Market Summary
USD129.69+3.68
Market Closed2.92%
VRTV Stock Price
VRTV RSI Chart
VRTV Valuation
VRTV Price/Sales (Trailing)
VRTV Profitability
VRTV Fundamentals
VRTV Revenue
VRTV Earnings
Price Action
52 Week Range
94.50161.84
(Low)(High)
Last 7 days
7.2%
Last 30 days
-2.6%
Last 90 days
1.2%
Trailing 12 Months
-6.0%
VRTV Financial Health
VRTV Investor Care
Peers (Alternatives to Veritiv)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
GE | 129.4B | 76.6B | 11.68% | -0.42% | 575.29 | 1.69 | 3.18% | 103.45% |
CAT | 114.5B | 59.4B | -7.69% | -0.59% | 17.07 | 1.93 | 16.59% | 3.25% |
GWW | 34.1B | 15.2B | 1.14% | 33.93% | 22.06 | 2.24 | 16.94% | 48.32% |
FAST | 29.9B | 7.0B | 2.17% | -7.39% | 27.49 | 4.28 | 16.13% | 17.50% |
URI | 27.0B | 11.6B | -17.23% | 2.52% | 12.82 | 2.32 | 19.82% | 51.88% |
| MID-CAP | ||||||||
WCC | 7.0B | 21.4B | -13.52% | 6.68% | 10.16 | 0.35 | 17.58% | 84.90% |
AIT | 5.1B | 4.2B | -1.40% | 36.75% | 16.81 | 1.23 | 18.81% | 35.27% |
MSM | 4.5B | 3.8B | -2.59% | 2.36% | 12.64 | 1.18 | 14.50% | 45.20% |
BECN | 3.7B | 8.4B | -12.53% | -5.65% | 7.97 | 0.43 | 23.60% | 88.64% |
GMS | 2.2B | 5.3B | -7.65% | 10.22% | 6.71 | 0.42 | 24.20% | 44.74% |
| SMALL-CAP | ||||||||
VRTV | 1.6B | 7.1B | -2.59% | -5.98% | 4.86 | 0.23 | 4.32% | 133.68% |
MRC | 756.6M | 3.4B | -14.14% | -20.36% | 10.09 | 0.22 | 26.14% | 635.71% |
LAWS | 729.3M | 1.2B | - | - | 98.47 | 0.63 | 175.64% | -21.26% |
DXPE | 494.2M | 1.4B | -5.90% | -4.26% | 11.8 | 0.36 | 29.83% | 232.03% |
WLFC | 346.7M | 299.6M | 2.60% | 77.46% | -48.41 | 1.16 | 15.29% | -237.19% |
Financials for Veritiv
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | -2.7% | 7,146 | 7,348 | 7,311 | 7,149 | 6,851 |
| S&GA Expenses | 0.1% | 763 | 762 | 757 | 754 | 736 |
| Interest Expenses | 9.9% | 18.00 | 16.00 | 15.00 | 16.00 | 17.00 |
| Net Income | 4.5% | 338 | 323 | 267 | 202 | 145 |
| Net Income Margin | 7.5% | 0.05* | 0.04* | 0.04* | 0.03* | - |
| Free Cahsflow | 16.6% | 231 | 198 | 144 | 112 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | -6.7% | 2,090 | 2,240 | 2,235 | 2,507 | 2,438 |
| Current Assets | -8.0% | 1,458 | 1,584 | 1,552 | 1,805 | 1,678 |
| Cash Equivalents | 20.1% | 41.00 | 34.00 | 32.00 | 34.00 | 49.00 |
| Inventory | - | 485 | - | - | - | - |
| Goodwill | 0% | 96.00 | 96.00 | 96.00 | 96.00 | 100 |
| Liabilities | -14.2% | 1,334 | 1,555 | 1,551 | 1,827 | 1,803 |
| Current Liabilities | -9.1% | 727 | 800 | 772 | 921 | 874 |
| Long Term Debt | -32.1% | 265 | 390 | 398 | 512 | 500 |
| Shareholder's Equity | 10.4% | 756 | 685 | 684 | 680 | 636 |
| Retained Earnings | 15.4% | 473 | 410 | 313 | 222 | 143 |
| Additional Paid-In Capital | 0.3% | 613 | 612 | 610 | 607 | 634 |
| Shares Outstanding | 0% | 14.00 | 14.00 | 14.00 | 15.00 | 15.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 13.7% | 252 | 222 | 167 | 136 | 155 |
| Share Based Compensation | 1.1% | 10.00 | 9.00 | 9.00 | 9.00 | 7.00 |
| Cashflow From Investing | 22.3% | 168 | 137 | 125 | -13.10 | -4.30 |
| Cashflow From Financing | -16.5% | -428 | -367 | -293 | -187 | -221 |
| Dividend Payments | Infinity% | 9.00 | 0.00 | - | - | - |
| Buy Backs | 0% | 200 | 200 | 154 | 86.00 | 100 |
Risks for VRTV
What is the probability of a big loss on VRTV?
