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: $625.28 million
- Outstanding Shares: 15,690,000
Average Prices:- 50 Day Moving Avg: $43.14
- 200 Day Moving Avg: $49.31
- 52 Week Range: $39.20 - $62.60
P/E:- Trailing P/E Ratio: 40.66
- Foreward P/E Ratio: 11.99
- P/E Growth: 0.28
Sales & Book Value:- Annual Revenue: $8.3 billion
- Price / Sales: 0.07
- Book Value: $34.78 per share
- Price / Book: 1.13
Profitability:- EBIDTA: $149.7 million
- Net Margins: 0.19%
- Return on Equity: 4.32%
- Return on Assets: 0.96%
Debt:- Debt-to-Equity Ratio: 1.51%
- Current Ratio: 2.44%
- Quick Ratio: 1.53%
Misc:- Average Volume: 132,890 shs.
- Beta: 1.2
- 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) issued its earnings results on Wednesday, May, 3rd. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.21 by $0.17. The business earned $1.99 billion during the quarter, compared to the consensus estimate of $1.97 billion. Veritiv Corporation had a return on equity of 4.32% and a net margin of 0.19%. Veritiv Corporation's revenue for the quarter was down 1.2% on a year-over-year basis. 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?
3 analysts have issued 12-month target prices for Veritiv Corporation's stock. Their predictions range from $52.00 to $52.00. On average, they expect Veritiv Corporation's stock price to reach $52.00 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 Sirius Minerals PLC (SXX), Cosan Limited (CZZ), Dominion Diamond Corporation (DDC), Silver Standard Resources (SSRI), Valhi (VHI), Kraton Corporation (KRA), MAG Silver Corp (MAG), Sibanye Gold Limited (SBGL), OM Group (OMG), Ibstock plc (IBST), TriMas Corp (TRS), Mechel PAO (MTL), Sandstorm Gold Ltd (SAND), The Andersons (ANDE), Acacia Mining PLC (ABG), Glatfelter (GLT), Innophos Holdings (IPHS) and African Barrick Gold Ltd (ABGLF).
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 many different of institutional and retail investors. Top institutional investors include Acadian Asset Management LLC (0.61%), Russell Investments Group Ltd. (0.29%), Municipal Employees Retirement System of Michigan (0.11%), Strs Ohio (0.10%), Capital One National Association (0.06%) and First Quadrant L P CA (0.05%). 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?
Who bought Veritiv Corporation stock? Who is buying Veritiv Corporation stock?
Veritiv Corporation's stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Municipal Employees Retirement System of Michigan, Strs Ohio, State of Alaska Department of Revenue, First Quadrant L P CA, Capstone Asset Management Co. and Capital One National Association. 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 $39.20.
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 Hold Rating, 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.67) |
| Consensus Price Target: | $52.00 (32.65% upside) |
Analysts' Ratings History for Veritiv Corporation (NYSE:VRTV)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/18/2017 | Wells Fargo & Company | Upgrade | Market Perform -> Outperform | | High |  |
| 1/11/2017 | Bank of America Corporation | Initiated Coverage | Buy | | N/A | |
| 11/8/2016 | Vertical Research | Downgrade | Buy -> Hold | $52.00 | N/A | |
| 1/8/2016 | Barclays PLC | Downgrade | Overweight -> Underweight | $45.00 -> $32.00 | N/A | |
| 8/18/2015 | William Blair | Reiterated Rating | Outperform | | N/A | |
(Data available from 7/27/2015 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 |
|---|
| 8/2/2017 | | $0.89 | | | | | N/A | |
| 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: $2.04 EPS
