financial Inc., Schwab Charles Investment Management Inc., Northern Trust Corp, State Street Corp and Nationwide Fund Advisors. Company insiders that have bought Veritiv Corporation stock in the last two years include Daniel J Watkoske, Mary A Laschinger, Stephen Joseph Smith and Thomas S Lazzaro. View Insider Buying and Selling for Veritiv Corporation.
How do I buy Veritiv Corporation stock?
Shares of Veritiv Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Veritiv Corporation's stock price today?
One share of Veritiv Corporation stock can currently be purchased for approximately $31.15.
MarketBeat Community Rating for Veritiv Corporation (NYSE VRTV)MarketBeat's community ratings are surveys of what our community members think about Veritiv Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Veritiv Corporation (NYSE:VRTV) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 3 Hold Ratings, 2 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.17) |
| Consensus Price Target: | $39.50 (26.81% upside) |
Analysts' Ratings History for Veritiv Corporation (NYSE:VRTV)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/9/2017 | William Blair | Downgrade | Outperform -> Market Perform | | Low |  |
| 8/7/2017 | Barclays PLC | Lower Price Target | Underweight | $35.00 -> $25.00 | Low | |
| 8/3/2017 | Bank of America Corporation | Downgrade | Buy -> Neutral | $64.00 -> $36.00 | High | |
| 8/3/2017 | SunTrust Banks, Inc. | Upgrade | Hold -> Buy | $45.00 | High | |
| 5/18/2017 | Wells Fargo & Company | Upgrade | Market Perform -> Outperform | | High | |
| 11/8/2016 | Vertical Research | Downgrade | Buy -> Hold | $52.00 | N/A | |
(Data available from 9/21/2015 forward)
Earnings History for Veritiv Corporation (NYSE:VRTV)Earnings History by Quarter for Veritiv Corporation (NYSE VRTV)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/7/2017 | | $1.11 | | | | | N/A | |
| 8/2/2017 | Q2 2017 | $0.56 | $0.88 | $2.02 billion | $2.03 billion | View | Listen | |
| 5/3/2017 | Q1 2017 | $0.21 | $0.38 | $1.97 billion | $1.99 billion | View | Listen | |
| 3/14/2017 | Q4 2016 | $0.90 | $0.26 | $2.12 billion | $2.12 billion | View | N/A | |
| 11/9/2016 | Q316 | $1.21 | $0.34 | $2.12 billion | $2.13 billion | View | Listen | |
| 8/9/2016 | Q216 | $0.59 | $0.49 | $2.04 billion | $2.10 billion | View | N/A | |
| 5/10/2016 | Q116 | $0.44 | $0.21 | $2.02 billion | $2.00 billion | View | Listen | |
| 3/15/2016 | Q415 | $0.64 | $0.63 | $2.32 billion | $2.20 billion | View | Listen | |
| 11/12/2015 | Q315 | $1.16 | $0.91 | $2.28 billion | $2.20 billion | View | Listen | |
| 8/13/2015 | Q215 | $0.41 | $0.27 | $2.24 billion | $2.16 billion | View | Listen | |
| 5/13/2015 | Q1 | $0.18 | $0.40 | $2.18 billion | $2.10 million | View | Listen | |
| 3/23/2015 | Q414 | $0.35 | ($0.07) | $2.41 billion | $2.38 billion | View | N/A | |
| 11/13/2014 | Q314 | $1.04 | ($0.88) | $2.28 billion | $2.40 billion | View | N/A | |
| 8/13/2014 | Q214 | $0.47 | ($0.21) | $1.40 billion | $1.33 billion | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Veritiv Corporation (NYSE:VRTV)Current Year EPS Consensus Estimate: $1.84 EPS
Next Year EPS Consensus Estimate: $3.25 EPS
Dividend History for Veritiv Corporation (NYSE:VRTV)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Veritiv Corporation (NYSE:VRTV)Insider Ownership Percentage: 0.25%
Institutional Ownership Percentage: 93.10%
Insider Trades by Quarter for Veritiv Corporation (NYSE:VRTV)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/12/2017 | Mary A Laschinger | Chairman | Buy | 3,300 | $30.22 | $99,726.00 | |
| 5/11/2017 | Thomas S Lazzaro | SVP | Buy | 5,000 | $40.90 | $204,500.00 | |
| 5/5/2017 | Daniel J Watkoske | SVP | Buy | 1,000 | $41.50 | $41,500.00 | |
| 5/5/2017 | Mary A Laschinger | Chairman | Buy | 6,100 | $41.71 | $254,431.00 | |
