International Paper Companys in-depth stock price analysis indicates that the stock price has rallied 9.16% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 8.18% . Looking at the past 52 week period, the stock price is up at 54.83% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of International Paper Company has a positive value of 29.29 compared to overall market. International Paper Company (NYSE:IP) has tumbled 0.23% during the past week and has dropped 1.23% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.03%. International Paper Company (NYSE:IP) has underperformed the index by 3% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
International Paper Company (NYSE:IP) : On Friday heightened volatility was witnessed in International Paper Company (NYSE:IP) which led to swings in the share price. The stock opened for trading at $52.38 and hit $53.03 on the upside , eventually ending the session at $52.89, with a gain of 1.4% or 0.73 points. The heightened volatility saw the trading volume jump to 3,815,309 shares. The 52-week high of the share price is $58.86 and the company has a market cap of $21,749 million. The 52-week low of the share price is at $32.8605 .
International Paper Co Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.73 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.71. The company had revenue of $5381.00 million for the quarter, compared to analysts expectations of $5319.52 million. The companys revenue was down -1.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.87 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.International Paper Co was Downgraded by Barclays on Feb 6, 2017 to Underweight, Lowers Price Target to $ 45 from a previous price target of $50 .International Paper Co was Upgraded by Citigroup to Buy on Jan 26, 2017. International Paper Co was Upgraded by Jefferies to Buy on Jan 20, 2017.
Company has reported several Insider transactions to the SEC, on Feb 9, 2017, John V Sims (Senior Vice President) sold 33 shares at 53.10 per share price.On Dec 13, 2016, Thomas G Kadien (Senior Vice President) sold 10,000 shares at 53.33 per share price.On Dec 12, 2016, Sharon R. Ryan (SVP, GC and Corp Secretary) sold 4,871 shares at 53.47 per share price.
International Paper Co. is a global paper and forest products company that is complemented by an extensive distribution system. The company produces printing and writing papers, pulp, tissue, paperboard and packaging and wood products. The company also manufacture specialty chemicals and specialty panels and laminated products. Its primary markets and manufacturing and distribution operations are in the United States, Europe and the Pacific Rim.