On Tuesday, International Paper Co. (NYSE: IP) opened higher 1.28% from the last session, before settling in for the closing price of $46.93. Price fluctuations for IP have ranged from $31.76 to $50.68 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company slipped by -3.32% over the past five years. Company’s average yearly earnings per share was noted -32.55% at the time writing. With a float of $342.00 million, this company’s outstanding shares have now reached $346.04 million.
Let’s look at the performance matrix of the company that is accounted for 39000 employees. In terms of profitability, gross margin is 21.22%, operating margin of 2.24%, and the pretax margin is 1.06%.
International Paper Co. (IP) Insider Updates
A key investor’s attitude towards the stock of the Packaging & Containers industry is another important factor to consider. The insider ownership of International Paper Co. is 1.55%, while institutional ownership is 115.16%. The most recent insider transaction that took place on Oct 15 ’24, was worth 28,848. In this transaction Director of this company sold 600 shares at a rate of $48.08, taking the stock ownership to the 38,945 shares. Before that another transaction happened on Sep 30 ’24, when Company’s Director sold 600 for $48.68, making the entire transaction worth $29,208. This insider now owns 39,545 shares in total.
International Paper Co. (IP) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.64 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.58) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -32.55% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.00% 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
Check out the current performance indicators for International Paper Co. (IP). In the past quarter, the stock posted a quick ratio of 1.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.89. Likewise, its price to free cash flow for the trailing twelve months is 22.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.30, a number that is poised to hit 0.25 in the next quarter and is forecasted to reach 2.84 in one year’s time.
Technical Analysis of International Paper Co. (IP)
International Paper Co. (NYSE: IP) saw its 5-day average volume 5.39 million, a positive change from its year-to-date volume of 5.28 million. As of the previous 9 days, the stock’s Stochastic %D was 50.00%. Additionally, its Average True Range was 0.92.
During the past 100 days, International Paper Co.’s (IP) raw stochastic average was set at 65.69%, which indicates a significant increase from 62.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.06% in the past 14 days, which was lower than the 23.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $47.97, while its 200-day Moving Average is $41.85. Nevertheless, the first resistance level for the watch stands at $47.90 in the near term. At $48.28, the stock is likely to face the second major resistance level. The third major resistance level sits at $48.85. If the price goes on to break the first support level at $46.96, it is likely to go to the next support level at $46.39. Assuming the price breaks the second support level, the third support level stands at $46.01.
International Paper Co. (NYSE: IP) Key Stats
There are currently 347,332K shares outstanding in the company with a market cap of 16.51 billion. Presently, the company’s annual sales total 18,916 M according to its annual income of 288,000 K. Last quarter, the company’s sales amounted to 4,734 M and its income totaled 498,000 K.
