According to information provided by Bloomberg Ratings, the twelve analysts who are presently following the stock of International Paper (NYSE: IP) have collectively assigned a “Hold” rating to the company’s share price.
This rating represents the consensus view of the analysts.
A sell rating of three has been assigned to the stock by analysts; experts have assigned a buy rating of two, and analysts have assigned a hold rating of five.
According to the opinions of analysts who have published research on the stock in the preceding year, the average one-year target price for the share price is pegged at $38.82.
This price was determined based on the opinions of analysts who have released research on the stock in the preceding year.
The results of International Paper’s (NYSE: IP) operations were detailed in a report distributed on January 31.
The basic materials trading company reported quarterly earnings of $0.87 per share, which were $0.18 higher than the consensus expectation of $0.69 per share.
The company’s revenue for the quarter was also $0.87 million.
The company’s return on equity and net margin were above 15 percent at International Paper.
The return on equity was 15.81 percent. However, the company could only bring in revenue of $5.13 billion during the quarter, whereas market analysts had predicted that the company would bring in revenue of $5.20 billion.
The company reported a profit of $0.78 per share for the same quarter in the prior year, an increase from the previous year’s results. Compared to the same quarter in the prior year, the increase in revenue was 0.9% higher than expected. For the current fiscal year, equity research analysts have forecasted that International Paper will generate $2.86 in earnings per share for the company.
This is the expectation that has garnered the most support.
Thursday was NYSE’s first day: IP was available for trading, and the opening price was $34.48.
The moving average for the stock over the past 50 days is $37.68, and the moving average over the past 200 days is $36.25, respectively.
The stock’s price-to-earnings ratio is 8.47, its beta value is 1.07, and its total market capitalization is $12.07 billion at present.
The price at which International Paper experienced its 52-week low and 52-week high is $30.69 and $50.23, respectively.
There is 0.57 times as much debt as equity in the company, 0.97 times as much quick debt as there is current debt, and 1.35 times as much quick debt as current debt.
Numerous research studies and analyst reports have been conducted, each covering intellectual property and its subsequent investigations and discussions. Citigroup increased their price target for shares of International Paper from $36.00 to $44.00 and upgraded the stock rating to “neutral” in a report made public on February 2.
In a report made public on February 1, the Royal Bank of Canada upgraded the company to a “sector performed” rating and raised its price objective for shares of International Paper from $36.00 to $40.00.
In addition, the price objective for the company’s stock was increased by the same amount.
This information was included in a report previously distributed by the financial institution.
In a report released on February 1, Wells Fargo & Company increased their price objective on shares of International Paper from $32.00 to $38.00.
The previous price objective was $32.00.
On the other hand, they did not alter the rating they had previously assigned to the stock, which was “equal weight.” In a research report published on February 2, Argus gave the stock a rating of “buy” and increased their price objective on shares of International Paper from $43.00 to $50.00.
This information was included in the report. UBS Group raised the price target they had set for International Paper from $31.00 to $43.00 in a research report that was finally made public on February 3 and was published on Friday.
Despite this, they went from having a “sell” rating on the company’s shares to a “neutral” rating.
In addition, the business recently announced and proceeded with the distribution of a quarterly dividend, which took place on March 15 of this year. On Friday, February 17, shareholders of record were each given a dividend payment of $0.4625.
This payment was made.
The ex-dividend day was last week, on Thursday, February 16, so that is when it occurred.
This equates to a dividend payment of $1.85 per year and a yield of 5.37% if we look at things annually.
The dividend payout ratio, or DPR, for International Paper is 45.45%.
This ratio is also known as the DPR.
It was reported that Senior Vice President Aimee K. Gregg sold 1,862 shares of International Paper stock on February 22.
This information was obtained from other news sources. When all of the shares were finally put up for sale, the average price paid for them was $36.05 per share, resulting in a gain of $67,125.10 in total revenue.
As a result of the successful completion of the transaction, the senior vice president now has direct control over 4,260 company shares, which have a combined value of approximately $153,573.
The Securities and Exchange Commission was given legal documentation about the transaction, which can be viewed by following the link in the previous sentence.
The documentation was provided to the SEC.
It was reported that Senior Vice President Aimee K. Gregg sold 1,862 shares of International Paper stock on February 22.
This information was obtained from other news sources. When all of the shares were finally put up for sale, the average price paid for them was $36.05 per share, resulting in a gain of $67,125.10 in total revenue.
As a result of the successful completion of the transaction, the senior vice president now has direct control over 4,260 company shares, which have a combined value of approximately $153,573.
The Securities and Exchange Commission was given legal documentation about the transaction, which can be viewed by following the link in the previous sentence.
The documentation was provided to the SEC.
Additionally, on Thursday, February 16, Senior Vice President Timothy S. Nicholls sold 5,000 of his shares of International Paper stock.
This transaction took place.
There was 1,947,500 dollars’ worth of transactions involving the company’s stock, with each share selling for an average price of $38.95. Following the completion of the transaction, the senior vice president was granted ownership of 129,261 shares of the company, each of which is currently valued at $5,034,715.95.