pactiv evergreen inc. - PTVE

PTVE

Close Chg Chg %
13.00 0.20 1.54%

Closed Market

13.20

+0.20 (1.54%)

Volume: 429.11K

Last Updated:

Nov 22, 2024, 4:00 PM EDT

Company Overview: pactiv evergreen inc. - PTVE

PTVE Key Data

Open

$12.95

Day Range

12.78 - 13.24

52 Week Range

8.83 - 15.83

Market Cap

$2.33B

Shares Outstanding

179.29M

Public Float

39.63M

Beta

1.29

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$0.93

Yield

307.69%

Dividend

$0.10

EX-DIVIDEND DATE

Dec 2, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

279.12K

 

PTVE Performance

1 Week
 
7.40%
 
1 Month
 
14.38%
 
3 Months
 
14.58%
 
1 Year
 
14.78%
 
5 Years
 
N/A
 

PTVE Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 6
Full Ratings ➔

About pactiv evergreen inc. - PTVE

Pactiv Evergreen Inc. engages in the manufacture, distribution, and merchandising of fresh food and beverages services. It operates through the following segments: Foodservice, Food Merchandising, and Beverages Merchandising. The Foodservice segment manufactures ready to eat products. The Food Merchandising segment includes protecting and attractively displaying food while preserving freshness. The Beverage Merchandising segment includes production of cartons for refrigerated beverage products. The company was founded on May 30, 2006 and is headquartered in Lake Forest, IL.

PTVE At a Glance

Pactiv Evergreen, Inc.
1900 West Field Court
Lake Forest, Illinois 60045
Phone 1-847-482-2000 Revenue 5.51B
Industry Containers/Packaging Net Income -223,000,000.00
Sector Process Industries Employees 15,000
Fiscal Year-end 12 / 2024
View SEC Filings

PTVE Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 0.445
Price to Book Ratio 1.82
Price to Cash Flow Ratio 4.588
Enterprise Value to EBITDA 7.734
Enterprise Value to Sales 1.119
Total Debt to Enterprise Value 0.628

PTVE Efficiency

Revenue/Employee 367,333.333
Income Per Employee -14,866.667
Receivables Turnover 11.952
Total Asset Turnover 0.804

PTVE Liquidity

Current Ratio 1.996
Quick Ratio 0.926
Cash Ratio 0.206

PTVE Profitability

Gross Margin 11.633
Operating Margin 3.575
Pretax Margin -4.083
Net Margin -4.047
Return on Assets -3.284
Return on Equity -15.555
Return on Total Capital -4.311
Return on Invested Capital -4.093

PTVE Capital Structure

Total Debt to Total Equity 288.03
Total Debt to Total Capital 74.229
Total Debt to Total Assets 60.579
Long-Term Debt to Equity 281.636
Long-Term Debt to Total Capital 72.581
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Pactiv Evergreen Inc. - PTVE

