Clearwater Paper (NYSE:CLW) will issue its quarterly earnings data after the market closes on Tuesday, August 4th. Analysts expect the company to announce earnings of $1.49 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.
Clearwater Paper (NYSE:CLW) last released its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.58. The business had revenue of $477.90 million for the quarter, compared to the consensus estimate of $447.00 million. Clearwater Paper had a net margin of 0.05% and a return on equity of 1.59%. On average, analysts expect Clearwater Paper to post $3 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of NYSE:CLW opened at $36.92 on Friday. The company has a current ratio of 1.79, a quick ratio of 0.97 and a debt-to-equity ratio of 2.13. The stock has a market capitalization of $611.76 million, a PE ratio of 738.55 and a beta of 1.88. Clearwater Paper has a 1 year low of $11.88 and a 1 year high of $39.87. The firm has a fifty day moving average price of $36.05 and a 200 day moving average price of $27.77.
Several analysts have recently issued reports on CLW shares. ValuEngine downgraded Clearwater Paper from a “hold” rating to a “sell” rating in a research note on Thursday, July 2nd. Cfra upped their target price on Clearwater Paper from $31.00 to $38.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, May 6th. Royal Bank of Canada upgraded Clearwater Paper from a “sector perform” rating to an “outperform” rating and increased their price target for the company from $20.00 to $35.00 in a report on Wednesday, May 6th. Zacks Investment Research upgraded shares of Clearwater Paper from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a research note on Wednesday, April 29th. Finally, TheStreet upgraded shares of Clearwater Paper from a “d” rating to a “c-” rating in a research note on Wednesday, May 6th. One analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $33.33.
About Clearwater Paper
Clearwater Paper Corporation produces and sells produces and sells private label tissue and bleached paperboard products in the United States and internationally. It operates in two segments, Consumer Products, and Pulp and Paperboard. The Consumer Products segment manufactures and sells a line of at-home tissue products, including bathroom tissues, paper towels, facial tissues, and napkins; recycled fiber value grade products; and away-from-home products, such as conventional one- and two-ply bath tissues, two-ply paper towels, hard wound towels, and dispenser napkins.
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