A Look at International Paper Co. (IP) Shares in the Recent Past Indicates Growth

With 4.53 million shares changed hands, the volume of the stock remained lighter than its average volume of 6.42 million shares. During the session, the Packaging & Containers company that operates in wider Consumer Cyclical sector, reached to the highest price of $40.25 whereas the lowest price it dropped to was $39.53. The 52-week range on IP shows that it touched its highest point at $41.30 and its lowest point at $29.00 during that stretch. It currently has a 1-year price target of $39.66. With its current market cap of 13.79 billion, IP has annualized dividend of $1.85 while the current yield stands at 4.66%. IP paid its most recent dividend on 1708473600, while the ex-dividend date for that was 1716422400. Beta for the stock currently stands at 1.01.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IP was up-trending over the past week, with a rise of 1.09%, but this was up by 10.58% over a month. Three-month performance surged to 15.00% while six-month performance rose 22.45%. The stock gained 24.80% in the past year, while it has gained 9.85% so far this year. A look at the trailing 12-month EPS for IP yields 0.53 with Next year EPS estimates of 2.75. For the next quarter, that number is 0.44. This implies an EPS growth rate of -8.45% for this year and 39.17% for next year. EPS is expected to grow by 19.20% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -29.18%.

Float and Shares Shorts:

At present, 346.04 million IP shares are outstanding with a float of 340.41 million shares on hand for trading. On 2024-04-30, short shares totaled 16.5 million, which was 475.0 higher than short shares on 1711584000. In addition to Mr. Timothy S. Nicholls as the firm’s Senior VP & CFO, Mr. Joseph R. Saab serves as its Senior VP, General Counsel & Corporate Secretary.

Institutional Ownership:

Through their ownership of 0.88981 of IP’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, IP reported revenue of $4619000000.0 and operating income of $127000000.0. The EBITDA in the recently reported quarter was $480000000.0 and diluted EPS was $0.16.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for IP since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.