BMO Capital upgraded Glatfelter from Market Perform to Outperform and set a new price target of $17.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/26/2021 | $17.00 | Market Perform → Outperform | BMO Capital |
8-K - Magnera Corp (0000041719) (Filer)
S-8 POS - Magnera Corp (0000041719) (Filer)
S-8 POS - Magnera Corp (0000041719) (Filer)
4 - Magnera Corp (0000041719) (Issuer)
4 - Magnera Corp (0000041719) (Issuer)
4 - Magnera Corp (0000041719) (Issuer)
4 - Glatfelter Corp (0000041719) (Issuer)
4 - Glatfelter Corp (0000041719) (Issuer)
CHARLOTTE, N.C., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE:GLT) is pleased to announce the successful completion of the merger between Berry Global Group Inc.'s (NYSE:BERY) Health, Hygiene and Specialties Global Nonwovens and Films business (the "HHNF Business") and Glatfelter, resulting in the creation of Magnera (NYSE:MAGN) (pronounced ‘Mag-nair-uh'), the largest nonwovens company in the world, with a broad platform of solutions for the specialty materials industry. Magnera will begin trading on the NYSE under the new ticker symbol "MAGN" on Tuesday, November 5, 2024. Curt Begle, CEO of Magnera stated, "We are thrilled to announce the completion of this merger and t
2024 Third Quarter Highlights: Generated net sales of ~$332 million and a GAAP net loss from continuing operations of $20.0 millionDelivered Adjusted EBITDA of $24.6 million, compared to $25.5 million in Q3 2023Spunlace generated $4.8 million EBITDA despite hurricane downtime, a $2.5 million increase over Q3 '23Airlaid Materials achieved EBITDA of $18.0 million, a $0.7 million decrease from Q3 '23Composite Fibers delivered EBITDA of $10.1 million, a $1.1 million decrease from Q3 '23, due to new sanctions CHARLOTTE, N.C., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE:GLT), a leading global supplier of engineered materials, today announced its financial results for the
Glatfelter Announces Reverse Stock Split Ratio and Anticipated Effective Date Glatfelter Corporation (NYSE:GLT) ("Glatfelter") and Berry Global Group, Inc. (NYSE:BERY) ("Berry") announced today that Glatfelter's shareholders have approved all matters relating to the merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films business ("HHNF Business") with Glatfelter required to be approved by Glatfelter shareholders, as described in the proxy statement/prospectus provided to its shareholders in connection with the Special Meeting. At the Special Meeting of Glatfelter Shareholders held earlier today, Glatfelter shareholders voted to approve the share issuance proposal, th
~ Kevin M. Fogarty to serve as Non-Executive Chair of the Board of Directors for the proposed newly combined company ~ James M. Till to serve as Executive Vice President, Chief Financial Officer & Treasurer ~ Tarun Manroa to serve as Executive Vice President, Chief Operating Officer CHARLOTTE, N.C., April 11, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE:GLT), a leading global supplier of engineered materials, in anticipation of the previously announced proposed merger of the majority of Berry Global's Health, Hygiene, and Specialties segment to include its Global Nonwovens and Films ("HHNF") business with Glatfelter, is pleased to announce today key leadership appointments, in
CHARLOTTE, N.C., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE:GLT), a leading global supplier of engineered materials, today announced that Mr. Lee C. Stewart has resigned from the Company's Board of Directors, effective September 25, 2023, citing reasons unrelated to the Company for his departure. The Company noted that this resignation is not related to Glatfelter's operations, financial reporting or controls, or personal conduct. "On behalf of Glatfelter's Board of Directors and our management team, we thank Lee for his longstanding service and deep commitment to the Company," said Mr. Thomas Fahnemann, President and Chief Executive Officer. "We greatly appreciate th
CHARLOTTE, N.C., April 05, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE:GLT), a leading global supplier of engineered materials, today announced that Mr. Boris Illetschko has been appointed to the role of Senior Vice President, Chief Operating Officer. He replaces the Company's current Senior Vice President, Chief Commercial Officer, Mr. Christopher W. Astley, and Senior Vice President, Integrated Global Supply Chain and IT, Mr. Wolfgang Laures, both of whom will leave the Company effective immediately. The Company noted that these changes are not related to Glatfelter's operations, financial reporting or controls, or personal conduct. "Since joining Glatfelter, I have assessed t
SC 13D/A - Magnera Corp (0000041719) (Subject)
SC 13G/A - Magnera Corp (0000041719) (Subject)
SC 13D/A - Glatfelter Corp (0000041719) (Subject)
BMO Capital upgraded Glatfelter from Market Perform to Outperform and set a new price target of $17.00
BMO Capital reiterated coverage of Glatfelter with a rating of Market Perform and set a new price target of $17.00 from $19.00 previously
BMO Capital downgraded Glatfelter from Outperform to Market Perform and set a new price target of $19.00 from $21.00 previously
2024 Third Quarter Highlights: Generated net sales of ~$332 million and a GAAP net loss from continuing operations of $20.0 millionDelivered Adjusted EBITDA of $24.6 million, compared to $25.5 million in Q3 2023Spunlace generated $4.8 million EBITDA despite hurricane downtime, a $2.5 million increase over Q3 '23Airlaid Materials achieved EBITDA of $18.0 million, a $0.7 million decrease from Q3 '23Composite Fibers delivered EBITDA of $10.1 million, a $1.1 million decrease from Q3 '23, due to new sanctions CHARLOTTE, N.C., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE:GLT), a leading global supplier of engineered materials, today announced its financial results for the
~ Received Required Antitrust Regulatory Clearances and IRS ruling for Announced Merger ~~ Achieved Meaningful Year-over-Year EBITDA Improvement ~ 2024 Second Quarter Highlights: Generated net sales of ~$329 million and a GAAP net loss from continuing operations of $15.8 millionDelivered $25.6 million of Adjusted EBITDA, an $8.3 million increase over Q2 2023Achieved increased EBITDA over Q2 2023 in Composite Fibers and Spunlace by $4.9 million and $3.4 million, respectively, offset by lower EBITDA in Airlaid Materials by $2.3 million CHARLOTTE, N.C., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE:GLT), a leading global supplier of engineered materials, today reported fi
CHARLOTTE, N.C., July 16, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE:GLT) announced today that it expects to issue its 2024 second-quarter results on Thursday, August 8, 2024. Management will hold a conference call at 11:00 AM (ET) that morning to discuss the Company's results. Glatfelter's earnings release and an accompanying financial supplement, which includes significant financial information to be discussed on the conference call, will be available on its Investor Relations website at https://www.glatfelter.com/investors/. What:Q2 2024 Glatfelter Earnings Conference Call When:Thursday, August 8, 2024, 11:00 a.m. (ET) Participant Dial-in Number:(323) 794-2423 (800) 289