A share of Glatfelter Corporation (NYSE:GLT) closed at $4.05 per share on Friday, down from $4.39 day before. While Glatfelter Corporation has underperformed by -7.74%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, GLT fell by -72.43%, with highs and lows ranging from $18.74 to $3.81, […]
Glatfelter Corporation (NYSE:GLT) traded at $4.67 at close of the session on Tuesday, 09/20/22, made an upward move of 2.41% on its previous day’s price. Looking at the stock we see that its previous close was $4.56 and the beta (5Y monthly) reads 1.48 with the day’s price range being $4.42 – $4.875. In terms … Glatfelter Corporation (NYSE: GLT) Jumps 2.41%, Turning Investors Away Read More »
Glatfelter Corporation (GLT) shares down 4.7% in a premarket session after the Board of Directors suspended the company’s quarterly cash dividend as part of its focused efforts to…
Shares of Glatfelter Corp. dropped 4.7% in premarket trading Wednesday, after the supplier of engineered materials said it suspended its quarterly dividend, as part of a "reprioritization" of capital as it focuses its efforts on optimizing financial results. The company had last paid a quarterly dividend of 14 cents a share in June, which at Tuesday''s stock closing price of $4.67 implied a dividend yield of 11.76%, which compares with the implied yield for the S&P 500 of 1.71%. "This is a prudent step that will redirect capital back to the business at a critical juncture for the company," said non-executive chairman Kevin Fogarty. "With enhanced financial flexibility, we will be better positioned to make the changes and investments needed to drive improvements throughout the business while navigating the ongoing global geopolitical and economic challenges." The stock has plunged 72.9% year to date through Tuesday, while the S&P 500 has lost 19.1%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.
U.S. stocks traded higher in volatile trading toward the end of trading, with the Dow Jones gaining more than 100 points on Monday. The Dow traded up 0.42% to 30,951.15 while the NASDAQ rose 0.55% to 11,511.91. The S&P 500 also rose, gaining, 0.46% to 3,890.96. Also check this: US Stocks Fall to Two-Month Low Amid Higher Volatility Leading and Lagging Sectors Materials shares rose by 0.8% on Monday. Meanwhile, top gainers in the sector included Coeur Mining, Inc. (NYSE: CDE ), up 13% and Glatfelter Corporation (NYSE: GLT ) up 12%. In trading on Monday, health care shares fell by 1.3%. Top Headline The NAHB housing market index declined for the ninth consecutive month to 46 in September, compared to market expectations of 47. It was the lowest reading since May 2020. Equities Trading UP KnowBe4, Inc. (NASDAQ: KNBE ) shares shot up 28% to $22.11 after the company confirmed it received a non-binding proposal from Vista Equity Partners Management to acquire all of the outstanding shares of the …
Gainers: Coeur Mining (CDE) +12%. Glatfelter (GLT) +11%. Kinross Gold (KGC) +8%. Solaris Oilfield (SOI) +8%. Losers: Heliogen (HLGN) -12%. Cross Timbers Royalty Trust (CRT) -8%.
The share price of Glatfelter Corporation (NYSE:GLT) fell to $4.20 per share on Friday from $4.42. While Glatfelter Corporation has underperformed by -4.98%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, GLT fell by -70.75%, with highs and lows ranging from $18.74 to $3.81, whereas the […]
Gainers: Yield10 Bioscience (YTEN) +11%. Save Foods (SVFD) +8%. Graphex Group (GRFX) +6%. Glatfelter (GLT) +5%. Losers: Riley Exploration Permian (REPX) -9%. Vizsla Silver (VZLA) -9%.
The trading price of Glatfelter Corporation (NYSE:GLT) closed higher on Monday, September 12, closing at $4.52, 4.39% higher than its previous close. Traders who pay close attention to intraday price movement should know that it fluctuated between $4.15 and $4.53. In examining the 52-week price action we see that the stock hit a 52-week high … Here’s Why Glatfelter Corporation (NYSE: GLT) Is A Good Stock To Buy Right Now Read More »
The share price of Glatfelter Corporation (NYSE:GLT) rose to $4.52 per share on Monday from $4.33. While Glatfelter Corporation has overperformed by 4.39%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, GLT fell by -70.36%, with highs and lows ranging from $18.74 to $3.81, whereas the […]
Glatfelter Corporation (NYSE:GLT) price on Thursday, September 08, rose 5.14% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $4.50. A look at the stock’s price movement, the close in the last trading session was $4.28, moving within a range at $4.01 and $4.50. The beta value (5-Year … Glatfelter Corporation (NYSE: GLT): Overvalued Against Others? Read More »
The share price of Glatfelter Corporation (NYSE:GLT) fell to $4.36 per share on Tuesday from $4.94. While Glatfelter Corporation has underperformed by -11.74%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, GLT fell by -72.60%, with highs and lows ranging from $18.74 to $4.54, whereas the […]
The specialty engineering company''s visibility is about to decline notably.
