Fortress Paper Company Profile (TSE:FTP)

About Fortress Paper (TSE:FTP)

Fortress Paper logoFortress Paper Ltd. is a Canada-based producer of specialty pulp, security papers and other security related products. The Company operates through two segments: the Dissolving Pulp and the Security Paper Products. The Company operates its dissolving pulp business through the Fortress Specialty Cellulose (FSC) mill located in Thurso, Quebec, Canada, which also operates in the renewable energy generation sector through its cogeneration facility. The Company is engaged in the production of dissolving pulp for viscose/rayon manufacturers in Asia. The Company operates its security paper products business through the Landqart mill located in Switzerland, where it produces banknote, passport, visa and other brand protection and security papers. The FSC mill has an annual production capacity of approximately 200,000 tons of dissolving pulp. The Company offers security composite banknote paper under the brand name, Durasafe.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: C$90.17 million
  • Outstanding Shares: 14,312,000
Average Prices:
  • 50 Day Moving Avg: C$6.39
  • 200 Day Moving Avg: C$7.40
  • 52 Week Range: C$3.50 - C$8.70
P/E:
  • Trailing P/E Ratio: 5.45
  • P/E Growth: 0.17
Sales & Book Value:
  • Annual Revenue: C$343.46 million
  • Price / Sales: 0.26
  • Book Value: C$14.96 per share
  • Price / Book: 0.42
Profitability:
  • EBIDTA: C$27.48 million
  • Net Margins: -2.97%
  • Return on Equity: -5.19%
  • Return on Assets: -2.26%
Misc:
  • Average Volume: 8,389 shs.
  • Short Ratio: 15.63
 
Frequently Asked Questions for Fortress Paper (TSE:FTP)

What is Fortress Paper's stock symbol?

Fortress Paper trades on the Tornton Stock Exchange (TSX) under the ticker symbol "FTP."

When will Fortress Paper make its next earnings announcement?

Fortress Paper is scheduled to release their next quarterly earnings announcement on Monday, August, 14th 2017. View Earnings Estimates for Fortress Paper.

Where is Fortress Paper's stock going? Where will Fortress Paper's stock price be in 2017?

2 brokers have issued twelve-month price objectives for Fortress Paper's stock. Their predictions range from C$6.00 to C$8.00. On average, they expect Fortress Paper's stock price to reach C$7.00 in the next year. View Analyst Ratings for Fortress Paper.

Who are some of Fortress Paper's key competitors?

Who are Fortress Paper's key executives?

Fortress Paper's management team includes the folowing people:

  • Chadwick Wasilenkoff, Executive Chairman of the Board
  • Yvon Pelletier, President, Chief Executive Officer
  • Kurt Loewen, Chief Financial Officer
  • Danial Buckle, Finance Director, Corporate Secretary
  • Giovanni Iadeluca, President, Dissolving Pulp Segment
  • Axel W. Wappler, Chief Executive Officer - Security Paper Products Business
  • Marco Veilleux, Vice President - Business Development and Strategic Projects
  • Joe Nemeth, Lead Independent Director
  • Gerry Gaetz, Director
  • Ezra M. Gardner, Director

How do I buy Fortress Paper stock?

Shares of Fortress Paper and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is Fortress Paper's stock price today?

One share of Fortress Paper stock can currently be purchased for approximately C$6.30.


MarketBeat Community Rating for Fortress Paper (TSE FTP)
Community Ranking:  1.5 out of 5 ( )
Outperform Votes:  63 (Vote Outperform)
Underperform Votes:  147 (Vote Underperform)
Total Votes:  210
MarketBeat's community ratings are surveys of what our community members think about Fortress Paper and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Fortress Paper (TSE:FTP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: C$7.00

Analysts' Ratings History for Fortress Paper (TSE:FTP)
Show:
DateFirmActionRatingPrice TargetDetails
5/15/2017Raymond James Financial, Inc.Lower Price TargetOutperformC$9.00 -> C$8.00View Rating Details
11/16/2016ScotiabankBoost Price TargetUnderperformC$4.50 -> C$6.00View Rating Details
(Data available from 7/27/2015 forward)