| 3/22/2017 | Bain Capital Investors Llc | Major Shareholder | Sell | 1,800,000 | $54.14 | $97,452,000.00 | |
| 11/23/2016 | Bain Capital Investors Llc | Major Shareholder | Sell | 1,756,160 | $42.87 | $75,286,579.20 | |
| 3/21/2016 | Stephen Joseph Smith | CFO | Buy | 500 | $38.73 | $19,365.00 | |
| 11/16/2015 | Mary A Laschinger | CEO | Buy | 5,000 | $36.79 | $183,950.00 | |
| 6/22/2015 | Mary A Laschinger | CEO | Buy | 1,000 | $39.94 | $39,940.00 | |
| 12/23/2014 | Daniel J Watkoske | SVP | Buy | 1,000 | $49.97 | $49,970.00 | |
| 12/23/2014 | Daniel T Henry | Director | Buy | 5,000 | $49.89 | $249,450.00 | |
| 12/23/2014 | Mary A Laschinger | CEO | Buy | 2,187 | $50.55 | $110,552.85 | |
| 12/23/2014 | Stephen Joseph Smith | CFO | Buy | 1,500 | $50.91 | $76,365.00 | |
| 12/22/2014 | Mark W Hianik | SVP | Buy | 1,000 | $51.33 | $51,330.00 | |
| 12/19/2014 | Darin W Tang | SVP | Buy | 1,000 | $49.07 | $49,070.00 | |
| 9/22/2014 | Daniel J Watkoske | SVP | Buy | 500 | $45.36 | $22,680.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Veritiv Corporation (NYSE:VRTV)
Latest Headlines for Veritiv Corporation (NYSE:VRTV)
| Source: |
|
| Date | Headline |
|---|
 | Veritiv to Feature Wide and Grand Format Media, Equipment, and Product Solutions at 2017 SGIA Expo
finance.yahoo.com - September 19 at 9:26 AM |
 | Veritiv Corporation (VRTV) Upgraded at BidaskClub
www.americanbankingnews.com - September 16 at 9:50 AM |
| $2.09 Billion in Sales Expected for Veritiv Corporation (VRTV) This Quarter
www.americanbankingnews.com - September 15 at 9:10 AM |
 | XMS Capital Partners Advises Veritiv on its Acquisition of All American Containers
www.nasdaq.com - September 13 at 9:01 PM |
| Insider Buying: Veritiv Corporation (VRTV) Chairman Buys 3,300 Shares of Stock
www.americanbankingnews.com - September 13 at 8:50 PM |
| $1.14 EPS Expected for Veritiv Corporation (VRTV) This Quarter
www.americanbankingnews.com - September 13 at 2:32 PM |
| Veritiv to Present Facility Solutions for Healthcare Environment at 2017 AHE EXCHANGE Annual Conference in Orlando
finance.yahoo.com - September 12 at 12:01 PM |
| Veritiv makes first acquisition as public company
finance.yahoo.com - September 8 at 10:06 AM |
| Veritiv Completes Acquisition of All American Containers
finance.yahoo.com - September 6 at 10:05 AM |
| Georgia's largest woman-run company makes first acquisition since going public
finance.yahoo.com - September 6 at 10:05 AM |
| ETFs with exposure to Veritiv Corp. : September 2, 2017
finance.yahoo.com - September 2 at 10:19 AM |
| Veritiv to Present Lean Facility Maintenance Approach at 2017 ISSA/INTERCLEAN Convention in Las Vegas
finance.yahoo.com - September 1 at 10:55 AM |
| Veritiv Corp. :VRTV-US: Earnings Analysis: Q2, 2017 By the Numbers : August 29, 2017
finance.yahoo.com - August 30 at 10:57 AM |
| Veritiv Corporation (VRTV) Expected to Announce Quarterly Sales of $2.08 Billion
www.americanbankingnews.com - August 28 at 8:00 AM |
| Veritiv Corporation (VRTV) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 28 at 2:36 AM |
| Veritiv Celebrates National Toilet Paper Day By Donating 25,000 Rolls Of Toilet Paper To Love Rolls, Inc.
finance.yahoo.com - August 25 at 8:34 PM |
| Veritiv Corporation (VRTV) Expected to Post Earnings of $1.12 Per Share
www.americanbankingnews.com - August 7 at 4:26 PM |
| Veritiv Corporation (NYSE:VRTV) PT Lowered to $25.00 at Barclays PLC
www.americanbankingnews.com - August 7 at 2:24 PM |
| Veritiv Corporation (VRTV) Lowered to "Sell" at Zacks Investment Research
www.americanbankingnews.com - August 5 at 8:58 AM |
| ETFs with exposure to Veritiv Corp. : August 4, 2017
finance.yahoo.com - August 4 at 9:48 AM |
| Veritiv Corporation (NYSE:VRTV) Releases Earnings Results, Beats Estimates By $0.32 EPS
www.americanbankingnews.com - August 3 at 5:36 PM |
| Veritiv Corporation (NYSE:VRTV) Upgraded to Buy by SunTrust Banks, Inc.
