Board Change • Jul 09
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. Independent Director Jeanne Hillman was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 16
Clearwater Paper Corporation to Report Q1, 2026 Results on Apr 28, 2026 Clearwater Paper Corporation announced that they will report Q1, 2026 results After-Market on Apr 28, 2026 Aankondiging • Apr 10
Clearwater Paper Corporation Reduces Approximately 20% of Salaried and Hourly Roles at Cypress Bend, Arkansas Facility Clearwater Paper Corporation announced the restructuring of its Cypress Bend, Arkansas facility, resulting in the reduction of approximately 20% of salaried and hourly roles at the facility. The company planned to operate the facility at about half of its production capability. The company expected these actions to deliver $8 million to $12 million of annualized cost savings, while not impacting shipment volumes. The company provided severance packages, healthcare subsidies, and outplacement services to impacted employees, and worked with the union through effects bargaining. Aankondiging • Mar 30
Clearwater Paper Corporation Launches Velora Lightweight Paperboard for Everyday Packaging Clearwater Paper Corporation introduced Velora, a new lightweight folding carton paperboard engineered to deliver dependable performance, higher yield and strong value for everyday packaging. Velora is designed for converters and brand owners seeking reliable packaging performance without moving into premium SBS grades. Made for folding carton and foodservice applications, the product combines strength, versatility and lower basis weights across the caliper range. Velora’s lighter fiber structure supports material reduction and helps customers manage sustainability commitments and regulatory costs. Made in the USA from domestic and imported materials, Velora also provides stable supply and consistent lead times. Velora meets key food-contact, health and environmental standards, including SFI fiber sourcing and FDA 21 CFR compliance. Aankondiging • Mar 07
Clearwater Paper Corporation, Annual General Meeting, May 07, 2026 Clearwater Paper Corporation, Annual General Meeting, May 07, 2026. Location: hyatt regency, seattle 808 howell st., seattle United States Aankondiging • Feb 19
Clearwater Paper Corporation Provides Earnings Guidance for Fiscal Year 2026 Clearwater Paper Corporation provided earnings guidance for fiscal year 2026. For the year, the company expects revenue of $1.4 Billion to $1.5 Billion, with capacity utilization rate in the mid 80% range. Aankondiging • Feb 06
Clearwater Paper Corporation to Report Q4, 2025 Results on Feb 18, 2026 Clearwater Paper Corporation announced that they will report Q4, 2025 results After-Market on Feb 18, 2026 Aankondiging • Oct 15
Clearwater Paper Corporation to Report Q3, 2025 Results on Oct 28, 2025 Clearwater Paper Corporation announced that they will report Q3, 2025 results After-Market on Oct 28, 2025 Aankondiging • Jul 16
Clearwater Paper Corporation to Report Q2, 2025 Results on Jul 29, 2025 Clearwater Paper Corporation announced that they will report Q2, 2025 results After-Market on Jul 29, 2025 Aankondiging • May 13
Clearwater Paper Corporation Announces Executive Changes, Effective July 1, 2025 Clearwater Paper Corporation announced that on July 1, 2025, Michael S. Gadd will step down as Senior Vice President, General Counsel and will serve as a Senior Vice President of the Company. He will continue to work on ongoing matters and assist the Company in the transition of the General Counsel position. His annual base salary will be $360,000 per year and he will otherwise continue to participate in the Company’s existing annual and long term incentive plans and Executive Severance Plan and Change of Control Plan for executive employees (as described in the Company’s most recent proxy statement). Effective July 1, 2025, Marc D. Rome, will assume the role of Senior Vice President, General Counsel of the Company and continue to serve as Corporate Secretary of the Company. Mr. Rome currently serves as Associate General Counsel, Corporate Secretary for the Company. He has served as Associate General Counsel since December 2023 and Corporate Secretary since October 2024. Prior to joining the Company, Mr. Rome was Vice President, Deputy General Counsel, Corporate and Assistant Secretary at eBay Inc. from 2018 to 2021. Mr. Rome received his B.A. from the University of San Francisco and his J.D. from Georgetown University Law Center. Aankondiging • Apr 16
