GlatfelterEscalating demand for packaged food, home deliveries, and a rise in e-Commerce has led to increased demand in the paper industry in 2020. Paper stocks are sustainable, and earnings upsides are likely for the major industry players. Glatfelter Co. (NYSE: GLT) is an American manufacturer of paper and fiber-based engineered materials. It develops everything from food and beverage papers to metalized products and wall coverings. It has a dividend and growth potential for investors.

Glatfelter has generated two years of consistent revenue growth, ending 2019 with a 7.09% year over year increase in sales. It operates with a gross profit margin of 15.21% and an EBITDA margin of 10.45%. Profitability allows it to return a dividend to investors with a 3.82% yield at today’s price.

Analysts are confident of a stock price upside, especially considering the current economic climate and high demand for paper products. There’s a target price of $20.50 on this stock today. Paper is a sustainable product and fits right into an environmentally-conscious portfolio. This bargain stock is perfect for alternative investors in October.

Key Data:

  • 1 Year Price Growth: 69%
  • YTD Price Growth: -22.73%
  • 3 Month Price Growth: -7.82%

All information is based on current and historical market data, as well as publicly available financial data. As with any financial decision, your own research is important. Stock market outcomes can never be 100% accurately predicted. Familiarity with historical data, individual industries, and individual stocks is key to developing a robust portfolio. Note that stock prices can fluctuate rapidly during trading sessions.