As of close of business last night, International Paper Co.’s stock clocked out at $38.70, down -0.85% from its previous closing price of $39.03. In other words, the price has decreased by -$0.33 from its previous closing price. On the day, 3806698 shares were traded.
Ratios:
To gain a deeper understanding of IP’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.37. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 1.67. In the meantime, Its Debt-to-Equity ratio is 0.98 whereas as Long-Term Debt/Eq ratio is at 0.94.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on March 04, 2024, Upgraded its rating to Buy and sets its target price to $42 from $37 previously.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 01 ’24 when SULLIVAN KATHRYN D sold 600 shares for $38.92 per share. The transaction valued at 23,352 led to the insider holds 41,788 shares of the business.
SULLIVAN KATHRYN D sold 600 shares of IP for $21,654 on Mar 15 ’24. The Director now owns 41,984 shares after completing the transaction at $36.09 per share. On Feb 28 ’24, another insider, Royalty James P Jr., who serves as the Senior Vice President of the company, sold 5,800 shares for $34.75 each. As a result, the insider received 201,550 and left with 69,488 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IP now has a Market Capitalization of 13.39B and an Enterprise Value of 18.18B. As of this moment, International’s Price-to-Earnings (P/E) ratio for their current fiscal year is 45.08, and their Forward P/E ratio for the next fiscal year is 13.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 0.96 whereas that against EBITDA is 8.14.
Stock Price History:
Over the past 52 weeks, IP has reached a high of $41.28, while it has fallen to a 52-week low of $29.00. The 50-Day Moving Average of the stock is 36.16, while the 200-Day Moving Average is calculated to be 34.90.
Shares Statistics:
It appears that IP traded 4.51M shares on average per day over the past three months and 7.59M shares per day over the past ten days. A total of 346.04M shares are outstanding, with a floating share count of 341.56M. Insiders hold about 1.38% of the company’s shares, while institutions hold 82.88% stake in the company. Shares short for IP as of Mar 15, 2024 were 8.98M with a Short Ratio of 1.99, compared to 7.28M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.59% and a Short% of Float of 2.97%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.85, IP has a forward annual dividend rate of 1.85. Against a Trailing Annual Dividend Yield of 4.74%, it implies a Forward Annual Dividend Yield of 4.78%. The stock’s 5-year Average Dividend Yield is 4.76. The current Payout Ratio is 213.85% for IP, which recently paid a dividend on Mar 15, 2024 with an ex-dividend date of Feb 21, 2024. Stock splits for the company last occurred on Jul 02, 2014 when the company split stock in a 1014:1000 ratio.
Earnings Estimates
As of right now, 5 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.22 for the current quarter, with a high estimate of $0.25 and a low estimate of $0.19, while EPS last year was $0.53. The consensus estimate for the next quarter is $0.52, with high estimates of $0.71 and low estimates of $0.34.
Analysts are recommending an EPS of between $2.59 and $1.53 for the fiscal current year, implying an average EPS of $2.19. EPS for the following year is $2.84, with 7 analysts recommending between $3.29 and $2.05.
Revenue Estimates
In the current quarter, 5 analysts expect revenue to total $4.56B. It ranges from a high estimate of $4.9B to a low estimate of $4.32B. As of the current estimate, International Paper Co.’s year-ago sales were $4.99B, an estimated decrease of -8.50% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $4.62B, a decrease of -5.70% over than the figure of -$8.50% in the same quarter last year. There is a high estimate of $4.72B for the next quarter, whereas the lowest estimate is $4.48B.
A total of 7 analysts have provided revenue estimates for IP’s current fiscal year. The highest revenue estimate was $19.16B, while the lowest revenue estimate was $18.11B, resulting in an average revenue estimate of $18.75B. In the same quarter a year ago, actual revenue was $18.92B, down -0.90% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $19.44B in the next fiscal year. The high estimate is $20.11B and the low estimate is $18.51B. The average revenue growth estimate for next year is up 3.70% from the average revenue estimate for this year.
