International Paper Co. [NYSE: IP] stock went on a downward path that fall over -1.73% on Monday, amounting to a one-week price decrease of less than -2.37%.
Over the last 12 months, IP stock rose by 36.45%. The one-year International Paper Co. stock forecast points to a potential upside of 6.91. The average equity rating for IP stock is currently 2.31, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $16.57 billion, with 346.04 million shares outstanding and 342.00 million shares in the current float. Compared to the average trading volume of 4.36M shares, IP stock reached a trading volume of 6408269 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on International Paper Co. [IP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IP shares is $51.23 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 2.31. 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.
Argus have made an estimate for International Paper Co. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 14, 2024. While these analysts kept the previous recommendation, Stifel raised their target price to Hold. The new note on the price target was released on July 09, 2024, representing the official price target for International Paper Co. stock. Previously, the target price had yet another raise to $52, while Seaport Research Partners analysts kept a Buy rating on IP stock. On May 23, 2024, analysts increased their price target for IP shares from 38 to 57.
The Average True Range (ATR) for International Paper Co. is set at 0.96, with the Price to Sales ratio for IP stock in the period of the last 12 months amounting to 0.89. The Price to Book ratio for the last quarter was 1.93, with the Price to Cash per share for the same quarter was set at 3.02. Price to Free Cash Flow for IP in the course of the last twelve months was 22.45 with Quick ratio for the last quarter at 1.17.
IP Stock Performance Analysis:
International Paper Co. [IP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.37. With this latest performance, IP shares gained by 1.23% in over the last four-week period, additionally plugging by 24.81% over the last 6 months – not to mention a rise of 36.45% 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 45.97, with the RSI for the last a single of trading hit 41.30, and the three-weeks RSI is set at 49.07 for International Paper Co. [IP]. The present Moving Average for the last 50 days of trading for this stock 47.53, while it was recorded at 48.30 for the last single week of trading, and 41.25 for the last 200 days.
Insight into International Paper Co. Fundamentals:
International Paper Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.17 and a Current Ratio set at 1.59.
IP Stock EPS
With the latest financial reports released by the company, International Paper Co. posted 0.64/share EPS, while the average EPS was predicted by analysts to be reported at 0.58/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.06. 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 Co. go to 14.00%.
International Paper Co. [IP] Institutonal Ownership Details
There are presently around $97.09%, or 97.51%% of IP stock, in the hands of institutional investors. The top three institutional holders of IP stocks are: PRICE T ROWE ASSOCIATES INC /MD/ with ownership of 46.91 million shares, which is approximately 13.5294%. VANGUARD GROUP INC, holding 40.67 million shares of the stock with an approximate value of $$1.76 billion in IP stocks shares; and VANGUARD GROUP INC, currently with $$1.43 billion in IP stock with ownership which is approximately 9.5846%.
