Clearwater Paper Reports Third Quarter 2024 Results Board Approves New 100M Share Repurchase Authorization
CLW Stock | USD 27.12 0.27 0.99% |
Slightly above 75% of Clearwater Paper's investor base is looking to short. The analysis of overall sentiment of trading Clearwater Paper stock suggests that many investors are alarmed at this time. Clearwater Paper's investing sentiment can be driven by a variety of factors including economic data, Clearwater Paper's earnings reports, geopolitical events, and overall market trends.
Clearwater |
SPOKANE, Wash., November 04, 2024--Clearwater Paper Corporation , a premier independent supplier of bleached paperboard to North American converters today reported financial results for the third quarter and nine months ended September 30, 2024.
Read at finance.yahoo.com
Clearwater Paper Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Clearwater Paper can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Clearwater Paper Fundamental Analysis
We analyze Clearwater Paper's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clearwater Paper using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clearwater Paper based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Ratio
Current Ratio Comparative Analysis
Clearwater Paper is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Clearwater Paper Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Clearwater Paper stock to make a market-neutral strategy. Peer analysis of Clearwater Paper could also be used in its relative valuation, which is a method of valuing Clearwater Paper by comparing valuation metrics with similar companies.
Peers
Clearwater Paper Related Equities
SUZ | Suzano Papel | 3.09 | ||||
SLVM | Sylvamo Corp | 1.13 | ||||
UPMMY | UPM-Kymmene Oyj | 0.45 | ||||
MERC | Mercer International | 0.64 | ||||
KLBAY | Klabin Sa | 4.36 |
Additional Tools for Clearwater Stock Analysis
When running Clearwater Paper's price analysis, check to measure Clearwater Paper's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clearwater Paper is operating at the current time. Most of Clearwater Paper's value examination focuses on studying past and present price action to predict the probability of Clearwater Paper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clearwater Paper's price. Additionally, you may evaluate how the addition of Clearwater Paper to your portfolios can decrease your overall portfolio volatility.