Clearwater Paper Corp (NYSE: CLW) is -1.75% lower on its value in year-to-date trading and has touched a low of $23.97 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 $28.59 in the last trading session, with the day’s gains setting it 0.66%.
Currently trading at $29.25, the stock is 3.79% and 7.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.46 million and changing 2.31% at the moment leaves the stock -22.15% off its SMA200. CLW registered -19.09% loss for a year compared to 6-month loss of -36.73%. The firm has a 50-day simple moving average (SMA 50) of $27.2396 and a 200-day simple moving average (SMA200) of $37.5718.
The stock witnessed a 8.98% gain in the last 1 month and extending the period to 3 months gives it a 8.53%, and is -1.75% 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 5.21% over the week and 5.47% over the month.
Clearwater Paper Corp (CLW) has around 3100 employees, a market worth around $484.60M and $1.99B in sales. Current P/E ratio is 33.93 and Fwd P/E is 22.85. Profit margin for the company is 0.74%. Distance from 52-week low is 22.03% and -48.80% from its 52-week high. The company has generated returns on investments over the last 12 months (0.82%).
The EPS is expected to shrink by -90.73% this year
249.0 institutions hold shares in Clearwater Paper Corp (CLW), with institutional investors hold 100.25% of the company’s shares. The shares outstanding are 16.59M, and float is at 15.96M with Short Float at 6.19%. Institutions hold 97.70% 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.