Clearwater Paper Corporation to Report Q1, 2025 Results on Apr 29, 2025 Clearwater Paper Corporation announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2025 Aankondiging • Mar 31
Clearwater Paper Corporation, Annual General Meeting, May 08, 2025 Clearwater Paper Corporation, Annual General Meeting, May 08, 2025. Location: hyatt regency, 808 howell street, wa98101, seattle United States Aankondiging • Feb 04
Clearwater Paper Corporation to Report Q4, 2024 Results on Feb 13, 2025 Clearwater Paper Corporation announced that they will report Q4, 2024 results After-Market on Feb 13, 2025 Aankondiging • Nov 05
Clearwater Paper Corporation (NYSE:CLW) announces an Equity Buyback for $100 million worth of its shares. Clearwater Paper Corporation (NYSE:CLW) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of its shares. The repurchase program has no expiration date. Aankondiging • Nov 01
Sofidel America Corporation completed the acquisition of Clearwater Paper Tissue, LLC and Consumer Product Division Facility Located in Lewiston, Idaho from Clearwater Paper Corporation (NYSE:CLW). Sofidel America Corporation agreed to acquire Clearwater Paper Tissue, LLC and Consumer Product Division Facility Located in Lewiston, Idaho from Clearwater Paper Corporation (NYSE:CLW) for $1.1 billion on July 21, 2024. The purchase price is subject to adjustments for debt, cash, transaction expenses and net working capital. The $1.06 billion price represents a multiple of approximately six times the Adjusted EBITDA of Clearwater Paper’s tissue segment during the twelve months ending March 31, 2024. The Company expects net proceeds from the transaction of approximately $850 million, which it intends to use to meaningfully de-lever its balance sheet and invest in growth initiatives for its continuing operations. The transaction is subject to customary closing conditions, including the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and regulatory approvals. The transaction is expected to close in the latter part of 2024. As per filing on August 6, 2024 The transaction is expected to close in the fourth quarter of 2024.
Goldman Sachs & Co. LLC acted as financial advisor for Clearwater Paper Corporation. Justin Hovey, Veronica Nunn, Mario Dottori, Sarvesh Mahajan, Philip Tendler, Joseph Fastiggi; Noa Clark, Michael Sibarium, Evan Storm; Christine Richardson and Peter Hunt, Ed Cavazos, Sandro Serra; Julie Divola; Matthew Rabinowitz, Alex Lathrop; Bryan Coffey; Aimee Ghosh and Brandon Eckford of Pillsbury Winthrop Shaw Pittman LLP acted as legal advisors for Clearwater Paper Corporation. Matthew P. Salerno and Charles W. Allen from New York office and Roberto Bonsignore and David Singer from Milano office of Cleary Gottlieb Steen & Hamilton LLP acted as legal advisors to Sofidel America Corp. in the transaction. Lazard, Inc. acted as financial advisor to Sofidel America Corporation in the transaction.
Sofidel America Corporation completed the acquisition of Clearwater Paper Tissue, LLC and Consumer Product Division Facility Located in Lewiston, Idaho from Clearwater Paper Corporation (NYSE:CLW) on November 1, 2024. Aankondiging • Oct 22
Clearwater Paper Corporation to Report Q3, 2024 Results on Nov 04, 2024 Clearwater Paper Corporation announced that they will report Q3, 2024 results After-Market on Nov 04, 2024 Aankondiging • Oct 03
Clearwater Provides an Update of Impact on Operations from Hurricane Helene Clearwater Paper Corporation announced that it temporarily suspended operations at its Augusta, Georgia paperboard facility and its Shelby, North Carolina tissue facility due to the impacts from Hurricane Helene. There was no serious damage to equipment and both facilities are resuming operations. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment deteriorates as stock falls 37% After last week's 37% share price decline to €27.80, the stock trades at a trailing P/E ratio of 11.1x. Average forward P/E is 11x in the Forestry industry in Europe. Total returns to shareholders of 4.5% over the past three years. New Risk • Aug 08
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 31% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (167% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin). Reported Earnings • Aug 07