100%
Probability that Veritiv stock will be more than 20% underwater in next one year
88.1%
Probability that Veritiv stock will be more than 30% underwater in next one year.
66.5%
Probability that Veritiv stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does VRTV drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Veritiv was unfortunately bought at previous high price.
Drawdowns
Returns for VRTV
Cumulative Returns on VRTV
19.2%
7-Year Cumulative Returns
27.6%
5-Year Cumulative Returns
137.5%
3-Year Cumulative Returns
What are the long-term rolling returns for VRTV?
FIve years rolling returns for Veritiv.
Annualized Returns
Which funds bought or sold VRTV recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-23 | MetLife Investment Management, LLC | reduced | -4.14 | 135,454 | 836,269 | 0.01% |
2023-03-17 | American Portfolios Advisors | reduced | -94.17 | -10,594 | 587 | -% |
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -7.55 | 52,657 | 409,657 | 0.01% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -5.39 | 200,083 | 1,324,080 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -37.81 | -11,000 | 40,000 | -% |
2023-02-28 | Voya Investment Management LLC | reduced | -3.77 | 233,270 | 1,414,270 | -% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 13.3 | 152,000 | 521,000 | -% |
2023-02-21 | MACQUARIE GROUP LTD | sold off | - | -18,000 | - | -% |
2023-02-17 | TRUIST FINANCIAL CORP | added | 175 | 652,466 | 921,466 | -% |
2023-02-16 | DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | sold off | -100 | -190,000 | - | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Veritiv News
Schedule 13G FIlings of Veritiv
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 13, 2023 | baupost group llc/ma | 24.66% | 3,324,324 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 7.32% | 987,278 | SC 13G/A | |
| Jan 24, 2023 | blackrock inc. | 15.9% | 2,144,409 | SC 13G/A | |
| Sep 09, 2022 | baupost group llc/ma | 24.98% | 3,488,201 | SC 13G/A | |
| Feb 08, 2022 | dimensional fund advisors lp | 8.8% | 1,286,474 | SC 13G/A | |
| Jan 27, 2022 | blackrock inc. | 15.5% | 2,262,030 | SC 13G/A | |
| Jan 26, 2022 | blackrock inc. | 15.5% | 2,262,030 | SC 13G/A | |
| Mar 12, 2021 | uww holdings, llc | - | 0 | SC 13D/A | |
| Feb 16, 2021 | dimensional fund advisors lp | 8.3% | 1,324,488 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 5.14% | 817,518 | SC 13G/A |
VRTV Fair Value
Veritiv fair value in different scenarios
The table shows the Fair Value estimates for Veritiv for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 54.57 -57.92% | 72.13 -44.38% | 89.83 -30.73% | 112.02 -13.62% | 155.52 19.92% |
| Current Inflation | 52.77 -59.31% | 69.15 -46.68% | 85.50 -34.07% | 106.03 -18.24% | 146.36 12.85% |
| Very High Inflation | 50.39 -61.15% | 65.27 -49.67% | 79.90 -38.39% | 98.34 -24.17% | 134.68 3.85% |
Historical Veritiv Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Veritiv
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 23, 2023 | 8-K | Current Report | |
| Mar 17, 2023 | 4 | Insider Trading | |
| Mar 17, 2023 | ARS | ARS | |
| Mar 17, 2023 | DEF 14A | DEF 14A | |
| Mar 17, 2023 | DEFA14A | DEFA14A | |
| Mar 13, 2023 | 8-K | Current Report | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | PRE 14A | PRE 14A | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for VRTV
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-16 | Abbate Salvatore A | sold | -608,564 | 121 | -5,000 | chief executive officer |
2023-03-02 | Adelman Dean A | sold | -289,629 | 144 | -2,000 | svp and chief hr officer |
2023-03-01 | Mayerle Stephanie E | acquired | - | - | 908 | svp sales |
2023-03-01 | Walkenhorst Michael D. | acquired | - | - | 1,334 | svp global ops and dev. bus. |
2023-03-01 | Calderwood Daniel B | acquired | - | - | 824 | svp marketing & business mgmt. |
2023-03-01 | Watkoske Daniel J | acquired | - | - | 2,064 | svp print solutions |
2023-03-01 | Salyer Susan B. | acquired | - | - | 1,714 | svp general counsel |
2023-03-01 | Guerin Eric | acquired | - | - | 3,880 | svp finance |
2023-03-01 | Abbate Salvatore A | acquired | - | - | 11,511 | chief executive officer |
2023-03-01 | Adelman Dean A | acquired | - | - | 1,395 | svp and chief hr officer |
Veritiv Corporation operates as a business-to-business provider of value-added packaging products and services, as well as facility solutions, print, and publishing products and services in the United States, Canada, Mexico, and internationally. The Packaging segment provides custom and standard packaging solutions. The Facility Solutions segment sources and sells cleaning, break-room, and other supplies, such as towels, tissues, food service, cleaning chemicals, skincare, personal protective equipment, can liners, soaps and sanitizers, dispensers, sanitary maintenance, and facility supplies. The Publishing segment sells and distributes coated and uncoated commercial printing papers to publishers, retailers, converters, printers, and specialty businesses for use in magazines, catalogs, books, directories, gaming, couponing, retail inserts, and direct mail. This segment also provides print management, procurement, and supply chain management solutions. The company also offers logistics solutions. Veritiv Corporation offers its products under the Endurance, Comet, Starbrite Opaque Select, TUFflex, Reliable, PUR Value, and Spring Grove brands, as well as other brands to customers in manufacturing, food and beverage, wholesale and retail, healthcare, transportation, property management, higher education, entertainment, hospitality, commercial printing, and publishing sectors. As of December 31, 2021, the Company operated approximately 125 distribution centers. Veritiv Corporation was incorporated in 2013 and is headquartered in Atlanta, Georgia.
