The price of Glatfelter Corporation (NYSE: GLT) closed at $1.66 in the last session, down -1.19% from day before closing price of $1.68. On the day, 532460 shares were traded.
Ratios:
We take a closer look at GLT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 2.16. In the meantime, Its Debt-to-Equity ratio is 3.37 whereas as Long-Term Debt/Eq ratio is at 3.32.
On April 20, 2021, BMO Capital Markets Downgraded its rating to Market Perform which previously was Outperform and also lowered its target price recommendation from $21 to $19.
BMO Capital Markets Upgraded its Market Perform to Outperform on May 05, 2017, whereas the target price for the stock was revised from $23 to $24.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 26 ’23 when CARLSON CAPITAL L P bought 50,000 shares for $1.60 per share. The transaction valued at 80,000 led to the insider holds 7,176,000 shares of the business.
CARLSON CAPITAL L P bought 25,000 shares of GLT for $38,698 on Oct 25 ’23. The 10% Owner now owns 7,126,000 shares after completing the transaction at $1.55 per share. On Oct 24 ’23, another insider, CARLSON CAPITAL L P, who serves as the 10% Owner of the company, bought 75,000 shares for $1.54 each. As a result, the insider paid 115,320 and bolstered with 7,101,000 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05 while its Price-to-Book (P/B) ratio in mrq is 0.29.
Stock Price History:
Over the past 52 weeks, GLT has reached a high of $4.59, while it has fallen to a 52-week low of $1.25.
Shares Statistics:
A total of 45.09M shares are outstanding, with a floating share count of 43.62M. Insiders hold about 3.37% of the company’s shares, while institutions hold 81.04% stake in the company.
Earnings Estimates
The company has iShares 20+ Year Treasury Bond analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $220.95, with high estimates of $55.81 and low estimates of $7.55.
EPS for the following year is $ETF, with ETF analysts recommending between $Stocks and $Stocks.
