As of February, 7 Analysts See $1.62 EPS for International Paper Company (IP)

International Paper Company (NYSE:IP) Corporate Logo
Big Money Sentiment increased to 1.32 in Q3 2018. It has change of 0.15, from 2018Q2’s 1.17. The ratio increased due to International Paper Company positioning: 41 sold and 210 reduced. 83 funds took positions and 249 increased positions. Investors holded 329.74 million in 2018Q2 but now own 319.50 million shares or 3.11% less.
Reilly Financial Advsrs Ltd Liability stated it has 0.01% in International Paper Company (NYSE:IP). Virtu Fincl Ltd Company holds 0% of its capital in International Paper Company (NYSE:IP) for 22,367 shs. 303 are held by Tradewinds Management Ltd Llc. Deutsche Natl Bank Ag holds 1.03M shs or 0.03% of its capital. Advisor Prtnrs Ltd Liability Corporation has invested 0.07% of its capital in International Paper Company (NYSE:IP). 6,909 were accumulated by Efg Asset Management (Americas) Corp. Spc Fin owns 9,000 shs or 0.09% of their US capital. Moreover, City Holdg has 0.06% invested in International Paper Company (NYSE:IP). At Commercial Bank reported 5,423 shs. The Connecticut-based Hartford Mgmt has invested 0.19% in International Paper Company (NYSE:IP). Mrj Cap invested 2.61% of its capital in International Paper Company (NYSE:IP). Dekabank Deutsche Girozentrale, a Germany-based fund reported 197,759 shs. First Quadrant Limited Partnership Ca has invested 0% of its capital in International Paper Company (NYSE:IP). Illinois-based Premier Asset Management Ltd Llc has invested 0.22% in International Paper Company (NYSE:IP). Stratos Wealth Ptnrs stated it has 0.11% of its capital in International Paper Company (NYSE:IP).

International Paper Company had 3 insider sales and 0 buys since August 28, 2018. This’s net activity of $1.69 million. On Wednesday, September 19 4,725 shs were sold by SIMS JOHN V, worth $256,821. Another trade for 10,000 shs valued at $542,049 was made by Ribieras JeanMichel on Wednesday, September 19.

International Paper Company (NYSE:IP)’s earnings report is expected on February, 7., Faxor reports. This year’s EPS analyst estimate is expected to be $1.62. That is 27.56 % up compareed to $1.27 EPS for last year. This could be $656.13 million profit for IP assuming the current $1.62 EPS will become reality. Analysts at Wall Street see International Paper Company’s 3.85 % EPS growth compared to $1.56 EPS for last quarter. IP is reaching $45.24 during the last trading session, after increased 0.96%.International Paper Company has volume of 3.81 million shares. Since January 12, 2018 IP has declined 21.99% and is downtrending. IP underperformed by 21.99% the S&P 500.

International Paper Company (NYSE:IP) Ratings Coverage

A total of 7 analysts rate International Paper (NYSE:IP) as follows: 2 “Buy”, 4 “Hold” and 1 “Sell”. Š¢herefore 29% are bullish. (NYSE:IP) has 10 ratings reports on Jan 12, 2019 according to StockzIntelligence. The company rating was maintained by Barclays Capital on Monday, October 29. In Tuesday, October 9 report BMO Capital Markets downgraded the stock to “Market Perform” rating. The company rating was downgraded by Goldman Sachs on Wednesday, October 10. The company rating was maintained by Argus Research on Monday, October 29. On Thursday, October 11 Citigroup maintained International Paper Company (NYSE:IP) rating. Citigroup has “Buy” rating and $51 target. On Wednesday, January 9 Wells Fargo downgraded International Paper Company (NYSE:IP) to “Market Perform” rating. On Friday, July 27 the stock has “Outperform” rating by BMO Capital Markets. In Monday, July 23 report Citigroup maintained it with “Buy” rating and $65 target. On Monday, July 30 Barclays Capital maintained International Paper Company (NYSE:IP) rating. Barclays Capital has “Underweight” rating and $52 target.

International Paper Company operates as a paper and packaging firm in North America, Europe, Latin America, Russia, Asia, Africa, and the Middle East.The company has $18.32 billion market cap. The firm operates through four divisions: Industrial Packaging, Global Cellulose Fibers, Printing Papers, and Consumer Packaging.The P/E ratio is 5.97. The Industrial Packaging segment makes containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft.

More recent International Paper Company (NYSE:IP) news were announced by Streetinsider.com, Seekingalpha.com and Seekingalpha.com. The first one has “International Paper Company (IP), Others Gain as Georgia-Pacific To Exit Communication Papers Business – StreetInsider.com” as a title and was announced on January 10, 2019. The next is “Wells Fargo warns on containerboard prices – Seeking Alpha” on January 09, 2019. And last was announced on December 27, 2018, called “International Paper: Get The Dividend While You Can – Seeking Alpha”.

International Paper Company (NYSE:IP) Institutional Investors Chart

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