Clearwater Paper (CLW) Stock Price, News & Analysis

Company Overview

Clearwater Paper Corporation manufactures and supplies bleached paperboards, and consumer and parent roll tissues in the United States and internationally. It operates through Pulp and Paperboard, and Consumer Products segments. The Pulp and Paperboard segment manufactures and markets bleached paperboard; Solid Bleached Sulfate paperboard that is used to produce folding cartons, liquid packaging, cups and plates, blister and carded packaging, and top sheet and commercial printing items; and hardwood and softwood pulp, as well as offers services that include custom sheeting, slitting, and cutting. It sells its products to carton converters, folding carton converters, merchants, and commercial printers. The Consumer Products segment provides a line of at-home tissue products, including bath tissues, paper towels, facial tissues, and napkins; recycled fiber value grade products; and away-from-home tissues. This segment sells its products to retailers, including grocery, club, mass merchants, and discount stores. The company was incorporated in 2005 and is based in Spokane, Washington.

Key Stats

• Today's Range: $24.49 to $25.42
• 50-Day Range: $24.95 to $30.73
• 52-Week Range: $24.49 to $57.13
• Volume: 491,877 shs
• Average Volume: 629,825 shs
• Market Capitalization: $413.26 million
• P/E Ratio: 29.00
• Dividend Yield: N/A
• Price Target: $37.00
• Consensus Rating: Buy

Clearwater Paper Stock Analysis - MarketRank™

Clearwater Paper scored higher than 89% of companies evaluated by MarketBeat, and ranked 43rd out of 190 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Clearwater Paper has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Clearwater Paper has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Clearwater Paper is 29.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.54.

Price to Earnings Ratio vs. Sector

The P/E ratio of Clearwater Paper is 29.00, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 102.37.

Price to Book Value per Share Ratio

Clearwater Paper has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

6.12% of the float of Clearwater Paper has been sold short.

Short Interest Ratio / Days to Cover

Clearwater Paper has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Clearwater Paper has recently decreased by 9.68%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Clearwater Paper does not currently pay a dividend.

Dividend Growth

Clearwater Paper does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 1.7 / 5
• Environmental Score: -2.64

Percentage of Shares Shorted

6.12% of the float of Clearwater Paper has been sold short.

Short Interest Ratio / Days to Cover

Clearwater Paper has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Clearwater Paper has recently decreased by 9.68%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

Clearwater Paper has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Clearwater Paper this week, compared to 7 articles on an average week.

Search Interest

Only 1 people have searched for CLW on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

1 people have added Clearwater Paper to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Clearwater Paper insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.30% of the stock of Clearwater Paper is held by insiders.

Percentage Held by Institutions

89.98% of the stock of Clearwater Paper is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CLW Stock Analysis - Frequently Asked Questions

How have CLW shares performed this year?

Clearwater Paper's stock was trading at $36.12 at the start of the year. Since then, CLW shares have decreased by 31.0% and is now trading at $24.94.
View the best growth stocks for 2024 here.

How were Clearwater Paper's earnings last quarter?

Clearwater Paper Co. (NYSE:CLW) announced its quarterly earnings results on Monday, April, 29th. The basic materials company reported $1.43 earnings per share for the quarter, beating analysts' consensus estimates of $1.11 by $0.32. The basic materials company had revenue of $496.20 million for the quarter. Clearwater Paper had a trailing twelve-month return on equity of 4.35% and a net margin of 0.74%.

How will Clearwater Paper's stock buyback program work?

Clearwater Paper's board approved a share buyback program on Monday, November 4th 2024, which allows the company to repurchase $100,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 23.8% of its shares through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its shares are undervalued.

Does Clearwater Paper have any subsidiaries?

Clearwater Paper subsidiaries include these companies: Manchester Industries Inc. of Virginia, Cellu Tissue CityForest LLC, Cellu Tissue Corporation–Natural Dam, Cellu Tissue Corporation–Neenah, Cellu Tissue Corporation–Oklahoma City, Cellu Tissue Holdings Inc., Cellu Tissue LLC, and others.

Who are Clearwater Paper's major shareholders?

Clearwater Paper's top institutional investors include Pacer Advisors Inc. (11.39%), State Street Corp (3.92%), Geode Capital Management LLC (2.31%) and Charles Schwab Investment Management Inc. (1.51%). Insiders that own company stock include Michael S Gadd, Steve M Bowden, Michael John Murphy, Kari G Moyes and Rebecca Anne Barckley.
View institutional ownership trends.

How do I buy shares of Clearwater Paper?

Shares of CLW 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.

What other stocks do shareholders of Clearwater Paper own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Clearwater Paper investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Tesla (TSLA), Meta Platforms (META), Netflix (NFLX) and Home Depot (HD).

Company Calendar

• Last Earnings: 4/29/2024
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/18/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Paperboard mills
• Sub-Industry: Paper Products
• Current Symbol: NYSE:CLW
• CUSIP: 18538R10
• CIK: 1441236
• Web: www.clearwaterpaper.com
• Phone: (509) 344-5900
• Fax: N/A
• Employees: 3,100
• Year Founded: 2008

Price Target and Rating

• Average Stock Price Target: $37.00
• High Stock Price Target: $37.00
• Low Stock Price Target: $37.00
• Potential Upside/Downside: +48.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.86
• Trailing P/E Ratio: 29.00
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $107.80 million
• Net Margins: 0.74%
• Pretax Margin: 1.43%
• Return on Equity: 4.35%
• Return on Assets: 1.40%

Debt

• Debt-to-Equity Ratio: 1.72
• Current Ratio: 1.78
• Quick Ratio: 1.13

Sales & Book Value

• Annual Sales: $2.08 billion
• Price / Sales: 0.20
• Cash Flow: $13.13 per share
• Price / Cash Flow: 1.90
• Book Value: $40.11 per share
• Price / Book: 0.62

Miscellaneous

• Outstanding Shares: 16,570,000
• Free Float: 16,187,000
• Market Cap: $413.26 million
• Optionable: Optionable
• Beta: 0.34