(VIANEWS) – The NYSE ended the session with International Paper Company (IP) jumping 10.23% to $41.65 on Tuesday while NYSE rose 1.19% to $16,007.73.
International Paper Company’s last close was $37.79, 24.77% below its 52-week high of $50.23.
About International Paper Company
International Paper Company operates as a packaging company primarily in United States, the Middle East, Europe, Africa, Pacific Rim, Asia, and rest of the Americas. It operates through two segments: Industrial Packaging and Global Cellulose Fibers. The Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Global Cellulose Fibers segment provides fluff, market, and specialty pulps that are used in absorbent hygiene products, such as baby diapers, feminine care, adult incontinence, and other non-woven products; tissue and paper products; and non-absorbent end applications, including textiles, filtration, construction material, paints and coatings, reinforced plastics, and other applications. It sells its products directly to end users and converters, as well as through agents, resellers, and paper distributors. The company was founded in 1898 and is headquartered in Memphis, Tennessee.
Earnings Per Share
As for profitability, International Paper Company has a trailing twelve months EPS of $2.45.
PE Ratio
International Paper Company has a trailing twelve months price to earnings ratio of 16.99. Meaning,
the purchaser of the share is investing $16.99 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 16.3%.
Moving Average
International Paper Company’s worth is way higher than its 50-day moving average of $36.37 and higher than its 200-day moving average of $40.09.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Nov 13, 2022, the estimated forward annual dividend rate is 1.85 and the estimated forward annual dividend yield is 5.57%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 38.5% and 43.4%, respectively.
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