Media headlines about Veritiv Corporation (NYSE:VRTV) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Veritiv Corporation earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned media headlines about the basic materials company an impact score of 44.8780518088837 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Veritiv to Present Facility Solutions for Healthcare Environment at 2017 AHE EXCHANGE Annual Conference in Orlando (finance.yahoo.com)
- Veritiv makes first acquisition as public company (finance.yahoo.com)
- Veritiv Acquires All American Containers (mdm.com)
- (VRTV) is up at $28.35 Veritiv Completes Acquisition of All… (highlightpress.com)
- Veritiv Completes Acquisition of All American Containers (finance.yahoo.com)
Several brokerages have issued reports on VRTV. Zacks Investment Research upgraded shares of Veritiv Corporation from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 5th. BidaskClub lowered shares of Veritiv Corporation from a “sell” rating to a “strong sell” rating in a research note on Monday, July 24th. Barclays PLC decreased their price objective on shares of Veritiv Corporation from $35.00 to $25.00 and set an “underweight” rating for the company in a research report on Monday, August 7th. William Blair downgraded shares of Veritiv Corporation from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 3rd. Finally, Wells Fargo & Company raised shares of Veritiv Corporation from a “market perform” rating to an “outperform” rating in a research report on Thursday, May 18th. Three analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. Veritiv Corporation presently has an average rating of “Hold” and a consensus target price of $45.60.
Shares of Veritiv Corporation (NYSE:VRTV) traded up 1.34% during mid-day trading on Tuesday, hitting $30.25. 40,752 shares of the company traded hands. The firm has a 50-day moving average of $30.46 and a 200-day moving average of $43.28. The stock’s market capitalization is $474.92 million. Veritiv Corporation has a one year low of $26.85 and a one year high of $62.60.
Veritiv Corporation (NYSE:VRTV) last posted its quarterly earnings data on Wednesday, August 2nd. The basic materials company reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.32. Veritiv Corporation had a negative net margin of 0.02% and a positive return on equity of 5.43%. The business had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $2.02 billion. The business’s revenue for the quarter was down 1.5% compared to the same quarter last year. On average, equities analysts predict that Veritiv Corporation will post $1.49 earnings per share for the current year.
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Veritiv Corporation Company Profile
Veritiv Corporation is a business-to-business distributor of print, publishing, packaging and facility solutions. The Company also provides logistics and supply chain management solutions to its customers. The Company’s segments are Print, Publishing & Print Management (Publishing), Packaging, Facility Solutions, and Corporate & Other.
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