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New Big Money Means Clearwater Paper Corp (CLW) Investors Could Reap Benefit

Clearwater Paper Corp (NYSE: CLW) is -27.74% lower on its value in year-to-date trading and has touched a low of $25.50 and a high of $57.13 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CLW stock was last observed hovering at around $26.53 in the last trading session, with the day’s loss setting it -0.43%.

Currently trading at $26.10, the stock is -4.28% and -10.58% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.91 million and changing -1.62% at the moment leaves the stock -34.37% off its SMA200. CLW registered -25.43% loss for a year compared to 6-month loss of -41.32%. The firm has a 50-day simple moving average (SMA 50) of $29.1874 and a 200-day simple moving average (SMA200) of $39.7697.

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The stock witnessed a -6.45% gain in the last 1 month and extending the period to 3 months gives it a -51.49%, and is -4.50% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.08% over the week and 3.53% over the month.

Clearwater Paper Corp (CLW) has around 3100 employees, a market worth around $434.10M and $2.12B in sales. Current P/E ratio is 9.74 and Fwd P/E is 18.25. Profit margin for the company is 2.16%. Distance from 52-week low is 2.35% and -54.31% from its 52-week high. The company has generated returns on investments over the last 12 months (2.54%).

Clearwater Paper Corp quarterly earnings per share for the current quarter are estimated at 0.29 with sales reaching $622M over the same period.The EPS is expected to shrink by -97.61% this year, but quarterly earnings will post 12.40% year-over-year. Quarterly sales are estimated to grow 18.50% in year-over-year returns.

287.0 institutions hold shares in Clearwater Paper Corp (CLW), with institutional investors hold 97.15% of the company’s shares. The shares outstanding are 16.48M, and float is at 16.14M with Short Float at 6.75%. Institutions hold 94.75% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 2.68 million shares valued at $129.69 million. The investor’s holdings represent 16.1116 of the CLW Shares outstanding. As of 2024-06-30, the second largest holder is DIMENSIONAL FUND ADVISORS LP with 1.41 million shares valued at $68.26 million to account for 8.4801 of the shares outstanding. The other top investors are PACER ADVISORS, INC. which holds 1.3 million shares representing 7.8279 and valued at over $63.01 million, while VANGUARD GROUP INC holds 7.399 of the shares totaling 1.23 million with a market value of $59.56 million.

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