Analyst Ratings for Clearwater Paper Corp. (CLW)Updated: 2017-07-27
Shares of Clearwater Paper Corp. (NYSE:CLW) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for CLW last month.
4 analysts declared CLW a buy, 0 issued an overweight rating, 2 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for CLW by the analysts covering the stock. The most optimistic analyst gave a price target of 72, which equates to a potential upside of 45.75 percent. The minimum price target given was 60, implying a possible loss of 21.46 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.96 percent. That number becomes -1.96 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.2 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 6.27 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.
Analysts estimate earnings of CLW to grow at a rate of 12.22 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. CLW has a PEG ratio of 1.78.
In the last 52-weeks, CLW has achieved a high of 68.40 and a low of 43.60. Currently the stock is 13.3 percent higher than its low, and 27.78 percent below the high. CLW has a P/E ratio of 21.76. Investors typically compare the P/E ratio to a company's peers in the industry. The CLW value stock report compares CLW to some of its peers using value stock charts. The market cap of CLW is $0.80594 billion. CLW is estimated to release their earnings results for the quarter on 0000-00-00, days from today.