International Paper Company (NYSE:IP) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -0.51% to close at $56.60 with the total traded volume of 3.75 Million shares. Finally to see some strong financial remarks by WSJ over IP performance. Out of the pool of analysts 4 gave their BUY ratings on the stock in previous month as 7 analysts having BUY in current month. The stock was ranked as Underweight by 1 analyst while 1 analyst gave SELL rank. Majority ranked Overweight from the pool of analysts.
The next year first quarter EPS estimates trend for current period shows $0.71 while one month ago this estimate trend was for $0.71. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $4.01 and for the one month was for $4 as compared to three months ago was for $3.95. Whereas, IP received highest price target of 67 and low target of 38. The stock price target chart showed average price target of 54.43 as compared to current price of 56.60.
The firm has institutional ownership of 83.90%, while insider ownership included 0.60%. Its price to sales ratio ended at 1.10. IP attains analyst recommendation of 2.40 with week’s performance of 1.25%.
Iconix Brand Group, Inc. (NASDAQ:ICON) [Trend Analysis] moved up reacts as active mover, shares an advance 4.47% to traded at $10.29 and the percentage gap between open changing to regular change was -0.61%. Finally, analysts shed their light over the ICON price targets; maintaining price high target of 12 while at average the price target was 11 in contrast with the current price of 10.29. The price targets are usually acts as the boosters or blasters in the performance of stock. A higher price target would definitely provide confidence to investors during the trading action, consideration given by Wall Street Journal.
So does the rankings given by analysts; let us highlight rankings table and we had 1 analyst recommending BUY ratings for current month and for previous month 1 stands on similar situation; while 4 for the current month as compared to 4 analysts recommending for HOLD from the pool for previous month. For the overall, consensus ratings were for Hold.
The firm’s current ratio calculated as 2.60 for the most recent quarter. The firm past twelve months price to sales ratio was 1.51 and price to cash ratio remained 4.73. As far as the returns are concern, the return on equity was recorded as -33.80% and return on investment was -8.50% while its return on asset stayed at -8.70%. The firm has total debt to equity ratio measured as 1.86.