International Paper Co. [IP] stock is trading at $48.57, down -0.14%. 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 3.83% over the last week, with a monthly amount drifted -0.98%, and not 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 August 14, 2024, when Argus upgraded its rating to a Buy but kept the price target unchanged to $52 for it. Previously, Stifel started tracking the stock with Hold rating on July 09, 2024, and set its price target to $48.70. On June 28, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $52 on the stock. Jefferies upgraded its rating to a Buy and increased its price target to $57 on May 23, 2024. BofA Securities upgraded its rating to a Buy and raised its price target to $42 on March 04, 2024. Argus downgraded its rating to Hold for this stock on February 26, 2024.
International Paper Co. [IP] stock has fluctuated between $31.76 and $50.68 over the past year. Currently, Wall Street analysts expect the stock to reach $57.2 within the next 12 months. International Paper Co. [NYSE: IP] shares were valued at $48.57 at the most recent close of the market. An investor can expect a potential return of 17.77% based on the average IP price forecast.
Analyzing the IP fundamentals
International Paper Co. [NYSE:IP] reported sales of 18.57B for the trailing twelve months, which represents a growth of 1.11%. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.05 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.91.
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 48.26 points at the first support level, and at 47.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 48.92, and for the 2nd resistance point, it is at 49.27.
Ratios To Look Out For
For context, International Paper Co.’s Current Ratio is 1.59. Further, the Quick Ratio stands at 1.17, while the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 0.91, the price to book ratio is 1.96 and price to earnings (TTM) ratio is 37.27.
Transactions by insiders
Recent insider trading involved SULLIVAN KATHRYN D, Director, that happened on Oct 15 ’24 when 600.0 shares were sold. Director, SULLIVAN KATHRYN D completed a deal on Sep 30 ’24 to sell 600.0 shares. Meanwhile, Director SULLIVAN KATHRYN D sold 600.0 shares on Sep 16 ’24.
