Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Sylvamo Corp before investing.

In this article, we go over a few key elements for understanding Sylvamo Corp’s stock price such as:

• Sylvamo Corp’s current stock price and volume
• Why Sylvamo Corp’s stock price changed recently
• Upgrades and downgrades for SLVM from analysts
• SLVM’s stock price momentum as measured by its relative strength

About Sylvamo Corp (SLVM)

Before we jump into Sylvamo Corp’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Sylvamo Corporation is an uncoated papers company. The Company?s segments include Europe, Latin America and North America. Europe segment produces a portfolio of uncoated freesheet papers for various uses and applications, and market pulp. The segment operates one paper and pulp mill in the region in Saillat, France. Latin American segment?s operations is focused on uncoated freesheet paper, as well as market pulp through the ownership or management of approximately 250,000 acres of forestlands in Brazil and consists of three mills: two integrated mills in the State of Sao Paulo and one non-integrated mill in Mato Grosso do Sul. The North American segment?s paper business manufactures uncoated freesheet papers at its mills in Eastover, South Carolina and Ticonderoga, New York and has offtake agreements to purchase the uncoated papers produced by International Paper?s Riverdale and Georgetown mills in Selma, Alabama and Georgetown, South Carolina.

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Sylvamo Corp’s Stock Price as of Market Close

As of February 26, 2024, 4:00 PM, CST, Sylvamo Corp’s stock price was $57.97.

Sylvamo Corp is up 4.32% from its previous closing price of $55.57.

During the last market session, Sylvamo Corp’s stock traded between $54.59 and $55.75. Currently, there are 41.40 million shares of Sylvamo Corp stock available for purchase.

Sylvamo Corp’s price-earnings (P/E) ratio is currently at 9.3, which is high compared to the Paper Products industry median of 7.6. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Sylvamo Corp Stock Price History

Sylvamo Corp’s (SLVM) price is currently up 24.85% so far this month.

During the month of February, Sylvamo Corp’s stock price has reached a high of $58.56 and a low of $44.94.

Over the last year, Sylvamo Corp has hit prices as high as $57.29 and as low as $37.59. Year to date, Sylvamo Corp’s stock is up 19.3%.

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What Caused Sylvamo Corp Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of February 23, 2024,, no analysts have changed their rating of Sylvamo Corp’s stock over the last month.

Additionally, you'll want to evaluate Sylvamo Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Sylvamo Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Sylvamo Corp’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Sylvamo Corp (SLVM) by visiting AAII Stock Evaluator.

Relative Price Strength of Sylvamo Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of February 23, 2024, Sylvamo Corp has a weighted four-quarter relative price strength of -0.92%, which translates to a Momentum Score of 70 and is considered to be Strong.

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Sylvamo Corp Stock Price: Bottom Line

As of February 26, 2024, Sylvamo Corp’s stock price is $57.97, which is up 4.32% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Sylvamo Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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