International Paper Company (IP) is priced at $63.28 after the most recent trading session. At the very opening of the session, the stock price was $63.98 and reached a high price of $64.24, prior to closing the session it reached the value of $64.15. The stock touched a low price of $63.23.
Recently in News on June 7, 2021, International Paper Announces Cash Tender Offer For Certain of its Outstanding Notes for an Aggregate Purchase Price of up to $700 million. International Paper Company (NYSE: IP) (the “Company”) announced today that it has commenced a cash tender offer (the “Offer”) for up to $700 million aggregate purchase price (excluding Accrued Interest (as defined below) and excluding fees and expenses related to the Offer ) (the “Aggregate Maximum Amount”) of its outstanding 4.400% Notes due 2047 (the “4.400% Notes”), 4.350% Notes due 2048 (the “4.350% Notes”), 4.80% Notes due 2044 (the “4.80% Notes”) and 5.000% Notes due 2035 (the “5.000% Notes,” and, together with the 4.400% Notes, the 4.350% Notes and the 4.80% Notes, the “Notes”). The terms and conditions of the Offer are described in the Company’s offer to purchase dated June 7, 2021 (as may be amended or supplemented from time to time, the “Offer to Purchase”). You can read further details here
International Paper Company had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $65.27 on 06/04/21, with the lowest value was $46.48 for the same time period, recorded on 02/04/21.
International Paper Company (IP) full year performance was 65.18%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, International Paper Company shares are logging -3.05% during the 52-week period from high price, and 94.17% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $32.59 and $65.27.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 1985752 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the International Paper Company (IP) recorded performance in the market was 27.27%, having the revenues showcasing 15.86% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 24.61B, as it employees total of 49300 workers.
Analysts verdict on International Paper Company (IP)
During the last month, 7 analysts gave the International Paper Company a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 3 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 55.51, with a change in the price was noted +13.30. In a similar fashion, International Paper Company posted a movement of +26.61% for the period of last 100 days, recording 3,040,205 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for IP is recording 1.03 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.03.
International Paper Company (IP): Technical Analysis
Raw Stochastic average of International Paper Company in the period of last 50 days is set at 83.33%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 57.75%. In the last 20 days, the company’s Stochastic %K was 67.09% and its Stochastic %D was recorded 74.45%.
Let’s take a glance in the erstwhile performances of International Paper Company, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 27.27%. Additionally, trading for the stock in the period of the last six months notably improved by 30.02%, alongside a boost of 65.18% for the period of the last 12 months. The shares increased approximately by 0.08% in the 7-day charts and went down by 1.93% in the period of the last 30 days. Common stock shares were driven by 15.86% during last recorded quarter.