The closing price of International Paper Co. (NYSE: IP) was $34.20 for the day, up 1.18% from the previous closing price of $33.80. In other words, the price has increased by $+0.40 from its previous closing price. On the day, 2235774 shares were traded. IP stock price reached its highest trading level at $34.29 during the session, while it also had its lowest trading level at $33.86.
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 10.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.12. 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.
Jefferies Upgraded its Underperform to Hold on September 27, 2023, whereas the target price for the stock was revised from $26 to $33.
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 Feb 22 when SULLIVAN KATHRYN D sold 600 shares for $34.63 per share. The transaction valued at 20,778 led to the insider holds 43,184 shares of the business.
PLATH THOMAS J. sold 4,500 shares of IP for $153,495 on Nov 27. The Senior Vice President now owns 43,253 shares after completing the transaction at $34.11 per share. On Jul 28, another insider, Goughnour Holly G., who serves as the Vice President & Controller of the company, sold 2,500 shares for $35.70 each. As a result, the insider received 89,262 and left with 8,219 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 11.85B and an Enterprise Value of 16.64B. As of this moment, International’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.84, and their Forward P/E ratio for the next fiscal year is 12.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.08. 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 1.42. Its current Enterprise Value per Revenue stands at 0.88 whereas that against EBITDA is 7.44.
Stock Price History:
Over the past 52 weeks, IP has reached a high of $38.21, while it has fallen to a 52-week low of $29.00. The 50-Day Moving Average of the stock is 36.07, while the 200-Day Moving Average is calculated to be 34.17.
Shares Statistics:
IP traded an average of 3.57M shares per day over the past three months and 4.03M 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 1.38% of the company’s shares, while institutions hold 82.22% stake in the company. Shares short for IP as of Jan 31, 2024 were 6.51M with a Short Ratio of 1.83, compared to 7.39M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.88% and a Short% of Float of 2.15%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.85, IP has a forward annual dividend rate of 1.85. Against a Trailing Annual Dividend Yield of 5.47%, it implies a Forward Annual Dividend Yield of 5.41%. The stock’s 5-year Average Dividend Yield is 4.74. The current Payout Ratio is 213.85% for IP, which recently paid a dividend on Mar 15, 2024 with an ex-dividend date of Feb 21, 2024. Stock splits for the company last occurred on Jul 02, 2014 when the company split stock in a 1014:1000 ratio.
Earnings Estimates
The firm’s stock currently is rated by 7 analysts. On average, analysts expect EPS of $0.21 for the current quarter, with a high estimate of $0.25 and a low estimate of $0.18, while EPS last year was $0.53. The consensus estimate for the next quarter is $0.52, with high estimates of $0.71 and low estimates of $0.34.
Analysts are recommending an EPS of between $2.59 and $1.53 for the fiscal current year, implying an average EPS of $2.18. EPS for the following year is $2.8, with 8 analysts recommending between $3.29 and $2.05.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $4.9B 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 -8.40% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $4.63B, a decrease of -5.40% over than the figure of -$8.40% in the same quarter last year. There is a high estimate of $4.79B for the next quarter, whereas the lowest estimate is $4.48B.
A total of 9 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 7 analysts’ estimates, the company’s revenue will be $19.55B in the next fiscal year. The high estimate is $20.18B and the low estimate is $18.51B. The average revenue growth estimate for next year is up 4.00% from the average revenue estimate for this year.
