The International Paper Company (NYSE:IP) is trading at 0.00% in today’s trading session. A news came out on 08/14/19 stating that These stocks rose the most as Trump backed off (a bit) from tariffs by MARKETWATCH. The lowest point that the shares touched during the trading session was $40.91, while the peak of the day was recorded at a share price of $41.785. IP finished the previous session at $41.19 according to the data provided by Barchart, while the trading volume was observed to be $796,190.
In the 100 days of trading, IP managed to top a 42.45% Moving average. Additionally, International Paper Company shares have achieved a 52-week range between 36.45 and 54.95 alongside 100 days raw stochastic set at 48.56%.
The number of shares outstanding, according to the fundamentals of the company, is set at 398.20M, equal to the value of $16.40B in market capitalization. In the last 30 days, International Paper Company shares went down by -5.27%, adding 43.46 to growth in value, on top of a +12.95% boost since 08/19/19.
International Paper Company (NYSE:IP) Analyst’s Estimates
International Paper Company (IP) could record at least $1.01 per share in quarterly earnings in the upcoming report on 10/31/2019, a number that would actually represent a decrease of -9.48% YOY.
According to the average analyst rating, International Paper Company would be rated as Hold. Out of 15 different analysts monitoring IP stock, 4 analysts rate the stock as a BUY, 9 suggest to give the rating of HOLD, 1 indicate that IP is an OVERWEIGHT, 1 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On Jul-15-19, the stock earned a Downgrade rating due to a new analyst call from KeyBanc Capital Markets, while analysts from Citigroup believe that the stock is set at Neutral from Buy, as concluded on Jul-11-19. Stephens, is still rather wary about the stock, deciding to keep the rating at Equal-Weight as confirmed through a call on Jun-24-19.
RBC Capital Mkts, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Apr-05-19, giving the stock a Sector Perform from the Outperform rating.
IP Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +27.71% has been attained, while the operating margin has been recorded at +12.86%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 4.94%. Beta value of the stock is recorded at 1.55. Additionally, International Paper Company is recording price volatility of 2.51% for the period of the last seven days and 2.34% in the last 30 days.
International Paper Company (NYSE:IP) Technical Outlook
For the period of the last 50 days, International Paper Company had its Raw Stochastic average set at 48.56% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 67.33%. Stochastic %K for International Paper Company, with the last 20 days included, was set at 70.28%, having Stochastic %D topping 76.95%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for International Paper Company stocks with recording 2.06% in metrics.
International Paper Company Insider Watch:
Similarly, 83.74% of the company’s float is held by institutions – and there are 1,155 institutions in total holding shares of this company. The top three institutional holders of IP stocks are: Blackrock Inc. with ownership of $1.66 billion, which is approximately 38,244,035 of the company’s shares; Vanguard Group, Inc. (The), holding 32,455,172 shares of the stock with an approximate value of $1.41 billion; and State Street Corporation, currently with more than 25,293,183 shares of the company valued at $1.1 billion. Positions in International Paper Company stocks held by institutional investors has been changing actively in the past six months, a period during which there were 10 insider purchases amounting to 57,630 shares. Similarly, there were 4 sale transactions amounting to 73,507 shares, with the net shares purchased during the last six months reaching -15,877.