More Unnerving Face-Rippers Ahead? International Paper Company (IP)

Wall Street analysts will be watching closely when International Paper Company (NYSE:IP) reports its quarterly earnings next, which is scheduled for Thu 31 Jan (In 18 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $1.28 per share. In the preceding quarter, the company reportedly generated EPS of $1.56 per share of its common stock. Looking at profitability indicators, this organization has a gross margin of 30.80%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of International Paper Company (NYSE:IP). Most recently, on January 9th, 2019, Wells Fargo Downgrade a Market Perform rating. Before that, on October 23rd, 2018, Seaport Global Securities Initiated to Neutral. Goldman Downgrade a Neutral rating on October 10th, 2018, Citigroup Resumed an Buy rating on July 23rd, 2018, and Deutsche Bank Resumed a Hold rating on June 18th, 2018.

At its current price point, combined with the fact that this company has 401.18M shares outstanding, the current market capitalization sits at 18.15B. In the last trading day, 3,805,730 shares of International Paper Company were traded, which compares to its usual volume of about 4.04M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $2.98 in the past five trading days, resulting in a percentage change of +7.05% and a moving average of 43.78. In the past 20 days, its price changed by $0.98 (which is +2.21%) and the stock’s moving average was 41.43. Looking back a full 50 days, shares of IP changed by $1.60 (which is +3.67%) and demonstrated a moving average of 44.00.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 92.49%, a 14-day Stochastic %K score of 94.02% and a 20-day Stochastic %K score of 87.15%. Using a similar metric, International Paper Company (IP) shares showed a Stochastic %D of 90.95% over the past 9 days, a Stochastic %D score of 92.36% over the last 14 days, and a 20-day Stochastic %D of 77.82%. Meanwhile, this stock’s MACD Oscillator was 1.71 over the past 9 days, 2.87 over the past two weeks, and 2.82 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $45.24 level. Over the past 12 months, this stock has experienced a high price of $66.94 and a low of $37.55. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

Wellington Management Co LLP purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from International Paper Company (NYSE:IP) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 35,654,883 shares of the company’s stock following the addition of 646,650 to this investor’s holdings during the three-month period. This share count represents that Wellington Management Co LLP now held 8.80% stake in International Paper Company (IP)’s shares.

Just in the most recent trading day, International Paper Company (NYSE:IP) experienced a high price of $45.265 and low point of $44.37. At the end of the last trading session, this stock was at 45.24 per share, following a loss of -$0.21, or 0.96% during the full day.