Currently, there are 526.13M common shares owned by the public and among those 517.95M shares have been available to trade.
The company’s stock has a 5-day price change of -3.46% and -6.02% over the past three months. IP shares are trading 2.75% year to date (YTD), with the 12-month market performance up to 60.34% higher. It has a 12-month low price of $33.16 and touched a high of $60.36 over the same period. IP has an average intraday trading volume of 8.04 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.12%, -0.46%, and 10.61% respectively.
Institutional ownership of International Paper Co (NYSE: IP) shares accounts for 95.44% of the company’s 526.13M shares outstanding.
It has a market capitalization of $29.09B and a beta (3y monthly) value of 1.00. The stock’s trailing 12-month PE ratio is 35.14, while the earnings-per-share (ttm) stands at $1.57. The company has a PEG of 0.72 and a Quick Ratio of 1.09 with the debt-to-equity ratio at 0.99. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.49% over the week and 2.85% over the month.
Analysts forecast that International Paper Co (IP) will achieve an EPS of 0.5 for the current quarter, 0.64 for the next quarter and 3.45 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.48 while analysts give the company a high EPS estimate of 0.48. Comparatively, EPS for the current quarter was 0.17 a year ago. Earnings per share for the fiscal year are expected to increase by 142.54%, and 33.76% over the next financial year. EPS should grow at an annualized rate of 48.58% over the next five years, compared to -12.53% over the past 5-year period.
Exane BNP Paribas coverage for the International Paper Co (IP) stock in a research note released on November 13, 2024 offered a Underperform rating with a price target of $48.20. Argus was of a view on August 14, 2024 that the stock is Buy, while Stifel gave the stock Hold rating on July 09, 2024, issuing a price target of $48.70. Seaport Research Partners on their part issued Buy rating on June 28, 2024.
