International Paper (IP) is a strong buy according to our AI trading strategy. Between 2020-11-24 and 2023-02-03, the strategy would have made a potential return of 88.04%, with an average of 29.35% per trade and lasting an average of 106.0 days in the long position over the period. There were a total of 3.0 positions taken. The prediction is based on a model with an overall accuracy of 0.8 when predicting an upward trend in the following two weeks. The analyst consensus price target is 37.65.
International Paper (NYSE: IP) is an American pulp and paper company that is the largest of its kind in the world. The company is based in Memphis, Tennessee and has a current market capitalization of almost $14 billion. Its stock is currently trading at $34.21 as of 2023-09-13, down from its 52-week high of $48.57.
The company has a long history of success. It has consistently reported positive earnings and revenue growth over the years. In the latest quarter ending December 31, 2022, revenue was $21.16 billion and earnings per share were reported at $4.74. The company has a price-to-earnings ratio of 8.15 and a dividend yield of 0.0479. International Paper has a trailing 12-month profit margin of 0.0711, operating margin of 0.0951, and return on assets of 0.0512.
International Paper has a price-to-book ratio of 1.391, price-to-sales ratio of 0.616, and EV-to-revenue of 0.868. The company also has a beta of 1.026, 50-day moving average of 37.14, and 200-day moving average of 39.7.
Overall, International Paper has consistently been a strong performer in the market. Its current share price reflects the company’s long-term performance and current market conditions. With an analyst target price of $37.65, the stock appears to be a good value at its current price.
Symbol: IP
AssetType: Common Stock
Name: International Paper
Description: The International Paper Company (NYSE: IP) is an American pulp and paper company, the largest such company in the world. The company is headquartered in Memphis, Tennessee.
CIK: 51434
Exchange: NYSE
Currency: USD
Country: USA
Sector: MANUFACTURING
Industry: PAPER MILLS
Address: 6400 POPLAR AVENUE, MEMPHIS, TN, US
FiscalYearEnd: December
LatestQuarter: 2022-12-31
MarketCapitalization: 13739533000
EBITDA: 3053000000
PERatio: 8.15
PEGRatio: 0.902
BookValue: 24.05
DividendPerShare: 1.85
DividendYield: 0.0479
EPS: 4.74
RevenuePerShareTTM: 58.25
ProfitMargin: 0.0711
OperatingMarginTTM: 0.0951
ReturnOnAssetsTTM: 0.0512
ReturnOnEquityTTM: 0.198
RevenueTTM: 21161001000
GrossProfitTTM: 6081000000
DilutedEPSTTM: 4.74
QuarterlyEarningsGrowthYOY: 0.2
QuarterlyRevenueGrowthYOY: 0.009
AnalystTargetPrice: 37.65
TrailingPE: 8.15
ForwardPE: 10.81
PriceToSalesRatioTTM: 0.616
PriceToBookRatio: 1.391
EVToRevenue: 0.868
EVToEBITDA: 6.8
Beta: 1.026
52WeekHigh: 48.57
52WeekLow: 30.29
50DayMovingAverage: 37.14
200DayMovingAverage: 39.7
SharesOutstanding: 355670000
DividendDate: 2023-03-15
ExDividendDate: 2023-02-16
Date | Symbol | Prediction | Model Accuracy | Price Target | Analyst Target |
---|---|---|---|---|---|
2023-09-13 | IP | STRONGBUY | 0.8 | 34.21 | 37.65 |
2023-09-01 | IP | MEDIUMBUY | 0.8 | 34.54 | 37.65 |
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The Third Perspective Team