Clearwater Paper Corp (NYSE:CLW) has been given a consensus recommendation of “Hold” by the ten brokerages that are currently covering the company. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $68.75.

Several analysts recently weighed in on the company. TheStreet downgraded Clearwater Paper Corp from a “b-” rating to a “c+” rating in a research note on Wednesday, February 8th. KeyCorp restated a “hold” rating on shares of Clearwater Paper Corp in a research note on Friday, February 10th. Zacks Investment Research downgraded Clearwater Paper Corp from a “hold” rating to a “sell” rating in a research note on Tuesday, February 14th. Vetr downgraded Clearwater Paper Corp from a “hold” rating to a “sell” rating and set a $60.00 price target on the stock. in a research note on Monday, January 23rd. Finally, Royal Bank of Canada upgraded Clearwater Paper Corp from an “underperform” rating to a “sector perform” rating and set a $60.00 price target on the stock in a research note on Monday, February 27th.

Several hedge funds have recently bought and sold shares of the company. Municipal Employees Retirement System of Michigan increased its stake in Clearwater Paper Corp by 1.1% in the third quarter. Municipal Employees Retirement System of Michigan now owns 3,790 shares of the company’s stock valued at $245,000 after buying an additional 40 shares during the last quarter. Aperio Group LLC increased its stake in Clearwater Paper Corp by 4.6% in the third quarter. Aperio Group LLC now owns 10,577 shares of the company’s stock valued at $684,000 after buying an additional 462 shares during the last quarter. Great West Life Assurance Co. Can increased its stake in Clearwater Paper Corp by 2.6% in the third quarter. Great West Life Assurance Co. Can now owns 22,875 shares of the company’s stock valued at $1,478,000 after buying an additional 589 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Clearwater Paper Corp by 0.3% in the third quarter. Bank of New York Mellon Corp now owns 204,714 shares of the company’s stock valued at $13,239,000 after buying an additional 613 shares during the last quarter. Finally, Rothschild Asset Management Inc. increased its stake in Clearwater Paper Corp by 0.9% in the third quarter. Rothschild Asset Management Inc. now owns 160,756 shares of the company’s stock valued at $10,396,000 after buying an additional 1,492 shares during the last quarter. Institutional investors own 89.25% of the company’s stock.

Your IP Address:

Shares of Clearwater Paper Corp (NYSE:CLW) opened at 56.30 on Thursday. The firm has a market cap of $926.87 million, a PE ratio of 19.41 and a beta of 1.06. The stock has a 50 day moving average price of $58.02 and a 200 day moving average price of $61.24. Clearwater Paper Corp has a 52 week low of $46.66 and a 52 week high of $69.75.

Clearwater Paper Corp (NYSE:CLW) last posted its quarterly earnings results on Wednesday, February 8th. The company reported $0.82 earnings per share for the quarter, missing the consensus estimate of $0.88 by $0.06. The company earned $425.60 million during the quarter, compared to analysts’ expectations of $407.08 million. Clearwater Paper Corp had a return on equity of 11.85% and a net margin of 2.86%. The business’s quarterly revenue was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.75 EPS. Equities analysts expect that Clearwater Paper Corp will post $3.54 earnings per share for the current year.

Clearwater Paper Corp Company Profile

Clearwater Paper Corporation manufactures quality consumer tissue, away-from-home (AFH), tissue, parent roll tissue, bleached paperboard and pulp at manufacturing facilities across the nation. The Company is a supplier of private label tissue to retailers and wholesale distributors, including grocery, drug, mass merchants and discount stores.

5 Day Chart for NYSE:CLW

Receive News & Stock Ratings for Clearwater Paper Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clearwater Paper Corp and related stocks with our FREE daily email newsletter.