NYSE:VRTV

Veritiv - VRTV Stock Forecast, Price & News

$103.17

+5.40 (+5.52%)

(As of 10/3/2022 12:00 AM ET)

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Today's Range: $99.65
▼
$105.00
50-Day Range: $96.09
▼
$142.08
52-Week Range: $85.57
▼
$161.10

Volume: 99,030 shs
Average Volume: 113,822 shs
Market Capitalization: $1.44 billion

P/E Ratio: 5.91
Dividend Yield: N/A
Price Target: N/A

Veritiv MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
10.03% of Float Sold Short
Dividend Strength: N/A
Sustainability: -3.02
Upright™ Environmental Score
News Sentiment: 0.78
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -18.82%
From $21.25 to $17.25 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.70 out of 5 stars

Basic Materials Sector

145th out of 166 stocks

Paper & Paper Products Industry

1st out of 1 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Veritiv.

1.0

Short Interest

Percentage of Shares Shorted
10.03% of the float of Veritiv has been sold short.
Short Interest Ratio / Days to Cover
Veritiv has a short interest ratio ("days to cover") of 9.9.
Change versus previous month
Short interest in Veritiv has recently increased by 6.56%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Veritiv does not currently pay a dividend.
Dividend Growth
Veritiv does not have a long track record of dividend growth.

1.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Veritiv has received a -21.19% net impact score from Upright. The largest negative impact of Veritiv in category "GHG emissions" seems to be driven mostly by its "Truck freight transport services", "Wholesale of consumer electronics packaging materials", "Wholesale of food packaging materials", "Wholesale of drink packaging materials", "Wholesale of pharmaceuticals packaging materials", and "Wholesale of paperboard" products. See details.
Environmental Sustainability
The Environmental Impact score for Veritiv is -3.02.

2.7

News and Social Media Coverage

News Sentiment
Veritiv has a news sentiment score of 0.78. 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 0.32 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Veritiv this week, compared to 3 articles on an average week.
Search Interest
Only 1 people have searched for VRTV on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Veritiv to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Veritiv insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.90% of the stock of Veritiv is held by insiders.
Percentage Held by Institutions
96.34% of the stock of Veritiv is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Veritiv are expected to decrease by -18.82% in the coming year, from $21.25 to $17.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Veritiv is 5.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.44.
Price to Earnings Ratio vs. Sector
The P/E ratio of Veritiv is 5.91, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 80.55.
Price to Earnings Growth Ratio
Veritiv has a PEG Ratio of 0.27. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Veritiv has a P/B Ratio of 2.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Veritiv (NYSE:VRTV) Stock

Veritiv Corporation operates as a business-to-business provider of value-added packaging products and services, as well as facility solutions, print, and publishing products and services in the United States and internationally. The company operates through four segments: Packaging, Facility Solutions, Print, and Publishing and Print Management (Publishing). The Packaging segment provides packaging product materials within flexible, corrugated and fiber, ancillary packaging, rigid, and equipment categories. The Facility Solutions segment sources and sells cleaning, break-room, and other supplies in various product categories that include towels and tissues, food service, personal protective equipment, cleaning chemicals, and skincare, as well as re-merchandising, budgeting and compliance reporting, and inventory management services. The Print segment sells and distributes commercial printing, writing, copying, digital, specialty products, and graphics consumables. The Publishing segment sells and distributes coated and uncoated commercial printing papers to publishers, retailers, converters, printers, and specialty businesses for use in magazines, catalogs, books, directories, gaming, couponing, retail inserts, and direct mail. This segment also provides print management, procurement, and supply chain management solutions. The company also provides transportation and warehousing solutions. It serves manufacturing, food and beverage, wholesale and retail, healthcare, transportation, property management, higher education, entertainment and hospitality, commercial printing, and publishing sectors. As of December 31, 2021, the company operated 115 distribution centers. Veritiv Corporation was incorporated in 2013 and is headquartered in Atlanta, Georgia.