Earnings

Earnings History for Fortress Paper (TSE:FTP)
Earnings by Quarter for Fortress Paper (TSE:FTP)
Earnings History by Quarter for Fortress Paper (TSE FTP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/14/2017N/AView Earnings Details
8/6/2014($0.83)($1.26)$67.26 millionViewN/AView Earnings Details
5/12/2014($0.83)($1.67)$53.86 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Fortress Paper (TSE:FTP)
2017 EPS Consensus Estimate: $0.71
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.10$0.18$0.14
Q2 20172$0.07$0.15$0.11
Q3 20171$0.15$0.15$0.15
Q4 20171$0.31$0.31$0.31
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Fortress Paper (TSE:FTP)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Fortress Paper (TSE:FTP)
Insider Trades by Quarter for Fortress Paper (TSE:FTP)
Insider Trades by Quarter for Fortress Paper (TSE:FTP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/16/2017Marco VeilleuxDirectorSell700C$6.26C$4,382.00
3/31/2017Giovanni IadelucaDirectorBuy2,200C$8.26C$18,172.00
3/30/2017Ezra GardnerDirectorBuy600C$8.25C$4,950.00
3/29/2017Ezra GardnerDirectorBuy1,900C$8.16C$15,504.00
3/28/2017Ezra GardnerDirectorBuy800C$8.05C$6,440.00
3/27/2017Ezra GardnerDirectorBuy5,000C$8.16C$40,800.00
6/8/2016Marco VeilleuxDirectorSell2,200C$3.59C$7,898.00
6/7/2016Yvon PelletierDirectorBuy44,600C$3.90C$173,940.00
9/11/2015Kurt LoewenInsiderSell3,750C$4.70C$17,625.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Fortress Paper (TSE:FTP)
Latest Headlines for Fortress Paper (TSE:FTP)
Source:
DateHeadline
finance.yahoo.com logoFortress Paper to Release Second Quarter 2017 Earnings
finance.yahoo.com - July 21 at 11:14 PM
businesswire.com logoGlobal Banknote Market Report: 2017 Edition - Research and Markets
www.businesswire.com - July 12 at 7:32 PM
finance.yahoo.com logoFortress Paper Announces Voting Results for Its 2017 Annual General and Special Meeting
finance.yahoo.com - May 25 at 7:31 PM
americanbankingnews.com logoFortress Paper Ltd. (FTP) Price Target Lowered to C$8.00 at Raymond James Financial, Inc.
www.americanbankingnews.com - May 15 at 8:20 PM
finance.yahoo.com logoEdited Transcript of FTP.TO earnings conference call or presentation 12-May-17 4:30pm GMT
finance.yahoo.com - May 13 at 9:21 AM
finance.yahoo.com logoFortress Paper Announces First Quarter 2017 Results
finance.yahoo.com - May 11 at 11:00 PM
finance.yahoo.com logoFortress Paper Announces Positive Outcome From WTO Panel Decision on Chinese Anti-Dumping Measures
finance.yahoo.com - April 25 at 4:57 PM
finance.yahoo.com logoWTO largely upholds Canadian complaint over China pulp trade
finance.yahoo.com - April 25 at 11:17 AM
finance.yahoo.com logoOTC Markets Group Welcomes Fortress Paper to OTCQX - Yahoo Finance
finance.yahoo.com - April 24 at 8:06 AM
finance.yahoo.com logoOTC Markets Group Welcomes Fortress Paper to OTCQX
finance.yahoo.com - April 24 at 8:06 AM
finance.yahoo.com logoFortress Paper to Commence Trading on the OTCQX Market in the United States
finance.yahoo.com - April 21 at 5:21 PM
finance.yahoo.com logoFortress Paper to Release First Quarter 2017 Earnings
finance.yahoo.com - April 20 at 10:27 PM
americanbankingnews.com logoGiovanni Iadeluca Acquires 2,200 Shares of Fortress Paper Ltd. (FTP) Stock
