News headlines about P H Glatfelter (NYSE:GLT) have trended somewhat positive recently, according to Alpha One Sentiment. The research group, a division of Accern, identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. P H Glatfelter earned a media sentiment score of 0.19 on Alpha One’s scale. Alpha One also assigned news stories about the basic materials company an impact score of 90 out of 100, indicating that recent media coverage is very likely to have an impact on the company’s share price in the near future.
Shares of P H Glatfelter (NYSE:GLT) opened at 18.35 on Wednesday. The stock has a 50 day moving average price of $19.99 and a 200-day moving average price of $22.22. P H Glatfelter has a 52-week low of $17.50 and a 52-week high of $25.59. The stock has a market capitalization of $799.29 million, a price-to-earnings ratio of 47.91 and a beta of 1.33.
P H Glatfelter (NYSE:GLT) last issued its quarterly earnings results on Tuesday, May 2nd. The basic materials company reported $0.39 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.02. The business had revenue of $390.70 million during the quarter, compared to the consensus estimate of $400.65 million. P H Glatfelter had a net margin of 1.34% and a return on equity of 8.85%. The firm’s quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.37 EPS. On average, equities research analysts predict that P H Glatfelter will post $1.35 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 1st. Investors of record on Monday, July 3rd will be given a $0.13 dividend. The ex-dividend date is Thursday, June 29th. This represents a $0.52 annualized dividend and a dividend yield of 2.83%. P H Glatfelter’s dividend payout ratio (DPR) is presently 104.17%.
A number of equities analysts have commented on the company. Zacks Investment Research raised P H Glatfelter from a “sell” rating to a “hold” rating in a report on Tuesday, April 25th. ValuEngine raised P H Glatfelter from a “hold” rating to a “buy” rating and set a $14.75 target price for the company in a report on Thursday, May 11th. BMO Capital Markets upgraded P H Glatfelter from a “market perform” rating to an “outperform” rating and upped their price target for the company from $23.00 to $24.00 in a research report on Monday, May 15th. Finally, TheStreet lowered P H Glatfelter from a “b-” rating to a “c” rating in a research report on Tuesday, February 7th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. P H Glatfelter has a consensus rating of “Hold” and an average target price of $22.69.
About P H Glatfelter
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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