Analysts See $0.78 EPS for Veritiv Corporation (VRTV)

February 15, 2018 - By Adrian Erickson

 Analysts See $0.78 EPS for Veritiv Corporation (VRTV)
Investors sentiment increased to 1.17 in 2017 Q3. Its up 0.07, from 1.1 in 2017Q2. It is positive, as 25 investors sold Veritiv Corporation shares while 35 reduced holdings. 27 funds opened positions while 43 raised stakes. 13.79 million shares or 4.80% less from 14.48 million shares in 2017Q2 were reported.
Texas Permanent School Fund reported 8,132 shares. Manchester Mgmt Ltd Limited Liability Company invested in 0% or 49 shares. New York-based Bnp Paribas Arbitrage Sa has invested 0% in Veritiv Corporation (NYSE:VRTV). Whittier Tru invested 0% in Veritiv Corporation (NYSE:VRTV). Meeder Asset Management reported 358 shares or 0% of all its holdings. Jpmorgan Chase And owns 0% invested in Veritiv Corporation (NYSE:VRTV) for 192,588 shares. State Of Alaska Department Of Revenue holds 0% of its portfolio in Veritiv Corporation (NYSE:VRTV) for 2,230 shares. Weber Alan W invested in 0.29% or 19,000 shares. Hirtle Callaghan & Communications Limited Liability Company holds 115 shares or 0% of its portfolio. Blackrock Incorporated holds 1.43M shares or 0% of its portfolio. Washington Trust Commercial Bank holds 4 shares or 0% of its portfolio. D E Shaw Inc accumulated 77,144 shares. Tradewinds Capital Mngmt Limited Liability, a Washington-based fund reported 3 shares. Nine Chapters Limited Liability accumulated 0.5% or 7,000 shares. Guggenheim Capital Lc holds 51,171 shares.

Analysts expect Veritiv Corporation (NYSE:VRTV) to report $0.78 EPS on March, 13.They anticipate $0.52 EPS change or 200.00 % from last quarter’s $0.26 EPS. VRTV’s profit would be $12.25 million giving it 7.56 P/E if the $0.78 EPS is correct. After having $1.13 EPS previously, Veritiv Corporation’s analysts see -30.97 % EPS growth. The stock increased 1.29% or $0.3 during the last trading session, reaching $23.6. About 15,391 shares traded. Veritiv Corporation (NYSE:VRTV) has risen 28.48% since February 15, 2017 and is uptrending. It has outperformed by 11.78% the S&P500.

Veritiv Corporation (NYSE:VRTV) Ratings Coverage

Among 6 analysts covering Veritiv Corp (NYSE:VRTV), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. Veritiv Corp had 15 analyst reports since November 18, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Bank of America on Wednesday, November 8. The firm has “Buy” rating by Bank of America given on Tuesday, November 21. The firm has “Underweight” rating by Barclays Capital given on Friday, January 8. The firm earned “Buy” rating on Wednesday, January 11 by Bank of America. Barclays Capital maintained the shares of VRTV in report on Friday, November 10 with “Underweight” rating. SunTrust downgraded the stock to “Hold” rating in Wednesday, January 31 report. On Thursday, August 3 the stock rating was downgraded by Bank of America to “Hold”. The stock of Veritiv Corporation (NYSE:VRTV) earned “Outperform” rating by Wells Fargo on Thursday, May 18. Barclays Capital maintained Veritiv Corporation (NYSE:VRTV) rating on Monday, August 7. Barclays Capital has “Underweight” rating and $25 target. As per Tuesday, November 8, the company rating was downgraded by Vertical Research.

Veritiv Corporation operates as a business-to-business distributor of print, publishing, packaging, and facility solutions in the United States, Mexico, and Canada. The company has market cap of $370.53 million. It operates through four divisions: Print, Publishing & Print Management , Packaging, and Facility Solutions. It currently has negative earnings. The Print segment sells and distributes commercial printing, writing, copying, digital, wide format, and specialty paper products; and graphics consumables and equipment.

More notable recent Veritiv Corporation (NYSE:VRTV) news were published by: Bizjournals.com which released: “Veritiv Corp. acquires All American Containers and more News in Brief for the …” on September 29, 2017, also Prnewswire.com with their article: “Veritiv Announces Third Quarter 2017 Financial Results” published on November 07, 2017, Finance.Yahoo.com published: “Is Veritiv Corporation (VRTV) a Great Stock for Value Investors?” on October 16, 2017. More interesting news about Veritiv Corporation (NYSE:VRTV) were released by: Seekingalpha.com and their article: “Veritiv Corp’s (VRTV) CEO Mary Laschinger on Q1 2017 Results – Earnings Call …” published on May 03, 2017 as well as Bizjournals.com‘s news article titled: “Georgia’s largest woman-run company makes first acquisition since going public” with publication date: September 05, 2017.

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