Glatfelter (GLT) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $1.70 to $1.84
• 50-Day Range: $1.50 to $1.90
• 52-Week Range: $1.22 to $2.71
• Volume: 1.69 million shs
• Average Volume: 722,122 shs
• Market Capitalization: $79.00 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Glatfelter Stock Analysis - MarketRank™

Glatfelter scored higher than 11% of companies evaluated by MarketBeat, and ranked 98th out of 102 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Glatfelter.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Glatfelter is -1.18, 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 -1.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Glatfelter has a P/B Ratio of 0.31. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

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

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

Dividend Yield

Glatfelter does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

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.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: 0.00

News Sentiment

Glatfelter has a news sentiment score of 0.00. 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 lower news sentiment than the 0.52 average news sentiment score of Construction companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Glatfelter this week, compared to 1 article on an average week.

Search Interest

Only 2 people have searched for GLT on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Glatfelter to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $649,002.00 in company stock.

Percentage Held by Insiders

Only 2.59% 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.

GLT Stock Analysis - Frequently Asked Questions

How have GLT shares performed this year?

Glatfelter's stock was trading at $1.94 at the start of the year. Since then, GLT shares have decreased by 10.3% and is now trading at $1.74.
View the best growth stocks for 2024 here.

How were Glatfelter's earnings last quarter?

Glatfelter Co. (NYSE:GLT) issued its quarterly earnings data on Thursday, August, 8th. The basic materials company reported ($0.25) EPS for the quarter. The basic materials company earned $329.44 million during the quarter. Glatfelter had a negative net margin of 5.08% and a negative trailing twelve-month return on equity of 17.28%.

Who are Glatfelter's major shareholders?

Glatfelter's top institutional investors include Foundation Resource Management Inc. (0.94%). 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.

How do I buy shares of Glatfelter?

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.

What other stocks do shareholders of Glatfelter own?

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: 8/08/2024
• Today: 11/02/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Construction
• Industry: Paper mills
• Sub-Industry: Paper Products
• Current Symbol: NYSE:GLT
• CUSIP: 37731610
• CIK: 41719
• Web: www.glatfelter.com
• Phone: (704) 885-2555
• Fax: 717-846-7208
• Employees: 2,980
• Year Founded: 1864

Profitability

• EPS (Most Recent Fiscal Year): ($1.47)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-79,050,000.00
• Net Margins: -5.08%
• Pretax Margin: -4.99%
• Return on Equity: -17.28%
• Return on Assets: -2.58%

Debt

• Debt-to-Equity Ratio: 4.19
• Current Ratio: 2.21
• Quick Ratio: 1.06

Sales & Book Value

• Annual Sales: $1.39 billion
• Price / Sales: 0.06
• Cash Flow: $0.61 per share
• Price / Cash Flow: 2.85
• Book Value: $5.70 per share
• Price / Book: 0.31

Miscellaneous

• Outstanding Shares: 45,400,000
• Free Float: 44,221,000
• Market Cap: $79.00 million
• Optionable: Optionable
• Beta: 1.74