Neenah is a fine paper and packaging company that has recently pulled back to a six month support level which offers an opportunity to accumulate these shares at a relatively low risk cost as long as proper stops are employed. Late last year the stock hit resistance several times near the $81 level before breaking through in mid November. Then after rising to near $90 per share the stock has been falling consistently back to support near $81 per share. The stock has now bounced off this level twice and Friday it headed higher once again (see chart below).
The company also increased its dividend last week informing me that management sees strength in the future of the company's fundamentals. I believe the analysts have this one wrong as they estimate little or no growth in the price of the stock. With earnings estimated at $4.51 next year and projecting a P/E ratio of 20, this could be a $90 stock.
The company also increased its dividend last week informing me that management sees strength in the future of the company's fundamentals. I believe the analysts have this one wrong as they estimate little or no growth in the price of the stock. With earnings estimated at $4.51 next year and projecting a P/E ratio of 20, this could be a $90 stock.
Neenah Paper Daily Chart
Neenah Paper, Inc. produces and sells technical products, and fine paper and packaging products worldwide. The company’s Technical Products segment provides filtration media for transportation, water, and other filtration markets; saturated and unsaturated crepe and flat paper tapes to manufacturers; lightweight abrasive paper for waterproof and dry sanding; label and tag products to pressure sensitive coaters; latex saturated and coated papers; publishing and security papers; clean room papers, durable printing papers, release papers, and furniture backers. Its Fine Paper and Packaging segment manufactures and sells writing, text, cover, and specialty papers and envelopes used in corporate identity packages, advertising collateral, premium labels and packaging, and wide format applications; This segment also offers packaging and label papers for retail, cosmetics, spirits, and electronics end-use markets; and specialty paper products for enhanced image, such as translucent and art papers, papers for optical scanning, and other specialized applications. Neenah Paper, Inc. markets its products under the JET-PRO, SofStretch, KIMDURA, MUNISING LP, PREVAIL, NEENAH, GESSNER, varitess, CLASSIC, CLASSIC CREST, ESSE, ENVIRONMENT, CAPITOL BOND, ROYAL SUNDANCE, SOUTHWORTH, CRANE'S CREST, CRANE'S BOND, CRANE'S LETTRA, SO...SILK, PLIKE, STARDREAM, ASTROBRIGHTS, and TOUCHE trademarks. The company sells its products through authorized paper distributors, converters, retailers, specialty businesses, and direct sales. Neenah Paper, Inc. was founded in 2004 and is headquartered in Alpharetta, Georgia.
(Summary) (Company) (Chart)
 Neenah Paper Monthly Chart |  Neenah Paper Dividend History |
| 1 January 2016 Price $82.65 1yr Target $82.75 Analysts 4 Dividend $1.48 Payout Ratio 36.00% 1yr Cap Gain 0.12% Yield 1.79% 1yr Tot Return 1.91% P/E 20.13 PEG 1.79 Beta 1.47 | EPS (ttm) $4.11 EPS next yr $4.51 Forward P/E 18.33 EPS next 5yr 11.25% 1yr Price Support $50.73 Market Cap $1.38 Bil Revenues $951.40 Mil Earnings $69.90 Mil Profit Margin 7.34% Quick Ratio 1.10 Current Ratio 2.20 Debt/Equity 0.60 | 1yr RevGR 5.71% 3yr RevGR 3.11% 5yr RevGR 6.18% 1yr EarnGR -26.06% 3yr EarnGR 3.56% 5yr EarnGR -21.84% 1yr DivGR 13.88% 3yr DivGR 33.71% 5yr DivGR 24.57% ROA 8.70% ROE 20.10% |
Neenah Paper (NP) declares a $0.37/share quarterly dividend which is a 12.1% increase from its prior dividend of $0.33. The forward yield is 1.8% and payable on March 2 for shareholders of record on Feb. 17. The ex-dividend date is Feb. 15.
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