The stock of International Paper Co. (IP) has gone down by -4.35% for the week, with a -14.12% drop in the past month and a -9.95% drop in the past quarter. The volatility ratio for the week is 2.46%, and the volatility levels for the past 30 days are 2.43% for IP. The simple moving average for the past 20 days is -8.42% for IP’s stock, with a -4.26% simple moving average for the past 200 days.
Is It Worth Investing in International Paper Co. (NYSE: IP) Right Now?
International Paper Co. (NYSE: IP) has a price-to-earnings ratio of 63.57x that is above its average ratio. Additionally, the 36-month beta value for IP is 1.02. 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 339.49M and currently, short sellers hold a 3.12% ratio of that float. The average trading volume of IP on April 29, 2024 was 5.56M shares.
IP) stock’s latest price update
International Paper Co. (NYSE: IP)’s stock price has plunge by 0.92relation to previous closing price of 33.52. Nevertheless, the company has seen a -4.35% plunge in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-25 that International Paper Company (NYSE:IP ) Q1 2024 Earnings Conference Call April 25, 2024 10:00 AM ET Company Participants Mark Nellessen – VP, IR Mark Sutton – Chairman & CEO Timothy Nicholls – SVP & CFO Thomas Hamic – SVP, North American Container and Chief Commercial Officer James P. Royalty – SVP, Containerboard and Recycling Conference Call Participants Matthew McKellar – RBC Capital Markets Mark Weintraub – Seaport Research Partners Charlie Muir-Sands – BNP Paribas Michael Roxland – Truist Securities Gabrial Hajde – Wells Fargo Securities Philip Ng – Jefferies Operator Good morning, and thank you for standing by.
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 -7.51% 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 -18.05% of loss for the given period.
Volatility was left at 2.43%, however, over the last 30 days, the volatility rate increased by 2.46%, as shares sank -13.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.03% lower at present.
During the last 5 trading sessions, IP fell by -4.35%, which changed the moving average for the period of 200-days by +6.35% in comparison to the 20-day moving average, which settled at $36.68. In addition, International Paper Co. saw -6.42% in overturn over a single year, with a tendency to cut further losses.
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 $37.78 back on Apr 15 ’24. After this action, SULLIVAN KATHRYN D now owns 41,188 shares of International Paper Co., valued at $22,668 using the latest closing price.
SULLIVAN KATHRYN D, the Director of International Paper Co., sale 600 shares at $38.92 during a trade that took place back on Apr 01 ’24, which means that SULLIVAN KATHRYN D is holding 41,788 shares at $23,352 based on the most recent closing price.
Stock Fundamentals for IP
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.24 for the gross margin
The net margin for International Paper Co. stands at 0.01. The total capital return value is set at 0.02. Equity return is now at value 2.23, with 0.79 for asset returns.
Based on International Paper Co. (IP), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.32. The debt to equity ratio resting at 0.71. The interest coverage ratio of the stock is 1.43.
Currently, EBITDA for the company is 2.23 billion with net debt to EBITDA at 2.36. When we switch over and look at the enterprise to sales, we see a ratio of 0.89. The receivables turnover for the company is 6.07for trailing twelve months and the total asset turnover is 0.8. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.68.
Conclusion
In conclusion, International Paper Co. (IP) has seen bad 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’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
