International Paper Co. (NYSE: IP) is 28.60% higher on its value in year-to-date trading and has touched a low of $31.28 and a high of $47.40 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The IP stock was last observed hovering at around $45.72 in the last trading session, with the day’s gains setting it 0.77%.
Currently trading at $46.49, the stock is 4.69% and 6.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.02 million and changing 1.68% at the moment leaves the stock 23.10% off its SMA200. IP registered 47.07% gain for a year compared to 6-month gain of 26.54%.
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The stock witnessed a -0.13% loss in the last 1 month and extending the period to 3 months gives it a 31.44%, and is 5.32% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.09% over the week and 2.14% over the month.
International Paper Co. (IP) has around 39000 employees, a market worth around $16.15B and $18.52B in sales. Current P/E ratio is 87.35 and Fwd P/E is 15.19. Profit margin for the company is 1.00%. Distance from 52-week low is 48.61% and -1.92% from its 52-week high. The company has generated returns on investments over the last 12 months (1.15%).
The EPS is expected to shrink by -5.77% this year.
International Paper Co. (IP) Top Institutional Holders
The shares outstanding are 346.04M, and float is at 339.62M with Short Float at 6.67%.
International Paper Co. (IP) Insider Activity
The most recent transaction is an insider sale by SULLIVAN KATHRYN D,the company’sDirector. SEC filings show that SULLIVAN KATHRYN D sold 600 shares of the company’s common stock on Jul 15 ’24 at a price of $43.68 per share for a total of $26208.0. Following the sale, the insider now owns 42202.0 shares.
International Paper Co. disclosed in a document filed with the SEC on Jun 28 ’24 that SULLIVAN KATHRYN D (Director) sold a total of 600 shares of the company’s common stock. The trade occurred on Jun 28 ’24 and was made at $42.77 per share for $25662.0. Following the transaction, the insider now directly holds 42802.0 shares of the IP stock.
Still, SEC filings show that on Jun 14 ’24, SULLIVAN KATHRYN D (Director) disposed off 600 shares at an average price of $45.11 for $27066.0. The insider now directly holds 43,402 shares of International Paper Co. (IP).
