Research that Identifies
Undiscovered Value in the MicroCap Market



ORCHIDS PAPER PRODUCTS COMPANY

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Market Data: Yahoo Finance, Bloomberg, SEC Filings

Report Link: Updated Research Report (Dated 08/25/2017)

Symbol: TIS
Analyst: John Nobile
Taglich Rating: Speculative Buy
Price Target: $15.50
Time Horizon: 12 Months
Rating Established: November 30, 2010
Price When Established: $13.13
Most Recent Report: August 25, 2017
Price When Issued: $10.00


What's New

Orchids Paper Products Announces Q3 Results

On November 7, 2017, Orchids Paper Products Company (NYSE American: TIS) announced results for its third quarter ended September 30, 2017.

For the quarter, the company reported that net sales increased 14% to $45 million from $39.6 million in the comparable period in 2016. The company reported net income of $705,000 or $0.07 per share versus net income of $2.2 million or $0.21 per share in 3Q16.


Orchids Paper Products Acquires Major New Business Award

On August 31, 2017, Orchids Paper Products Company (NYSE MKT: TIS) announced it acquired a major new business award from a new customer. The new business is for ultra-premium products, which are expected to be produced principally in Orchid’s new plant in Barnwell, SC, and which the company believes will substantially improve capacity utilization and allow Orchids to take advantage of operating leverage. Volume from this customer is expected to rank it as one of Orchids’ top five customers when fully implemented. Shipments are expected to begin in late 4Q17 with full implementation in 2Q18.

The company expects this new business, combined with business that was announced earlier in 2017 and with prior existing volumes, should equate to an annual sales run-rate of between $220 million and $240 million when fully implemented in 2Q18.


Company Description

Headquartered in Pryor, Oklahoma, Orchids Paper Products manufactures bulk tissue paper, known as parent rolls, and converts parent rolls into a full line of tissue products, including paper towels, bathroom tissue and paper napkins for the private label segment of the consumer, or at home, market. The Company has focused its product design and manufacturing on the discount retail market, primarily the dollar store retailers, due to their consistent order patterns, limited number of stock keeping units offered and the growth being experienced in this channel of the retail market.


Company Reports

Updated Research Report (Dated August 25, 2017)
Updated Research Report (Dated May 31, 2017)
Updated Research Report (Dated November 23, 2016)
Updated Research Report (Dated May 23, 2016)
Updated Research Report (Dated April 4, 2016)
Updated Research Report (Dated December 22, 2015)
Updated Research Report (Dated August 31, 2015)
Updated Research Report (Dated July 2, 2015)
Updated Research Report (Dated March 26, 2015)
Updated Research Report (Dated November 13, 2014)
Updated Research Report (Dated August 21, 2014)
Updated Research Report (Dated May 19, 2014)
Updated Research Report (Dated March 27, 2014)
Updated Research Report (Dated November 14, 2013)
Updated Research Report (Dated August 19, 2013)
Updated Research Report (Dated May 22, 2013)
Updated Research Report (Dated March 28, 2013)
Updated Research Report (Dated November 21, 2012)
Updated Research Report (Dated August 24, 2012)
Updated Research Report (Dated May 15, 2012)
Updated Research Report (Dated April 12, 2012)
Updated Research Report (Dated December 2, 2011)
Updated Research Report (Dated September 7, 2011)
Updated Research Report (Dated May 19, 2011)
Updated Research Report (Dated March 29, 2011)
Updated Research Report (Dated November 30, 2010)
Updated Research Report (Dated August 10, 2010)
Updated Research Report (Dated May 25, 2010)
Updated Research Report (Dated April 8, 2010)
Updated Research Report (Dated December 2, 2009)
Updated Earnings Note (Dated October 30, 2009)
Updated Research Note (Dated August 3, 2009)
Updated Research Update (Dated June 1, 2009)
Updated Earnings Note (Dated May 1, 2009)
Updated Research Report (Dated March 27, 2009)
Updated Earnings Note (Dated February 26, 2009)
Updated Research Report (Dated November 25, 2008)
Updated Earnings Note (Dated October 30, 2008)
Updated Research Report (Dated September 9, 2008)
Updated Earnings Note (Dated August 6, 2008)
Updated Research Report (Dated May 28, 2008)
Updated Earnings Note (Dated May 1, 2008)
Initial Research Report (Dated April 7, 2008)

Disclaimer

Please view our current disclosure and disclaimer on our most recent research report.