Gainers: Dakota Gold (DC) +15%. Tellurian (TELL) +11%. Frontline (FRO) +8%. Ramaco Resources (METC) +7%. Losers: Glatfelter (GLT) -13%.
Glatfelter (GLT) has appointed Mr. Thomas Fahnemann to the role of President and CEO, effective immediately to succeed current Chairman and CEO, Mr. Dante C
CHARLOTTE, N.C., Aug. 25, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT ), a leading global supplier of engineered materials, today announced that Mr. Thomas Fahnemann has been appointed to the role of President and Chief Executive Officer, effective immediately. He replaces the Company''s current Chairman and Chief Executive Officer, Mr. Dante C. Parrini, who will be leaving the Company following a 25-year career. In addition, the Board has appointed Mr. Kevin M. Fogarty, currently an independent Glatfelter Board Director and Chairman of the Nominating and Corporate Governance Committee, to the role of Non-Executive Chairman. The Company noted that these changes are not related to Glatfelter''s operations, financial reporting or controls, or personal conduct. "The Board of Directors of Glatfelter are unanimous in our view that we have the right combination of business segments serving attractive, growth-oriented markets and customers, with sustainable product offerings to truly address fundamental challenges in today''s changing world.
GLT earnings call for the period ending June 30, 2022.
The following slide deck was published by Glatfelter Corporation in conjunction with their 2022 Q2 earnings call.
Glatfelter (NYSE: GLT ) reported its Q2 earnings results on Tuesday, August 2, 2022 at 06:50 AM. Here''s what investors need to know about the announcement. Earnings Glatfelter beat estimated earnings by 75.0%, reporting an EPS of $-0.04 versus an … Full story available on Benzinga.com
CHARLOTTE, N.C., Aug. 02, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today reported a loss from continuing operations for the second quarter of 2022 of $2.5 million, or $0.05 per share, compared with net income of $1.5 million, or $0.03 per share, in the same period a year ago. On an adjusted basis, earnings from continuing operations for the second quarter of 2022 and 2021 were a loss of $1.6 million, or $0.04 per share, compared with adjusted earnings of $8.0 million, or $0.18 per share, respectively. Adjusted earnings is a non-GAAP financial measure for which a reconciliation to the nearest GAAP-based measure is provided within this release. The 2021 results include the acquisitions of Georgia-Pacific’s U.S. nonwovens business (“Mount Holly”) and Jacob Holm ("Spunlace") as of May 13, 2021 and October 29, 2021, respectively.
Companies Reporting Before The Bell • Ferrari (NYSE: RACE ) is expected to report quarterly earnings at $1.27 per share on revenue of $1.22 billion. • AudioCodes (NASDAQ: AUDC ) is estimated to report quarterly earnings at $0.34 per share on revenue of $68.33 million. • Kopin (NASDAQ: KOPN ) is estimated to report quarterly loss at $0.03 per share on revenue of $12.56 million. • Rhythm Pharmaceuticals (NASDAQ: RYTM ) is expected to report quarterly loss at $0.95 per share on revenue of $2.58 million. • Eos Energy Enterprises (NASDAQ: EOSE ) is projected to report quarterly loss at $0.59 per share on revenue of $6.61 million. • Sprott (NYSE: SII ) is estimated to report earnings for its second quarter. • Element Solutions (NYSE: ESI ) is likely to report quarterly loss at $0.15 per share on revenue of $321.97 million. • GEO Group (NYSE: GEO ) is estimated to report quarterly earnings at $0.31 per share on revenue of $561.50 million. • Blueprint Medicines (NASDAQ: BPMC ) is expected to report quarterly loss at $2.
Glatfelter Corporation (NYSE:GLT) shares, rose in value on Friday, 07/15/22, with the stock price down by 0.00% to the previous day’s close as strong demand from buyers drove the stock to $6.54. Actively observing the price movement in the last trading, the stock closed the session at $6.54, falling within a range of $6.43 and … Read This First Before You Buy Glatfelter Corporation (NYSE: GLT) Stock Read More »
On Monday, 166 stocks hit new 52-week lows. 52-Week Low Highlights: The largest company by market cap to set a new 52-week low was BHP Group (NYSE: BHP ) . Euro Tech Hldgs (NASDAQ: CLWT ) was the smallest company when considering market cap to set a new 52-week low. AMTD IDEA Group (NYSE: AMTD ) ''s stock fell the most, as it traded down 12.49% to reach a new 52-week low. Glatfelter (NYSE: GLT ) ''s stock showed potential to rebound, rebounding up 0.08% after reaching a new 52-week low. Stocks that set new 52-week lows on Monday are as follows: Cognizant Tech Solns (NASDAQ: CTSH ) stock hit a yearly low of $65.15. The stock was down 1.66% for the day. Wipro (NYSE: WIT ) stock hit $5.13 on Monday morning, setting a new 52-week low for a change of down 1.33%. Fomento Economico (NYSE: FMX ) stock hit $59.25 on Monday morning, setting a new 52-week low for a change of down 1.37%. Boston Properties (NYSE: BXP ) shares set a new 52-week low of $86.95. The stock traded down 2.05%. Liberty Global (NASDAQ: LBTYA ) stock achieved a new 52-week low on Monday morning, hitting $20.52 and moving down 2.6%.
Paper Excellence , based in Western Canada, has agreed to buy Resolute Forest Products (NYSE: RFP ), whose headquarters are in Montreal, for about $2.7 billion of cash or $20.50 per share of RFP stock. In early trading, RFP stock soared 64.5% to $20.54. Additionally, the owners of RFP stock are supposed to receive “a share of future softwood lumber duty deposit refunds” that Resolute will receive for its transaction through June 30, 2022. Both companies develop and market paper and pulp products. About Resolute Forest Products and Domtar Resolute creates market pulp, tissue, wood products and papers, and it markets those offerings in over 60 countries. The company explains that its “pulp can be found in many everyday products, including bath tissue, paper towels, packaging, specialty papers and absorbent products such as diapers.” Another American pulp maker, Domtar, was acquired by Paper Excellence in November, and Resolute Forest is technically being absorbed by Domtar. Based in South Carolina, Domtar says that it is “the largest integrated manufacturer and marketer of uncoated freesheet paper in North America, and one of the largest manufacturers of pulp in the world.” The company reports that, before the Resolute deal, it had 20 plants .
The following slide deck was published by Glatfelter Corporation in conjunction with this event.
The following slide deck was published by Glatfelter Corporation in conjunction with this event.
Glatfelter has a history of growing revenue and cash flows. On top of this, GLT is cheap on an absolute basis and likely fairly valued relative to similar firms.
Companies Reporting Before The Bell • Kiniksa Pharmaceuticals (NASDAQ: KNSA ) is projected to report earnings for its first quarter. • Great Lakes Dredge & Dock (NASDAQ: GLDD ) is likely to report quarterly earnings at $0.16 per share on revenue of $170.53 million. • Enel Chile (NYSE: ENIC ) is expected to report quarterly earnings at $82.88 per share on revenue of $994.35 million. • Paramount Global (NASDAQ: PARAA ) is likely to report quarterly earnings at $0.52 per share on revenue of $7.38 billion. • Triton International (NYSE: TRTN ) is likely to report quarterly earnings at $2.63 per share on revenue of $419.07 million. • Colliers Intl Gr (NASDAQ: CIGI ) is likely to report quarterly earnings at $1.59 per share on revenue of $1.14 billion. • Comstock Mining (AMEX: LODE ) is projected to report quarterly loss at $0.03 per share on revenue of $380.00 thousand. • GEO Group (NYSE: GEO ) is expected to report quarterly earnings at $0.22 per share on revenue of $551.47 million. • Kopin (NASDAQ: KOPN ) is expected to report quarterly loss at $0.
Acquisition Adds Scale and Strengthens Glatfelter''s Position as a Leading Global Engineered Materials Company CHARLOTTE, N.C., July 22, 2021 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT),
Acquisition Adds Scale and Strengthens Glatfelters Position as a Leading Global Engineered Materials Company Acquisition Adds Scale and Strengthens Glatfelters Position as a Leading Global Engineered Materials Company
Industry Overview of Tea Bag Paper Market The report offers a complete research study of the global Tea Bag Paper Market that includes accurate forecasts and analysis at global, regional, and country levels. It provides a comprehensive view of the global Tea Bag Paper Market and detailed value chain analysis to help players to closely […]
CHARLOTTE, N.C., May 14, 2021 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today announced it has completed the previously announced acquisition of Georgia-Pacifics U.S. nonwovens business for $175 million, subject to customary purchase price adjustments.
CHARLOTTE, N.C., May 14, 2021 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT ), a leading global supplier of engineered materials, today announced it has completed the previously announced acquisition of Georgia-Pacific''s U.S. nonwovens business for $175 million, subject to customary purchase price adjustments. The transaction includes Georgia-Pacific''s Mount Holly, North Carolina airlaid manufacturing operation along with a nonwovens product development operation and associated employees in Memphis, Tennessee, which collectively employ approximately 140 people. The Mount Holly facility produces high-quality airlaid products focused on wipes and table top materials. The new product development resources will enhance ongoing innovation efforts. "Today''s announcement is a major step forward in Glatfelter''s ongoing transformation as we expand the U.S. footprint of our Airlaid Materials segment. We are excited to welcome Mount Holly and Memphis employees to Glatfelter, and we look forward to combining forces with our Glatfelter team to achieve even greater levels of operational excellence, innovation, and world-class customer service.
Glatfelter''s consolidated net sales for the three months ended March 31, 2021 totaled $225.7 million, compared with $231.6 million for the same period in 2020.
Glatfelter (NYSE:GLT) had its price objective trimmed by BMO Capital Markets from $19.00 to $17.00 in a research report report published on Monday, Analyst Price Targets reports. The brokerage currently has a market perform rating on the basic materials companys stock. Shares of NYSE GLT opened at $15.15 on Monday. The firm has a fifty []
Overview of Global Seed Paper Market: This report provides in-depth study of “Global Seed Paper Market 2021” using SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization. The Seed Paper Market report also provides an in-depth survey of key
P. H. Glatfelter Company shares closed today at 1.6% below its 52 week high of $18.67, giving the company a market cap of $815M. The stock is currently up 12.2% year-to-date, up 9.9% over the past 12 months, and up 33.1% over the past five years. This week, the Dow Jones Industrial Average fell 0.9%, and the S&P 500 fell 1.5%. Trading Activity Trading volume this week was 38.2% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.The stock closed at 0.1% lower than its 5-day moving average, 5.6% higher than its 20-day moving average, and 19.0% higher than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Materials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock priceperformance year-to-date beats the peer average by 456.1% The company's stock price performance over the past 12 months lags the peer average by -13.5% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
P. H. Glatfelter Company shares closed today at 1.0% below its 52 week high of $18.67, giving the company a market cap of $819M. The stock is currently up 12.8% year-to-date, up 10.5% over the past 12 months, and up 37.5% over the past five years. This week, the Dow Jones Industrial Average rose 0.8%, and the S&P 500 rose 1.7%. Trading Activity Trading volume this week was 39.1% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Materials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock priceperformance year-to-date beats the peer average by 330.8% The company's stock price performance over the past 12 months lags the peer average by -23.9% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Glatfelter (NYSE:GLT) issued its quarterly earnings results on Saturday. The basic materials company reported $0.16 EPS for the quarter, hitting the consensus estimate of $0.16, MarketWatch Earnings reports. Glatfelter had a negative net margin of 3.04% and a positive return on equity of 7.00%. Shares of GLT stock opened at $15.88 on Tuesday. The company’s […]
Glatfelter (GLT) delivered earnings and revenue surprises of 0.00% and -7.49%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Glatfelter (GLT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
P. H. Glatfelter Company (GLT) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
The following slide deck was published by P. H. Glatfelter Company in conjunction with this event.
P H Glatfelter Co (NYSE:GLT) Q1 2019 Earnings Conference Call April 30, 2019, 11:00 ET Company Participants Ramesh Shettigar - VP & Treasurer Dante Parrini
GLT earnings call for the period ending March 31, 2019.
Glatfelter (GLT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.