International Paper Company [IP] stock is trading at $36.71, up 1.44%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The IP shares have gain 0.55% over the last week, with a monthly amount glided 11.34%, and seem to be holding up well over a long-time horizon.
On 21, November 2022, IP Women Come Together To Promote Diversity and Inclusion in the Forest Sector. In a post published today on Yahoo Finance, International Paper Company:
From an analyst’s perspective:
International Paper Company [NYSE: IP] stock has seen the most recent analyst activity on October 18, 2022, when Deutsche Bank downgraded its rating to a Sell and also revised its price target to $29 from $44. Previously, Jefferies downgraded its rating to Underperform on September 16, 2022, and dropped its price target to $31. On July 18, 2022, downgrade downgraded it’s rating to Equal Weight and revised its price target to $47 on the stock. Citigroup downgraded its rating to a Neutral and decreased its price target to $46 on June 21, 2022. Seaport Research Partners downgraded its rating to a Neutral. BofA Securities downgraded its rating to Neutral for this stock on January 20, 2022, and downed its price target to $155. In a note dated November 01, 2021, Jefferies downgraded an Hold rating on this stock and revised its target price from $80 to $55.
International Paper Company [IP] stock has fluctuated between $30.69 and $50.23 over the past year. Currently, Wall Street analysts expect the stock to reach $35.46 within the next 12 months. International Paper Company [NYSE: IP] shares were valued at $36.71 at the most recent close of the market. An investor can expect a potential drop of -3.41% based on the average IP price forecast.
Analyzing the IP fundamentals
Gross Margin for this corporation currently stands at +22.97% with Operating Margin at +7.64%, Pretax Margin comes in at +5.16%, and Net Margin reading is +5.79%.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 36.34 points at the first support level, and at 35.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.01, and for the 2nd resistance point, it is at 37.31.
International Paper Company [IP] reported earnings per share of $1.01 for its fiscal quarter that ended on 9/29/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.21/share, meaning a difference of -$0.2 and a surprise factor of -16.50%. By comparison, the stated earnings for the previous quarter ended on 6/29/2022 were $1.24 per share as compared to estimates of $1.08 per share, a difference of $0.16 representing a surprise of 14.80%.
Ratios To Look Out For
For context, International Paper Company’s Current Ratio is 1.40. Further, the Quick Ratio stands at 1.27, while the Cash Ratio is 0.37. Considering the valuation of this stock, the price to sales ratio is 0.95, the price to book ratio is 1.96 and the P/E (TTM) ratio is 6.96.
Transactions by insiders
Insider trading, which has resulted in 0 insider purchases of 0 shares and 1 insider sales of 7,500 shares in the past three months, is now the topic of our analysis. Recent insider trading involved Nicholls Timothy S, Senior Vice President, that happened on Oct 31 when 7500.0 shares were sold. 10% Owner, INTERNATIONAL PAPER CO /NEW/ completed a deal on Sep 12 to sell 4.61 million shares. Meanwhile, Vice President & Controller Goughnour Holly G. sold 2155.0 shares on Aug 16.