International Paper logged a -0.7% change during today's morning session, and is now trading at a price of $55.15 per share. The S&P 500 index moved 1.0%. IP's trading volume is 1,113,983 compared to the stock's average volume of 4,206,273.
International Paper trades 7.13% away from its average analyst target price of $51.48 per share. The 9 analysts following the stock have set target prices ranging from $45.0 to $61.0, and on average have given International Paper a rating of buy.
If you are considering an investment in IP, you'll want to know the following:
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International Paper's current price is 162.5% above its Graham number of $21.01, which implies that at its current valuation it does not offer a margin of safety
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International Paper has moved 60.5% over the last year, and the S&P 500 logged a change of 30.9%
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Based on its trailing earnings per share of 1.17, International Paper has a trailing 12 month Price to Earnings (P/E) ratio of 47.1 while the S&P 500 average is 29.3
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IP has a forward P/E ratio of 20.2 based on its forward 12 month price to earnings (EPS) of $2.73 per share
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The company has a price to earnings growth (PEG) ratio of 2.04 — a number near or below 1 signifying that International Paper is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 2.28 compared to its sector average of 2.64
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International Paper Company produces and sells renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa.
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Based in Memphis, the company has 39,000 full time employees and a market cap of $19.16 Billion.