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
4.69B 5.44B 6.22B 5.51B
Sales Growth
-51.74% +15.95% +14.40% -11.41%
Cost of Goods Sold (COGS) incl D&A
4.05B 4.94B 5.31B 4.87B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
289.00M 344.00M 421.00M 600.00M
Depreciation
235.00M 289.00M 360.00M 540.00M
Amortization of Intangibles
54.00M 55.00M 61.00M 60.00M
COGS Growth
-48.84% +22.18% +7.41% -8.27%
Gross Income
644.00M 495.00M 912.00M 641.00M
Gross Income Growth
-64.42% -23.14% +84.24% -29.71%
Gross Profit Margin
+13.73% +9.10% +14.66% +11.63%
2020 2021 2022 2023 5-year trend
SG&A Expense
394.00M 387.00M 498.00M 444.00M
Research & Development
- - - 20.00M
-
Other SG&A
374.00M 387.00M 498.00M 444.00M
SGA Growth
-52.93% -1.78% +28.68% -10.84%
Other Operating Expense
- - - -
-
Unusual Expense
19.00M 9.00M 46.00M 171.00M
EBIT after Unusual Expense
231.00M 99.00M 368.00M 26.00M
Non Operating Income/Expense
(14.00M) 124.00M 324.00M 15.00M
Non-Operating Interest Income
15.00M 2.00M 7.00M 12.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
339.00M 194.00M 224.00M 266.00M
Interest Expense Growth
-48.09% -42.77% +15.46% +18.75%
Gross Interest Expense
339.00M 194.00M 224.00M 266.00M
Interest Capitalized
- - - -
-
Pretax Income
(122.00M) 29.00M 468.00M (225.00M)
Pretax Income Growth
-138.49% +123.77% +1,513.79% -148.08%
Pretax Margin
-2.60% +0.53% +7.52% -4.08%
Income Tax
(112.00M) (4.00M) 149.00M (3.00M)
Income Tax - Current - Domestic
(119.00M) 2.00M 44.00M 65.00M
Income Tax - Current - Foreign
- 21.00M 24.00M 25.00M
Income Tax - Deferred - Domestic
7.00M (23.00M) 85.00M (88.00M)
Income Tax - Deferred - Foreign
- (4.00M) (4.00M) (5.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(10.00M) 33.00M 319.00M (222.00M)
Minority Interest Expense
2.00M 2.00M 2.00M 3.00M
Net Income
(12.00M) 31.00M 317.00M (225.00M)
Net Income Growth
-106.52% +358.33% +922.58% -170.98%
Net Margin Growth
-0.26% +0.57% +5.10% -4.08%
Extraordinaries & Discontinued Operations
(29.00M) (8.00M) 1.00M 2.00M
Discontinued Operations
(29.00M) (8.00M) 1.00M 2.00M
Net Income After Extraordinaries
(41.00M) 23.00M 318.00M (223.00M)
Preferred Dividends
- - 2.00M 3.00M
-
Net Income Available to Common
(41.00M) 23.00M 316.00M (226.00M)
EPS (Basic)
-0.2804 0.1296 1.7773 -1.2647
EPS (Basic) Growth
-105.99% +146.22% +1,271.37% -171.16%
Basic Shares Outstanding
146.20M 177.40M 177.80M 178.70M
EPS (Diluted)
-0.2804 0.1294 1.7713 -1.2647
EPS (Diluted) Growth
-105.99% +146.15% +1,268.86% -171.40%
Diluted Shares Outstanding
146.20M 177.70M 178.40M 178.70M
EBITDA
539.00M 452.00M 835.00M 797.00M
EBITDA Growth
-67.74% -16.14% +84.73% -4.55%
EBITDA Margin
+11.49% +8.31% +13.42% +14.46%

Snapshot

Average Recommendation BUY Average Target Price 14.333
Number of Ratings 6 Current Quarters Estimate 0.359
FY Report Date 12 / 2024 Current Year's Estimate 1.015
Last Quarter’s Earnings 0.36 Median PE on CY Estimate N/A
Year Ago Earnings 0.96 Next Fiscal Year Estimate 1.28
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 6 4 6 6
Mean Estimate 0.36 0.22 1.02 1.28
High Estimates 0.48 0.30 1.15 1.65
Low Estimate 0.19 0.16 0.86 1.13
Coefficient of Variance 26.77 28.38 9.84 14.97

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 5 5 5
OVERWEIGHT 0 0 0
HOLD 1 1 2
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Overweight

Insider Actions for Pactiv Evergreen Inc. - PTVE

Date Name Shares Transaction Value
Jun 25, 2024 Chandra J. Mitchell Chief Legal Officer & Sec. 176,913 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $11.63 per share 2,057,498.19
Jun 7, 2024 LeighAnne G. Baker Director 100,158 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Linda K. Massman Director 2,562 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Linda K. Massman Director 13,449 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Felicia D. Thornton Director 49,018 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Felicia D. Thornton Director 59,905 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Rolf Stangl Director 80,718 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Rolf Stangl Director 91,605 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 LeighAnne G. Baker Director 83,827 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 30, 2024 Jonathan H. Baksht Chief Financial Officer 257,142 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 30, 2024 Jonathan H. Baksht Chief Financial Officer 242,149 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $12.55 per share 3,038,969.95
Mar 13, 2024 Michael J. King President and CEO; Director 977,374 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $13.23 per share 12,930,658.02
Mar 11, 2024 Douglas E. Owenby Chief Operations Officer 183,337 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2024 Eric A. Wulf Pres, Food&Bev.Merchandising 161,896 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2024 Timothy A. Levenda President, Foodservice 264,714 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Timothy A. Levenda President, Foodservice 212,358 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $13.26 per share 2,815,867.08
Mar 6, 2024 Michael J. King President and CEO; Director 744,466 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $13.26 per share 9,871,619.16
Mar 6, 2024 Eric A. Wulf Pres, Food&Bev.Merchandising 123,819 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $13.26 per share 1,641,839.94
Mar 6, 2024 Douglas E. Owenby Chief Operations Officer 145,260 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $13.26 per share 1,926,147.60
Mar 6, 2024 Chandra J. Mitchell Chief Legal Officer & Sec. 156,940 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $13.26 per share 2,081,024.40

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