VRTV Income Statement
2022-12-31Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Millions | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Income Statement [Abstract] | |||
| Net sales | $ 7,146.3 | $ 6,850.5 | $ 6,345.6 |
| Cost of products sold (including purchases from related party of $55.6 in 2020) (exclusive of depreciation and amortization shown separately below) | 5,526.0 | 5,417.9 | 5,040.2 |
| Distribution expenses | 398.5 | 419.3 | 429.8 |
| Selling and administrative expenses | 762.7 | 735.8 | 717.9 |
| Gain on sale of businesses | (29.7) | (3.1) | 0.0 |
| Depreciation and amortization | 45.6 | 55.2 | 57.7 |
| Restructuring charges, net | 2.0 | 15.4 | 52.2 |
| Operating income (loss) | 441.2 | 210.0 | 47.8 |
| Interest expense, net | 17.7 | 17.2 | 25.1 |
| Other (income) expense, net | (8.4) | (4.7) | (20.3) |
| Income (loss) before income taxes | 431.9 | 197.5 | 43.0 |
| Income tax expense (benefit) | 94.0 | 52.9 | 8.8 |
| Net income (loss) | $ 337.9 | $ 144.6 | $ 34.2 |
| Earnings (loss) per share: | |||
| Basic (usd per share) | $ 23.85 | $ 9.50 | $ 2.14 |
| Diluted (usd per share) | $ 23.29 | $ 9.01 | $ 2.08 |
| Weighted-average shares outstanding: | |||
| Weighted-average shares outstanding - basic (in shares) | 14,170 | 15,220 | 15,960 |
| Weighted-average shares outstanding - diluted (in shares) | 14,510 | 16,050 | 16,480 |
VRTV Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 40.6 | $ 49.3 |
| Accounts receivable, less allowances of $26.7 and $34.4, respectively | 889.6 | 1,011.2 |
| Inventories | 423.9 | 484.5 |
| Other current assets | 103.7 | 132.7 |
| Total current assets | 1,457.8 | 1,677.7 |
| Property and equipment (net of accumulated depreciation and amortization of $325.5 and $332.4, respectively) | 127.5 | 162.9 |
| Goodwill | 96.3 | 99.6 |
| Other intangibles, net | 35.6 | 42.7 |
| Deferred income tax assets | 29.0 | 47.1 |
| Other non-current assets | 343.4 | 408.4 |
| Total assets | 2,089.6 | 2,438.4 |
| Current liabilities: | ||
| Accounts payable | 452.9 | 561.9 |
| Accrued payroll and benefits | 106.2 | 110.0 |
| Other accrued liabilities | 154.1 | 185.7 |
| Current portion of debt | 13.4 | 16.0 |
| Total current liabilities | 726.6 | 873.6 |
| Long-term debt, net of current portion | 264.8 | 499.7 |
| Defined benefit pension obligations | 0.4 | 7.2 |
| Other non-current liabilities | 341.7 | 422.1 |
| Total liabilities | 1,333.5 | 1,802.6 |
| Commitments and contingencies (Note 15) | ||
| Shareholders' equity: | ||
| Preferred stock, $0.01 par value, 10.0 million shares authorized, none issued | 0.0 | 0.0 |
| Common stock, $0.01 par value, 100.0 million shares authorized; shares issued - 17.5 million and 17.0 million, respectively; shares outstanding - 13.5 million and 14.6 million, respectively | 0.2 | 0.2 |
| Additional paid-in capital | 613.1 | 633.8 |
| Accumulated earnings (deficit) | 472.6 | 143.2 |
| Accumulated other comprehensive loss | (12.7) | (24.3) |
| Treasury stock at cost - 4.0 million and 2.4 million shares, respectively | (317.1) | (117.1) |
| Total shareholders' equity | 756.1 | 635.8 |
| Total liabilities and shareholders' equity | $ 2,089.6 | $ 2,438.4 |