Shares of Basic Materials sector company International Paper Company moved 1.8% today, and are now trading at a price of $36.59. The large-cap stock's daily volume was 4,658,304 compared to its average volume of 3,408,674. The S&P 500 index returned a -1.0% performance.
International Paper Company produces renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa. The company is based in Memphis and has 39,000 full time employees. Its market capitalization is $12,698,815,488.
9 analysts are following International Paper Company and have set target prices ranging from $26.0 to $42.0 per share. On average, they have given the company a rating of hold. At today's prices, IP is trading 11.25% away from its average analyst target price of $32.89 per share.
Over the last year, IP shares have gone down by -11.0%, which represents a difference of -21.0% when compared to the S&P 500. The stock's 52 week high is $45.18 per share and its 52 week low is $29.01. Although International Paper Company's average free cash flow over the last 4 years has been $3.0 Billion, they have been decreasing at an average rate of -18.4%. For this reason, investors may continue to shun the stock.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cashflow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-17 | 2,174,000 | 13,000 | 2,161,000 | 12.03 |
| 2022-02-18 | 2,030,000 | 101,000 | 1,929,000 | -36.86 |
| 2021-02-19 | 3,063,000 | 8,000 | 3,055,000 | -37.24 |
| 2020-02-19 | 3,610,000 | -1,258,000 | 4,868,000 | n/a |
