International Paper Co. (NYSE: IP) has a price-to-earnings ratio of 44.62x that is above its average ratio. Additionally, the 36-month beta value for IP is 0.99. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 5 rating it as “overweight,” 7 rating it as “hold,” and 1 rating it as “sell.”
The public float for IP is 341.56M and currently, short sellers hold a 2.63% ratio of that float. The average trading volume of IP on April 08, 2024 was 4.56M shares.
IP) stock’s latest price update
International Paper Co. (NYSE: IP)’s stock price has gone decline by -0.92 in comparison to its previous close of 38.66, however, the company has experienced a -1.86% decrease in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-27 that International Paper (IP) makes an all-stock offer for British paper and packaging company, DS Smith, valued at 5.72 billion pounds ($7.22 billion).
IP’s Market Performance
International Paper Co. (IP) has seen a -1.86% fall in stock performance for the week, with a 6.76% gain in the past month and a 2.78% surge in the past quarter. The volatility ratio for the week is 1.80%, and the volatility levels for the past 30 days are at 3.12% for IP. The simple moving average for the last 20 days is 0.49% for IP’s stock, with a simple moving average of 9.42% for the last 200 days.
Analysts’ Opinion of IP
Many brokerage firms have already submitted their reports for IP stocks, with BofA Securities repeating the rating for IP by listing it as a “Buy.” The predicted price for IP in the upcoming period, according to BofA Securities is $42 based on the research report published on March 04, 2024 of the current year 2024.
IP Trading at 5.47% 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 -7.21% of loss for the given period.
Volatility was left at 3.12%, however, over the last 30 days, the volatility rate increased by 1.80%, as shares surge +4.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.92% upper at present.
During the last 5 trading sessions, IP fell by -2.65%, which changed the moving average for the period of 200-days by +22.09% in comparison to the 20-day moving average, which settled at $38.21. In addition, International Paper Co. saw 5.96% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IP starting from SULLIVAN KATHRYN D, who sale 600 shares at the price of $38.92 back on Apr 01 ’24. After this action, SULLIVAN KATHRYN D now owns 41,788 shares of International Paper Co., valued at $23,352 using the latest closing price.
SULLIVAN KATHRYN D, the Director of International Paper Co., sale 600 shares at $36.09 during a trade that took place back on Mar 15 ’24, which means that SULLIVAN KATHRYN D is holding 41,984 shares at $21,654 based on the most recent closing price.
Stock Fundamentals for IP
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.24 for the gross margin
The net margin for International Paper Co. stands at 0.02. The total capital return value is set at 0.03. Equity return is now at value 3.58, with 1.28 for asset returns.
Based on International Paper Co. (IP), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 0.94. The interest coverage ratio of the stock is 2.29.
Currently, EBITDA for the company is 2.23 billion with net debt to EBITDA at 3.26. When we switch over and look at the enterprise to sales, we see a ratio of 1.07. The receivables turnover for the company is 5.42for trailing twelve months and the total asset turnover is 0.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.67.
Conclusion
In conclusion, International Paper Co. (IP) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
