Champion International Paper (IP) Getting Somewhat Favorable Press Coverage, Report Shows

News headlines about Champion International Paper (NYSE:IP) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Champion International Paper earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned media stories about the basic materials company an impact score of 47.9604671520436 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the media stories that may have impacted Accern’s scoring:

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IP has been the subject of a number of research reports. Bank of America raised Champion International Paper from a “neutral” rating to a “buy” rating and set a $66.00 price objective for the company in a research report on Tuesday, January 2nd. KeyCorp reissued a “hold” rating on shares of Champion International Paper in a research report on Tuesday, January 2nd. Wells Fargo reissued an “outperform” rating and set a $70.00 price objective (up previously from $65.00) on shares of Champion International Paper in a research report on Monday, January 8th. Stephens set a $66.00 price objective on Champion International Paper and gave the company a “hold” rating in a research report on Wednesday, January 10th. Finally, BMO Capital Markets reissued a “buy” rating and set a $70.00 price objective on shares of Champion International Paper in a research report on Thursday, January 25th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $64.46.

NYSE IP traded up $1.05 during trading on Friday, hitting $53.43. 2,871,362 shares of the company traded hands, compared to its average volume of 3,346,012. Champion International Paper has a 12 month low of $49.60 and a 12 month high of $66.94. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.62 and a quick ratio of 1.17. The firm has a market cap of $22,063.44, a P/E ratio of 15.31, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47.

Champion International Paper (NYSE:IP) last posted its earnings results on Thursday, February 1st. The basic materials company reported $1.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.19 by $0.08. Champion International Paper had a return on equity of 29.05% and a net margin of 9.36%. The company had revenue of $5.71 billion for the quarter, compared to analyst estimates of $6.01 billion. During the same period last year, the company earned $0.67 earnings per share. The business’s revenue was up 14.2% compared to the same quarter last year. equities analysts expect that Champion International Paper will post 4.72 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Shareholders of record on Wednesday, February 21st were issued a dividend of $0.475 per share. The ex-dividend date of this dividend was Tuesday, February 20th. This represents a $1.90 annualized dividend and a yield of 3.56%. Champion International Paper’s dividend payout ratio (DPR) is currently 54.44%.

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Champion International Paper Company Profile

International Paper Company operates as a paper and packaging company primarily in North America, Europe, Latin America, North Africa, India, and Russia. It operates through three segments: Industrial Packaging, Global Cellulose Fibers, and Printing Papers. The Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft.

Insider Buying and Selling by Quarter for Champion International Paper (NYSE:IP)

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