Second quarter 2024 earnings released: US$1.55 loss per share (vs US$1.76 profit in 2Q 2023) Second quarter 2024 results: US$1.55 loss per share (down from US$1.76 profit in 2Q 2023). Revenue: US$586.4m (up 12% from 2Q 2023). Net loss: US$25.8m (down 187% from profit in 2Q 2023). Revenue is expected to decline by 15% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to grow by 4.5%. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €50.50, the stock trades at a trailing P/E ratio of 9.1x. Average forward P/E is 11x in the Forestry industry in Europe. Total returns to shareholders of 104% over the past three years. Aankondiging • Jul 22
Clearwater Paper Corporation to Report Q2, 2024 Results on Aug 06, 2024 Clearwater Paper Corporation announced that they will report Q2, 2024 results After-Market on Aug 06, 2024 Board Change • Jun 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Jeanne Hillman was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €44.00, the stock trades at a trailing P/E ratio of 7.8x. Average forward P/E is 12x in the Forestry industry in Europe. Total returns to shareholders of 88% over the past three years. Aankondiging • May 03
Clearwater Paper Corporation (NYSE:CLW) completed the acquisition of Paperboard manufacturing facility of Graphic Packaging Holding Company. Clearwater Paper Corporation (NYSE:CLW) signed a definitive agreement to acquire Paperboard manufacturing facility of Graphic Packaging Holding Company for $700 million on February 19, 2024. The purchase price is funded through a combination of cash on hand and committed debt financing. On February 19, 2024, Clearwater entered into a commitment letter with AgWest Farm Credit, PCA (AgWest), CoBank, FCB (CoBank) and Coöperatieve Rabobank U.A. (Rabobank), in which AgWest and CoBank, agreed to provide a 5-year term revolver credit facility in an aggregate principal amount of up to $270 million via a refinancing of the Company’s existing term revolver credit agreement in the event that the required consents or amendments from the existing lenders and voting participants cannot be obtained. In addition, AgWest agreed to provide a new 7-year farm credit term loan facility in the aggregate principal amount of $340 million and Rabobank agreed to provide a new 5-year commercial bank term loan facility in the aggregate principal amount of $150 million.The transaction is subjected to regulatory approvals and expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act. The transaction is expected to be completed in the second Quarter of 2024. TD Securities (USA) LLC acted as financial advisor, Pillsbury Winthrop Shaw Pittman LLP acted as legal advisor to Clearwater Paper Corporation (NYSE:CLW). BofA Securities, Inc. acted as financial advisor, Scott Kitchens, Justin Howard, Amber Pelot, Sarah Hess Mackenzie, Douglas Arnold, Richard Grice, Paul Hespel, Scott Ortwein, David Rutherford, Sam Kaywood, Blake MacKay, Brian Harvel, Brian Harvel and Brett Coburn of Alston & Bird LLP acted as legal advisor to Graphic Packaging International, LLC.Clearwater Paper Corporation (NYSE:CLW) completed the acquisition of Paperboard manufacturing facility of Graphic Packaging Holding Company on May 1, 2024. Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: US$1.04 (vs US$1.41 in 1Q 2023) First quarter 2024 results: EPS: US$1.04 (down from US$1.41 in 1Q 2023). Revenue: US$496.2m (down 5.6% from 1Q 2023). Net income: US$17.2m (down 28% from 1Q 2023). Profit margin: 3.5% (down from 4.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Aankondiging • Apr 17
Clearwater Paper Corporation to Report Q1, 2024 Results on Apr 29, 2024 Clearwater Paper Corporation announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2024 Aankondiging • Mar 30
Clearwater Paper Corporation, Annual General Meeting, May 09, 2024 Clearwater Paper Corporation, Annual General Meeting, May 09, 2024, at 09:00 Pacific Daylight. Location: Grand Hyatt Seattle 721 Pine Street, Seattle Washington United States Agenda: To consider election of directors; to consider ratification of the appointment of independent registered public accounting firm; to approve executive officer compensation; and to consider other matters. Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €37.00, the stock trades at a trailing P/E ratio of 5.9x. Average forward P/E is 11x in the Forestry industry in Europe. Total returns to shareholders of 23% over the past three years. Reported Earnings • Feb 21
Full year 2023 earnings released: EPS: US$6.39 (vs US$2.71 in FY 2022) Full year 2023 results: EPS: US$6.39 (up from US$2.71 in FY 2022). Revenue: US$2.08b (flat on FY 2022). Net income: US$107.7m (up 134% from FY 2022). Profit margin: 5.2% (up from 2.2% in FY 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Aankondiging • Feb 08
