The price of CLW is predicted to go up 5.75%, based on the high correlation periods with PGR. The similarity of these two price pattern on the periods is 97.43%.
CLW
PGR
Up: 5.75%Similarity: 97.43%
CLW Revenue Forecast
CLW EPS Forecast
CLW FAQs
What is bull’s view on CLW?
CLW stock shows bullish potential due to strong options activity, particularly the $45 strike call expiring January 2025, indicating investor confidence in upward movement. Additionally, Suzano's interest in acquiring Clearwater Paper could drive the stock higher, aligning with strategic market expansion goals. Current analyst price target of $37 suggests a 31.58% upside from recent levels.
What is bear's view on CLW?
CLW stock currently shows bearish sentiment due to its underperformance in the paper & forest products sector, which has been lagging the market. The recent options activity highlights interest in the $45 strike call expiring January 2025, but the stock's price remains below this level, indicating limited upside momentum. Additionally, potential acquisition talks by Suzano may create uncertainty, further pressuring the stock price.
What is CLW revenue forecast for next quarter?
The market consensus for CLW's revenue in the upcoming quarter is projected to be approximately $387M USD.
What is CLW eps forecast for next quarter?
The market consensus for CLW's eps in the upcoming quarter is projected to be approximately $0.17 USD.
RBC Capital upgraded Clearwater Paper to Outperform from Sector Perform with a price target of $37, down from $48. Clearwater's "significant reset in valuation" reflects a challenging SBS market that may worsen with a significant capacity addition scheduled for mid-2025, but the firm sees an "asymmetric set-up for the stock" with expectations low, valuation at a trough, and a possibility that rationalization/conversion of industry capacity could tighten the market, the analyst tells investors.