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In the latest session, International Paper Co (NYSE: IP) closed at $54.76 down -1.83% from its previous closing price of $55.78. In other words, the price has decreased by -$1.83 from its previous closing price. On the day, 2.85 million shares were traded. IP stock price reached its highest trading level at $55.55 during the session, while it also had its lowest trading level at $54.63.
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 16.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.57. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 0.94 whereas as Long-Term Debt/Eq ratio is at 0.89.
On August 14, 2024, Argus Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $52.
On July 09, 2024, Stifel started tracking the stock assigning a Hold rating and target price of $48.70.Stifel initiated its Hold rating on July 09, 2024, with a $48.70 target price.
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 Nov 29 ’24 when SULLIVAN KATHRYN D sold 600 shares for $58.39 per share. The transaction valued at 35,034 led to the insider holds 37,145 shares of the business.
SULLIVAN KATHRYN D bought 600 shares of IP for $35,034 on Nov 29 ’24. On Nov 15 ’24, another insider, SULLIVAN KATHRYN D, who serves as the Director of the company, sold 600 shares for $56.19 each. As a result, the insider received 33,714 and left with 37,745 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 19378413568 and an Enterprise Value of 23880077312. As of this moment, International’s Price-to-Earnings (P/E) ratio for their current fiscal year is 46.56, and their Forward P/E ratio for the next fiscal year is 18.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.02 while its Price-to-Book (P/B) ratio in mrq is 2.20. Its current Enterprise Value per Revenue stands at 1.281 whereas that against EBITDA is 12.215.
Stock Price History:
Over the past 52 weeks, IP has reached a high of $60.36, while it has fallen to a 52-week low of $32.70. The 50-Day Moving Average of the stock is 2.64%, while the 200-Day Moving Average is calculated to be 20.90%.
Shares Statistics:
For the past three months, IP has traded an average of 4.53M shares per day and 3450550 over the past ten days. A total of 347.40M shares are outstanding, with a floating share count of 342.29M. Insiders hold about 1.47% of the company’s shares, while institutions hold 128.99% stake in the company. Shares short for IP as of 1732838400 were 51043224 with a Short Ratio of 11.37, compared to 1730332800 on 44256013. Therefore, it implies a Short% of Shares Outstanding of 51043224 and a Short% of Float of 19.900000000000002.
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 0.03316601The stock’s 5-year Average Dividend Yield is 4.68.