Is Wall Street High Or Low On International Paper Company (IP)?


International Paper Company (NYSE:IP) finished Wednesday with a subtraction of -$0.55 to close at $34.36, a downside of -1.58 percent. An average of 3,071,640 shares of common stock have been traded in the last five days. There was a fall of -$0.32 in the past week, and it reached a new high 8 times over the past 12 months. The last 20 days have seen an average of 3,213,680 shares traded, while the 50-day average volume stands at 3,310,848.

IP stock has decreased by -3.97% in the last month. The company shares reached their 1-month lowest point of $33.75 on 12/22/22. With the stock rallying to its 52-week high on 04/21/22, shares of the company touched a low of $30.69 and a high of $50.23 in 52 weeks. It has reached a new high 6 times so far this year and lost -26.86% or -$12.62 in price. In spite of this, the price is down -31.59% from the 52-week high.

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Insider Transactions

IP stock investors should be aware that International Paper Company (IP) stock had its last reported insider trading activity 29 days ago on Nov 30. In this transaction, the insider spent $72,000. Senior Vice President, Nicholls Timothy S, disposed of 7,500 shares at a price of $33.66 on Oct 31. The insider now owns more than $252,473 worth of shares. Prior to that, 10% Owner INTERNATIONAL PAPER CO /NEW/ went on to Sale 4,614,358 shares at $36.25 each on Sep 12. An amount of $167,270,478 was transacted.

Valuation Metrics

International Paper Company (IP) has a trailing price-to-earnings (P/E) ratio of 6.52. The stock’s beta is 1.01. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.57, the price-to-book (PB) ratio at 1.30.

Financial Health

The quick ratio of International Paper Company for the three months ended September 29 was 1.00, and the current ratio was 1.40, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.50 and a total debt to equity ratio of 0.57 for the quarter ending September 29. Its gross profit as reported stood at $5.53 billion compared to revenue of $19.36 billion.

Earnings Surprise

For the three-month period that ended September 29, International Paper Company had $4.77 billion in total debt. The analyst consensus anticipated International Paper Company’s latest quarter earnings to come in at $1.21 per share, but it turned out to be $1.01, a -16.50% surprise. For the quarter, EBITDA amounted to $764.0 million. Shareholders own equity worth $355.67 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at International Paper Company (IP) price momentum. RSI 9-day as of the close on 28 December was 32.60%, suggesting the stock is Neutral, with historical volatility in this time frame at 15.85%.

As of today, IP’s price is $34.62 -0.92% or -$0.32 from its 5-day moving average. IP is currently trading -5.42% lower than its 20-day SMA and -17.78% lower than its 100-day SMA. However, the stock’s current price level is +3.40% above the SMA50 and -19.23% below the SMA200.

The stochastic %K and %D were 21.42% and 22.09%, respectively, and the average true range (ATR) was 0.81. With the 14-day stochastic at 14.25% and the average true range at 0.84, the RSI (14) stands at 38.96%. The stock has reached -0.32 on the 9-day MACD Oscillator while the 14-day reading was at -0.92.

Analyst Ratings

Deutsche Bank downgraded International Paper Company (NYSE: IP) to a a Sell rating in its most recent analyst report. Previously, the stock was rated as a Hold.


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