Clearwater Paper Corporation to Report Q4, 2023 Results on Feb 21, 2024 Clearwater Paper Corporation announced that they will report Q4, 2023 results on Feb 21, 2024 Aankondiging • Nov 12
Clearwater Paper Suspends Idaho Operations Due to Regional Natural Gas Pipeline Incident Clearwater Paper Corporation reported that it temporarily suspended certain manufacturing operations at its Lewiston, Idaho facility. An incident impacting the regional natural gas system has resulted in the disruption of natural gas deliveries to the mill and the surrounding areas. Reported Earnings • Oct 31
Third quarter 2023 earnings released: EPS: US$2.19 (vs US$1.23 in 3Q 2022) Third quarter 2023 results: EPS: US$2.19 (up from US$1.23 in 3Q 2022). Revenue: US$519.9m (down 3.5% from 3Q 2022). Net income: US$36.6m (up 78% from 3Q 2022). Profit margin: 7.0% (up from 3.8% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to grow by 1.7%. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Aankondiging • Oct 17
Clearwater Paper Corporation to Report Q3, 2023 Results on Oct 30, 2023 Clearwater Paper Corporation announced that they will report Q3, 2023 results on Oct 30, 2023 Reported Earnings • Aug 02
Second quarter 2023 earnings released: EPS: US$1.76 (vs US$0.87 in 2Q 2022) Second quarter 2023 results: EPS: US$1.76 (up from US$0.87 in 2Q 2022). Revenue: US$524.6m (flat on 2Q 2022). Net income: US$29.7m (up 102% from 2Q 2022). Profit margin: 5.7% (up from 2.8% in 2Q 2022). Revenue is forecast to decline by 2.0% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Aankondiging • Jul 21
Clearwater Paper Corporation to Report Q2, 2023 Results on Aug 01, 2023 Clearwater Paper Corporation announced that they will report Q2, 2023 results on Aug 01, 2023 Aankondiging • Jun 29
Clearwater Paper Corporation Announces Chief Financial Officer Changes On June 23, 2023, the Board of Directors of Clearwater Paper Corporation elected Rebecca A. Barckley as Interim Chief Financial Officer, effective July 1, 2023. The Company is currently engaged in a search for a permanent Chief Financial Officer. Ms. Barckley will serve as Interim CFO until a permanent CFO is in place for the Company, and she will also continue in her role as Vice President, Corporate Controller, Principal Accounting Officer for the Company. Ms. Barckley has assumed the duties and responsibilities of CFO from Michael J. Murphy will leave the Company on June 30, 2023, as previously reported. Ms. Barckley, age 60, has served as Vice President, Corporate Controller of the Company since January 2020. Before joining the Company, Ms. Barckley worked for Louisiana Pacific Corporation (LP), where she spent 20 years in progressively increasing leadership roles in finance and accounting including from 2010 through December 2019, serving as LP’s Corporate Controller Financial Reporting, Principal Accounting Officer. Ms. Barckley earned her Bachelor of Business Administration, Accounting from California State University, Fresno. Recent Insider Transactions • May 28
Insider recently sold €77k worth of stock On the 23rd of May, Rebecca Barckley sold around 3k shares on-market at roughly €30.63 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €80k. Insiders have been net sellers, collectively disposing of €467k more than they bought in the last 12 months. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: US$1.41 (vs US$0.99 in 1Q 2022) First quarter 2023 results: EPS: US$1.41 (up from US$0.99 in 1Q 2022). Revenue: US$525.4m (up 7.6% from 1Q 2022). Net income: US$23.8m (up 43% from 1Q 2022). Profit margin: 4.5% (up from 3.4% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years, in line with the revenue forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Apr 18
Senior VP of Finance & CFO recently sold €80k worth of stock On the 14th of April, Michael Murphy sold around 3k shares on-market at roughly €29.91 per share. This transaction amounted to 6.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €310k. This was Michael's only on-market trade for the last 12 months. Recent Insider Transactions • Mar 05
Senior VP recently sold €310k worth of stock On the 24th of February, Michael Gadd sold around 9k shares on-market at roughly €35.67 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Feb 16