www.americanbankingnews.com - April 4 at 5:03 PM
americanbankingnews.com logoEzra Gardner Acquires 5,000 Shares of Fortress Paper Ltd. (FTP) Stock
www.americanbankingnews.com - March 30 at 4:31 PM
americanbankingnews.com logoFortress Paper Ltd. (FTP) PT Set at C$9.00 by Raymond James Financial, Inc.
www.americanbankingnews.com - March 21 at 2:30 PM
biz.yahoo.com logoQ4 2016 Fortress Paper Ltd Earnings Release - After Market Close
biz.yahoo.com - March 20 at 7:24 PM
americanbankingnews.com logoFortress Paper Ltd. (FTP) to Release Earnings on Monday
www.americanbankingnews.com - March 17 at 9:06 PM
finance.yahoo.com logoFortress Announces New Durasafe(R) Banknote Customer
finance.yahoo.com - March 16 at 6:37 PM
benzinga.com logoFortress Paper to Release Fourth Quarter 2016 Earnings - Benzinga
www.benzinga.com - February 22 at 11:14 AM
feeds.benzinga.com logoFortress Paper to Release Fourth Quarter 2016 Earnings
feeds.benzinga.com - February 21 at 8:16 PM
finance.yahoo.com logoFortress Paper Announces Early Repayment of $25,000,000 Debenture
finance.yahoo.com - February 3 at 5:43 PM
baystreet.ca logoRocky Mountain, Fortress at 52-Week High - Baystreet.ca
www.baystreet.ca - January 21 at 5:15 PM
finance.yahoo.com logoFortress Paper Announces $40,000,000 Credit Agreement
finance.yahoo.com - January 20 at 6:38 PM
rttnews.com logoCanadian Stocks Are Down Slightly Despite Rising Resources - Canadian Commentary - RTT News
www.rttnews.com - January 19 at 3:49 AM
finance.yahoo.com logoFortress Paper Adopts Shareholder Rights Plan
finance.yahoo.com - January 17 at 7:47 AM
finance.yahoo.com logoFortress Paper Announces Agreement With its Executive Chairman
finance.yahoo.com - December 20 at 9:41 PM
marketwatch.com logoFortress Paper Announces Amendment to Investissement Quebec Warrants - MarketWatch
www.marketwatch.com - December 12 at 10:30 PM
finance.yahoo.com logoFortress Paper Announces Amendment to Investissement Quebec Warrants
finance.yahoo.com - December 12 at 11:34 AM
finance.yahoo.com logoFortress Paper Announces Hemicellulose Separation Project at its Dissolving Pulp Mill
finance.yahoo.com - November 29 at 5:08 PM
finance.yahoo.com logoFortress Paper Announces Third Quarter 2016 Results
finance.yahoo.com - November 15 at 8:29 AM
finance.yahoo.com logoFortress Paper Announces $19.7 Million Investment in Birch Project at Its Dissolving Pulp Mill
finance.yahoo.com - November 14 at 5:25 PM
biz.yahoo.com logoQ3 2016 Fortress Paper Ltd Earnings Release - After Market Close
biz.yahoo.com - November 14 at 9:05 AM
finance.yahoo.com logoFortress Paper to Release Third Quarter 2016 Earnings
finance.yahoo.com - October 25 at 10:02 AM
finance.yahoo.com logoFortress Paper Announces Appointment of Giovanni Iadeluca as President of Its Dissolving Pulp Segment
finance.yahoo.com - September 1 at 5:01 PM
finance.yahoo.com logoFortress Paper Announces Completion of Purchases Under Normal Course Issuer Bid
finance.yahoo.com - August 19 at 8:02 AM
finance.yahoo.com logoFortress Paper Announces Second Quarter 2016 Results and Appointment of Director
finance.yahoo.com - August 9 at 8:02 AM

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Chart

Fortress Paper (FTP) Chart for Thursday, July, 27, 2017

This page was last updated on 7/27/2017 by MarketBeat.com Staff