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International Paper Co. (NYSE: IP) closed the day trading at $43.17 up 0.82% from the previous closing price of $42.82. In other words, the price has increased by $0.82 from its previous closing price. On the day, 4.33 million shares were traded. IP stock price reached its highest trading level at $43.195 during the session, while it also had its lowest trading level at $42.26.
Ratios:
For a better understanding of IP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.02. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 1.68. In the meantime, Its Debt-to-Equity ratio is 0.99 whereas as Long-Term Debt/Eq ratio is at 0.95.
On May 23, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $38 to $57.
BofA Securities Upgraded its Underperform to Buy on March 04, 2024, whereas the target price for the stock was revised from $37 to $42.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 28 ’24 when SULLIVAN KATHRYN D sold 600 shares for $42.77 per share. The transaction valued at 25,662 led to the insider holds 42,802 shares of the business.
SULLIVAN KATHRYN D sold 600 shares of IP for $27,066 on Jun 14 ’24. The Director now owns 43,402 shares after completing the transaction at $45.11 per share. On May 31 ’24, another insider, SULLIVAN KATHRYN D, who serves as the Director of the company, sold 600 shares for $44.58 each. As a result, the insider received 26,748 and left with 45,479 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 14994321408 and an Enterprise Value of 19971336192. As of this moment, International’s Price-to-Earnings (P/E) ratio for their current fiscal year is 81.12, and their Forward P/E ratio for the next fiscal year is 15.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 1.82. Its current Enterprise Value per Revenue stands at 1.079 whereas that against EBITDA is 9.785.
Stock Price History:
The Beta on a monthly basis for IP is 1.04, which has changed by 0.36182964 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. Over the past 52 weeks, IP has reached a high of $47.40, while it has fallen to a 52-week low of $30.78. The 50-Day Moving Average of the stock is 2.77%, while the 200-Day Moving Average is calculated to be 15.77%.
Shares Statistics:
Over the past 3-months, IP traded about 7.21M shares per day on average, while over the past 10 days, IP traded about 9500120 shares per day. A total of 346.04M shares are outstanding, with a floating share count of 339.62M. Insiders hold about 2.22% of the company’s shares, while institutions hold 101.74% stake in the company. Shares short for IP as of 1718323200 were 18062364 with a Short Ratio of 2.50, compared to 1715731200 on 19793761. Therefore, it implies a Short% of Shares Outstanding of 18062364 and a Short% of Float of 6.710000000000001.
Dividends & Splits
IP’s forward annual dividend rate is 1.85, up from 1.85 a year ago. Against a Trailing Annual Dividend Yield of 0.04320411The 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 2024-05-23 with an ex-dividend date of 1716422400. Stock splits for the company last occurred on 2021-10-01 when the company split stock in a 1056:1000 ratio.
