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NASDAQ: PTVE
PACTIV EVERGREEN INC Stock Forecast, Predictions & Price Target

Analyst price target for PTVE

Based on 7 analysts offering 12 month price targets for PACTIV EVERGREEN INC.
Min Forecast
$12.00+20.12%
Avg Forecast
$14.86+48.72%
Max Forecast
$19.00+90.19%

Should I buy or sell PTVE stock?

Based on 7 analysts offering ratings for PACTIV EVERGREEN INC.
Buy
Strong Buy
3 analysts 42.86%
Buy
2 analysts 28.57%
Hold
2 analysts 28.57%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

PTVE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
RBC Capital
Top 20%
81
BuyUpgrades$13.00+30.13%2022-05-06
Bank of America
Top 25%
76
HoldDowngrades$13.00+30.13%2022-04-14
Deutsche Bank
Bottom 26%
26
Strong BuyMaintains$12.00+20.12%2022-02-25
Mizuho
Top 4%
97
Strong BuyInitiates Coverage On$16.00+60.16%2021-10-13
BMO Capital
Top 22%
79
BuyUpgrades$16.00+60.16%2021-09-30
Goldman Sachs
Top 11%
90
HoldInitiates Coverage On$15.00+50.15%2021-09-01
Citigroup
Top 5%
96
Strong BuyMaintains$19.00+90.19%2021-08-09

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Forecast return on equity

Is PTVE forecast to generate an efficient return?
Company
21.24%
Industry
56.59%
Market
38.98%
PTVE's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PTVE forecast to generate an efficient return on assets?
Company
3.6%
Industry
8.44%
PTVE is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PTVE earnings per share forecast

What is PTVE's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$0.77+71.11%
Avg 2 year Forecast
$0.98+117.78%
Avg 3 year Forecast
$1.45+222.22%
PTVE's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

PTVE revenue forecast

What is PTVE's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$6.1B+5.86%
Avg 2 year Forecast
$6.2B+7.4%
Avg 3 year Forecast
$6.3B+9.45%
PTVE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PTVE earnings growth forecast

How is PTVE forecast to perform vs Packaging & Containers companies and vs the US market?
Company
53.06%
Industry
15.15%
Market
16.32%
PTVE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
PTVE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
PTVE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

PTVE revenue growth forecast

How is PTVE forecast to perform vs Packaging & Containers companies and vs the US market?
Company
3.72%
Industry
5.84%
Market
8.09%
PTVE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PTVE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PTVE vs Packaging & Container Stocks

TickerPricePrice TargetUp/downsideConsensus
PTVE$9.99$14.86+48.72%Buy
OI$14.18$16.00+12.83%Hold
PACK$11.71$26.00+122.03%Buy
MYE$23.03$27.00+17.24%Strong Buy
GEF$60.32$67.25+11.49%Hold

PACTIV EVERGREEN Stock Forecast FAQ

Is PACTIV EVERGREEN Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: PTVE) stock is to Buy PTVE stock.

Out of 7 analysts, 3 (42.86%) are recommending PTVE as a Strong Buy, 2 (28.57%) are recommending PTVE as a Buy, 2 (28.57%) are recommending PTVE as a Hold, 0 (0%) are recommending PTVE as a Sell, and 0 (0%) are recommending PTVE as a Strong Sell.

What is PTVE's earnings growth forecast for 2022-2024?

(NASDAQ: PTVE) PACTIV EVERGREEN's forecast annual earnings growth rate of 53.06% is forecast to beat the US Packaging & Containers industry's average forecast earnings growth rate of 15.15%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 16.32%.

PACTIV EVERGREEN's earnings in 2022 is $81,000,000.On average, 2 Wall Street analysts forecast PTVE's earnings for 2022 to be $136,804,670, with the lowest PTVE earnings forecast at $115,484,461, and the highest PTVE earnings forecast at $158,124,878. On average, 2 Wall Street analysts forecast PTVE's earnings for 2023 to be $174,115,034, with the lowest PTVE earnings forecast at $124,367,881, and the highest PTVE earnings forecast at $223,862,187.

In 2024, PTVE is forecast to generate $257,619,183 in earnings, with the lowest earnings forecast at $257,619,183 and the highest earnings forecast at $257,619,183.

What is PTVE's revenue growth forecast for 2022-2024?

(NASDAQ: PTVE) PACTIV EVERGREEN's forecast annual revenue growth rate of 3.72% is not forecast to beat the US Packaging & Containers industry's average forecast revenue growth rate of 5.84%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.09%.

PACTIV EVERGREEN's revenue in 2022 is $5,768,000,000.On average, 1 Wall Street analysts forecast PTVE's revenue for 2022 to be $1,084,802,398,880, with the lowest PTVE revenue forecast at $1,084,802,398,880, and the highest PTVE revenue forecast at $1,084,802,398,880. On average, 1 Wall Street analysts forecast PTVE's revenue for 2023 to be $1,100,653,973,706, with the lowest PTVE revenue forecast at $1,100,653,973,706, and the highest PTVE revenue forecast at $1,100,653,973,706.

In 2024, PTVE is forecast to generate $1,121,659,708,874 in revenue, with the lowest revenue forecast at $1,121,659,708,874 and the highest revenue forecast at $1,121,659,708,874.

What is PTVE's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: PTVE) forecast ROA is 3.6%, which is lower than the forecast US Packaging & Containers industry average of 8.44%.

What is PTVE's Price Target?

According to 7 Wall Street analysts that have issued a 1 year PTVE price target, the average PTVE price target is $14.86, with the highest PTVE stock price forecast at $19.00 and the lowest PTVE stock price forecast at $12.00.

On average, Wall Street analysts predict that PACTIV EVERGREEN's share price could reach $14.86 by May 6, 2023. The average PACTIV EVERGREEN stock price prediction forecasts a potential upside of 48.72% from the current PTVE share price of $9.99.

What is PTVE's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: PTVE) PACTIV EVERGREEN's current Earnings Per Share (EPS) is $0.45. On average, analysts forecast that PTVE's EPS will be $0.77 for 2022, with the lowest EPS forecast at $0.65, and the highest EPS forecast at $0.89. On average, analysts forecast that PTVE's EPS will be $0.98 for 2023, with the lowest EPS forecast at $0.70, and the highest EPS forecast at $1.26. In 2024, PTVE's EPS is forecast to hit $1.45 (min: $1.45, max: $1.45).

What is PTVE's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: PTVE) forecast ROE is 21.24%, which is considered strong.
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