Analysts See $1.13 EPS for International Paper Company (IP)

July 16, 2018 - By Robert Shackelford

International Paper Company (NYSE:IP) LogoInvestors sentiment decreased to 0.98 in Q1 2018. Its down 0.19, from 1.17 in 2017Q4. It dived, as 65 investors sold International Paper Company shares while 238 reduced holdings. 86 funds opened positions while 212 raised stakes. 332.80 million shares or 0.29% more from 331.84 million shares in 2017Q4 were reported.
Hudock Cap Ltd reported 550 shares. Raymond James And Assoc, a Florida-based fund reported 620,473 shares. Legal General Gru Public Lc holds 0.08% or 2.03 million shares. Spears Abacus Advsr Ltd Liability Company owns 0.05% invested in International Paper Company (NYSE:IP) for 6,470 shares. Moors And Cabot Inc holds 61,849 shares. S&Co, a Massachusetts-based fund reported 7,000 shares. Da Davidson And owns 246,730 shares. Captrust Fincl Advsr accumulated 1,250 shares. Dubuque National Bank And Trust stated it has 78,166 shares or 0.68% of all its holdings. 14,000 were reported by Hollencrest Capital Mngmt. Meiji Yasuda Asset Management Ltd reported 0.05% of its portfolio in International Paper Company (NYSE:IP). Cleararc Cap Inc stated it has 0.08% in International Paper Company (NYSE:IP). Mariner Ltd Liability Corp holds 0.01% of its portfolio in International Paper Company (NYSE:IP) for 3,970 shares. Wg Shaheen Dba Whitney reported 3,400 shares. Skba Capital Mngmt Lc owns 10,700 shares.

Since June 14, 2018, it had 1 insider purchase, and 2 selling transactions for $1.85 million activity. Ealy Carleton C sold $1.25 million worth of stock or 22,000 shares. Shares for $11,126 were bought by BONNOT VINCENT P.

Analysts expect International Paper Company (NYSE:IP) to report $1.13 EPS on July, 26 before the open.They anticipate $0.48 EPS change or 73.85 % from last quarter’s $0.65 EPS. IP’s profit would be $467.92 million giving it 11.59 P/E if the $1.13 EPS is correct. After having $0.94 EPS previously, International Paper Company’s analysts see 20.21 % EPS growth. The stock decreased 1.43% or $0.76 during the last trading session, reaching $52.39. About 719,964 shares traded. International Paper Company (NYSE:IP) has risen 3.78% since July 16, 2017 and is uptrending. It has underperformed by 8.79% the S&P500.

International Paper Company (NYSE:IP) Ratings Coverage

Among 7 analysts covering International Paper Co (NYSE:IP), 5 have Buy rating, 1 Sell and 1 Hold. Therefore 71% are positive. International Paper Co had 13 analyst reports since January 25, 2018 according to SRatingsIntel. The rating was downgraded by BMO Capital Markets to “Market Perform” on Wednesday, March 7. On Wednesday, June 6 the stock rating was upgraded by RBC Capital Markets to “Buy”. Wells Fargo maintained the shares of IP in report on Monday, July 9 with “Outperform” rating. The firm earned “Buy” rating on Thursday, February 1 by Bank of America. As per Monday, February 12, the company rating was maintained by Barclays Capital. The firm earned “Hold” rating on Tuesday, April 17 by RBC Capital Markets. As per Thursday, January 25, the company rating was maintained by BMO Capital Markets. The stock of International Paper Company (NYSE:IP) has “Market Perform” rating given on Wednesday, March 7 by Wells Fargo. The firm has “Buy” rating given on Wednesday, June 6 by BMO Capital Markets. The stock of International Paper Company (NYSE:IP) has “Hold” rating given on Tuesday, March 27 by Wells Fargo.

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 market cap of $21.69 billion. The firm operates through four divisions: Industrial Packaging, Global Cellulose Fibers, Printing Papers, and Consumer Packaging. It has a 8.23 P/E ratio. The Industrial Packaging segment makes containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft.

Another recent and important International Paper Company (NYSE:IP) news was published by Seekingalpha.com which published an article titled: “Containerboard sector on watch for July volatility” on July 05, 2018.

International Paper Company (NYSE:IP) Institutional Positions Chart

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