Next Year EPS Consensus Estimate: $3.27 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: 89.62%
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 |
|---|
| 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 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 Looks Attractive After A Post-Earnings Fall
seekingalpha.com - May 6 at 3:31 PM |
| Veritiv Corp (VRTV) Cut to "Strong Sell" at Zacks Investment Research
www.americanbankingnews.com - May 6 at 9:08 AM |
| VERITIV (VRTV) ALERT: Shareholder Rights Law Firm J&W Announces Investigation of Veritiv Corporation
finance.yahoo.com - May 6 at 1:24 AM |
| Edited Transcript of VRTV earnings conference call or presentation 3-May-17 2:00pm GMT
finance.yahoo.com - May 6 at 1:24 AM |
| Veritiv Corp. – Value Analysis (NYSE:VRTV) : May 5, 2017
finance.yahoo.com - May 6 at 1:24 AM |
| Veritiv Corp (VRTV) SVP Daniel J. Watkoske Purchases 1,000 Shares
www.americanbankingnews.com - May 5 at 8:58 PM |
| Veritiv Corp (VRTV) Chairman Acquires $254,431.00 in Stock
www.americanbankingnews.com - May 5 at 8:37 PM |
| Zacks: Brokerages Set $55.67 Target Price for Veritiv Corp (VRTV)
www.americanbankingnews.com - May 4 at 4:43 PM |
| Veritiv Corp. breached its 50 day moving average in a Bearish Manner : VRTV-US : May 4, 2017
finance.yahoo.com - May 4 at 9:48 AM |
| Veritiv Corp (VRTV) Receiving Favorable Press Coverage, Study Shows
www.americanbankingnews.com - May 3 at 8:08 PM |
 | Mid-Day Market Update: Twilio Tumbles On Weak Guidance; Pieris Pharma Shares Climb
www.benzinga.com - May 3 at 6:53 PM |
| Veritiv Corp's (VRTV) CEO Mary Laschinger on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 3 at 6:53 PM |
| ETFs with exposure to Veritiv Corp. : May 3, 2017
finance.yahoo.com - May 3 at 6:53 PM |
| Veritiv Corp (VRTV) Releases Quarterly Earnings Results, Misses Estimates By $0.66 EPS
www.americanbankingnews.com - May 3 at 6:04 PM |
| $0.21 EPS Expected for Veritiv Corp (VRTV) This Quarter
www.americanbankingnews.com - May 3 at 4:04 PM |
| Veritiv Announces First Quarter 2017 Financial Results
finance.yahoo.com - May 3 at 9:51 AM |
 | Veritiv reports 1Q loss
marketbeat.com - May 3 at 8:31 AM |
| Veritiv Corp (VRTV) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - May 1 at 4:44 PM |
| Veritiv Corp (VRTV) Receives Daily Media Impact Score of 0.10
www.americanbankingnews.com - April 30 at 9:01 AM |
| Veritiv Corp (VRTV) Earns Daily Media Impact Score of 0.16
www.americanbankingnews.com - April 27 at 11:56 AM |
| Veritiv Corp (VRTV) Earning Somewhat Positive News Coverage, Analysis Finds
www.americanbankingnews.com - April 24 at 10:23 AM |
| Veritiv Corp (VRTV) Receives Coverage Optimism Score of 0.18
www.americanbankingnews.com - April 21 at 7:54 PM |
| Veritiv to Release First Quarter 2017 Financial Results on May 3
finance.yahoo.com - April 19 at 8:18 AM |
| Veritiv Corp (VRTV) Receives Daily News Impact Rating of -0.22
www.americanbankingnews.com - April 18 at 8:31 AM |
| Veritiv Corp (VRTV) Sees Significant Decline in Short Interest
www.americanbankingnews.com - April 18 at 7:08 AM |
| Brokerages Anticipate Veritiv Corp (VRTV) to Post $0.21 Earnings Per Share
www.americanbankingnews.com - April 18 at 12:32 AM |
| ETFs with exposure to Veritiv Corp. : April 17, 2017
finance.yahoo.com - April 17 at 7:22 PM |
| Veritiv Corp (VRTV) Earns Daily Coverage Optimism Score of 0.31
www.americanbankingnews.com - April 15 at 8:02 AM |
| Veritiv Corp (VRTV) Expected to Announce Earnings of $0.21 Per Share
www.americanbankingnews.com - April 12 at 12:58 PM |
Veritiv Corporation (VRTV) Chart for Thursday, July, 27, 2017
