International Paper Co. [IP] stock prices are up 0.53% to $45.75 at the moment. 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 7.14% over the last week, with a monthly amount glided 1.92%, 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 July 09, 2024, when Stifel initiated its Hold rating and assigned the stock a price target of $48.70. Previously, Seaport Research Partners upgraded its rating to Buy on June 28, 2024, and kept the price target unchanged to $52. On May 23, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $57 on the stock. BofA Securities upgraded its rating to a Buy and increased its price target to $42 on March 04, 2024. Argus downgraded its rating to a Hold. In a note dated September 27, 2023, Jefferies upgraded an Hold rating on this stock and boosted its target price from $26 to $33.
The stock price of International Paper Co. [IP] has been fluctuating between $30.78 and $47.40 over the past year. Currently, Wall Street analysts expect the stock to reach $57.3 within the next 12 months. International Paper Co. [NYSE: IP] shares were valued at $45.75 at the most recent close of the market. An investor can expect a potential return of 25.25% based on the average IP price forecast.
Analyzing the IP fundamentals
The International Paper Co. [NYSE:IP] reported sales of 18.52B for trailing twelve months, representing a drop of -7.99%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.95.
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 45.23 points at the first support level, and at 44.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.19, and for the 2nd resistance point, it is at 46.63.
Ratios To Look Out For
It’s worth pointing out that International Paper Co. [NYSE:IP]’s Current Ratio is 1.68. Further, the Quick Ratio stands at 1.22, while the Cash Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 0.86, the price to book ratio is 1.92 and price to earnings (TTM) ratio is 85.96.
Transactions by insiders
Recent insider trading involved SULLIVAN KATHRYN D, Director, that happened on Jul 15 ’24 when 600.0 shares were sold. Director, SULLIVAN KATHRYN D completed a deal on Jun 28 ’24 to sell 600.0 shares. Meanwhile, Director SULLIVAN KATHRYN D sold 600.0 shares on Jun 14 ’24.
