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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
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
SLVM
SYLVAMO CORP
$3.45B$84.25$79.50-5.64%Hold2N/A31.21%41.00%12.65%
SUZ
SUZANO SA
$12.87B$9.87N/AN/AN/AN/AN/A2,233.33%24.80%6.56%
CLW
CLEARWATER PAPER CORP
$467.69M$28.12$48.0070.70%Hold1N/AN/AN/AN/A
ITP
IT TECH PACKAGING INC
$3.03M$0.30N/AN/AN/AN/AN/AN/AN/AN/A
MERC
MERCER INTERNATIONAL INC
$471.44M$7.05$8.2517.02%Hold2N/AN/A-2.19%-0.43%
GLT
GLATFELTER CORP
$76.72M$1.69N/AN/AN/AN/AN/AN/AN/AN/A

Paper Stocks FAQ

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

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

1. Sylvamo (NYSE:SLVM)


Sylvamo (NYSE:SLVM) is the top paper stock with a Zen Score of 43, which is 14 points higher than the paper industry average of 29. It passed 18 out of 38 due diligence checks and has strong fundamentals. Sylvamo has seen its stock return 89.5% over the past year, overperforming other paper stocks by 64 percentage points.

Sylvamo has an average 1 year price target of $79.50, a downside of -5.64% from Sylvamo's current stock price of $84.25.

Sylvamo stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts 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.

2. Suzano Sa (NYSE:SUZ)


Suzano Sa (NYSE:SUZ) is the second best paper stock with a Zen Score of 39, which is 10 points higher than the paper industry average of 29. It passed 14 out of 38 due diligence checks and has average fundamentals. Suzano Sa has seen its stock lose -13.35% over the past year, underperforming other paper stocks by -39 percentage points.

3. Clearwater Paper (NYSE:CLW)


Clearwater Paper (NYSE:CLW) is the third best paper stock with a Zen Score of 33, which is 4 points higher than the paper industry average of 29. It passed 10 out of 33 due diligence checks and has average fundamentals. Clearwater Paper has seen its stock lose -25.23% over the past year, underperforming other paper stocks by -51 percentage points.

Clearwater Paper has an average 1 year price target of $48.00, an upside of 70.7% from Clearwater Paper's current stock price of $28.12.

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.

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 4.26%, which is 1 percentage points higher than the paper industry average of 3.34%. 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 -10.1% indicates that its high 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 2.42%, which is -1 percentage points lower than the paper industry average of 3.34%. 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 889.5% indicates that its dividend yield might not be sustainable for the long-term.

Why are paper stocks up?

Paper stocks were up 0.55% in the last day, and up 2.39% over the last week.

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

What are the most undervalued paper stocks?

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

1. Sylvamo (NYSE:SLVM)


Sylvamo (NYSE:SLVM) is the most undervalued paper stock based on WallStreetZen's Valuation Score. Sylvamo has a valuation score of 57, which is 24 points higher than the paper industry average of 33. It passed 4 out of 7 valuation due diligence checks.

Sylvamo's stock has gained 89.5% in the past year. It has overperformed other stocks in the paper industry by 64 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 24 points higher than the paper industry average of 33. It passed 4 out of 7 valuation due diligence checks.

Clearwater Paper's stock has dropped -25.23% in the past year. It has underperformed other stocks in the paper industry by -51 percentage points.

3. Suzano Sa (NYSE:SUZ)


Suzano Sa (NYSE:SUZ) is the third most undervalued paper stock based on WallStreetZen's Valuation Score. Suzano Sa has a valuation score of 43, which is 10 points higher than the paper industry average of 33. It passed 3 out of 7 valuation due diligence checks.

Suzano Sa's stock has dropped -13.35% in the past year. It has underperformed other stocks in the paper industry by -39 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 rise by 13.67% 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 274.47x.
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.