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VRTV Stock News Headlines

October 3, 2022 | businesswire.com

Imperial Dade Canada Acquires Boudreault Packaging, First Canadian Acquisition After Veritiv Canada and 55th Acquisition for Imperial Dade - Business Wire

October 2, 2022 | finance.yahoo.com

Veritiv Corporation (NYSE:VRTV) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap? - Yahoo Finance

October 2, 2022 | finance.yahoo.com

Veritiv Corporation (NYSE:VRTV) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

September 27, 2022 | nasdaq.com

Should Value Investors Buy Suzano (SUZ) Stock? - Nasdaq

September 27, 2022 | finance.yahoo.com

Veritiv Corporation (VRTV)

September 24, 2022 | reuters.com

VRTV.N - Veritiv Corp | Stock Price & Latest News | Reuters

September 16, 2022 | investors.com

Veritiv Hits 80-Plus Relative Strength Rating Benchmark | Investor's Business Daily - Investor's Business Daily

September 14, 2022 | nasdaq.com

3 Top Efficient Stocks to Strengthen Your Portfolio Returns - Nasdaq

September 13, 2022 | nasdaq.com

Is Clearwater Paper (CLW) Outperforming Other Basic Materials Stocks This Year? - Nasdaq

September 13, 2022 | investors.com

Stocks Flashing Renewed Technical Strength: Veritiv | Investor's Business Daily - Investor's Business Daily

September 8, 2022 | nasdaq.com

Best Growth Stocks to Buy for September 8th - Nasdaq

September 7, 2022 | nasdaq.com

Zacks.com featured highlights include Marubeni, AMN Healthcare Services, Veritiv and Universal Logistics Holdings - Nasdaq

September 6, 2022 | finance.yahoo.com

Scoop Up Big Gains With 4 Stocks Witnessing Rise in Cash Flow - Yahoo Finance

September 6, 2022 | nasdaq.com

Zacks.com featured highlights include Industrias Bachoco S.A.B. de C.V., AMN Healthcare, Veritiv and CONSOL Energy - Nasdaq

September 5, 2022 | nasdaq.com

Insiders who purchased this year lose US$36k as Veritiv Corporation (NYSE:VRTV) stock drops to US$115 - Nasdaq

September 2, 2022 | nasdaq.com

Solid Net Profit Margin Makes These 4 Stocks Worth Buying Now - Nasdaq

September 1, 2022 | nasdaq.com

Best Growth Stocks to Buy for September 1st - Nasdaq

September 1, 2022 | finance.yahoo.com

Veritiv Corporation's (NYSE:VRTV) recent US$192m market cap decline means a loss of US$10k for insiders who bought this year - Yahoo Finance

August 31, 2022 | finance.yahoo.com

Veritiv Corporation's (NYSE:VRTV) recent US$192m market cap decline means a loss of US$10k for insiders who bought this year

August 30, 2022 | nasdaq.com

Best Growth Stocks to Buy for August 30th - Nasdaq

August 30, 2022 | finance.yahoo.com

Is Veritiv (VRTV) a Great Value Stock Right Now?

August 30, 2022 | finance.yahoo.com

Best Growth Stocks to Buy for August 30th

August 25, 2022 | bizjournals.com

Atlanta Business Chronicle's 2022 Most Admired CEOs talk challenges, opportunities - Atlanta Business Chronicle - The Business Journals

August 23, 2022 | nasdaq.com

Zacks.com featured highlights include AMN Healthcare, Encore Wire, Veritiv and SP Plus - Nasdaq

August 22, 2022 | nasdaq.com

Is Mercer International (MERC) a Great Value Stock Right Now? - Nasdaq

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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VRTV Company Calendar

Last Earnings: 8/09/2022
Today: 10/03/2022
Next Earnings (Estimated): 11/02/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Paper & paper products
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSE:VRTV
CUSIP: N/A
CIK: 1599489
Web: www.veritivcorp.com
Phone: (770) 391-8200
Fax: N/A
Employees: 6,100
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $17.45
Trailing P/E Ratio: 5.91
Forward P/E Ratio: 4.86
P/E Growth: 0.27
Net Income: $144.60 million
Net Margins: 3.64%
Pretax Margin: 4.61%
Return on Equity: 41.53%
Return on Assets: 11.18%

