International Paper Company (NYSE:IP) stock went on an upward path that rose over 1.91% on Thursday, amounting to a one-week price increase of more than 2.81%. Over the last 12 months, IP stock rose by 2.07%. The one-year IP stock forecast points to a potential downside of -0.05, with the average price target set at $47.92 per share. The average equity rating for IP stock is currently 2.80, trading closer to a bullish pattern in the stock market.
The market cap for IP stock reached $17.83 billion, with 393.19 million shares outstanding and 391.07 million shares in the current float. Compared to the average trading volume of 2.64M shares, IP reached a trading volume of 3171771 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $47.67 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 2.80. 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.
Goldman have made an estimate for International Paper Company shares, keeping their opinion on the stock as Sell, with their previous recommendation back on December 10, 2019. The new note on the price target was released on December 02, 2019, representing the official price target for International Paper Company stock. Previously, the target price had yet another raise to $38, while KeyBanc Capital Markets analysts kept a Underweight rating on IP stock.
The Average True Range (ATR) for International Paper Company is set at 0.67, with the Price to Sales ratio for IP stock in the period of the last 12 months amounting to 0.78. The Price to Book ratio for the last quarter was 2.39, with the Price to Cash per share for the same quarter was set at 1.77. Price to Free Cash Flow for IP in the course of the last twelve months was 11.98 with Quick ratio for the last quarter at 1.00.
IP Stock Performance Analysis:
International Paper Company (IP) gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.81. With this latest performance, IP shares dropped by -1.84% in over the last four-week period, additionally plugging by 6.71% over the last 6 months – not to mention a rise of 2.07% 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 52.19, with the RSI for the last a single of trading hit 57.82, and the three-weeks RSI is set at 52.10 for International Paper Company (IP). The present Moving Average for the last 50 days of trading for this stock 45.69, while it was recorded at 44.54 for the last single week of trading, and 43.44 for the last 200 days.
Insight into International Paper Company Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and International Paper Company (IP) shares currently have an operating margin of +12.86 and a Gross Margin at +27.71. International Paper Company’s Net Margin is presently recorded at +7.15.
Return on Total Capital for IP is now 16.77, given the latest momentum, and Return on Invested Capital for the company is 9.60. Return on Equity for this stock inclined to 24.01, with Return on Assets sitting at 4.94. When it comes to the capital structure of this company, International Paper Company (IP) has a Total Debt to Total Equity ratio set at 144.72. Additionally, IP Total Debt to Total Capital is recorded at 59.14, with Total Debt to Total Assets ending up at 31.73. Long-Term Debt to Equity for the company is recorded at 136.04, with the Long-Term Debt to Total Capital now at 55.59.
Reflecting on the efficiency of the workforce at the company, International Paper Company (IP) managed to generate an average of $31,453 per employee. Receivables Turnover for the company is 6.47 with a Total Asset Turnover recorded at a value of 0.69. International Paper Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.50.
IP Stock EPS
With the latest financial reports released by the company, International Paper Company posted 1.65/share EPS, while the average EPS was predicted by analysts to be reported at 1.59/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 3.80%. 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 -1.77%.
International Paper Company (IP) Insider Position Details
There are presently around $14,353 million, or 84.20% of IP stock, in the hands of institutional investors. The top three institutional holders of IP stocks are: VANGUARD GROUP INC with ownership of 39,485,722, which is approximately 21.662% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 38,302,283 shares of the stock with an approximate value of $1.7 billion in IP stocks shares; and STATE STREET CORP, currently with $1.12 billion in IP stock with ownership of nearly -0.606% of the company’s market capitalization.
Positions in International Paper Company stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 364 institutional holders increased their position in International Paper Company (NYSE:IP) by around 22,297,139 shares. Additionally, 415 investors decreased positions by around 25,147,209 shares, while 132 investors held positions by with 275,093,940 shares. The mentioned changes placed institutional holdings at 322,538,288 shares, according to the latest SEC report filing. IP stock had 59 new institutional investments in for a total of 1,016,013 shares, while 80 institutional investors sold positions of 1,945,658 shares during the same period.