WallStreetZenWallStreetZen

Sectors & IndustriesBasic MaterialsPaper & Paper Products
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
SUZ
SUZANO SA
$16.73B$12.83N/AN/AN/AN/AN/AN/AN/AN/A
CLW
CLEARWATER PAPER CORP
$724.30M$43.94N/AN/AN/AN/AN/AN/AN/AN/A
SLVM
SYLVAMO CORP
$2.55B$61.94$50.00-19.28%Hold2N/AN/AN/AN/A
ITP
IT TECH PACKAGING INC
$2.43M$0.26N/AN/AN/AN/AN/AN/AN/AN/A
MERC
MERCER INTERNATIONAL INC
$673.23M$10.12$10.00-1.19%Hold1N/AN/AN/AN/A
GLT
GLATFELTER CORP
$85.78M$1.90N/AN/AN/AN/AN/AN/AN/AN/A

Paper Stocks FAQ

What are the best paper stocks to buy right now in Mar 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 46, which is 20 points higher than the paper industry average of 26. It passed 17 out of 38 due diligence checks and has strong fundamentals. Suzano Sa has seen its stock return 59.58% over the past year, overperforming other paper stocks by 31 percentage points.

2. Clearwater Paper (NYSE:CLW)


Clearwater Paper (NYSE:CLW) is the second best paper stock with a Zen Score of 40, which is 14 points higher than the paper industry average of 26. It passed 12 out of 33 due diligence checks and has average fundamentals. Clearwater Paper has seen its stock return 31.09% over the past year, overperforming other paper stocks by 2 percentage points.

3. Sylvamo (NYSE:SLVM)


Sylvamo (NYSE:SLVM) is the third best paper stock with a Zen Score of 22, which is -4 points lower than the paper industry average of 26. It passed 9 out of 38 due diligence checks and has weak fundamentals. Sylvamo has seen its stock return 32.01% over the past year, overperforming other paper stocks by 3 percentage points.

Sylvamo has an average 1 year price target of $50.00, a downside of -19.28% from Sylvamo's current stock price of $61.94.

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.

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 2.96%, which is 1 percentage points higher than the paper industry average of 2.41%. 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 -8.2% 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 1.86%, which is -1 percentage points lower than the paper industry average of 2.41%. 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 10.9% indicates that its dividend yield is sustainable for the long-term.

Why are paper stocks up?

Paper stocks were up 2.21% in the last day, and up 3.78% 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 2 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 57, which is 29 points higher than the paper industry average of 28. It passed 4 out of 7 valuation due diligence checks.

Suzano Sa's stock has gained 59.58% in the past year. It has overperformed other stocks in the paper industry by 31 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 29 points higher than the paper industry average of 28. It passed 4 out of 7 valuation due diligence checks.

Clearwater Paper's stock has gained 31.09% in the past year. It has overperformed other stocks in the paper industry by 2 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 -16.74% 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 6.11x.
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.