Clearwater Paper Corporation (CLW): Why Are Analysts Bullish on This Lumber Stock Now? [Yahoo! Finance]
Clearwater Paper Corporation (CLW)
Last clearwater paper corporation earnings: 2/26 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.clearwaterpaper.com/investor-relations
Company Research
Source: Yahoo! Finance
The lumber market has faced considerable volatility in recent years, driven by a confluence of dynamic and interconnected factors. In 2021, lumber prices surged to unprecedented levels due to the COVID-19 pandemic disrupting supply chains, a surge in home construction boosting demand, and logistical challenges further straining the market. However, this peak was followed by a dramatic price correction as these extraordinary conditions began to stabilize. Currently, lumber prices have plummeted 75% from their May 2021 record high of $1,514 per thousand board feet to just $366, closely matching pre-pandemic levels. The futures market has mirrored this decline, with contract prices for July falling 28% to $466. The following chart by U.S. Bureau of Labor Statistics clearly depicts the change in lumber prices over a five year horizon. The sharp drop in lumber prices reflects a slowdown in both new home construction and renovations, largely due to high home prices and elevated mortgage
Show less
Read more
Impact Snapshot
Event Time:
CLW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CLW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CLW alerts
High impacting Clearwater Paper Corporation news events
Weekly update
A roundup of the hottest topics
CLW
News
- Clearwater Paper Announces Upcoming Investor Conference Participation [Yahoo! Finance]Yahoo! Finance
- Clearwater Paper Announces Upcoming Investor Conference ParticipationBusiness Wire
- Clearwater Paper Co. (NYSE: CLW) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Clearwater Paper Co. (NYSE: CLW) had its price target raised by analysts at Royal Bank of Canada from $42.00 to $48.00. They now have a "sector perform" rating on the stock.MarketBeat
- Clearwater Paper Corporation (CLW) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
CLW
Sec Filings
- 8/6/24 - Form 10-Q
- 8/6/24 - Form 8-K
- 7/22/24 - Form 8-K
- CLW's page on the SEC website