Clearwater Paper (NYSE:CLW) Downgraded by TD to Hold

TD lowered shares of Clearwater Paper (NYSE:CLW) from a buy rating to a hold rating in a research report released on Wednesday,BayStreet.CA reports. TD currently has $17.00 price target on the basic materials company’s stock, down from their prior price target of $19.00.

A number of other analysts have also recently weighed in on the company. Royal Bank Of Canada lowered their price target on Clearwater Paper from $20.00 to $19.00 and set an “outperform” rating on the stock in a research report on Wednesday. Truist Financial reaffirmed a “hold” rating and issued a $12.00 target price (down from $15.00) on shares of Clearwater Paper in a report on Wednesday. TD Cowen cut shares of Clearwater Paper from a “buy” rating to a “hold” rating and set a $17.00 target price for the company. in a research report on Wednesday. Finally, TD Securities reduced their price target on shares of Clearwater Paper from $25.00 to $20.00 and set a “buy” rating on the stock in a research report on Thursday, February 19th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Clearwater Paper currently has an average rating of “Hold” and a consensus target price of $17.00.

Clearwater Paper Stock Performance

NYSE CLW opened at $12.84 on Wednesday. Clearwater Paper has a twelve month low of $11.73 and a twelve month high of $30.96. The company has a quick ratio of 1.13, a current ratio of 2.43 and a debt-to-equity ratio of 0.42. The stock has a market cap of $206.00 million, a P/E ratio of -11.47 and a beta of 0.22. The company’s 50-day simple moving average is $14.40 and its 200 day simple moving average is $16.89.

Clearwater Paper (NYSE:CLW) last announced its quarterly earnings results on Tuesday, April 28th. The basic materials company reported ($1.29) EPS for the quarter, topping analysts’ consensus estimates of ($1.32) by $0.03. Clearwater Paper had a negative net margin of 1.20% and a negative return on equity of 2.11%. The firm had revenue of $360.30 million during the quarter, compared to analysts’ expectations of $365.15 million.

Institutional Trading of Clearwater Paper

Hedge funds and other institutional investors have recently made changes to their positions in the business. Assenagon Asset Management S.A. grew its holdings in Clearwater Paper by 34.8% during the 1st quarter. Assenagon Asset Management S.A. now owns 114,013 shares of the basic materials company’s stock worth $1,640,000 after acquiring an additional 29,407 shares during the last quarter. Hsbc Holdings PLC acquired a new position in shares of Clearwater Paper during the fourth quarter worth approximately $341,000. Susquehanna Portfolio Strategies LLC grew its stake in shares of Clearwater Paper by 185.4% during the fourth quarter. Susquehanna Portfolio Strategies LLC now owns 28,162 shares of the basic materials company’s stock valued at $490,000 after purchasing an additional 18,293 shares during the last quarter. Numerai GP LLC increased its holdings in shares of Clearwater Paper by 3.0% in the fourth quarter. Numerai GP LLC now owns 60,535 shares of the basic materials company’s stock valued at $1,053,000 after purchasing an additional 1,772 shares in the last quarter. Finally, Millennium Management LLC increased its holdings in shares of Clearwater Paper by 158.1% in the fourth quarter. Millennium Management LLC now owns 360,795 shares of the basic materials company’s stock valued at $6,278,000 after purchasing an additional 221,029 shares in the last quarter. 89.98% of the stock is currently owned by institutional investors and hedge funds.

Clearwater Paper News Roundup

Here are the key news stories impacting Clearwater Paper this week:

• Positive Sentiment: Small EPS beat — Q1 EPS came in at ($1.29) versus a consensus of ($1.32), showing a modest upside to expectations. MarketBeat Q1 Results
• Positive Sentiment: Volume recovery — the company reported volume up ~5% year-over-year, indicating demand resilience despite lower market pricing. BusinessWire Q1 Release
• Neutral Sentiment: Full call and transcripts available for detail — investors can review management commentary and Q&A in the earnings call/transcripts to assess outlook and cost actions. Seeking Alpha Q1 Transcript The Motley Fool Transcript
• Negative Sentiment: Wider net loss and sales shortfall — net loss widened to $13M (‑$0.80/share) vs a $6M loss a year earlier; net sales fell to $360M and missed some analyst estimates. Those metric declines increase near-term earnings pressure. BusinessWire Q1 Release
• Negative Sentiment: Cautious FY revenue outlook — management updated FY2026 revenue expectations roughly in the ~$1.4B–$1.5B range, versus consensus around $1.5B, signaling limited near-term upside to sales and margin recovery. MarketBeat Guidance Note
• Negative Sentiment: Analyst downgrades and lower price targets — TD cut CLW from Buy to Hold and trimmed its PT to $17; Truist reaffirmed Hold and lowered its PT to $12 (below recent levels), adding downward pressure on sentiment. BayStreet: TD Downgrade Benzinga: Truist Note
• Negative Sentiment: Structural concerns highlighted by analysts — independent analysis notes high leverage, shrinking EBITDA and execution inconsistency as risks that limit confidence in a durable rebound absent sustained utilization and pricing improvement. Seeking Alpha Analysis

About Clearwater Paper

Clearwater Paper Corporation is an independent manufacturer of premium tissue and pulp and paperboard products for private-label and commercial customers in North America. The company operates through two core segments: Consumer Products, which produces bathroom tissue, paper towels and other away-from-home tissue products under private-label contracts; and Pulp & Paperboard, which supplies bleached paperboard used in folding cartons, foodservice packaging and specialty paper applications.

The Consumer Products segment services retail grocers, warehouse clubs, online merchants and janitorial distributors, leveraging multiple converting facilities to produce roll and folded tissue items for both household and institutional use.