International Paper Co. (IP): Today's Featured Consumer Non-Durables Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

International Paper ( IP) pushed the Consumer Non-Durables industry lower today making it today's featured Consumer Non-Durables laggard. The industry as a whole closed the day down 1.9%. By the end of trading, International Paper fell $1.09 (-2.3%) to $45.89 on average volume. Throughout the day, 4,839,313 shares of International Paper exchanged hands as compared to its average daily volume of 4,135,000 shares. The stock ranged in price between $45.66-$46.88 after having opened the day at $46.82 as compared to the previous trading day's close of $46.98. Other companies within the Consumer Non-Durables industry that declined today were: Orient Paper ( ONP), down 9.4%, Stepan Company ( SCL), down 6.6%, Tredegar Corporation ( TG), down 6.4% and Sappi ( SPP), down 6.3%.
  • EXCLUSIVE OFFER: Jim Cramer's Protege, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, and North Africa. International Paper has a market cap of $20.9 billion and is part of the consumer goods sector. The company has a P/E ratio of 27.8, above the S&P 500 P/E ratio of 17.7. Shares are up 17.9% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate International Paper a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates International Paper as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Mannatech ( MTEX), down 5.0% and Northern Technologies International ( NTIC), down 2.2% , were all gainers within the consumer non-durables industry with Nu Skin ( NUS) being today's featured consumer non-durables industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider Consumer Staples Select Sector SPDR ( XLP) while those bearish on the consumer non-durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.
null

If you liked this article you might like

International Paper Could Be Nearing a Breakout

International Paper, Inogen, Teva Pharmaceuticals: 'Mad Money' Lightning Round

Fantasy Football and Picking Stocks: Cramer's 'Mad Money' Recap (Tues 8/15/17)

International Paper Stock Upgraded on Potential Gains Due to E-Commerce

WestRock, International Paper, No Scissors