International Paper Company [NYSE: IP] gained 2.95% or 1.0 points to close at $34.92 with a heavy trading volume of 2323126 shares. It opened the trading session at $35.60, the shares rose to $35.62 and dropped to $34.12, the range by which the price of stock traded the whole day. The daily chart for IP points out that the company has recorded -24.38% loss over the past six months. However, it is still -32.37% lower than its most recent low trading price.
If we look at the average trading volume of 3.78M shares, IP reached to a volume of 2323126 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying about International Paper Company [IP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IP shares is $38.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IP stock is a recommendation set at 2.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Credit Suisse have made an estimate for International Paper Company shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 14, 2020. The new note on the price target was released on December 10, 2019, representing the official price target for International Paper Company stock.
The Average True Range (ATR) for International Paper Company is set at 1.63, with the Price to Sales ratio for IP stock in the period of the last 12 months amounting to 0.60. The Price to Book ratio for the last quarter was 2.00, with the Price to Cash per share for the same quarter was set at 3.25. Price to Free Cash Flow for IP in the course of the last twelve months was 9.19 with Quick ratio for the last quarter at 0.60.
Trading performance analysis for IP stock
International Paper Company [IP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.53. With this latest performance, IP shares gained by 13.19% in over the last four-week period, additionally sinking by -24.38% over the last 6 months – not to mention a drop of -20.49% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IP stock in for the last two-week period is set at 50.18, with the RSI for the last a single of trading hit 46.48, and the three-weeks RSI is set at 50.69 for International Paper Company [IP]. The present Moving Average for the last 50 days of trading for this stock 33.43, while it was recorded at 36.72 for the last single week of trading, and 39.51 for the last 200 days.
International Paper Company [IP]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and International Paper Company [IP] shares currently have an operating margin of +11.07 and a Gross Margin at +26.16. International Paper Company’s Net Margin is presently recorded at +5.47.
Return on Total Capital for IP is now 12.33, given the latest momentum, and Return on Invested Capital for the company is 7.00. Return on Equity for this stock inclined to 16.25, with Return on Assets sitting at 3.65. When it comes to the capital structure of this company, International Paper Company [IP] has a Total Debt to Total Equity ratio set at 187.00. Additionally, IP Total Debt to Total Capital is recorded at 65.16, with Total Debt to Total Assets ending up at 43.09. Long-Term Debt to Equity for the company is recorded at 128.37, with the Long-Term Debt to Total Capital now at 44.73.
Reflecting on the efficiency of the workforce at the company, International Paper Company [IP] managed to generate an average of $24,020 per employee. Receivables Turnover for the company is 5.90 with a Total Asset Turnover recorded at a value of 0.67.International Paper Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.80.
International Paper Company [IP]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, International Paper Company posted 1.15/share EPS, while the average EPS was predicted by analysts to be reported at 0.99/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 16.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for IP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for International Paper Company go to 3.27%.
An analysis of insider ownership at International Paper Company [IP]
There are presently around $11,353 million, or 84.30% of IP stock, in the hands of institutional investors. The top three institutional holders of IP stocks are: VANGUARD GROUP INC with ownership of 47,847,361, which is approximately 2.154% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 35,836,359 shares of the stock with an approximate value of $1.25 billion in IP stocks shares; and STATE STREET CORP, currently with $866.55 million in IP stock with ownership of nearly 2.17% of the company’s market capitalization.
Positions in International Paper Company stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 345 institutional holders increased their position in International Paper Company [NYSE:IP] by around 22,519,900 shares. Additionally, 488 investors decreased positions by around 26,656,902 shares, while 114 investors held positions by with 275,927,719 shares. The mentioned changes placed institutional holdings at 325,104,521 shares, according to the latest SEC report filing. IP stock had 79 new institutional investments in for a total of 3,980,094 shares, while 166 institutional investors sold positions of 2,829,050 shares during the same period.