International Paper Co (NYSE: IP) has reported E.P.S. of $0.16 for its first fiscal quarter (ending March 31) versus $0.49 for the same period a year ago. E.P.S. were $0.53 for the latest four quarters through March 31 versus $4.58 for the same period a year ago.
Recent Price Action
On 4/25/24, International Paper Co (NYSE: IP) stock declined by -2.6%, closing at $33.52. Moreover, exceptionally high trading volume at 202% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -4.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, IP is expected to continue to be an important Value Builder.
International Paper has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. International Paper has a neutral Appreciation Score of 50 and a slightly positive Power Rating of 70, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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