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

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

• International Paper Co’s current stock price and volume
• Why International Paper Co’s stock price changed recently
• Upgrades and downgrades for IP from analysts
• IP’s stock price momentum as measured by its relative strength

About International Paper Co (IP)

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

International Paper Company is a global producer of sustainable packaging, pulp, and other fiber-based products, and a recycler. The Company operates through two segments: Industrial Packaging and Global Cellulose Fibers. The Industrial Packaging segment is focused on creating fiber-based packaging that protects and promotes goods, enables worldwide commerce, and helps keep consumers safe. The segment offers products, including linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft. The Global Cellulose Fibers segment creates pulp for a wide range of applications, such as diapers, towel and tissue products, feminine care, incontinence, and other personal care products that promote health and wellness. In addition, its specialty pulps serve as a sustainable raw material used in textiles, construction materials, paints, coatings and more. It serves customers worldwide, with manufacturing operations in North America, Latin America, North Africa and Europe.

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International Paper Co’s Stock Price as of Market Close

As of May 07, 2024, 4:02 PM, CST, International Paper Co’s stock price was $38.84.

International Paper Co is up 5.2% from its previous closing price of $36.92.

During the last market session, International Paper Co’s stock traded between $36.22 and $37.23. Currently, there are 346.70 million shares of International Paper Co stock available for purchase.

International Paper Co’s price-earnings (P/E) ratio is currently at 69.4, which is high compared to the Paper Packaging industry median of 18.2. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

International Paper Co Stock Price History

International Paper Co’s (IP) price is currently up 11.16% so far this month.

During the month of May, International Paper Co’s stock price has reached a high of $41.30 and a low of $34.54.

Over the last year, International Paper Co has hit prices as high as $41.28 and as low as $29.01. Year to date, International Paper Co’s stock is up 12.16%.

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What Caused International Paper Co 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?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 06, 2024, there were 2 analysts who downgraded International Paper Co’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate International Paper Co’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 International Paper Co’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

International Paper Co’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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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 International Paper Co (IP) by visiting AAII Stock Evaluator.

Relative Price Strength of International Paper Co

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 May 06, 2024, International Paper Co has a weighted four-quarter relative price strength of -0.24%, which translates to a Momentum Score of 64 and is considered to be Strong.

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International Paper Co Stock Price: Bottom Line

As of May 7, 2024, International Paper Co’s stock price is $38.84, which is up 5.2% 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 International Paper Co stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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