42.60 0.00 (0.00%)
After hours: 5:14PM EDT
|Bid||41.79 x 1100|
|Ask||42.59 x 3000|
|Day's Range||42.21 - 43.43|
|52 Week Range||37.55 - 54.95|
|Beta (3Y Monthly)||1.36|
|PE Ratio (TTM)||10.25|
|Earnings Date||Jul 25, 2019|
|Forward Dividend & Yield||2.00 (4.76%)|
|1y Target Est||48.33|
International Paper's (IP) segments to be affected by price and volume pressure, as well as higher maintenance outages in second-quarter 2019.
Although down for the better part of the day, stocks managed to fight their way back into the black on Monday. The S&P 500's 0.02% rise is anything but impressive, but it gives the bulls another day to build their technical and psychological support.Source: Shutterstock Symantec (NASDAQ:SYMC) held the rally back more than any other name, falling more than 10% after Broadcom (NASDAQ:AVGO) announced it was throwing in the towel in its acquisition effort. Teva Pharmaceutical (NYSE:TEVA) was problematic too, however, falling nearly 8% after Morgan Stanley downgraded the stock. Analyst David Risinger is worried about underestimated competition and litigation risks related to its opioid business.At the other end of the spectrum, Tesla (NASDAQ:TSLA) jumped more than 3% for a bevy of reasons, including winning two different "car of the year" awards.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Monthly Dividend Stocks to Buy to Pay the Bills As Tuesday's action gets going, however, it's the stock charts of Ford (NYSE:F), International Paper (NYSE:IP) and LyondellBasell Industries (NYSE:LYB) that merit the most attention. Here's why. International Paper (IP)The last time we looked at International Paper back in mid May, it was trapped in a downtrend largely guided by resistance at the 200-day moving average line, plotted in white on both stock charts. A near-term technical floor was holding it, but the sellers were persistently chipping away.They ultimately won the fight, dragging shares below that support area. The stock tried to bounce back, as it has since early 2018. As has also been the case since then, however, IP once again lost a fight when another ceiling stepped up to the plate. Things are apt to get worse before they get better. Click to Enlarge * The newest technical ceiling is the 50-day moving average line, plotted in purple. Rebound efforts repelled there in early June and again in early July. * This month's weakness has also been on above-average selling volume, suggesting there are more bears waiting in the wings. * The next major technical floor is around $39.50, marked in red. International Paper shares have found a floor there a few times since the beginning of 2016, and late last year in particular. LyondellBasell Industries (LYB)Two weeks ago, LyondellBasell Industries shares appeared to be on the mend. They had snapped back from a rough May, crawling back above the purple 50-day moving average line and then the gray 100-day average line, and then started to find support at that moving average. However, a push up and off the 100-day line to test the white 200-day moving average line ultimately proved disastrous. All it took was a kiss of the 200-day moving average to lead into a significant loss for that day.Before sliding back into trouble though, LYB stock found support at an established floor again, and appears to be positioning for another shot at clearing the 200-day moving average. It's less than an ideal effort though. Click to Enlarge * The support area in play now is once again the 50-day moving average line, bolstered by horizontal support around $83.60 where shares found a floor a few times in the first quarter of the year. * Although the bleeding stopped before too much damage was done, the recent setback has been on huge volume, and the two rebound days were on subpar volume. * If LyondellBasell can punch through the ceiling near $88, the next most meaningful level is around $96, marked in yellow, where LYB stock found support and resistance several times since 2017. Ford Motor Company (F)Ford has been a tough name to own for a long time. Even with the recent rebound effort, the stock remains down more than 40% from its 2014 peak price.This effort could be different though. While we've seen past recovery effort falter when bumping into an established technical ceiling, reinforcing that very ceiling, this advance is better grounded than most of the past ones have been. Click to Enlarge * The ceiling in question is the resistance line that tags all the key peaks going back to 2015, plotted in blue on the weekly chart. It has being tested again. * Since early June, F stock has found pretty persistent support at its purple 50-day moving average line. This support is highlighted on the daily chart. * Although it wouldn't readily appear this is the case on the daily chart, the weekly chart's Chaikin line -- by virtue of pointing upward again after crossing zero in April -- says there's consistent buying volume in place.As of this writing, James Brumley held a long position in Ford. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 3 Big Stock Charts for Tuesday: Ford, International Paper and LyondellBasell appeared first on InvestorPlace.
