International Paper Co. (NYSE: IP) kicked off on Monday, down -0.39% from the previous trading day, before settling in for the closing price of $49.04. Over the past 52 weeks, IP has traded in a range of $31.76-$50.68.
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A company in the Consumer Cyclical sector has dropped its sales by -3.32% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -33.74%. With a float of $342.00 million, this company’s outstanding shares have now reached $346.04 million.
In an organization with 39000 employees, it is important to assess its efficiency.
International Paper Co. (IP) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Packaging & Containers Industry. The insider ownership of International Paper Co. is 1.55%, while institutional ownership is 113.23%. The most recent insider transaction that took place on Sep 16 ’24, was worth 29,688. In this transaction Director of this company sold 600 shares at a rate of $49.48, taking the stock ownership to the 39,802 shares. Before that another transaction happened on Sep 12 ’24, when Company’s SVP, GC and Corp. Secretary sold 2,440 for $47.30, making the entire transaction worth $115,412. This insider now owns 18,668 shares in total.
International Paper Co. (IP) Performance Highlights and Predictions
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According to the Wall Street analysts, stocks earnings will be around -33.74% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.20% during the next five years compared to -29.18% drop over the previous five years of trading.
International Paper Co. (NYSE: IP) Trading Performance Indicators
Take a look at International Paper Co.’s (IP) current performance indicators. Last quarter, stock had a quick ratio of 1.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.91. Likewise, its price to free cash flow for the trailing twelve months is 22.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.30, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 2.74 in one year’s time.
Technical Analysis of International Paper Co. (IP)
Let’s dig in a bit further. During the last 5-days, its volume was 3.21 million. That was inferior than the volume of 5.37 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 38.07%. Additionally, its Average True Range was 0.92.
During the past 100 days, International Paper Co.’s (IP) raw stochastic average was set at 85.45%, which indicates a significant increase from 58.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.43% in the past 14 days, which was lower than the 25.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $47.34, while its 200-day Moving Average is $40.97. However, in the short run, International Paper Co.’s stock first resistance to watch stands at $49.15. Second resistance stands at $49.44. The third major resistance level sits at $49.84. If the price goes on to break the first support level at $48.45, it is likely to go to the next support level at $48.05. Assuming the price breaks the second support level, the third support level stands at $47.76.
International Paper Co. (NYSE: IP) Key Stats
The company with the Market Capitalisation of 16.97 billion has total of 347,332K Shares Outstanding. Its annual sales at the moment are 18,916 M in contrast with the sum of 288,000 K annual income. Company’s last quarter sales were recorded 4,734 M and last quarter income was 498,000 K.
