NYSE:VRTV - Veritiv Stock Price, Forecast & News

Veritiv trades on the New York Stock Exchange (NYSE) under the ticker symbol "VRTV."

Veritiv Corp (NYSE:VRTV) released its earnings results on Tuesday, November, 5th. The basic materials company reported $0.31 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.57 by $0.26. The basic materials company earned $1.92 billion during the quarter, compared to analyst estimates of $2.04 billion. Veritiv had a negative net margin of 0.29% and a negative return on equity of 2.27%. The business's revenue for the quarter was down 12.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.09 earnings per share. View Veritiv's Earnings History.

Veritiv is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Veritiv.

2 Wall Street analysts have issued 1-year price objectives for Veritiv's shares. Their forecasts range from $26.00 to $30.00. On average, they anticipate Veritiv's share price to reach $28.00 in the next year. This suggests a possible upside of 78.7% from the stock's current price. View Analyst Price Targets for Veritiv.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veritiv in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Veritiv.

News articles about VRTV stock have been trending very positive recently, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Veritiv earned a news sentiment score of 3.9 on InfoTrie's scale. They also assigned news headlines about the basic materials company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Veritiv.

Some companies that are related to Veritiv include Canfor Pulp Products (CFX), Resolute Forest Products (RFP), Spicers (SRS), James Cropper (CRPR), Supremex (SXP), Sugarmade (SGMD), Canfor Pulp Products (CFPUF), Cascades (CADNF) and Mercer International (AEZ).

Based on aggregate information from My MarketBeat watchlists, some companies that other Veritiv investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Aegean Marine Petroleum Network (ANW), Chipotle Mexican Grill (CMG), Designer Brands (DBI), AutoZone (AZO), BJ's Restaurants (BJRI), NanoString Technologies (NSTG) and Precision Drilling (PD).

Shares of VRTV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of VRTV stock can currently be purchased for approximately $15.67.

Veritiv has a market capitalization of $252.29 million and generates $8.70 billion in revenue each year. The basic materials company earns $-15,700,000.00 in net income (profit) each year or $2.37 on an earnings per share basis. Veritiv employs 8,700 workers across the globe.View Additional Information About Veritiv.

The official website for Veritiv is http://www.veritivcorp.com/.

Veritiv's mailing address is 1000 Abernathy Road Ne Building 400 Suite 1700, ATLANTA GA, 30328. The basic materials company can be reached via phone at 770-391-8200 or via email at [email protected]