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Best Paper Stocks to Buy Now (2024)
Top paper stocks in 2024 ranked by overall Zen Score. See the best paper stocks to buy now, according to analyst forecasts for the paper & paper products industry.

Industry: Paper & Paper Products
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
SUZ
SUZANO SA
NYSE
Paper & Paper Products
$11.82B$9.06-0.88%$4.40B6.74x2.21
CLW
CLEARWATER PAPER CORP
NYSE
Paper & Paper Products
$846.10M$50.73-1.53%$262.00M8.44x1.45
SLVM
SYLVAMO CORP
NYSE
Paper & Paper Products
$2.85B$69.26-1.54%$471.00M14.49x2.15
ITP
IT TECH PACKAGING INC
NYSEMKT
Paper & Paper Products
$2.52M$0.25-9.09%$4.39M-0.23x0.17
MERC
MERCER INTERNATIONAL INC
NASDAQ
Paper & Paper Products
$562.87M$8.42-2.32%$5.12M-2.45x3.54
GLT
GLATFELTER CORP
NYSE
Paper & Paper Products
$72.86M$1.61-1.83%$49.76M-0.79x5.79

Paper Stocks FAQ

What are the best paper stocks to buy right now in Jun 2024?

According to Zen Score, the 3 best paper product stocks to buy right now are:

1. Suzano Sa (NYSE:SUZ)


Suzano Sa (NYSE:SUZ) is the top paper stock with a Zen Score of 50, which is 20 points higher than the paper industry average of 30. It passed 19 out of 38 due diligence checks and has strong fundamentals. Suzano Sa has seen its stock lose -5.92% over the past year, underperforming other paper stocks by -50 percentage points.

2. Clearwater Paper (NYSE:CLW)


Clearwater Paper (NYSE:CLW) is the second best paper stock with a Zen Score of 45, which is 15 points higher than the paper industry average of 30. It passed 14 out of 33 due diligence checks and has strong fundamentals. Clearwater Paper has seen its stock return 64.44% over the past year, overperforming other paper stocks by 21 percentage points.

Clearwater Paper has an average 1 year price target of $42.00, a downside of -17.21% from Clearwater Paper's current stock price of $50.73.

Clearwater Paper stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Clearwater Paper, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Sylvamo (NYSE:SLVM)


Sylvamo (NYSE:SLVM) is the third best paper stock with a Zen Score of 37, which is 7 points higher than the paper industry average of 30. It passed 15 out of 38 due diligence checks and has average fundamentals. Sylvamo has seen its stock return 57.37% over the past year, overperforming other paper stocks by 14 percentage points.

Sylvamo has an average 1 year price target of $63.00, a downside of -9.04% from Sylvamo's current stock price of $69.26.

Sylvamo stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Sylvamo, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the paper stocks with highest dividends?

Out of 2 paper stocks that have issued dividends in the past year, the 2 paper stocks with the highest dividend yields are:

1. Mercer International (NASDAQ:MERC)


Mercer International (NASDAQ:MERC) has an annual dividend yield of 3.56%, which is the same as the paper industry average of 3.1%. Mercer International's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Mercer International's dividend has not shown consistent growth over the last 10 years.

Mercer International's dividend payout ratio of -8.7% indicates that its dividend yield might not be sustainable for the long-term.

2. Suzano Sa (NYSE:SUZ)


Suzano Sa (NYSE:SUZ) has an annual dividend yield of 2.64%, which is the same as the paper industry average of 3.1%. Suzano Sa's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Suzano Sa's dividend has shown consistent growth over the last 10 years.

Suzano Sa's dividend payout ratio of 17.8% indicates that its dividend yield is sustainable for the long-term.

Why are paper stocks down?

Paper stocks were down -1.56% in the last day, and down -0.8% over the last week.

We couldn't find a catalyst for why paper stocks are down.

What are the most undervalued paper stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued paper stocks right now are:

1. Suzano Sa (NYSE:SUZ)


Suzano Sa (NYSE:SUZ) is the most undervalued paper stock based on WallStreetZen's Valuation Score. Suzano Sa has a valuation score of 71, which is 35 points higher than the paper industry average of 36. It passed 5 out of 7 valuation due diligence checks.

Suzano Sa's stock has dropped -5.92% in the past year. It has underperformed other stocks in the paper industry by -50 percentage points.

2. Clearwater Paper (NYSE:CLW)


Clearwater Paper (NYSE:CLW) is the second most undervalued paper stock based on WallStreetZen's Valuation Score. Clearwater Paper has a valuation score of 57, which is 21 points higher than the paper industry average of 36. It passed 4 out of 7 valuation due diligence checks.

Clearwater Paper's stock has gained 64.44% in the past year. It has overperformed other stocks in the paper industry by 21 percentage points.

3. Sylvamo (NYSE:SLVM)


Sylvamo (NYSE:SLVM) is the third most undervalued paper stock based on WallStreetZen's Valuation Score. Sylvamo has a valuation score of 43, which is 7 points higher than the paper industry average of 36. It passed 3 out of 7 valuation due diligence checks.

Sylvamo's stock has gained 57.37% in the past year. It has overperformed other stocks in the paper industry by 14 percentage points.

Are paper stocks a good buy now?

100% of paper stocks rated by analysts are a hold right now. On average, analysts expect paper stocks to fall by -10.44% over the next year.

What is the average p/e ratio of the paper & paper products industry?

The average P/E ratio of the paper & paper products industry is 7.84x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.