Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Clearwater Paper Corp (NYSE: CLW) weakened during the last several trading days. CLW’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
Clearwater Paper Corp (NYSE: CLW) stock closed at $44.48 on 5/1/24 after a modest decline of -1.2%. However, below average trading volume at 72% of normal accompanied the decline. The stock has risen 10.6% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CLW is expected to continue to be a Value Builder.
Clearwater Paper has a current Value Trend Rating of C (High Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Clearwater Paper has a neutral Power Rating of 58 and a slightly positive Appreciation Score of 67, with the High Neutral Value Trend Rating the result.
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