A share price of International Paper Co. [IP] is currently trading at $45.46, up 2.94%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The IP shares have gain 11.86% over the last week, with a monthly amount glided 35.62%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
International Paper Co. [NYSE: IP] stock has seen the most recent analyst activity on May 23, 2024, when Jefferies upgraded its rating to a Buy and also boosted its price target to $57 from $38. Previously, BofA Securities upgraded its rating to Buy on March 04, 2024, and elevated its price target to $42. On February 26, 2024, downgrade downgraded it’s rating to Hold. Jefferies upgraded its rating to a Hold and raised its price target to $33 on September 27, 2023. Truist upgraded its rating to Buy for this stock on September 21, 2023, and upped its price target to $43. In a note dated July 10, 2023, BofA Securities downgraded an Underperform rating on this stock and revised its target price from $35 to $33.
International Paper Co. experienced fluctuations in its stock price throughout the past year between $29.00 and $44.50. Currently, Wall Street analysts expect the stock to reach $56.22 within the next 12 months. International Paper Co. [NYSE: IP] shares were valued at $45.46 at the most recent close of the market. An investor can expect a potential return of 23.67% based on the average IP price forecast.
Analyzing the IP fundamentals
Trailing Twelve Months sales for International Paper Co. [NYSE:IP] were 18.52B which represents -7.99% decline. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.95.
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 44.44 points at the first support level, and at 43.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.29, and for the 2nd resistance point, it is at 47.12.
Ratios To Look Out For
To put it in perspective, the Current Ratio for International Paper Co. [NYSE:IP] is 1.68. As well, the Quick Ratio is 1.22, while the Cash Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 0.85, the price to book ratio is 1.91 and price to earnings (TTM) ratio is 85.42.
Transactions by insiders
Recent insider trading involved SULLIVAN KATHRYN D, Director, that happened on May 15 ’24 when 600.0 shares were sold. Director, SULLIVAN KATHRYN D completed a deal on Apr 30 ’24 to sell 600.0 shares. Meanwhile, Director SULLIVAN KATHRYN D sold 600.0 shares on Apr 15 ’24.
