Pactiv Evergreen Reports Fourth Quarter 2023 Financial Results
| PTVEDelisted Stock | USD 18.01 0.00 0.00% |
About 56% of Pactiv Evergreen's investor base is looking to short. The analysis of current outlook of investing in Pactiv Evergreen suggests that many traders are alarmed regarding Pactiv Evergreen's prospects. The current market sentiment, together with Pactiv Evergreen's historical and current headlines, can help investors time the market. In addition, many technical investors use Pactiv Evergreen stock news signals to limit their universe of possible portfolio assets.
Pactiv |
Delivered solid financial performance and exceeded guidanceFourth Quarter 2023 Financial Highlights Total Net Revenues of 1,274 million for the fourth quarter of 2023 were down 14 percent compared to 1,476 million in the fourth quarter of 2022 and down 8 percent compared to 1,379 million in the third quarter of 2023.Net Income from continuing operations of 22 million for the fourth quarter of 2023 compared to 27 million in the fourth quarter of 2022 and 28 million in the third quarter of 2023.Adjusted
Read at finance.yahoo.com
 |
Pactiv Evergreen Fundamental Analysis
We analyze Pactiv Evergreen's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pactiv Evergreen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pactiv Evergreen based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Outstanding
Shares Outstanding Comparative Analysis
Pactiv Evergreen is currently under evaluation in shares outstanding category among its peers. Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Pactiv Evergreen Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pactiv Evergreen stock to make a market-neutral strategy. Peer analysis of Pactiv Evergreen could also be used in its relative valuation, which is a method of valuing Pactiv Evergreen by comparing valuation metrics with similar companies.
Peers
Pactiv Evergreen Related Equities
| PMVP | Pmv Pharmaceuticals | 3.57 | ||||
| BNL | Broadstone Net | 2.28 | ||||
| STEP | Stepstone | 1.36 | ||||
| REYN | Reynolds Consumer | 0.61 |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Other Consideration for investing in Pactiv Stock
If you are still planning to invest in Pactiv Evergreen check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Pactiv Evergreen's history and understand the potential risks before investing.
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |