Home Sectors Basic Materials Recent Valuation: Glatfelter (NYSE: GLT)

Recent Valuation: Glatfelter (NYSE: GLT)

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Glatfelter trades as part of the forest products industry and is in the basic materials sector. The company CEO is Dante C. Parrini. P.H. Glatfelter Co is a manufacturer of specialty papers and fiber-based engineered materials. It operates with three segments namely Composite Fibers, Advanced Airlaid Materials and Specialty Papers.

Previous Intraday Trading Performance:

The GLT stock showed a previous change of -4.67% with an open at 12.57 and a close of 12.04. It reached an intraday high of 12.70 and a low of 12.01.

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Liquidity:

The stock has a market cap of $527.1m with 43.8m shares outstanding, of which the float is 42.7m shares. Trading volume reached 300,107 shares compared to its average volume of 343,955 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Glatfelter shares returned -5.79% and in the past 30 trading days it returned -34.14%. Over three months, it changed -36.80%. In one year it has changed -40.19% and within that year its 52-week high was 23.85 and its 52-week low was 12.01. GLT stock is 0.25% above its 52 Week Low.

Our calculations show a 200 day moving average of 18.45 and a 50 day moving average of 16.58. Currently GLT stock is trading -34.74% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  50 Top Yield Basic Materials Dividend WallStars For November By Dividend Dogcatcher

Earnings:

The last annual fiscal EPS for the company was reported at 0.17 that ended on 31st of December 2017, which according to the previous close, that is a PE of 70.82. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.35. The TTM EPS is 0.93, which comes to a TTM PE of 12.95. Historically, the PE high was 70.82 and the PE low was 9.60. If the stock reached its PE low, that would represent a price of 8.93, which is a decrease of -25.87%.

The following are the last four quarter reported earnings per share:
09-30-2018:  0.35 (estimated)
06-30-2018:  -0.10
03-31-2018:  0.19
12-31-2017:  0.34

The dividend per share is currently 0.52, which is a dividend yield of 4.32%. Also, the payout ratio is 55.91%, therefore the dividend is safe according to our calculations. GLT stock has a high dividend yield, but because the company has sufficient earnings to cover future dividends, it may be a good investment opportunity for an income portfolio.

Base on our calculations, the intrinsic value per share is 8.94, which means it may be overvalued by -34.73%

Indicators to Watch:

Based on the latest filings, there is 154.40% of institutional ownership. Short-interest is 1,504,517, which is 3.44% of shares outstanding. The short-interest ratio or days-to-cover ratio is 4.12. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.13

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -16.42%, return on assets is -6.27%, profit margin is -7.12%, price-to-sales is 0.39 and price-to-book is 0.87.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 0  :Past Performance Score
 1  :Financial Strength Score
 3  :Future Growth Score
 5  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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