www.americanbankingnews.com - August 3 at 8:56 AM |
| Edited Transcript of VRTV earnings conference call or presentation 2-Aug-17 2:00pm GMT
finance.yahoo.com - August 3 at 8:44 AM |
| Veritiv Corporation (VRTV) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - August 3 at 8:42 AM |
| Zacks: Veritiv Corporation (VRTV) Given Consensus Rating of "" by Analysts
www.americanbankingnews.com - August 2 at 8:22 PM |
| Investor Network: Veritiv Corp to Host Earnings Call
finance.yahoo.com - August 2 at 8:34 AM |
| Veritiv Announces Second Quarter 2017 Financial Results
finance.yahoo.com - August 2 at 8:34 AM |
| Veritiv reports 2Q loss
finance.yahoo.com - August 2 at 8:34 AM |
| David Flitman Named to Veritiv Board of Directors
finance.yahoo.com - July 28 at 9:46 AM |
| Veritiv Corporation (VRTV) to Release Earnings on Wednesday
www.americanbankingnews.com - July 27 at 10:07 AM |
| Veritiv Corporation (NYSE:VRTV) Downgraded to "Strong Sell" at BidaskClub
www.americanbankingnews.com - July 24 at 11:32 PM |
 | Veritiv to Release Second Quarter 2017 Financial Results on August 2
www.bizjournals.com - July 19 at 9:10 AM |
| $0.56 Earnings Per Share Expected for Veritiv Corporation (NYSE:VRTV) This Quarter
www.americanbankingnews.com - July 18 at 1:17 PM |
| ETFs with exposure to Veritiv Corp. : July 13, 2017
finance.yahoo.com - July 14 at 9:50 AM |
| Veritiv Corporation (VRTV) Lowered to Sell at BidaskClub
www.americanbankingnews.com - July 8 at 3:28 PM |
| Veritiv Corporation (VRTV) Upgraded at Zacks Investment Research
www.americanbankingnews.com - July 5 at 1:20 PM |
| ETFs with exposure to Veritiv Corp. : July 3, 2017
finance.yahoo.com - July 4 at 8:39 AM |
| Veritiv Corp. breached its 50 day moving average in a Bullish Manner : VRTV-US : June 29, 2017
finance.yahoo.com - June 29 at 3:17 PM |
| Zacks: Analysts Anticipate Veritiv Corporation (VRTV) Will Announce Quarterly Sales of $2.02 Billion
www.americanbankingnews.com - June 24 at 9:50 AM |
| ETFs with exposure to Veritiv Corp. : June 22, 2017
finance.yahoo.com - June 22 at 7:38 PM |
| Veritiv Corp. :VRTV-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017
finance.yahoo.com - June 22 at 2:37 PM |
| Brokerages Expect Veritiv Corporation (VRTV) to Post $0.56 Earnings Per Share
www.americanbankingnews.com - June 22 at 8:58 AM |
| Zacks: Veritiv Corporation (VRTV) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - June 16 at 10:46 PM |
| Veritiv Featuring Solutions for Property Management Professionals at BOMA 2017 International Conference & Expo
finance.yahoo.com - June 9 at 2:12 AM |
| Veritiv Corp (VRTV) Expected to Post Quarterly Sales of $2.02 Billion
www.americanbankingnews.com - May 31 at 3:14 PM |
| Veritiv Corp (VRTV) Expected to Announce Earnings of $0.56 Per Share
www.americanbankingnews.com - May 29 at 8:46 AM |
 | Why Pandora Media, athenahealth, and Veritiv Corporation Jumped Today
www.fool.com - May 18 at 6:36 PM |
| Veritiv Corp (VRTV) Lifted to "Outperform" at Wells Fargo & Co
www.americanbankingnews.com - May 18 at 8:10 AM |
 | Tracking Seth Klarman's Baupost Group Holdings - Q1 2017 Update
seekingalpha.com - May 14 at 11:58 AM |
| Veritiv Corp (VRTV) SVP Thomas S. Lazzaro Purchases 5,000 Shares
www.americanbankingnews.com - May 12 at 8:01 PM |
Veritiv Corporation (VRTV) Chart for Thursday, September, 21, 2017
