Fortress 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?
Where is Fortress Paper's stock going? Where will Fortress Paper's stock price be in 2017?
2 brokerages have issued 12 month target prices for Fortress Paper's shares. Their forecasts range from C$6.00 to C$8.00. On average, they anticipate 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?
Some companies that are related to Fortress Paper include Xtreme Drilling Corp (XDC), NeuLion (NLN), Mandalay Resources Corp. (MND), Granite Oil Corp (GXO), Alexco Resource Corp. (AXR), NewCastle Gold Ltd (NCA), Ecosynthetix (ECO), Bellatrix Exploration Ltd (BXE), Black Diamond Group Ltd (BDI), Gear Energy Ltd (GXE), Stuart Olson (SOX), North American Energy Partners (NOA), Street Capital Group (SCB), Cipher Pharmaceuticals (CPH), Copper Mountain Mining Co.. (CMMC), Nautilus Minerals (NUS), Urthecast Corp (UR) and Platinum Group Metals Limited (PTM).
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)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.
Consensus Ratings for Fortress Paper (TSE:FTP) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 5/15/2017 | Raymond James Financial, Inc. | Lower Price Target | Outperform | C$9.00 -> C$8.00 |  |
| 11/16/2016 | Scotiabank | Boost Price Target | Underperform | C$4.50 -> C$6.00 | |
(Data available from 7/27/2015 forward)
Earnings History for Fortress Paper (TSE:FTP)Earnings History by Quarter for Fortress Paper (TSE FTP)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/14/2017 | | | | | | | N/A | |
| 8/6/2014 | | ($0.83) | ($1.26) | | $67.26 million | View | N/A | |
| 5/12/2014 | | ($0.83) | ($1.67) | | $53.86 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Fortress Paper (TSE:FTP)2017 EPS Consensus Estimate: $0.71
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.10 | $0.18 | $0.14 |
| Q2 2017 | 2 | $0.07 | $0.15 | $0.11 |
| Q3 2017 | 1 | $0.15 | $0.15 | $0.15 |
| Q4 2017 | 1 | $0.31 | $0.31 | $0.31 |
(Data provided by Zacks Investment Research)
Dividend History for Fortress Paper (TSE:FTP)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Fortress Paper (TSE:FTP)Insider Trades by Quarter for Fortress Paper (TSE:FTP)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/16/2017 | Marco Veilleux | Director | Sell | 700 | C$6.26 | C$4,382.00 | |
| 3/31/2017 | Giovanni Iadeluca | Director | Buy | 2,200 | C$8.26 | C$18,172.00 | |
| 3/30/2017 | Ezra Gardner | Director | Buy | 600 | C$8.25 | C$4,950.00 | |
| 3/29/2017 | Ezra Gardner | Director | Buy | 1,900 | C$8.16 | C$15,504.00 | |
| 3/28/2017 | Ezra Gardner | Director | Buy | 800 | C$8.05 | C$6,440.00 | |
| 3/27/2017 | Ezra Gardner | Director | Buy | 5,000 | C$8.16 | C$40,800.00 | |
| 6/8/2016 | Marco Veilleux | Director | Sell | 2,200 | C$3.59 | C$7,898.00 | |
| 6/7/2016 | Yvon Pelletier | Director | Buy | 44,600 | C$3.90 | C$173,940.00 | |
| 9/11/2015 | Kurt Loewen | Insider | Sell | 3,750 | C$4.70 | C$17,625.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Fortress Paper (TSE:FTP)
Latest Headlines for Fortress Paper (TSE:FTP)
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Fortress Paper (FTP) Chart for Thursday, July, 27, 2017
