International Paper Company (NYSE:IP) went down by -0.83% from its latest closing price compared to the recent 1-year high of $65.27. The company’s stock price has collected 2.31% of gains in the last five trading sessions. Press Release reported on 10/12/21 that International Paper Announces $2 Billion Share Repurchase Program; Decreases Cash Dividend 9.8% to $1.85 per Share Annually
Is It Worth Investing in International Paper Company (NYSE :IP) Right Now?
International Paper Company (NYSE:IP) scored a price-to-earnings ratio above its average ratio, recording 19.24 x from its present earnings ratio. Plus, the 36-month beta value for IP is at 1.05. Opinions of the stock are interesting as 9 analysts out of 18 who provided ratings for International Paper Company declared the stock was a “buy,” while 0 rated the stock as “overweight,” 6 rated it as “hold,” and 3 as “sell.”
The average price from analysts is $61.85, which is $11.79 above the current price. IP currently public float of 389.72M and currently shorts hold a 2.99% ratio of that float. Today, the average trading volume of IP was 2.15M shares.
IP’s Market Performance
IP stocks went up by 2.31% for the week, with a monthly drop of -4.28% and a quarterly performance of -7.70%, while its annual performance rate touched 25.61%. The volatility ratio for the week stands at 2.39% while the volatility levels for the past 30 days are set at 2.05% for International Paper Company. The simple moving average for the period of the last 20 days is -1.00% for IP stocks with a simple moving average of -2.40% for the last 200 days.
Analysts’ Opinion of IP
Many brokerage firms have already submitted their reports for IP stocks, with Truist repeating the rating for IP by listing it as a “Hold.” The predicted price for IP in the upcoming period, according to Truist is $50 based on the research report published on October 13th of the current year 2021.
Stephens, on the other hand, stated in their research note that they expect to see IP reach a price target of $80, previously predicting the price at $58. The rating they have provided for IP stocks is “Overweight” according to the report published on June 28th, 2021.
Argus gave a rating of “Buy” to IP, setting the target price at $75 in the report published on June 11th of the current year.
IP Trading at -4.22% from the 50-Day Moving Average
After a stumble in the market that brought IP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.31% of loss for the given period.
Volatility was left at 2.05%, however, over the last 30 days, the volatility rate increased by 2.39%, as shares sank -4.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.84% lower at present.
During the last 5 trading sessions, IP rose by +2.31%, which changed the moving average for the period of 200-days by +11.93% in comparison to the 20-day moving average, which settled at $55.70. In addition, International Paper Company saw 11.18% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at IP starting from Ribieras JeanMichel, who sale 4,417 shares at the price of $57.75 back on Sep 14. After this action, Ribieras JeanMichel now owns 0 shares of International Paper Company, valued at $255,082 using the latest closing price.
SIMS JOHN V, the Senior Vice President of International Paper Company, sale 7,026 shares at $57.75 during a trade that took place back on Sep 14, which means that SIMS JOHN V is holding 0 shares at $405,752 based on the most recent closing price.
Stock Fundamentals for IP
Current profitability levels for the company are sitting at:
- +8.56 for the present operating margin
- +24.31 for the gross margin
The net margin for International Paper Company stands at +2.34. The total capital return value is set at 7.85, while invested capital returns managed to touch 2.68. Equity return is now at value 14.70, with 3.60 for asset returns.
Based on International Paper Company (IP), the company’s capital structure generated 189.30 points at debt to equity in total, while total debt to capital is 65.43. Total debt to assets is 46.88, with long-term debt to equity ratio resting at 133.32. Finally, the long-term debt to capital ratio is 46.08.
When we switch over and look at the enterprise to sales, we see a ratio of 1.41, with the company’s debt to enterprise value settled at 0.51. The receivables turnover for the company is 5.80 and the total asset turnover is 0.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.36.