International Paper Company (NYSE:IP) went down by -0.38% from its latest closing price compared to the recent 1-year high of $62.28. The company’s stock price has collected -1.69% of loss in the last five trading sessions. MarketWatch.com reported on 02/03/22 that WHO report points to tons of dangerous COVID-19 refuse — these waste-management stocks are poised to gain from it
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 15.22 x from its present earnings ratio. Plus, the 36-month beta value for IP is at 0.90. Opinions of the stock are interesting as 4 analysts out of 15 who provided ratings for International Paper Company declared the stock was a “buy,” while 0 rated the stock as “overweight,” 9 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $52.00, which is $4.5 above the current price. IP currently public float of 369.42M and currently shorts hold a 2.75% ratio of that float. Today, the average trading volume of IP was 3.33M shares.
IP’s Market Performance
IP stocks went down by -1.69% for the week, with a monthly jump of 2.14% and a quarterly performance of 1.08%, while its annual performance rate touched -18.02%. The volatility ratio for the week stands at 2.74% while the volatility levels for the past 30 days are set at 2.72% for International Paper Company. The simple moving average for the period of the last 20 days is -0.01% for IP stocks with a simple moving average of -3.72% for the last 200 days.
Analysts’ Opinion of IP
BofA Securities, on the other hand, stated in their research note that they expect to see IP reach a price target of $155, previously predicting the price at $160. The rating they have provided for IP stocks is “Neutral” according to the report published on January 20th, 2022.
Jefferies gave a rating of “Hold” to IP, setting the target price at $55 in the report published on November 01st of the previous year.
IP Trading at 4.35% 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 -23.46% of loss for the given period.
Volatility was left at 2.72%, however, over the last 30 days, the volatility rate increased by 2.74%, as shares surge +2.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.51% upper at present.
During the last 5 trading sessions, IP fell by -1.69%, which changed the moving average for the period of 200-days by -18.85% in comparison to the 20-day moving average, which settled at $47.72. In addition, International Paper Company saw 1.47% 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 INTERNATIONAL PAPER CO /NEW/, who sale 4,132,000 shares at the price of $34.75 back on Apr 21. After this action, INTERNATIONAL PAPER CO /NEW/ now owns 4,614,358 shares of International Paper Company, valued at $143,587,000 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:
- +7.64 for the present operating margin
- +22.97 for the gross margin
The net margin for International Paper Company stands at +5.79.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.71.