NYSE:IPPackaging
International Paper (IP): Five Years of Losses Challenge Forecasts for Profit Turnaround
International Paper (IP) remains in the red, with net losses having worsened at an annual rate of 10.5% over the last five years and profit margins showing little sign of improvement. Despite a sluggish past, the market is turning its attention to forecasts that see earnings rebounding by 19.92% per year and the company potentially returning to profitability within three years. With a Price-To-Sales Ratio of 0.9x, below peers and in line with the US Packaging industry, the current share price...