At the time of writing, International Paper Co [IP] stock is trading at $53.89, down -0.37%. 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 1.97% over the last week, with a monthly amount drifted -1.59%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
International Paper Co [NYSE: IP] stock has seen the most recent analyst activity on November 13, 2024, when Exane BNP Paribas downgraded its rating to a Underperform but kept the price target unchanged to $48.20 for it. Previously, Argus upgraded its rating to Buy on August 14, 2024, and kept the price target unchanged to $52. On July 09, 2024, Stifel initiated with a Hold rating and assigned a price target of $48.70 on the stock. Seaport Research Partners upgraded its rating to a Buy but stick to its price target of $52 on June 28, 2024. Jefferies upgraded its rating to a Buy and raised its price target to $57 on May 23, 2024. BofA Securities upgraded its rating to Buy for this stock on March 04, 2024, and upped its price target to $42. In a note dated February 26, 2024, Argus downgraded an Hold rating on this stock.
For the past year, the stock price of International Paper Co fluctuated between $32.70 and $60.36. Currently, Wall Street analysts expect the stock to reach $55.2 within the next 12 months. International Paper Co [NYSE: IP] shares were valued at $53.89 at the most recent close of the market. An investor can expect a potential return of 2.43% based on the average IP price forecast.
Analyzing the IP fundamentals
According to International Paper Co [NYSE:IP], the company’s sales were 18.64B for trailing twelve months, which represents an 1.58% jump. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.0%, 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.65.
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 53.26 points at the first support level, and at 52.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 54.23, and for the 2nd resistance point, it is at 54.58.
Ratios To Look Out For
It is important to note that International Paper Co [NYSE:IP] has a current ratio of 1.53. As well, the Quick Ratio is 1.11, while the Cash Ratio is 0.27. Considering the valuation of this stock, the price to sales ratio is 1.00, the price to book ratio is 2.17 and price to earnings (TTM) ratio is 45.82.
Transactions by insiders
Recent insider trading involved SULLIVAN KATHRYN D, Director, that happened on Nov 29 ’24 when 600.0 shares were sold. Director, SULLIVAN KATHRYN D completed a deal on Nov 29 ’24 to buy 600.0 shares. Meanwhile, Director SULLIVAN KATHRYN D sold 600.0 shares on Nov 15 ’24.
