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Last $35.19 USD
Change Today +0.21 / 0.60%
Volume 60.7K
VRTV On Other Exchanges
Symbol
Exchange
New York
Mexico
Frankfurt
As of 8:04 PM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

veritiv corp (VRTV) Snapshot

Open
$35.39
Previous Close
$34.98
Day High
$35.39
Day Low
$34.10
52 Week High
02/9/15 - $54.50
52 Week Low
08/26/15 - $32.77
Market Cap
563.0M
Average Volume 10 Days
113.8K
EPS TTM
$2.70
Shares Outstanding
16.0M
EX-Date
--
P/E TM
13.0x
Dividend
--
Dividend Yield
--
Current Stock Chart for VERITIV CORP (VRTV)

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veritiv corp (VRTV) Details

Veritiv Corporation operates as a business-to-business distributor of print, publishing, packaging, facility, and logistics solutions in in the United States, Canada, and Mexico. The company operates through four segments: Print, Publishing, Packaging, and Facility Solutions. The Print segment sells and distributes commercial printing, writing, copying, digital, wide format, and specialty paper products; and graphics consumables and graphics equipment. This segment also offers customized paper conversion services of commercial printing paper for distribution to document centers and form printers. 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 Packaging segment provides packaging solutions. The Facility Solutions segment sources and sells cleaning, break-room, and other supplies, such as towels, tissues, wipers and dispensers, can liners, commercial cleaning chemicals, soaps and sanitizers, sanitary maintenance supplies and equipment, safety and hazard supplies, and shampoos and amenities. It offers its products under the Endurance, uBrand, nordic+, Econosource, Comet, Starbrite Opaque Ultra, porcelianECO 30, TUFflex, Reliable, and Spring Grove brands, as well as other brands. The company operates approximately 180 distribution centers. Its customers include printers, publishers, commercial printing, data centers, manufacturers, higher education institutions, healthcare facilities, sporting and performance arenas, retail stores, government agencies, property managers, and building service contractors. Veritiv Corporation is based in Norcross, Georgia.

8,900 Employees
Last Reported Date: 03/24/15

veritiv corp (VRTV) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $3.4M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $975.0K
Senior Vice President Packaging
Total Annual Compensation: $1.1M
Senior Vice President of Facility Solutions, ...
Total Annual Compensation: $487.5K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $420.0K
Compensation as of Fiscal Year 2014.

veritiv corp (VRTV) Key Developments

Veritiv Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Second Half Year and Full Year of 2015

Veritiv Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, net sales were $2,159.3 million against $1,329.0 million a year ago. Operating income was $15.7 million against $4.9 million a year ago. Income from continuing operations before was $10.8 million against $5.0 million a year ago. Income from continuing operations was $4.3 million against $2.9 million a year ago. Net income was $4.3 million against $2.9 million a year ago. Earnings per share basic and diluted from continuing operations were $0.27 against $0.36 a year ago. Basic and diluted earnings per share were $0.27 against $0.36 a year ago. EBITDA was $32.5 million against $9.3 million a year ago. Adjusted EBITDA was $40.7 million against $17.6 million a year ago, increase was primarily a result of solid execution against integration plan and continued synergy capture. For the six months, net sales were $4,297.2 million against $2,636.4 million a year ago. Operating income was $23.5 million against $13.7 million a year ago. Income from continuing operations before was $8.7 million against $14.3 million a year ago. Income from continuing operations was $2.1 million against $8.5 million a year ago. Net income was $2.1 million against $8.4 million a year ago. Earnings per share basic and diluted from continuing operations were $0.13 against $1.04 a year ago. Basic and diluted earnings per share were $0.13 against $1.03 a year ago. Net cash provided by operating activities was $124.4 million against $36.9 million a year ago. Property and equipment additions were $22.6 million against $1.3 million a year ago. EBITDA was $50.3 million against $23.1 million a year ago. Adjusted EBITDA was $69.1 million against $30.2 million a year ago. Net income included $25.9 million of integration expenses and restructuring charges. Adjusted free cash flow was $145 million. The company is well-positioned for the second half of the year and expects to reach the middle to higher end of range for adjusted EBITDA of $165 to $175 million for the full year 2015. For 2015, the company now expects ordinary-course capital expenditures to be approximately $20 million in 2015, about $5 million less than previously forecasted. The company continues to expect incremental capital expenditures related to the integration projects to be in a range of $30 million to $40 million, which will help enable the synergy capture in 2015 and beyond.

Veritiv Corporation to Report Q2, 2015 Results on Aug 13, 2015

Veritiv Corporation announced that they will report Q2, 2015 results at 12:00 PM, GMT Standard Time on Aug 13, 2015

Veritiv Corporation, Q2 2015 Earnings Call, Aug 13, 2015

Veritiv Corporation, Q2 2015 Earnings Call, Aug 13, 2015

 

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VRTV Competitors

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Industry Analysis

VRTV

Industry Average

Valuation VRTV Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book 1.1x
Price/Cash Flow 17.7x
TEV/Sales NM Not Meaningful
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