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.

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.



Like this

loading...
loading...

Latest


06 January 2018
US Sanctions 4 Venezuelan Officials, Citing Corruption
Falling oil prices, political unrest, and corruption have decimated the country's economy and led to deadly protests under Maduro. On Nov. 9 of a year ago , the U.S.

06 January 2018
Dana Investment Advisors Inc. Sells 7057 Shares of Align Technology, Inc. (ALGN)
Also, Director Joseph Lacob sold 29,724 shares of the business's stock in a transaction that occurred on Thursday, November 30th. Westport Asset Management Inc bought 30,077 shares as the company's stock declined 5.27% while stock markets rallied.

06 January 2018
US imposes sanctions on 5 Iranian entities
No less is expected from European leaders, who need to be more vocal in opposing violence against Iran's peaceful demonstrators. Ambassador Nikki Haley portrayed the protests as a human rights issue that could spill over into an worldwide problem.

06 January 2018
Newmont Mining Corp (NYSE:NEM) EVP Sells $188600.00 in Stock
Amp Capital Investors Ltd increased Cousins Pptys Inc (NYSE:CUZ) stake by 115,300 shares to 266,955 valued at $2.49M in 2017Q3. The stock of Newmont Mining Corporation (NYSE:NEM) has "Hold" rating given on Sunday, December 3 by RBC Capital Markets.

06 January 2018
Caterpillar INC (CAT) Holding Increased by Marietta Investment Partners Llc
Oarsman Cap owns 13,200 shares. 197.84 million shares or 1.05% less from 199.95 million shares in 2017Q2 were reported. At the close of regular trading, its last week's stock price volatility was 4.47% which for the month reaches 4.69%.

06 January 2018
Washington State Sues Motel 6 For Sharing Guest Information With Immigration Authorities
From there, ICE agents would allegedly review the list to find if any of the Motel 6 guests were living in the country illegally. Motel 6 may "keep the lights on", but what they don't tell you is that they mean the flashlight of an ICE agent.

06 January 2018
Renowned celebrity chef Zubaida Tariq passes away at 72
With a formal-sounding name, Mrs Zubaida Tariq, Apa, made her TV debut back in 1996 when she was in her 50s. They settled in Karachi , PIB Colony, where she lived with her five older sisters and four brothers.

06 January 2018
Details, images, and pricing of the Nokia 6 (2018) revealed
We can expect HMD to launch the Nokia 6 2018 in India soon enough but the company will have to get the pricing right on this one. Instead of having a Qualcomm Snapdragon 400-series chip, the company has opted for Snapdragon 630 alongside 4GB LPDDR4 RAM.

06 January 2018
Walgreens Boots Alliance Updates Earnings Outlook; Q2 Profit Beats Estimates
Walgreens' relationship with Prime Therapeutics, and their formation of AllianceRx Walgreens Prime, boosted prescription volumes. Shares of Walgreens Boots Alliance closed the previous trading session at 73.30 down -2.21 2.92% with 73.5 shares trading hands.

06 January 2018
State lawmakers expected in new session to debate legalizing pot
Driving while under the influence remains illegal, and one's marijuana stash must be kept in a closed container or in the trunk. Colorado's US attorney, Bob Troyer, said his office won't change its approach to prosecution, despite Sessions' guidance.