Media coverage about P H Glatfelter (NYSE:GLT) has been trending somewhat positive recently, Accern reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. P H Glatfelter earned a coverage optimism score of 0.07 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 47.5025656039377 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern’s analysis:
P H Glatfelter (NYSE GLT) traded down $0.50 during mid-day trading on Monday, hitting $19.70. The stock had a trading volume of 217,856 shares, compared to its average volume of 169,672. P H Glatfelter has a 52 week low of $16.53 and a 52 week high of $24.20. The company has a quick ratio of 0.94, a current ratio of 1.70 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $858.65, a price-to-earnings ratio of 115.88, a PEG ratio of 3.01 and a beta of 1.38.
P H Glatfelter (NYSE:GLT) last posted its earnings results on Tuesday, February 6th. The basic materials company reported $0.34 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.02. P H Glatfelter had a return on equity of 7.48% and a net margin of 0.50%. The company had revenue of $399.92 million for the quarter, compared to analyst estimates of $392.23 million. During the same quarter last year, the company earned $0.40 earnings per share. The company’s revenue for the quarter was up 2.3% on a year-over-year basis. research analysts expect that P H Glatfelter will post 1.34 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Thursday, February 1st. Stockholders of record on Wednesday, January 3rd were issued a $0.13 dividend. The ex-dividend date was Tuesday, January 2nd. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.64%. P H Glatfelter’s dividend payout ratio is presently 305.88%.
A number of equities research analysts have commented on GLT shares. TheStreet raised P H Glatfelter from a “c+” rating to a “b-” rating in a research note on Tuesday, December 26th. ValuEngine raised P H Glatfelter from a “hold” rating to a “buy” rating in a research note on Thursday, November 2nd. Finally, Zacks Investment Research raised P H Glatfelter from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a research note on Friday, January 26th. One analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $21.58.
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P H Glatfelter Company Profile
P. H. Glatfelter Company is a manufacturer of specialty papers and fiber-based engineered materials. The Company operates through three business units: Composite Fibers, Advanced Airlaid Materials and Specialty Papers. Its Composite Fibers business unit is engaged in the sale of single-serve tea and coffee filtration papers, non-woven wallcovering materials, metallized papers, composite laminates papers, and various technically special papers, including substrates for electrical applications.
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