International Paper (IP) has been making critical strategic changes in a bid to drive growth in North America, which include the consolidation of several facilities and a shift in capital allocation. The company is battling a weak demand scenario and has decided to shut down two facilities in the US, marking a downward trend in IP's income statements and balance sheet. Following this, IP announced snapshot losses worsening by 10.5% annually, with profitability reliant on forecasted turnarounds. At the same time, the company reported lower sales in Q3 earnings and a disappointing stock drop. However, looking ahead, analysts have given a price target of $47.16 and expect a re-entry window due to a reset for 2025-2027. The company's decision to exit the molded fiber business and sell selected Mexico sites has been coupled with an upgrade from Stifel and a buy recommendation from Bank of America Securities. However, it faces challenging economic conditions and concerns over sector profitability due to an ongoing transformation., The company expects improved performance and a rebound on strong quarterly results, but the exit from various sites indicates a wary future.
International Paper IP News Analytics from Mon, 14 Apr 2025 07:00:00 GMT to Sat, 22 Nov 2025 13:03:13 GMT -
Rating -8
- Innovation -3
- Information 6
- Rumor -3
