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NYSE:VRTVVeritiv Stock Price, Forecast & News

$10.41
+0.32 (+3.17 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$9.92
Now: $10.41
$10.68
50-Day Range
$7.19
MA: $8.83
$10.55
52-Week Range
$5.70
Now: $10.41
$22.01
Volume69,200 shs
Average Volume134,243 shs
Market Capitalization$165.18 million
P/E RatioN/A
Dividend YieldN/A
Beta1.81
Veritiv Corporation operates as a business-to-business distributor of packaging, facility solutions, print, and publishing products and services in the United States, Canada, Mexico, and internationally. It operates through four segments: Packaging, Facility Solutions, Print, and Publishing. The Packaging segment offers standard, custom, and comprehensive 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. The Print segment sells and distributes commercial printing, writing, copying, digital, wide format, and specialty paper products; and graphics consumables and equipment. It also provides customized paper conversion services of commercial printing paper for distribution to document centers and form printers. 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 offers logistics and supply chain management solutions. It offers its products under the Endurance, nordic+, Econosource, Comet, Starbrite Opaque Select, TUFflex, Reliable, and Spring Grove brands, as well as other brands to printers, publishers, data centers, manufacturers, higher education institutions, healthcare facilities, sporting and performance arenas, retail stores, government agencies, property managers, and building service contractors. As of February 28, 2019, the company operated 160 distribution centers. Veritiv Corporation was incorporated in 2013 and is headquartered in Atlanta, Georgia.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.40 out of 5 stars


Industry, Sector and Symbol

Industry Paper & paper products
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
Phone770-391-8200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.66 billion
Cash Flow$1.65 per share
Book Value$33.31 per share

Profitability

Net Income$-29,500,000.00

Miscellaneous

Employees8,000
Market Cap$165.18 million
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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Veritiv (NYSE:VRTV) Frequently Asked Questions

How has Veritiv's stock been impacted by COVID-19 (Coronavirus)?

Veritiv's stock was trading at $6.70 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, VRTV stock has increased by 55.4% and is now trading at $10.41. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Veritiv?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veritiv in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Veritiv.

When is Veritiv's next earnings date?

Veritiv is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Veritiv.

How were Veritiv's earnings last quarter?

Veritiv Corp (NYSE:VRTV) posted its quarterly earnings data on Wednesday, May, 6th. The basic materials company reported ($0.02) EPS for the quarter, beating the Zacks' consensus estimate of ($1.22) by $1.20. The basic materials company earned $1.71 billion during the quarter. Veritiv had a positive return on equity of 1.56% and a negative net margin of 0.04%. View Veritiv's earnings history.

What price target have analysts set for VRTV?

1 brokers have issued twelve-month price objectives for Veritiv's shares. Their forecasts range from $16.00 to $16.00. On average, they anticipate Veritiv's stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 53.7% from the stock's current price. View analysts' price targets for Veritiv.

Has Veritiv been receiving favorable news coverage?

News articles about VRTV stock have been trending very positive recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Veritiv earned a daily sentiment score of 4.0 on InfoTrie's scale. They also gave news headlines about the basic materials company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news aboutVeritiv.

Are investors shorting Veritiv?

Veritiv saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 901,300 shares, an increase of 13.0% from the April 30th total of 797,800 shares. Based on an average daily trading volume, of 151,600 shares, the days-to-cover ratio is currently 5.9 days. Approximately 7.3% of the shares of the stock are short sold. View Veritiv's Current Options Chain.

Who are some of Veritiv's key competitors?

What other stocks do shareholders of Veritiv own?

Who are Veritiv's key executives?

Veritiv's management team includes the following people:
  • Ms. Mary A. Laschinger, Chairman & CEO (Age 58)
  • Mr. Stephen J. Smith, CFO & Sr. VP (Age 55)
  • Mr. Thomas S. Lazzaro, Sr. VP of Sales (Age 55)
  • Mr. Daniel J. Watkoske, Sr. VP of Print (Age 50)
  • Mr. Salvatore A. Abbate, Chief Commercial Officer & Sr. VP (Age 50)

What is Veritiv's stock symbol?

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

Who are Veritiv's major shareholders?

Veritiv's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.01%), State Street Corp (2.53%), JPMorgan Chase & Co. (2.48%), Invesco Ltd. (2.17%), Geode Capital Management LLC (1.17%) and Bank of New York Mellon Corp (0.89%). Company insiders that own Veritiv stock include Bain Capital Investors Llc, Daniel J Watkoske, David E Flitman, John G Biscanti and Mary A Laschinger. View institutional ownership trends for Veritiv.

Which major investors are selling Veritiv stock?

VRTV stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, BlackRock Inc., Two Sigma Investments LP, Invesco Ltd., Alambic Investment Management L.P., Grantham Mayo Van Otterloo & Co. LLC, State Street Corp, and Systematic Financial Management LP. View insider buying and selling activity for Veritiv.

Which major investors are buying Veritiv stock?

VRTV stock was bought by a variety of institutional investors in the last quarter, including GSA Capital Partners LLP, Trexquant Investment LP, AQR Capital Management LLC, Parametric Portfolio Associates LLC, Connor Clark & Lunn Investment Management Ltd., Tudor Investment Corp Et Al, Geode Capital Management LLC, and Alliancebernstein L.P.. Company insiders that have bought Veritiv stock in the last two years include Daniel J Watkoske, David E Flitman, and Mary A Laschinger. View insider buying and selling activity for Veritiv.

How do I buy shares of Veritiv?

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.

What is Veritiv's stock price today?

One share of VRTV stock can currently be purchased for approximately $10.41.

How big of a company is Veritiv?

Veritiv has a market capitalization of $165.18 million and generates $7.66 billion in revenue each year. The basic materials company earns $-29,500,000.00 in net income (profit) each year or ($1.84) on an earnings per share basis. Veritiv employs 8,000 workers across the globe.

What is Veritiv's official website?

The official website for Veritiv is www.veritivcorp.com.

How can I contact Veritiv?

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]

This page was last updated on 5/25/2020 by MarketBeat.com Staff

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