Can Clearwater Paper Corporation (NYSE:CLW) Breach 52-week High Of $69.75?


The leading market experts have reached a mean price target of $72.00 on Clearwater Paper Corporation (NYSE:CLW) stock. This price level, which is projected to be accomplished in one-year, shows the mean of stock views specified by the firms included in the First Call analysis. The research firms have foreseen earnings of $1.06 a share for the future quarter and $3.78 for the current fiscal.

Technical View

The technical analysis of Clearwater Paper Corporation Co proves that the 50-day moving average of Clearwater Paper Corporation Co is $61.66, and stock is trading $0.01 points away or +0.01% from 50-day moving average of $61.66. It is trading $3.47 or +5.97% away 200-day moving average of $58.20. Clearwater Paper Corporation (NYSE:CLW) 52-week high is $69.75 and the low is $32.00 in same period. This explains if the equity moves $-8.08, it will mark a high for the year. In event of +92.72% decline, the low point will be hit.

Taking the valuation side to highlight Clearwater Paper Corporation Co position, shareholders can use financial tool identified as price-to-earnings ratio. This business ratio judges stock’s valuation by seeing the relative expense of the equity. Following this ratio, Clearwater Paper Corporation (NYSE:CLW) ratio came in at 14.88.

In core, the price-earnings ratio specifies the dollar amount a stockholder can expect to spend in a company in order to obtain one dollar of that firm’s earnings. It is why the P/E ratio is sometimes stated as the multiple because it displays how much investors are ready to pay per dollar of profits. If a company were now trading at a multiple of 30, the reading is that an investor is ready to pay $30 for $1 of present earnings.

The stock ended the last session at $61.67 and registered a market cap of $1.05B. To appraise firm’s overall growth, the shareholders take help of another ration, identified as Price-to-Earnings-Growth ratio. When equity displays a higher PEG ratio, it is indicative of poorer stock appreciation in imminent sessions. A equity comes in the undervalued stocks list when its PEG ratio is in between 0 and 1. Clearwater Paper Corporation (NYSE:CLW) PEG ratio is at 3.28.

1 Chart Pattern Every Investor Should Know

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