At the time of writing, International Paper Co. [IP] stock is trading at $38.77, up 10.96%. An important factor to consider is whether the stock is rising or falling in short-term value. The IP shares have gain 7.31% over the last week, with a monthly amount glided 8.30%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 19, March 2024, Silvernail Elected International Paper Chief Executive Officer. In a post published today on Yahoo Finance, Sutton to continue as Chairman of the Board.
From an analyst’s perspective:
International Paper Co. [NYSE: IP] stock has seen the most recent analyst activity on March 04, 2024, when BofA Securities upgraded its rating to a Buy and also boosted its price target to $42 from $37. Previously, Argus downgraded its rating to Hold on February 26, 2024. Jefferies upgraded its rating to a Hold and increased its price target to $33 on September 27, 2023. Truist upgraded its rating to a Buy and raised its price target to $43 on September 21, 2023. BofA Securities downgraded its rating to Underperform for this stock on July 10, 2023, and downed its price target to $33. In a note dated April 28, 2023, RBC Capital Mkts upgraded an Outperform rating on this stock and revised its target price from $40 to $39.
For the past year, the stock price of International Paper Co. fluctuated between $29.00 and $38.21. Currently, Wall Street analysts expect the stock to reach $56.13 within the next 12 months. International Paper Co. [NYSE: IP] shares were valued at $38.77 at the most recent close of the market. An investor can expect a potential return of 44.78% based on the average IP price forecast.
Analyzing the IP fundamentals
According to International Paper Co. [NYSE:IP], the company’s sales were 18.92B for trailing twelve months, which represents an -10.36% plunge. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.94.
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 36.54 points at the first support level, and at 34.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.92, and for the 2nd resistance point, it is at 41.08.
International Paper Co. [IP] reported earnings per share of $0.41 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.34/share, meaning a difference of $0.07 and a surprise factor of 20.60%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.64 per share as compared to estimates of $0.58 per share, a difference of $0.06 representing a surprise of 10.30%.
Ratios To Look Out For
It is important to note that International Paper Co. [NYSE:IP] has a current ratio of 1.67. On the other hand, the Quick Ratio is 1.19, and the Cash Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 0.71, the price to book ratio is 1.61 and price to earnings (TTM) ratio is 45.17.
Transactions by insiders
Recent insider trading involved SULLIVAN KATHRYN D, Director, that happened on Mar 15 ’24 when 600.0 shares were sold. Senior Vice President, Royalty James P Jr. completed a deal on Feb 28 ’24 to sell 5800.0 shares. Meanwhile, Director SULLIVAN KATHRYN D sold 600.0 shares on Feb 28 ’24.
