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Home โบ Stocks โบ Magnera Corp. (GLT) Stock Forecast & Price Prediction United States | NYSE | Basic Materials | Paper & Paper Products
$12.75
-0.46 (-3.48%)Did GLT Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Glatfelter is one of their latest high-conviction picks.
Comprehensive analyst forecasts are currently unavailable for GLT. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for GLT.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Jul 26, 2021 | BMO Capital | Mark Wilde | Outperform | Upgrade | $17.00 |
May 10, 2021 | BMO Capital | Mark Wilde | Market Perform | Maintains | $17.00 |
Apr 20, 2021 | BMO Capital | Mark Wilde | Market Perform | Downgrade | $19.00 |
Feb 13, 2019 | BMO Capital | Mark Wilde | Outperform | Maintains | $18.00 |
Oct 10, 2018 | Sidoti & Co. | Buy | Maintains | $25.00 | |
Aug 23, 2018 | BMO Capital | Mark Wilde | Outperform | Maintains | $26.00 |
Jan 21, 2015 | Deutsche Bank | Hold | Downgrade | $27.00 | |
Oct 30, 2013 | Deutsche Bank | Hold | Maintains | $28.00 | |
Jul 30, 2013 | DA Davidson | Buy | Maintains | $34.00 | |
May 1, 2013 | DA Davidson | Buy | Maintains | $30.00 | |
Apr 11, 2013 | DA Davidson | Buy | Maintains | $28.00 | |
Mar 27, 2013 | Deutsche Bank | Buy | Maintains | $26.00 | |
Mar 14, 2013 | DA Davidson | Buy | Maintains | $25.00 | |
Feb 8, 2013 | DA Davidson | Buy | Maintains | $23.00 |
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Magnera Corp. has a market capitalization of $73.67M with a P/E ratio of -0.6x. The company generates $1.31B in trailing twelve-month revenue with a -5.1% profit margin.
Revenue growth is +0.7% quarter-over-quarter, while maintaining an operating margin of +0.9% and return on equity of -30.7%.
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Produces high-performance glass and glazing systems.
Magnera Corp. generates revenue through the production and distribution of advanced glass solutions tailored for the architectural, automotive, and solar energy sectors. The company focuses on innovative manufacturing processes and R&D to meet the growing demand for energy-efficient and sustainable glazing technologies.
Magnera Corp. is committed to sustainability and reducing the carbon footprint in urban development. Its strong emphasis on quality and reliability has established it as a trusted provider in the global market for glazing solutions, positioning the company for continued growth and influence in the industry.
Basic Materials
Paper & Paper Products
2,867
Mr. Thomas M. Fahnemann
United States
1984
Glatfelter Corporation has completed its merger with Berry Global's Health, Hygiene and Specialties Nonwovens and Films business, forming Magnera, the largest nonwovens company, trading as "MAGN" from Nov. 5, 2024.
The merger creates the world's largest nonwovens company, potentially enhancing market share and operational efficiency, impacting stock performance and investor sentiment positively.
The transaction closing and transition to Magnera is set for November 4th.
The November 4th transition to Magnera signals a key operational change, likely impacting financial performance, strategy, and investor sentiment around the company's future prospects.
GLT reported a widened loss in Q3 due to rising input costs and market volatility, but noted strategic shifts and growth in the Spunlace segment indicate resilience.
GLT's widened loss highlights rising costs and market volatility, affecting profitability. However, growth in the Spunlace segment suggests potential for recovery and strategic resilience.
Glatfelter has announced a reverse stock split ratio and the anticipated effective date for this action.
A reverse stock split can indicate a companyโs attempt to boost its stock price and improve its market perception, potentially impacting investor sentiment and stock liquidity.
Glatfelter's shareholders have approved the merger with Berry Global's Health, Hygiene, and Specialties Nonwovens and Films business, as detailed in the proxy statement.
Glatfelter's merger approval indicates strategic growth, potentially enhancing market position and profitability, which could positively influence stock performance and investor sentiment.
Berry Global Group will spin off its Health, Hygiene and Specialties business, merging it with Glatfelter on November 4, 2024. Glatfelter will undergo a reverse stock split and rename to Magnera Corporation.
The spin-off and merger could reshape Berry and Glatfelter's market positions, affecting stock valuations and investor sentiment, while the reverse stock split may impact share liquidity.
Analyst forecasts for Magnera Corp. (GLT) are not currently available. The stock is trading at $12.75.
According to current analyst ratings, GLT has 2 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $12.75. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for GLT are not currently available. The stock is trading at $12.75.
Magnera Corp. generates revenue through the production and distribution of advanced glass solutions tailored for the architectural, automotive, and solar energy sectors. The company focuses on innovative manufacturing processes and R&D to meet the growing demand for energy-efficient and sustainable glazing technologies.
Price targets from Wall Street analysts for GLT are not currently available. The stock is trading at $12.75.
Price targets from Wall Street analysts for GLT are not currently available. The stock is trading at $12.75.
The overall analyst consensus for GLT is neutral. Out of 2 Wall Street analysts, 2 rate it as Buy, 2 as Hold, and 0 as Sell.
Stock price projections, including those for Magnera Corp., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.