NYSE:IPPackaging
International Paper (IP): Evaluating Valuation After Plant Closures and Ongoing Restructuring Efforts
International Paper (IP) is back in the spotlight after deciding to close two U.S. packaging plants by January, a move that underscores its broader restructuring push amid stubbornly soft demand.
See our latest analysis for International Paper.
Those restructuring moves help explain why sentiment has cooled. The share price is down sharply on a year to date basis, even after a modest 1 month share price return, while the 3 year total shareholder return remains solidly positive. This suggests...