Why International Paper Company (NYSE:IP) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $48.750 on International Paper Company (NYSE:IP) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $3.490 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of International Paper Company (NYSE:IP) stands at 26.768.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For International Paper Company Com, the PEG ratio for coming 3-5 years is 2.650.

Technical Analysis

The technical analysis highlights that International Paper Company Com current is trading $2.806 points away or +6.020% from its 50-day moving average of $46.607. Further it is trading $6.891 or +16.207% away its 200-day moving average of $42.521.

The 52-week high of International Paper Company (NYSE:IP) was $49.700 while lowest point recorded in 52-week was $32.500. It implies if stock price makes a movement of over $-0.287, it will record a new 52-week high. In the case of +52.040% drop, it will touch a new 52-week low.

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