Last $61.06 USD
Change Today -0.69 / -1.12%
Volume 95.8K
CLW On Other Exchanges
Symbol
Exchange
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As of 8:04 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

clearwater paper corp (CLW) Snapshot

Open
$61.53
Previous Close
$61.75
Day High
$62.04
Day Low
$61.05
52 Week High
01/29/15 - $75.69
52 Week Low
02/5/15 - $58.43
Market Cap
1.2B
Average Volume 10 Days
145.9K
EPS TTM
$3.13
Shares Outstanding
19.1M
EX-Date
--
P/E TM
19.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for CLEARWATER PAPER CORP (CLW)

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clearwater paper corp (CLW) Details

Clearwater Paper Corporation produces and sells private label tissue and bleached paperboard products in the United States and internationally. The company operates through two segments, Consumer Products, and Pulp and Paperboard. The Consumer Products segment manufactures and sells a line of at-home tissue products, including bathroom tissues, paper towels, facial tissues, and napkins; recycled fiber value grade products; and away-from-home products, such as conventional one- and two-ply bath tissues, two-ply paper towels, hard wound towels, and dispenser napkins. This segment sells its products to retailers and wholesale distributors, including grocery, drug, mass merchants, and discount stores. The Pulp and Paperboard segment provides bleached paperboard, folding cartons, liquid packaging paperboards, cup, plate, commercial printing grades, and hardwood and softwood pulp products. It sells its products to packaging converters through sales offices; and to commercial printers through distribution. Clearwater Paper Corporation is headquartered in Spokane, Washington.

clearwater paper corp (CLW) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $700.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $416.7K
Senior Vice President and President of Consum...
Total Annual Compensation: $450.0K
Senior Vice President and President of the Pu...
Total Annual Compensation: $350.0K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $341.7K
Compensation as of Fiscal Year 2013.

clearwater paper corp (CLW) Key Developments

Clearwater Paper Corporation Reports Unaudited Consolidated Financial Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Adjusted Tax Rate Guidance for the Year 2015

Clearwater Paper Corporation reported unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2014. The company reported net sales of $472.3 million for the fourth quarter of 2014, compared to net sales of $470.2 million for the fourth quarter of 2013. The net loss determined in accordance with generally accepted accounting principles, or GAAP, for the fourth quarter of 2014 was $27.2 million, or $1.39 per diluted share, compared to net earnings of $82.9 million, or $3.87 per diluted share, for the fourth quarter of 2013. The 2014 fourth quarter GAAP net loss included an after-tax loss of $36.3 million associated with the divestiture of the company’s Consumer Products specialty mills, $2.0 million of after-tax intangible asset impairment, $1.3 million of after-tax expense associated with the mark-to-market impact of directors equity-based compensation and $2.5 million of after-tax expense associated with the closing of the company’s Thomaston, Georgia, and Long Island, New York, converting and distribution facilities. Excluding those items, fourth quarter 2014 adjusted net earnings were $15.0 million, or $0.77 per diluted share, compared to fourth quarter 2013 adjusted net earnings of $23.1 million, or $1.09 per diluted share. Earnings before interest, taxes, depreciation and amortization, or EBITDA, was $5.8 million for the fourth quarter of 2014. Adjusted EBITDA of $54.5 million was down 16.7% compared to fourth quarter 2013 Adjusted EBITDA of $65.4 million. The decrease in EBITDA and Adjusted EBITDA was due primarily to higher operating costs associated with fiber, transportation, energy and maintenance, more than offsetting increased average prices and volumes. Loss from operations was $17,768,000 against income of $38,289,000 a year ago. Loss before income taxes was $25,926,000 against earnings of $27,037,000 a year ago. For the year, the company reported net sales of $1,967,139,000 against $1,889,830,000 a year ago. Income from operations was $79,811,000 against $99,328,000 a year ago. Earnings before income taxes were $16,241,000 against $38,234,000 a year ago. Net loss was $2,315,000 or $0.11 per diluted share against earnings of $106,955,000 or $4.80 per diluted share a year ago. Net cash flows from operating activities were $139,100,000 against $136,357,000 a year ago. Additions to plant and equipment were $93,028,000 against $90,593,000 a year ago. Adjusted EBITDA was $238,511,000 against $199,661,000 a year ago. Adjusted net earnings were $69,827,000 or $3.47 per diluted share against $43,581,000 or $1.96 per diluted share a year ago. The company expects its annual GAAP and adjusted tax rates to be approximately 37% for 2015. For 2015, capital expenditures, the pursuit of the CPD cost structure improvements will require more capital investment than recent capital spending levels. So the outlook for capital investment in 2015 is $155 million. The plan includes a previously mentioned $85 million of strategic capital plus $70 million in base maintenance CapEx.

Clearwater Paper Corporation, Q4 2014 Earnings Call, Feb 04, 2015

Clearwater Paper Corporation, Q4 2014 Earnings Call, Feb 04, 2015

Clearwater Paper Corporation Presents at Vertical Research Partners' Paper and Packaging Conference, Nov-19-2014 03:35 PM

Clearwater Paper Corporation Presents at Vertical Research Partners' Paper and Packaging Conference, Nov-19-2014 03:35 PM. Venue: New York, New York, United States.

 

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CLW

Industry Average

Valuation CLW Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.6x
Price/Book 2.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.3x
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