Clearwater Paper (CLW)

• Market cap: $501M
• 1 day: 22.46%
• 5 days: 23.01%
• 1 month: 16.25%
• 3 months: -1.34%
• 6 months: -39.27%
• Year to date: -17.30%
• 1 year: -18.04%
• 5 years: 44.10%
• 10 years: -56.07%
• Sector: Materials
• Industry: Paperboard Mills

About: Clearwater Paper Corp is engaged in the manufacturing and selling of private label tissue, paperboard, and pulp-based products. The company has two reportable segments namely the consumer products segment which manufactures and sells a complete line of at-home tissue products as well as AFH products. The pulp and paperboard segment manufactures and markets bleached paperboard for the high-end segment of the packaging industry as well as offers services that include custom sheeting, slitting and cutting of paperboard. It generates maximum revenue from Pulp and Paperboard segment. Geographically, it derives maximum revenue from the United States.

Employees: 3,100

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

354% more call options, than puts

Call options by funds: $6.28M | Put options by funds: $1.38M

50% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]

0.26% more ownership

Funds ownership: 94.06% [Q2] → 94.32% (+0.26%) [Q3]

8% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 60

16% less funds holding

Funds holding: 203 [Q2] → 171 (-32) [Q3]

41% less capital invested

Capital invested by funds: $760M [Q2] → $448M (-$313M) [Q3]

54% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 59

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $37 22% upside
• Avg. target: $37 22% upside
• High target: $37 22% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

RBC Capital Matthew McKellar 38% 1-year accuracy 8 / 21 met price target

22% upside $37

Outperform Reiterated

5 Nov 2024