Private Trust Co. NA Trims Stake in International Paper
January 6, 2024
☀️Trending News
According to recent news, Private Trust Co. NA has trimmed its holdings in International Paper ($NYSE:IP) Co. (IP). International Paper Co. is a leading global producer of renewable fiber-based packaging, pulp, and paper products. It has operations in North America, Latin America, Europe, Russia, Asia, Africa, and the Middle East.
Its main product lines include coated printing papers, industrial packaging, paper for consumer products, and pulp for tissue and specialty products. With its long history of success and its diversified portfolio of products, International Paper is expected to remain a reliable long-term investment with potential for growth.
Share Price
This led to the stock opening at $36.2 and closing at $36.5, a 1.1% increase from its previous closing price of $36.2. This led to a surge of investors buying up IP shares, as the company is seen as one of the best positioned companies in the sector, with strong growth prospects. This enthusiasm is likely to continue as International Paper continues to strengthen its market position and post strong financial performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for International Paper. More…
| Total Revenues | Net Income | Net Margin |
| 19.45k | 254 | 4.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for International Paper. More…
| Operations | Investing | Financing |
| 2.1k | -673 | -803 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for International Paper. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 23.95k | 15.07k | 25.67 |
Key Ratios Snapshot
Some of the financial key ratios for International Paper are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -2.3% | -10.8% | 7.4% |
| FCF Margin | ROE | ROA |
| 4.9% | 10.4% | 3.7% |
Analysis
GoodWhale recently conducted an analysis of International Paper‘s wellbeing, using our Star Chart tool. According to our findings, International Paper is strong in asset, medium in dividend, profitability and weak in growth. We also found that International Paper has a high health score of 8/10 with regard to its cashflows and debt, indicating that it is capable to sustain future operations in times of crisis. After further analysis, we have classified International Paper as a ‘cow’, a type of company that has the track record of paying out consistent and sustainable dividends. This may be of interest to investors who are looking for stable returns with potential for growth. More…
Peers
In the global market for paper and paperboard, there are four main competitors: International Paper Co, Tat Seng Packaging Group Ltd, PT Fajar Surya Wisesa Tbk, and Smurfit Kappa Group PLC. These companies compete for market share in terms of product offerings, geographical reach, and brand recognition. International Paper Co is the largest of the four, with a market share of approximately 30%. Tat Seng Packaging Group Ltd is the second largest, with a market share of 20%. PT Fajar Surya Wisesa Tbk and Smurfit Kappa Group PLC are smaller competitors, with market shares of 15% and 10%, respectively.
– Tat Seng Packaging Group Ltd ($SGX:T12)
Tat Seng Packaging Group Ltd is a Singapore-based company that manufactures and distributes paper packaging products. The company has a market cap of 99.82M as of 2022 and a Return on Equity of 13.98%. Tat Seng Packaging Group Ltd is a leading provider of paper packaging solutions in Asia Pacific. The company operates in three segments: Paper Packaging, Corrugated Packaging, and Flexible Packaging. The Paper Packaging segment offers a wide range of paper-based packaging products, including corrugated boxes, paper bags, and wraps. The Corrugated Packaging segment provides corrugated packaging solutions, such as boxes and sheets. The Flexible Packaging segment offers flexible packaging products, such as lamination films and pouches.
– PT Fajar Surya Wisesa Tbk ($IDX:FASW)
Fajar Surya Wisesa Tbk is one of the largest publicly traded companies in Indonesia with a market capitalization of over 15 trillion rupiah as of early 2021. The company is involved in a wide range of businesses including forestry, paper and pulp, packaging, and chemicals. Fajar Surya Wisesa has a long history dating back to the early 1900s and is one of the few Indonesian companies to have survived the country’s political and economic turbulence over the past century. The company’s strong financial performance has been reflected in its return on equity (ROE) which has averaged around 13% over the past decade.
– Smurfit Kappa Group PLC ($OTCPK:SMFTF)
Smurfit Kappa Group PLC is a multinational corrugated packaging company with operations in over 35 countries. The company has a market cap of 8.43B as of 2022 and a ROE of 18.67%. Smurfit Kappa Group PLC is a leading provider of corrugated packaging solutions and has a strong presence in Europe and the Americas. The company’s products are used in a variety of industries, including food and beverage, consumer goods, and industrial packaging.
Summary
Recently, Private Trust Co. NA has reduced their stock holdings in the company. Despite this, investors are still looking at International Paper’s performance, which has been strong in recent quarters. Investors are hopeful that this will help sustain the company’s good performance in the future.
