Pactiv Evergreen Inc. (PTVE)
Pactiv Evergreen Inc. operates in the Packaging & Containers industry of the Consumer Cyclical sector, headquartered in Lake Forest, IL, US. The stock last traded at $18.01, up 0.00% on the session, giving a market capitalisation of $3.27B. On trailing twelve-month figures it carries a trailing P/E of -24.34, a net margin of -2.8%. Its beta of 1.23 implies it has historically moved more than the broad market.
Pactiv Evergreen Inc. is a prominent North American manufacturer and supplier specializing in packaging solutions for the food and beverage sectors. Their core offerings include products for fresh foodservice applications, food merchandising, and fresh beverage cartons. The company's operations are divided into three main business units: The Foodservice division provides a variety of items such as food containers, cups for both hot and cold drinks, lids, dinnerware, and other serving accessories. The Food Merchandising segment focuses on supplying transparent, rigid display containers, packaging for prepared and ready-to-eat meals, trays for meat and poultry, and molded fiber cartons. The Beverage Merchandising unit concentrates on cartons specifically designed for fresh, refrigerated beverages. This segment also delivers complete fresh carton systems, which encompass graphically printed cartons, spouts, and the necessary filling equipment, alongside producing fiber-based liquid packaging board and a range of paper-based products. Pactiv Evergreen serves an extensive client base, including full-service and quick-service restaurants, foodservice distributors, various supermarkets, grocery stores, health-focused retailers, other food outlets, as well as food and beverage manufacturers and processors. Originally established in 1880 as Reynolds Group Holdings Limited, the company's main office is located in Lake Forest, Illinois. Pactiv Evergreen Inc. operates as a subsidiary under Packaging Finance Limited.
Pactiv Evergreen Inc. is most often compared with the following Consumer Cyclical names: