P.H. Glatfelter Co. (GLT) Trading 2.3% Higher
P.H. Glatfelter Co. (NYSE:GLT) shares traded up 2.3% during trading on Thursday . The stock traded as high as $22.19 and last traded at $22.19, with a volume of 53,211 shares. The stock had previously closed at $21.70.
Several research analysts have commented on the stock. Zacks Investment Research raised shares of P.H. Glatfelter from a “sell” rating to a “hold” rating in a research note on Thursday, August 4th. Deutsche Bank AG reaffirmed a “hold” rating on shares of P.H. Glatfelter in a research note on Wednesday, June 15th. Finally, TheStreet downgraded shares of P.H. Glatfelter from a “buy” rating to a “hold” rating in a research note on Wednesday, July 6th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $22.50.
The company has a 50-day moving average of $21.05 and a 200 day moving average of $20.18. The stock has a market cap of $960.65 million and a P/E ratio of 14.71.
P.H. Glatfelter (NYSE:GLT) last announced its quarterly earnings data on Tuesday, August 2nd. The company reported $0.06 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.03. The company had revenue of $406.40 million for the quarter, compared to the consensus estimate of $411.22 million. The company’s revenue was down 1.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.04 earnings per share. On average, analysts anticipate that P.H. Glatfelter Co. will post $1.48 EPS for the current year.
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