Consensus Analyst Estimated Price Target of $37.70 for International Paper Co. (NYSE:IP) Stock

BofA Securities raised the price target for the International Paper Co. (NYSE:IP) stock from “an Underperform” to “a Buy”. The rating was released on March 04, 2024, according to finviz. The stock was upgraded by Jefferies, who disclosed in a research note on September 27, 2023, from Underperform to Hold and set the price objective to $33. In their research brief published September 21, 2023, Truist analysts upgraded the International Paper Co. stock from Hold to Buy with a price target of $43.

Historical Earnings Surprises and Revenue Forecasts

Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of $0.41 during the last quarter as opposed to a consensus estimate of $0.34, which indicates the company beat its estimate by $0.07, which implies that the company surprised the market by 20.60%. It appears that the average earnings per share estimate for the current quarter (ending in Mar 2024) is $0.22. This is an average of 5 analysts’ earnings, where the high earnings per share estimate is $0.25 and the low earnings per share estimate is $0.19. According to 5 analyst estimates, an average revenue estimate of $4.56B is projected for the current quarter with a high revenue estimate of $4.9B and a low estimate of $4.32B.

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The latest trade, Performances and Moving Averages give us the following Picture

The firm’s stock price fluctuated -5.26% within the last five trades and 10.41% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 9.11% in the last 6 months and 7.05% was added to its value over the previous 3 months. IP stock is trading at a margin of 3.20%, 7.14% and 11.00% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

As of the close of trading, IP deals in the Consumer Cyclical domain. The stock is trading -6.25 percent below its 52-week high and 33.43 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 13.37. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does International Paper Co.’s Profitability and Valuation Ratios Tell Us About the Stock?

With regard to the profitability of the company, the operating margin is currently at 4.05 percent and the profit margin is 1.60 percent, and the company has reported a gross margin of 20.38 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.

The stock’s market cap achieved a total value of $13.40 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for International Paper Co. (NYSE:IP) is 45.08. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 13.84. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 0.71 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 1.60, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 1.38 percent of International Paper Co. shares are owned by insiders, and 82.88 percent are held by financial institutions. SULLIVAN KATHRYN D, the Director at International Paper Co. (IP) has sold 600 shares of firm on Apr 01 ’24 at a price of $38.92 against the total amount of $23352.0. In another inside trade, SULLIVAN KATHRYN D, Director of International Paper Co. (NYSE:IP) sold 600 shares of the firm on Mar 15 ’24 for a total worth of $21654.0 at a price of $36.09. An inside trade which took place on Feb 28 ’24, Senior Vice President of International Paper Co. Royalty James P Jr. sold 5,800 shares of firm against total price of $0.2 million at the cost of $34.75 per share.

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