Veritiv Cor

Company Profile

Veritiv Cor had its IPO on 2014-07-01 under the ticker symbol VRTV.

The company operates in the Industrials sector and Conglomerates industry. Veritiv Cor has a staff strength of 5,000 employees.

Stock update

Shares of Veritiv Cor opened at $168.2 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $167.9 - $168.68, and closed at $168.68.

This is a +0.11% increase from the previous day's closing price.

A total volume of 119,039 shares were traded at the close of the day’s session.

In the last one week, shares of Veritiv Cor have increased by +0.35%.

Veritiv Cor's Key Ratios

Veritiv Cor has a market cap of $2.28 billion, indicating a price to book ratio of 2.5802 and a price to sales ratio of 0.2395.

In the last 12-months Veritiv Cor’s revenue was $6.43 billion with a gross profit of $1.62 billion and an EBITDA of $438.60 million. The EBITDA ratio measures Veritiv Cor's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Veritiv Cor’s operating margin was 6.34% while its return on assets stood at 11.98% with a return of equity of 39.27%.

In Q2, Veritiv Cor’s quarterly earnings growth was a negative -15.8% while revenue growth was a negative 20%.

Veritiv Cor’s PE and PEG Ratio

Forward PE

0

Trailing PE

7.5867

PEG

0.97

Its diluted EPS in the last 12-months stands at $22.21 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0.97. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Veritiv Cor’s profitability.

Veritiv Cor stock is trading at a EV to sales ratio of 0.2909 and a EV to EBITDA ratio of 4.5077. Its price to sales ratio in the trailing 12-months stood at 0.2395.

Veritiv Cor stock pays annual dividends of $2.52 per share, indicating a yield of 1.5% and a payout ratio of 11.35%.

Balance sheet and cash flow metrics

Total Assets

$2.02 billion

Total Liabilities

$626.30 million

Operating Cash Flow

$-2900000.00

Capital Expenditure

$3.10 million

Dividend Payout Ratio

11.35%

Veritiv Cor ended 2023 with $2.02 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.02 billion while shareholder equity stood at $883.30 million.

Veritiv Cor ended 2023 with $0 in deferred long-term liabilities, $626.30 million in other current liabilities, 200000.00 in common stock, $595.00 million in retained earnings and $96.30 million in goodwill. Its cash balance stood at $43.90 million and cash and short-term investments were $43.90 million. The company’s total short-term debt was $14,200,000 while long-term debt stood at $171.60 million.

Veritiv Cor’s total current assets stands at $1.38 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $750.50 million compared to accounts payable of $418.10 million and inventory worth $487.00 million.

In 2023, Veritiv Cor's operating cash flow was $-2900000.00 while its capital expenditure stood at $3.10 million.

Comparatively, Veritiv Cor paid $0.11 in dividends in 2023.

Other key metrics

Current Trading Price

$168.68

52-Week High

$169.2149

52-Week Low

$92.6712

Analyst Target Price

$158

Veritiv Cor stock is currently trading at $168.68 per share. It touched a 52-week high of $169.2149 and a 52-week low of $169.2149. Analysts tracking the stock have a 12-month average target price of $158.

Its 50-day moving average was $151.27 and 200-day moving average was $129.96 The short ratio stood at 3.54 indicating a short percent outstanding of 0%.

Around 409.5% of the company’s stock are held by insiders while 10074.1% are held by institutions.