International Paper Co (NYSE: IP) is -10.85% lower on its value in year-to-date trading and has touched a low of $33.16 and a high of $60.36 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IP stock was last observed hovering at around $49.18 in the last trading session, with the day’s loss setting it -1.2%.
Currently trading at $47.98, the stock is -7.96% and -11.54% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.12 million and changing -2.44% at the moment leaves the stock -6.54% off its SMA200. IP registered 22.81% gain for a year compared to 6-month gain of -0.27%. The firm has a 50-day simple moving average (SMA 50) of $54.2374 and a 200-day simple moving average (SMA200) of $51.33635.
The stock witnessed a -7.21% loss in the last 1 month and extending the period to 3 months gives it a -9.74%, and is -9.83% down 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 4.94% over the week and 3.44% over the month.
International Paper Co (IP) has around 37000 employees, a market worth around $25.33B and $18.62B in sales. Current P/E ratio is 30.49 and Fwd P/E is 12.91. Profit margin for the company is 2.99%. Distance from 52-week low is 44.69% and -20.51% from its 52-week high. The company has generated returns on investments over the last 12 months (3.49%).
with sales reaching $6.38B over the same period.The EPS is expected to grow by 138.70% this year, but quarterly earnings will post 47.29% year-over-year. Quarterly sales are estimated to grow 38.14% in year-over-year returns.
International Paper Co (IP) Top Institutional Holders
1266.0 institutions hold shares in International Paper Co (IP), with institutional investors hold 77.79% of the company’s shares. The shares outstanding are 527.88M, and float is at 522.38M with Short Float at 7.89%. Institutions hold 77.56% of the Float.
The top institutional shareholder in the company is PRICE T ROWE ASSOCIATES INC /MD/ with over 46.91 million shares valued at $2.02 billion. The investor’s holdings represent 13.5294% of the IP Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 40.67 million shares valued at $1.76 billion to account for 11.7318 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 33.23 million shares representing 9.568% and valued at over $1.43 billion, while STATE STREET CORP holds 6.3125 of the shares totaling 21.92 million with a market value of $945.99 million.
International Paper Co (IP) Insider Activity
The most recent transaction is an insider sale by SULLIVAN KATHRYN D, the company’s Director. SEC filings show that SULLIVAN KATHRYN D sold 600 shares of the company’s common stock on Nov 29 ’24 at a price of $58.39 per share for a total of $35034.0. Following the sale, the insider now owns 37145.0 shares.
Still, SEC filings show that on Nov 15 ’24, SULLIVAN KATHRYN D (Director) disposed off 600 shares at an average price of $56.19 for $33714.0. The insider now directly holds 37,745 shares of International Paper Co (IP).