Full year 2022 earnings released: EPS: US$2.71 (vs US$1.68 loss in FY 2021) Full year 2022 results: EPS: US$2.71 (up from US$1.68 loss in FY 2021). Revenue: US$2.08b (up 17% from FY 2021). Net income: US$46.0m (up US$74.1m from FY 2021). Profit margin: 2.2% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years, in line with the revenue forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 5% per year. Aankondiging • Feb 01
Clearwater Paper Corporation to Report Q4, 2022 Results on Feb 14, 2023 Clearwater Paper Corporation announced that they will report Q4, 2022 results on Feb 14, 2023 Reported Earnings • Nov 02
Third quarter 2022 earnings released: EPS: US$1.23 (vs US$0.11 in 3Q 2021) Third quarter 2022 results: EPS: US$1.23 (up from US$0.11 in 3Q 2021). Revenue: US$538.8m (up 20% from 3Q 2021). Net income: US$20.6m (up US$18.7m from 3Q 2021). Profit margin: 3.8% (up from 0.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Aankondiging • Oct 18
Clearwater Paper Corporation to Report Q3, 2022 Results on Oct 31, 2022 Clearwater Paper Corporation announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Oct 31, 2022 Aankondiging • Sep 28
Clearwater Paper Corporation Appoints Jeanne M. Hillman to the Company’S Board of Directors, Effective October 1, 2022 Clearwater Paper Corporation announced that Jeanne M. Hillman has been elected to the company’s board of directors, effective October 1, 2022. From May 2019 until her retirement in March 2020, Ms. Hillman served as vice president, enterprise technology and governance, at Weyerhaeuser, a timber, wood products, and real estate company. Prior to that, beginning in 1984, she served at Weyerhaeuser in many roles, including as vice president, chief accounting officer, vice president, finance operations for a wood products business improvement initiative, and in various other financial and information technology roles. In her senior roles, Ms. Hillman was responsible for strategic planning, capital investment, and multiple acquisitions and divestitures, among other responsibilities. Ms. Hillman has been appointed to the class of directors whose term of office will expire at the 2025 annual meeting. With this addition, Clearwater Paper’s board will consist of nine directors, eight of whom meet New York Stock Exchange standards for independence. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment improved over the past week After last week's 21% share price gain to €42.00, the stock trades at a trailing P/E ratio of 16.7x. Average forward P/E is 9x in the Forestry industry in Europe. Total returns to shareholders of 163% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €35.64 per share. Reported Earnings • Aug 03
Second quarter 2022 earnings released: EPS: US$0.87 (vs US$3.09 loss in 2Q 2021) Second quarter 2022 results: EPS: US$0.87 (up from US$3.09 loss in 2Q 2021). Revenue: US$526.4m (up 30% from 2Q 2021). Net income: US$14.7m (up US$66.3m from 2Q 2021). Profit margin: 2.8% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 9.3%, compared to a 5.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 20
Clearwater Paper Corporation to Report Q2, 2022 Results on Aug 02, 2022 Clearwater Paper Corporation announced that they will report Q2, 2022 results on Aug 02, 2022 Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: US$0.99 (vs US$0.73 in 1Q 2021) First quarter 2022 results: EPS: US$0.99 (up from US$0.73 in 1Q 2021). Revenue: US$488.2m (up 15% from 1Q 2021). Net income: US$16.6m (up 37% from 1Q 2021). Profit margin: 3.4% (up from 2.8% in 1Q 2021). Over the next year, revenue is forecast to grow 7.8%, compared to a 7.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Chris Vickers Tucker was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 15
Clearwater Paper Corporation to Report Q1, 2022 Results on Apr 28, 2022 Clearwater Paper Corporation announced that they will report Q1, 2022 results on Apr 28, 2022 Recent Insider Transactions • Apr 10
Insider recently sold €118k worth of stock On the 1st of April, Steven Bowden sold around 5k shares on-market at roughly €25.63 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €92k more than they bought in the last 12 months. Aankondiging • Apr 06
Clearwater Paper Corporation, Annual General Meeting, May 16, 2022 Clearwater Paper Corporation, Annual General Meeting, May 16, 2022, at 09:00 Pacific Daylight. Location: 601 W. Riverside Ave. Spokane Washington United States Agenda: To elect two directors to the Clearwater Paper Corporation Board of Directors; to ratify the appointment of the company's independent registered public accounting firm for 2022; to hold an advisory vote to approve the compensation of the company's named executive officers; and to transact any other business that properly comes before the meeting. Buying Opportunity • Mar 23
