VRTV Stock Recent News
VRTV LATEST HEADLINES
Veritiv (VRTV) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
VRTV has done a great job reducing its debt and deleveraging its balance sheet. This will give the company a number of attractive capital allocation options.
Veritiv (VRTV) delivers y/y improvement in the bottom line in the fourth quarter.
Veritiv Corporation (NYSE:VRTV ) Q4 2022 Earnings Conference Call February 28, 2023 9:00 AM ET Company Participants Scott Palfreeman - VP of Finance, IR Sal Abbate - CEO Steve Smith - CFO Conference Call Participants Sandra Liang - Bank of America Operator Good morning and welcome to Veritiv Corporation's Fourth Quarter and Full Year 2022 Financial Results Conference Call. As a reminder, today's call is being recorded.
Veritiv's (VRTV) fourth-quarter 2022 results are likely to reflect improved performance in its packaging segment, pricing actions, and its efforts to improve commercial and operational efficiency.
Veritiv (VRTV) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Supply and demand are out of balance in the Paper and Related Products industry, which is leading to pricing strength rarely seen before. And rising estimates indicate that the market will remain supportive to industry players in 2023.
Veritiv (VRTV) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Cash indicates a company's true financial health. It is the key to its existence, development and success.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.