International Paper Co. (NYSE: IP)’s stock price has decreased by -1.77 compared to its previous closing price of 37.81. However, the company has seen a -3.93% decrease in its stock price over the last five trading sessions. 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).
Is It Worth Investing in International Paper Co. (NYSE: IP) Right Now?
International Paper Co. (NYSE: IP) has a price-to-earnings ratio that is above its average at 43.27x. The stock has a 36-month beta value of 0.99. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 5 as “overweight,” 7 as “hold,” and 1 as “sell.”
The public float for IP is 341.56M, and at present, short sellers hold a 1.87% of that float. On April 15, 2024, the average trading volume of IP was 4.77M shares.
IP’s Market Performance
IP stock saw an increase of -3.93% in the past week, with a monthly gain of 2.34% and a quarterly increase of -1.80%. The volatility ratio for the week is 2.34%, and the volatility levels for the last 30 days are 3.22% for International Paper Co. (IP). The simple moving average for the past 20 days is -3.47% for IP’s stock, with a 5.66% simple moving average for the past 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 2.03% 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 -10.03% of loss for the given period.
Volatility was left at 3.22%, however, over the last 30 days, the volatility rate increased by 2.34%, as shares surge +2.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.66% upper at present.
During the last 5 trading sessions, IP fell by -3.93%, which changed the moving average for the period of 200-days by +17.27% in comparison to the 20-day moving average, which settled at $38.52. In addition, International Paper Co. saw 2.74% 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 1.05. 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
To sum up, International Paper Co. (IP) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.
