International Paper Co [IP] stock prices are down -1.91% to $56.06 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 2.62% over the last week, with a monthly amount drifted -4.14%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Exane BNP Paribas downgraded its rating to Underperform on November 13, 2024, and kept the price target unchanged to $48.20. On August 14, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $52 on the stock. Stifel started tracking the stock assigning a Hold rating and suggested a price target of $48.70 on July 09, 2024. Seaport Research Partners upgraded its rating to a Buy but $52 remained the price target by the analyst firm on June 28, 2024. Jefferies upgraded its rating to Buy for this stock on May 23, 2024, and upped its price target to $57. In a note dated March 04, 2024, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $37 to $42.
The stock price of International Paper Co [IP] has been fluctuating between $33.16 and $60.36 over the past year. Currently, Wall Street analysts expect the stock to reach $61.5 within the next 12 months. International Paper Co [NYSE: IP] shares were valued at $56.06 at the most recent close of the market. An investor can expect a potential return of 9.7% based on the average IP price forecast.
Analyzing the IP fundamentals
The International Paper Co [NYSE:IP] reported sales of 18.62B for trailing twelve months, representing a drop of -0.46%. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.07 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 0.72.
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 55.20 points at the first support level, and at 54.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 57.01, and for the 2nd resistance point, it is at 57.95.
Ratios To Look Out For
It’s worth pointing out that International Paper Co [NYSE:IP]’s Current Ratio is 1.49. Further, the Quick Ratio stands at 1.08, while the Cash Ratio is 0.27. Considering the valuation of this stock, the price to sales ratio is 1.59, the price to book ratio is 2.26 and price to earnings (TTM) ratio is 35.63.
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.
