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NYSE:GLT

Glatfelter (GLT) Stock Price, News & Analysis

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About Glatfelter Stock (NYSE:GLT)

Key Stats

Today's Range
N/A
50-Day Range
$19.50
$24.64
52-Week Range
N/A
Volume
339,300 shs
Average Volume
56,880 shs
Market Capitalization
$73.68 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Glatfelter Corporation, together with its subsidiaries, engages in the manufacture and sale of engineered materials worldwide. It operates through three segments: Composite Fibers, Airlaid Materials, and Spunlace. The Composite Fibers segment offers food and beverage filtration materials for single-serve coffee and tea products; wallcover base materials for wallpaper manufacturers; metallized products that are used in labels, packaging liners, gift wraps, and other consumer product applications; composite laminates consisting of decorative laminates for use in furniture, household and commercial flooring, and other applications; and specialty engineered products, which are used in electrical energy storage, home, hygiene, and other engineered fiber-based applications. The Airlaid Materials segment supplies absorbent cellulose-based airlaid nonwoven materials that are used to manufacture consumer products, such as feminine hygiene and other hygiene products, specialty wipes, tabletop, adult incontinence, home care, food pads, and other consumer and industrial products. The Spunlace segment manufactures spunlace nonwovens for cleaning, high-performance materials, personal care, hygiene, and medical applications. The company was formerly known as P. H. Glatfelter Company. Glatfelter Corporation was founded in 1864 and is headquartered in Charlotte, North Carolina.

Glatfelter Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
2nd Percentile Overall Score

GLT MarketRank™: 

Glatfelter scored higher than 2% of companies evaluated by MarketBeat, and ranked 102nd out of 104 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Glatfelter.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Glatfelter is -1.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Glatfelter is -1.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Read more about Glatfelter's valuation and earnings.
  • Percentage of Shares Shorted

    4.15% of the float of Glatfelter has been sold short.
  • Short Interest Ratio / Days to Cover

    Glatfelter has a short interest ratio ("days to cover") of 8.
  • Change versus previous month

    Short interest in Glatfelter has recently increased by 236.29%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Glatfelter does not currently pay a dividend.

  • Dividend Growth

    Glatfelter does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    4.15% of the float of Glatfelter has been sold short.
  • Short Interest Ratio / Days to Cover

    Glatfelter has a short interest ratio ("days to cover") of 8.
  • Change versus previous month

    Short interest in Glatfelter has recently increased by 236.29%, indicating that investor sentiment is decreasing significantly.
  • Search Interest

    Only 2 people have searched for GLT on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Glatfelter insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $648,987.00 in company stock.

  • Percentage Held by Insiders

    Only 2.26% of the stock of Glatfelter is held by insiders.

  • Percentage Held by Institutions

    76.92% of the stock of Glatfelter is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Glatfelter's insider trading history.
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GLT Stock News Headlines

Berry Global, Glatfelter complete deal that creates Magnera
One new option listing and two option delistings on November 5th
The only candlestick pattern worth a darn
It’s widely known that 80% of daily market action is driven by Wall Street algorithms… Now, most people think of the algorithms are “bad” When in reality, they are neither good nor bad… They are simply programmed to buy and sell certain stocks over and over again… But here is the thing… They are predictable… They typically buy the same stocks at the same levels over and over again…
Glatfelter’s Strategic Merger with Berry Global’s Business
Glatfelter’s Q3 2024 Results and Merger Transition
Glatfelter Reports Third Quarter 2024 Results
See More Headlines

GLT Stock Analysis - Frequently Asked Questions

Glatfelter Co. (NYSE:GLT) released its earnings results on Thursday, May, 9th. The basic materials company reported ($4.29) EPS for the quarter. The basic materials company earned $327.26 million during the quarter. Glatfelter had a negative trailing twelve-month return on equity of 17.71% and a negative net margin of 5.08%.

Shares of Glatfelter reverse split before market open on Monday, November 4th 2024. The 1-13 reverse split was announced on Saturday, January 1st 2000. The number of shares owned by shareholders was adjusted after the market closes on Sunday, November 3rd 2024. An investor that had 100 shares of stock prior to the reverse split would have 8 shares after the split.

Top institutional shareholders of Glatfelter include Foundation Resource Management Inc. (0.94%) and GSA Capital Partners LLP (0.65%). Insiders that own company stock include Carlson Capital L P, Carlson Capital, LP, Wolfgang Laures, J Robert Hall, David C Elder, Bruce Brown and Dante C Parrini.
View institutional ownership trends
.

Shares of GLT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Glatfelter investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), Voyager Therapeutics (VYGR), iShares Micro-Cap ETF (IWC) and AUO (AUOTY).

Company Calendar

Last Earnings
5/09/2024
Today
11/17/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/27/2025

Industry, Sector and Symbol

Industry
Paper mills
Sub-Industry
Paper Products
CUSIP
37731610
Employees
2,980
Year Founded
1864

Profitability

Net Income
$-79,050,000.00
Pretax Margin
-5.15%

Debt

Sales & Book Value

Annual Sales
$1.39 billion
Book Value
$59.08 per share

Miscellaneous

Free Float
3,420,000
Market Cap
$73.68 million
Optionable
Optionable
Beta
1.72

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This page (NYSE:GLT) was last updated on 11/17/2024 by MarketBeat.com Staff
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