Analysts See $0.56 EPS for Veritiv Corporation (VRTV)

April 17, 2018 - By reb123z

Veritiv Corporation (NYSE:VRTV) LogoInvestors sentiment decreased to 1.02 in 2017 Q4. Its down 0.15, from 1.17 in 2017Q3. It dived, as 18 investors sold Veritiv Corporation shares while 39 reduced holdings. 22 funds opened positions while 36 raised stakes. 14.38 million shares or 4.28% more from 13.79 million shares in 2017Q3 were reported.
Hutchin Hill Cap Limited Partnership holds 0.07% or 8,500 shares in its portfolio. Us Bancorp De stated it has 0% in Veritiv Corporation (NYSE:VRTV). Comerica Bancshares holds 11,454 shares. Baupost Grp Inc Lc Ma reported 3.64 million shares stake. Ameriprise Inc reported 75,864 shares stake. Bain Investors Ltd Liability holds 4.28M shares. Nordea Mgmt has invested 0% in Veritiv Corporation (NYSE:VRTV). Manufacturers Life Ins Company The has invested 0% in Veritiv Corporation (NYSE:VRTV). Arizona State Retirement System holds 18,721 shares or 0.01% of its portfolio. Weber Alan W owns 0.24% invested in Veritiv Corporation (NYSE:VRTV) for 19,000 shares. Tiaa Cref Inv Mngmt Limited Com owns 38,066 shares for 0% of their portfolio. Jpmorgan Chase & holds 147,130 shares. Bnp Paribas Arbitrage has invested 0% in Veritiv Corporation (NYSE:VRTV). Northern Trust Corp has invested 0% in Veritiv Corporation (NYSE:VRTV). Bridgeway Capital reported 76,333 shares or 0.02% of all its holdings.

Analysts expect Veritiv Corporation (NYSE:VRTV) to report $0.56 EPS on May, 2.They anticipate $0.18 EPS change or 47.37 % from last quarter’s $0.38 EPS. VRTV’s profit would be $8.81M giving it 16.61 P/E if the $0.56 EPS is correct. After having $0.77 EPS previously, Veritiv Corporation’s analysts see -27.27 % EPS growth. The stock increased 1.92% or $0.7 during the last trading session, reaching $37.2. About 44,559 shares traded. Veritiv Corporation (NYSE:VRTV) has declined 24.27% since April 18, 2017 and is downtrending. It has underperformed by 35.82% the S&P500.

Veritiv Corporation (NYSE:VRTV) Ratings Coverage

Among 4 analysts covering Veritiv (NYSE:VRTV), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. Veritiv had 9 analyst reports since November 8, 2017 according to SRatingsIntel. The rating was maintained by Wells Fargo with “Hold” on Monday, April 2. As per Tuesday, November 21, the company rating was upgraded by Bank of America. The stock of Veritiv Corporation (NYSE:VRTV) has “Underweight” rating given on Friday, November 10 by Barclays Capital. Bank of America maintained Veritiv Corporation (NYSE:VRTV) rating on Wednesday, November 8. Bank of America has “Neutral” rating and $29 target. The firm earned “Hold” rating on Monday, April 2 by Bank of America. On Wednesday, January 31 the stock rating was downgraded by SunTrust to “Hold”. The firm earned “Hold” rating on Monday, March 5 by SunTrust. The stock has “Market Perform” rating by Wells Fargo on Wednesday, November 8. The rating was maintained by Bank of America with “Buy” on Monday, March 5.

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 $585.29 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.

Veritiv Corporation (NYSE:VRTV) Institutional Positions Chart

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