Economy

Equities Analysts Issue Forecasts for International Paper Company's FY2018 Earnings (IP)

Fifth Third Bancorp decreased Apple Inc (NASDAQ:AAPL) stake by 15,562 shares to 2.05 million valued at $315.57 million in 2017Q3. KapStone Paper and Packaging Corporation (NYSE:KS) has risen 45.78% since January 5, 2017 and is uptrending. It has outperformed by 10.25% the S&P500. After $1.08 actual earnings per share reported by International Paper Company for the previous quarter, Wall Street now forecasts 10.19% EPS growth. Public Employees Retirement System of OH now owns 5,947 shares of the basic materials company's stock valued at $123,000 after buying an additional 239 shares during the last quarter.

The stock increased 0.54% or $0.005 during the last trading session, reaching $0.935. It has outperformed by 16.14% the S&P500. The company has market cap of $25.50 billion. The Company operates in three segments: Industrial Packaging, Printing Papers and Consumer Packaging. It has a 28.46 P/E ratio.

Analysts await International Paper Company (NYSE:IP) to report earnings on February, 1 before the open. They expect $0.37 earnings per share, up 60.87% or $0.14 from last year's $0.23 per share. RBC Capital Markets maintained International Paper Company (NYSE:IP) on Monday, May 29 with "Buy" rating. Therefore 56% are positive. International Paper Co has a 12-month low of $37.77 and a 12-month high of $58.86. International Paper presently has an average rating of "Hold" and an average price target of $62.09. International Paper had a return on equity of 32.96% and a net margin of 4.29%. The ex-dividend date of this dividend was Tuesday, November 14th. The firm has "Sector Perform" rating given on Monday, April 25 by RBC Capital Markets. The firm has "Buy" rating given on Monday, September 18 by BMO Capital Markets. The firm has "Buy" rating given on Wednesday, January 18 by Suntrust Robinson. The stock decreased 0.75% or $0.385 during the last trading session, reaching $51.245. Its down 0.08, from 1.03 in 2017Q2.

9 analysts on average are expecting International Paper Company to report earnings of $1.01 per share for the current quarter. 71 funds opened positions while 254 raised stakes. NEXT Financial Group Inc now owns 2,690 shares of the company's stock valued at $129,000 after buying an additional 1,403 shares during the last quarter. 87,824 were reported by Advantus Cap. Manchester Capital Mngmt Ltd Limited Liability Company holds 0.02% of its portfolio in International Paper Company (NYSE:IP) for 2,602 shares. Of those insider trades, 0 shares of KapStone Paper and Packaging Corporation were purchased and 103,385 shares were sold. Deprince Race & Zollo reported 0.65% stake. Stevens Cap Mgmt Ltd Partnership owns 65,821 shares for 0.14% of their portfolio. Schwab Charles Invest reported 2.13M shares stake.

Cwm Lc stated it has 140 shares or 0% of all its holdings. Commerzbank Aktiengesellschaft Fi invested in 14,251 shares or 0.01% of the stock. This is an increase from International Paper's previous quarterly dividend of $0.46. International Paper Company (NYSE:IP) has risen 26.95% since January 4, 2017 and is uptrending. Rodgers Brothers Inc has 0.45% invested in International Paper Company (NYSE:IP). Gofen Glossberg Limited Liability Company Il holds 0.01% or 3,950 shares. There were 20 sold out positions, amounting to 1.58 million shares. Highvista Strategies Limited Liability Corp reported 4,200 shares stake. Acadian Asset Management Llc, a Massachusetts-based fund reported 335,421 shares. Microsemi Corp (NASDAQ:MSCC) was reduced too.

Since August 1, 2017, it had 0 insider purchases, and 1 sale for $57,654 activity. Shares for $1.71M were sold by Pope Lawrence J on Tuesday, September 5. EPS ratio determined by looking at last 12 month figures is 0.75. HAL's profit will be $401.41M for 27.88 P/E if the $0.46 EPS becomes a reality. Finally, ValuEngine cut shares of International Paper from a buy rating to a hold rating in a research report on Wednesday, November 15th. Therefore 90% are positive. Barclays PLC had 346 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by HSBC with "Buy" on Wednesday, February 1.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.2 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. The rating was maintained by Goldman Sachs on Thursday, October 20 with "Buy". Citigroup downgraded the shares of IP in report on Monday, January 25 to "Neutral" rating. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company. Cowen & Co maintained the shares of HAL in report on Tuesday, October 24 with "Hold" rating.

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