Shares of containerboard companies fell Monday, after KeyBanc Capital analyst Adam Josephson turned bearish on several companies in the sector, as industry fundamentals continue to deteriorate. Shares of WestRock Co. fell 2.7%, Sealed Air Corp. shed 2.2%, Packaging Corp. of America slumped 2.2% and International Paper Co. slid 1.0%. The stocks were the four-biggest decliners within the SPDR Materials Select Sector ETF , which edged up 0.1%. Josephson cut his ratings on all four companies to underweight from sector weight. Although containerboard fundamentals are "worse now than in recent years," Josephson said valuations are now lower than in line with historical averages. That suggests consensus estimates for the companies have further room to fall, which suggests the stocks are more likely to underperform over the next 9 to 12 months. The stocks' selloff comes as the materials ETF has climbed 15.7% year to date, while the S&P 500 has gained 20.1%.
The paper sector is witnessing deteriorating fundamentals in containerboard, pulp and uncoated freesheet, according to KeyBanc Capital Markets. Despite industry fundamentals being worse than in recent ...
International Paper (IP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
MEMPHIS, Tenn. , July 9, 2019 /PRNewswire/ -- International Paper (NYSE: IP) today declared a quarterly dividend of $0.50 per share for the period from July 1, 2019 , to September 30, 2019 , inclusive, ...
International Paper Co NYSE:IPView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for IP with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $5.02 billion over the last one-month into ETFs that hold IP are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. IP credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
MEMPHIS, Tenn. , June 27, 2019 /PRNewswire/ -- International Paper (NYSE: IP) will release second-quarter earnings on Thursday, July 25, 2019 before the opening of the New York Stock Exchange. The company ...
Sellers moved into packaging stocks Monday, with key names falling below technical support. Explore three short sale trading ideas.
With two years left to hit its 2020 sustainability goals, International Paper has already exceed half of its target numbers.
Moody's Investors Service ("Moody's") assigned a Ba2 rating to Graphic Packaging International, LLC's new $300 million senior unsecured notes due in 2027. At the same time, Moody's affirmed the company's existing ratings, including the Ba1 Corporate Family Rating ("CFR"), Ba1-PD Probability of Default Rating, Baa3 senior secured bank credit facility rating, Ba2 senior unsecured rating and the SGL-2 Speculative Grade Liquidity Rating ("SGL").
Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that's why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […]
Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on...
International Paper's (IP) prudent move to exit from APPM is in line with its strategic focus on growing its global packaging and cellulose fibers businesses.
MEMPHIS, Tenn., May 29, 2019 /PRNewswire/ -- International Paper (IP) has entered into an agreement with West Coast Paper Mills Limited (WSTCSTPAPR.NS) to sell its controlling interest in International Paper APPM Limited (NSE:IPAPPM | BSE:502330), an India-based paper business. International Paper currently owns approximately 30 million shares, or 75% of the outstanding shares, of International Paper APPM Limited (APPM). The transaction is expected to be completed by the end of the year subject to satisfaction of customary closing conditions, including obtaining required governmental approvals and West Coast Paper Mills Limited's (WCPM) launch of a tender offer.
International Paper (IP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
MEMPHIS, Tenn. , May 23, 2019 /PRNewswire/ -- International Paper (NYSE: IP) Chairman and CEO Mark S. Sutton will speak at the Vertical Research Partners 2019 Materials Conference on June 18, 2019 at The ...
Manufacturers of the raw materials that go into the end products that American consumers rely on for daily living warned regulators that they may have no choice but to raise prices as a result of what they consider to be systematic overcharging by the railroads. The first day of what was scheduled to be a two-day hearing (held at the U.S. International Trade Commission) on May 22-23 was marked by a litany of anecdotal evidence by shippers complaining of storage fees and extra handling charges that were being used by the railroads to generate a new source of revenue, instead of as fair compensation for storage space and use of their assets. The railroads claim that the fees – knowns as demurrage and accessorial charges – are necessary to incentivize shippers to help railroads carry out precision scheduled railroading (PSR), a cost-cutting operational strategy that almost all of the major railroads have rolled out in some form over the past two years.