For its third fiscal quarter (ending September 30), International Paper Co (NYSE: IP) has reported a -24% decline in E.P.S. from $0.55 a year ago to $0.42 in the current quarter. For the latest four quarters through September 30, E.P.S. were $1.17 compared to $2.17 a year ago — a decline of -46%.
Recent Price Action
International Paper Co (NYSE: IP) stock closed at $55.54 on 10/31/24 after a major increase of 13.3%. Moreover, trading volume in this advance was exceptionally high at 335% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 13.2% during the last week.
Current PriceTarget Research Rating
IP is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
International Paper has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. International Paper has a slightly negative Appreciation Score of 34 but a good Power Rating of 80, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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