Market Momentum Report: International Paper Co. (IP)’s Negative Close at 48.09

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The price of International Paper Co. (NYSE: IP) closed at $48.09 in the last session, down -1.13% from day before closing price of $48.64. In other words, the price has decreased by -$1.13 from its previous closing price. On the day, 2.11 million shares were traded. IP stock price reached its highest trading level at $48.4 during the session, while it also had its lowest trading level at $47.975.

Ratios:

We take a closer look at IP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.64. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 1.59. In the meantime, Its Debt-to-Equity ratio is 0.95 whereas as Long-Term Debt/Eq ratio is at 0.90.

On July 09, 2024, Stifel started tracking the stock assigning a Hold rating and target price of $48.70.

Seaport Research Partners Upgraded its Neutral to Buy on June 28, 2024, while the target price for the stock was maintained at $52.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 16 ’24 when SULLIVAN KATHRYN D sold 600 shares for $49.48 per share. The transaction valued at 29,688 led to the insider holds 39,802 shares of the business.

Saab Joseph R. sold 2,440 shares of IP for $115,412 on Sep 12 ’24. The SVP, GC and Corp. Secretary now owns 18,668 shares after completing the transaction at $47.30 per share. On Sep 12 ’24, another insider, JOSEPH SAAB, who serves as the Officer of the company, bought 2,440 shares for $47.30 each.

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 16705456128 and an Enterprise Value of 21694011392. As of this moment, International’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.90, and their Forward P/E ratio for the next fiscal year is 17.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 1.94. Its current Enterprise Value per Revenue stands at 1.168 whereas that against EBITDA is 10.48.

Stock Price History:

Over the past 52 weeks, IP has reached a high of $50.68, while it has fallen to a 52-week low of $31.76. The 50-Day Moving Average of the stock is 2.12%, while the 200-Day Moving Average is calculated to be 18.06%.

Shares Statistics:

According to the various share statistics, IP traded on average about 5.22M shares per day over the past 3-months and 3850030 shares per day over the past 10 days. A total of 346.04M shares are outstanding, with a floating share count of 342.00M. Insiders hold about 1.55% of the company’s shares, while institutions hold 113.14% stake in the company. Shares short for IP as of 1724976000 were 39802913 with a Short Ratio of 7.91, compared to 1722384000 on 33249631. Therefore, it implies a Short% of Shares Outstanding of 39802913 and a Short% of Float of 14.790000000000001.

Dividends & Splits

The forward annual dividend rate for IP is 1.85, which was 1.85 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.03803454The stock’s 5-year Average Dividend Yield is 4.73.

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