Debt

Debt-to-Equity Ratio: 0.58
Current Ratio: 2.01
Quick Ratio: 1.46

Sales & Book Value

Annual Sales: $6.85 billion
Price / Sales: 0.21
Cash Flow: $14.23 per share
Price / Cash Flow: 7.25
Book Value: $42.61 per share
Price / Book: 2.42

Miscellaneous

Outstanding Shares: 13,965,000
Free Float: 13,420,000
Market Cap: $1.44 billion
Optionable: Optionable
Beta: 2.10

Key Executives

Mr. Salvatore A. Abbate (Age 53)
CEO & Director
Comp: $2.73M

Mr. Stephen J. Smith (Age 58)
Sr. VP & CFO
Comp: $1.61M

Ms. Karen K. Renner (Age 60)
Sr. VP & Chief Information Officer
Comp: $1.11M

Mr. Daniel J. Watkoske (Age 53)
Sr. VP of Print Solutions
Comp: $1.41M

Mr. Michael D. Walkenhorst (Age 43)
Sr. VP of Developing Bus.es & Global Operations

Mr. Andrew E. Magley (Age 51)
Chief Accounting Officer

Scott Palfreeman CPA
VP of Fin. & Investor Relations

Ms. Susan B. Salyer (Age 51)
Sr. VP, Gen. Counsel & Corp. Sec.

Mr. Peter C. Troup
VP of Corp. Devel.

Mr. Daniel B. Calderwood (Age 41)
Sr. VP of Marketing & Bus. Management

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

VRTV Stock - Frequently Asked Questions

How have VRTV shares performed in 2022?: Veritiv's stock was trading at $122.57 at the start of the year. Since then, VRTV stock has decreased by 16.6% and is now trading at $102.27.
View the best growth stocks for 2022 here.
When is Veritiv's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our VRTV earnings forecast.
How were Veritiv's earnings last quarter?: Veritiv Co. (NYSE:VRTV) issued its quarterly earnings results on Tuesday, August, 9th. The basic materials company reported $6.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.50 by $1.62. The basic materials company had revenue of $1.82 billion for the quarter. Veritiv had a trailing twelve-month return on equity of 41.53% and a net margin of 3.64%.
What guidance has Veritiv issued on next quarter's earnings?: Veritiv updated its FY 2022 earnings guidance on Tuesday, September, 13th. The company provided earnings per share (EPS) guidance of $19.50-$21.50 for the period, compared to the consensus estimate of $18.40. The company issued revenue guidance of -.
What is Salvatore A. Abbate's approval rating as Veritiv's CEO?: 7 employees have rated Veritiv Chief Executive Officer Salvatore A. Abbate on Glassdoor.com. Salvatore A. Abbate has an approval rating of 100% among the company's employees. This puts Salvatore A. Abbate in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Veritiv own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Veritiv investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), AutoZone (AZO), Designer Brands (DBI), NanoString Technologies (NSTG), Precision Drilling (PD) and Accenture (ACN).
What is Veritiv's stock symbol?: Veritiv trades on the New York Stock Exchange (NYSE) under the ticker symbol "VRTV."
How do I buy shares of Veritiv?: Shares of VRTV 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.
Compare Top Brokerages Here.
What is Veritiv's stock price today?: One share of VRTV stock can currently be purchased for approximately $102.27.
How much money does Veritiv make?: Veritiv (NYSE:VRTV) has a market capitalization of $1.43 billion and generates $6.85 billion in revenue each year. The basic materials company earns $144.60 million in net income (profit) each year or $17.45 on an earnings per share basis.
How many employees does Veritiv have?: The company employs 6,100 workers across the globe.
How can I contact Veritiv?: Veritiv's mailing address is 1000 Abernathy Road Ne Building 400 Suite 1700, ATLANTA GA, 30328. The official website for the company is www.veritivcorp.com. The basic materials company can be reached via phone at (770) 391-8200 or via email at investor@veritivcorp.com.

This page (NYSE:VRTV) was last updated on 10/3/2022 by MarketBeat.com Staff

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Veritiv - VRTV Stock Forecast, Price & News

Veritiv MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows