SLIDESHOW: Top 10 Cheap Materials Stocks
By Dividend Channel Staff, updated Fri, May 3, 9:21 AM
This Slide: #1 of 10 |
#10. Clearwater Paper
Trading Symbol
CLW
Recent Price
44.86
TTM Earnings
6.71
PE Ratio (TTM)
6.7
Avg Past PE (TTM)
28.3
Market Cap
748.2M
#10. Clearwater Paper
Trading Symbol
CLW
Recent Price
44.86
TTM Earnings
6.71
PE Ratio (TTM)
6.7
Avg Past PE (TTM)
28.3
Market Cap
748.2M
Clearwater Paper is a manufacturer and supplier of bleached paperboard and consumer and parent roll tissue. Co. supplies bleached paperboard to printers and packaging converters, and provides services that include custom sheeting, slitting and cutting. Co. supplies private label tissue to retailers and wholesale distributors, including grocery, club, mass merchants and discount stores. Co.'s business is organized into two operating segments: Pulp and Paperboard, which markets and manufactures bleached paperboard and is a producer of solid bleached sulfate paperboard; and Consumer Products, which sells and produces a line of at-home tissue products. More details about Clearwater Paper at: http://www.clearwaterpaper.com.
ETFs holding CLW »
Should Clearwater Paper shares be counted among the Top 10 Cheap Materials Stocks? To start, we see that the recent trading price for CLW stock is $44.86 (as of 5/2/2024). The most recent quarter's (MRQ) earnings result, annualized, was $5.72/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, Clearwater Paper produced $6.71/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $6.32/share. Comparing these various earnings metrics against the stock price, we end up with a PE ratio of 7.1 for the TTM Median method, 7.8 for price to earnings using MRQ annualized, and 6.7 for current price/TTM earnings. Based on CLW's history, that recent TTM PE is low relative to the historical average, with the recent PE 76.3% lower than the average (TTM method) of 28.3.
Should Clearwater Paper shares be counted among the Top 10 Cheap Materials Stocks? To start, we see that the recent trading price for CLW stock is $44.86 (as of 5/2/2024). The most recent quarter's (MRQ) earnings result, annualized, was $5.72/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, Clearwater Paper produced $6.71/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $6.32/share. Comparing these various earnings metrics against the stock price, we end up with a PE ratio of 7.1 for the TTM Median method, 7.8 for price to earnings using MRQ annualized, and 6.7 for current price/TTM earnings. Based on CLW's history, that recent TTM PE is low relative to the historical average, with the recent PE 76.3% lower than the average (TTM method) of 28.3.
|
Hold (2.00 out of 4) 1st percentile
(ranked lower than approx. 99% of all stocks covered)
Analysts' Target Price: CLW Forecast Based on data provided by Zacks Investment Research via Quandl.com |
|