P.H. Glatfelter Co. (GLT) Stock Price Up 2.3%
P.H. Glatfelter Co. (NYSE:GLT) rose 2.3% during mid-day trading on Thursday . The company traded as high as $22.19 and last traded at $22.19, with a volume of 53,211 shares traded. The stock had previously closed at $21.70.
GLT has been the topic of a number of recent analyst reports. TheStreet lowered shares of P.H. Glatfelter from a “buy” rating to a “hold” rating in a report on Wednesday, July 6th. Zacks Investment Research lowered shares of P.H. Glatfelter from a “hold” rating to a “sell” rating in a report on Thursday, July 21st. Finally, Deutsche Bank AG reissued a “hold” rating on shares of P.H. Glatfelter in a report on Wednesday, May 18th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $22.50.
The company has a market capitalization of $961.52 million and a PE ratio of 14.72. The company has a 50 day moving average of $20.98 and a 200-day moving average of $20.13.
P.H. Glatfelter (NYSE:GLT) last released its earnings results on Tuesday, August 2nd. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.03 by $0.03. During the same period last year, the firm posted $0.04 EPS. The company earned $406.40 million during the quarter, compared to analysts’ expectations of $411.22 million. P.H. Glatfelter’s quarterly revenue was down 1.1% compared to the same quarter last year. Equities analysts predict that P.H. Glatfelter Co. will post $1.48 earnings per share for the current year.
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