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The closing price of International Paper Co. (NYSE: IP) was $35.06 for the day, down -2.37% from the previous closing price of $35.91. In other words, the price has decreased by -$2.37 from its previous closing price. On the day, 6.26 million shares were traded. IP stock price reached its highest trading level at $36.17 during the session, while it also had its lowest trading level at $35.01.
Ratios:
Our analysis of IP’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.55. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 12132057088 and an Enterprise Value of 17088164864. As of this moment, International’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.84, and their Forward P/E ratio for the next fiscal year is 12.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64 while its Price-to-Book (P/B) ratio in mrq is 1.45. Its current Enterprise Value per Revenue stands at 0.903 whereas that against EBITDA is 7.952.
Stock Price History:
The Beta on a monthly basis for IP is 1.00, which has changed by -0.04076606 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. 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 -4.01%, while the 200-Day Moving Average is calculated to be -0.47%.
Shares Statistics:
IP traded an average of 4.91M shares per day over the past three months and 5627880 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 1.39% of the company’s shares, while institutions hold 90.71% stake in the company. Shares short for IP as of 1711584000 were 6384850 with a Short Ratio of 1.30, 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
With its trailing 12-month dividend rate of 1.85, IP has a forward annual dividend rate of 1.85. 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 2024-02-21 with an ex-dividend date of 1708473600. Stock splits for the company last occurred on 2021-10-01 when the company split stock in a 1056:1000 ratio.
Earnings Estimates
The market rating of International Paper Co. (IP) is currently shaped by the ongoing analysis conducted by 5 analysts closely monitoring its performance.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 $0.49, with high estimates of $0.59 and low estimates of $0.4.
Analysts are recommending an EPS of between $2.59 and $1.69 for the fiscal current year, implying an average EPS of $2.18. EPS for the following year is $3, with 7 analysts recommending between $3.71 and $2.35.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. It ranges from a high estimate of $4.89B 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 $19.3B, while the lowest revenue estimate was $18.11B, resulting in an average revenue estimate of $18.79B. In the same quarter a year ago, actual revenue was $18.92B, down -0.70% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $21.15B in the next fiscal year. The high estimate is $28.82B and the low estimate is $18.51B. The average revenue growth estimate for next year is up 12.60% from the average revenue estimate for this year.
