Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, International Paper Co. (NYSE: IP) closed at $34.41 down -1.01% from its previous closing price of $34.76. In other words, the price has decreased by -$1.01 from its previous closing price. On the day, 6.74 million shares were traded. IP stock price reached its highest trading level at $34.495 during the session, while it also had its lowest trading level at $33.67.
Ratios:
For a deeper understanding of International Paper Co.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.22. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 15 ’24 when SULLIVAN KATHRYN D sold 600 shares for $37.78 per share. The transaction valued at 22,668 led to the insider holds 41,188 shares of the business.
SULLIVAN KATHRYN D sold 600 shares of IP for $23,352 on Apr 01 ’24. The Director now owns 41,788 shares after completing the transaction at $38.92 per share. On Mar 15 ’24, another insider, SULLIVAN KATHRYN D, who serves as the Director of the company, sold 600 shares for $36.09 each. As a result, the insider received 21,654 and left with 41,984 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 11907132416 and an Enterprise Value of 16984258560. As of this moment, International’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.09, and their Forward P/E ratio for the next fiscal year is 12.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.63 while its Price-to-Book (P/B) ratio in mrq is 1.43. Its current Enterprise Value per Revenue stands at 0.898 whereas that against EBITDA is 7.903.
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 -6.08%, while the 200-Day Moving Average is calculated to be -2.51%.
Shares Statistics:
For the past three months, IP has traded an average of 5.27M shares per day and 7045020 over the past ten days. A total of 346.04M shares are outstanding, with a floating share count of 341.57M. Insiders hold about 1.38% of the company’s shares, while institutions hold 91.79% stake in the company. Shares short for IP as of 1711584000 were 6384850 with a Short Ratio of 1.21, compared to 1709164800 on 7234229. Therefore, it implies a Short% of Shares Outstanding of 6384850 and a Short% of Float of 2.3800000000000003.
Dividends & Splits
According to the company, the forward annual dividend rate for IP is 1.85, from 1.85 in the trailing year. Against a Trailing Annual Dividend Yield of 0.053222097The stock’s 5-year Average Dividend Yield is 4.76.
