Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

Glatfelter Rolls With The Punches And Changes With The Times

When I last wrote on Glatfelter (NYSE:GLT), I liked the company but wasn't eager to jump into the stock at that price. With the shares up only about 2% since then, the relative valuation is quite a bit more interesting today. I do have some concerns about the company's input costs and the historical ROICs and book value growth, but the company stacks up well within the paper segment and I believe management's ability to move the company with the times will serve investors well over time.

Operating Issues Impacting Results

Glatfelter hasn't had the best experience of late in terms of its plant operations. A fire damaged a mill in Canada back in August of 2013 and...

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