Clearwater Paper Corp (NYSE: CLW) has reported E.P.S. of $-1.55 for its second fiscal quarter (ending June 30) versus $1.76 for the same period a year ago — a decline of -188%. Relative to the consensus estimate of $0.30, this was a shortfall of $-1.85. For the latest four quarters through June 30, E.P.S. were $2.74 compared to $4.06 a year ago — a decline of -33%.
Recent Price Action
Clearwater Paper Corp (NYSE: CLW) stock closed at $48.25 on 8/6/24 after a decline of -3.1%. Moreover, this decline was accompanied by above average trading volume at 128% of normal. The stock has declined -13.7% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CLW is expected to continue to be a Value Builder.
Clearwater Paper has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Clearwater Paper has a neutral Appreciation Score of 55 but a good Power Rating of 85, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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