P.H. Glatfelter (NYSE:GLT) is one of those "toil in obscurity" companies that can put together good multiyear runs on the back of a perpetual willingness to restructure operations away from commoditzed products and toward value-added market opportunities that can support high single-digit returns on invested capital. While the market isn't ultimately going to care much (if at all) that Glatfelter's recent issues weren't entirely within management's control, this looks like a reasonable opportunity to acquire shares of a solid company in a largely overlooked sector.
Missing Again In Q2
With second quarter results, Glatfelter logged its fourth straight quarter of earnings per share below sell-side expectations and its third straight revenue miss. The market has not responded particularly...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|
|PRO Top long ideas returned 21.7% in 2016**|