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be US$33.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. The company became loss making over the last year. Buying Opportunity • Feb 24
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 30%. The fair value is estimated to be US$32.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. The company became loss making over the last year. Reported Earnings • Feb 21
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: US$1.68 loss per share (down from US$4.65 profit in FY 2020). Revenue: US$1.77b (down 5.1% from FY 2020). Net loss: US$28.1m (down 136% from profit in FY 2020). Revenue exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 9.6%, compared to a 4.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Aankondiging • Jan 07
Clearwater Paper Corporation Launches NuVo® with BioPBS™ Cup Clearwater Paper Corporation introduced NuVo® withBioPBS™, a sustainable cup stock that provides foodservice operators with a compostable alternative to hot cups coated with low-density polyethylene. NuVo® withBioPBS™ is the first cup stock to combine a compostable barrier, 35% post-consumer fiber, Forest Stewardship Council® (FSC®) chain-of-custody certification (FSC-C008402), and a high-definition print surface. Reported Earnings • Nov 03
Third quarter 2021 earnings released: EPS US$0.11 (vs US$1.29 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$450.5m (down 1.5% from 3Q 2020). Net income: US$1.90m (down 91% from 3Q 2020). Profit margin: 0.4% (down from 4.7% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 05
Second quarter 2021 earnings released: US$3.09 loss per share (vs US$1.37 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: US$406.4m (down 15% from 2Q 2020). Net loss: US$51.6m (down 326% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 18
Clearwater Paper Corporation Suspended Arkansas Operations Due to Severe Weather Conditions Clearwater Paper Corporation announced that it temporarily suspended its pulp and paperboard operation in Cypress Bend, Arkansas. The cold weather has resulted in the curtailment of natural gas deliveries to the mill as natural gas providers prioritize residential needs. Aankondiging • Feb 12
Clearwater Paper Corporation to Report Q4, 2020 Results on Feb 25, 2021 Clearwater Paper Corporation announced that they will report Q4, 2020 results on Feb 25, 2021 Is New 90 Day High Low • Feb 09
New 90-day high: €34.80 The company is up 24% from its price of €28.00 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €44.50 per share. Is New 90 Day High Low • Jan 21
New 90-day high: €34.20 The company is up 3.0% from its price of €33.20 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €139 per share. Recent Insider Transactions • Nov 22
Senior VP recently sold €238k worth of stock On the 18th of November, Michael Gadd sold around 8k shares on-market at roughly €31.39 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Valuation Update With 7 Day Price Move • Nov 17
Market bids up stock over the past week After last week's 17% share price gain to US$31.20, the stock is trading at a trailing P/E ratio of 10.9x, up from the previous P/E ratio of 9.3x. This compares to an average P/E of 14x in the Forestry industry in Europe. Total return to shareholders over the past three years is a loss of 21%. Valuation Update With 7 Day Price Move • Nov 11
Market pulls back on stock over the past week After last week's 17% share price decline to US$26.60, the stock is trading at a trailing P/E ratio of 9.8x, down from the previous P/E ratio of 11.9x. This compares to an average P/E of 14x in the Forestry industry in Europe. Total return to shareholders over the past three years is a loss of 28%. Reported Earnings • Nov 05
Third quarter 2020 earnings released: EPS US$1.29 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$457.4m (up 2.7% from 3Q 2019). Net income: US$21.4m (up US$32.4m from 3Q 2019). Profit margin: 4.7% (up from net loss in 3Q 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Nov 05
Revenue beats expectations Revenue exceeded analyst estimates by 0.2%. Over the next year, revenue is expected to shrink by 2.4% compared to a 1.6% decline forecast for the Forestry industry in Germany. Is New 90 Day High Low • Oct 08
New 90-day high: €35.40 The company is up 12% from its price of €31.60 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €41.24 per share.