OTCMKTS:ITPOFIntertape Polymer Group Stock Price, Forecast & News

$9.09

+0.14 (+1.56 %)

(As of 06/2/2020 08:56 AM ET)

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Today's Range

$9.09

Now: $9.09▼

$9.20

50-Day Range

$7.30

MA: $8.73▼

$9.61

52-Week Range

$4.86

Now: $9.09▼

$14.58

Volume1,240 shs

Average Volume5,637 shs

Market Capitalization$536.40 million

P/E Ratio11.96

Dividend Yield6.59%

Beta1.58

Intertape Polymer Group Inc., together with its subsidiaries, operates in the packaging industry in Canada, the United States, and internationally. It develops, manufactures, and sells various paper and film based pressure sensitive and water activated tapes, polyethylene and specialized polyolefin films, woven coated fabrics, and complementary packaging systems for industrial and retail use. The company offers taping solutions comprise hot melt carton sealing, double-coated, filament and mop, foil, flat back, duct, electronic/electrical, natural rubber carton sealing, masking, polyethylene, water-activated, and acrylic carton sealing tapes, as well as reinforced filament and reinforced filament tapes. It also provides flexible intermediate bulk containers; membrane structure and geomembrane fabrics; stretch and shrink films; tape dispensers; fabrics; stencils; air pillows; house wraps/flashings; retail and specialty products; lumber wraps; carton sealing machines; and roof underlayment. It provides market solutions to the aerospace, automotive, industrial, and building and construction applications. In addition, the company engages in financing business. It sells its products to a range of industry/specialty distributors, retail stores, and end-users in various industries. Intertape Polymer Group Inc. was founded in 1981 and is headquartered in Montreal, Canada.

Beat the Market (BTM) Rank^™

4.4 Analyst's Opinion

Consensus Rating
Intertape Polymer Group has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $12.80, Intertape Polymer Group has a potential upside of 40.8% from its current price of $9.09.
Amount of Analyst Coverage
Intertape Polymer Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.4 Community Rank

Outperform Votes
Intertape Polymer Group has received 77 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Intertape Polymer Group has received 82 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Intertape Polymer Group has received 51.57% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Intertape Polymer Group and other stocks. Vote “Outperform” if you believe ITPOF will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ITPOF will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Intertape Polymer Group is a leading dividend payer. It pays a dividend yield of 6.59%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Intertape Polymer Group does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Intertape Polymer Group insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Intertape Polymer Group is 11.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of Intertape Polymer Group is 11.96, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.69.
Price to Book Value per Share Ratio
Intertape Polymer Group has a P/B Ratio of 1.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.94 out of 5 stars

Industry, Sector and Symbol

Stock Exchange OTCMKTS

Industry Converted paper & paperboard products, except containers & box

Sub-IndustryN/A

SectorIndustrial Products

Current SymbolOTCMKTS:ITPOF

Previous Symbol

CUSIPN/A

CIK880224

Webwww.itape.com

Phone514-731-7591

Debt

Debt-to-Equity Ratio2.19

Current Ratio2.47

Quick Ratio1.19

Price-To-Earnings

Trailing P/E Ratio11.96

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.16 billion

Price / Sales0.46

Cash Flow$2.04 per share

Price / Cash Flow4.45

Book Value$4.61 per share

Price / Book1.97

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$41.22 million

Net Margins3.87%

Return on Equity21.60%

Return on Assets5.42%

Miscellaneous

Employees3,603

Outstanding Shares59,010,000

Market Cap$536.40 million

Next Earnings Date8/13/2020 (Estimated)

OptionableNot Optionable

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Intertape Polymer Group (OTCMKTS:ITPOF) Frequently Asked Questions

How has Intertape Polymer Group's stock been impacted by COVID-19 (Coronavirus)?

Intertape Polymer Group's stock was trading at $8.69 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ITPOF shares have increased by 4.6% and is now trading at $9.09. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Intertape Polymer Group?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Intertape Polymer Group in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Intertape Polymer Group.

When is Intertape Polymer Group's next earnings date?

Intertape Polymer Group is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Intertape Polymer Group.

How were Intertape Polymer Group's earnings last quarter?

Intertape Polymer Group (OTCMKTS:ITPOF) released its quarterly earnings data on Wednesday, May, 13th. The industrial products company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.03. The industrial products company had revenue of $278.87 million for the quarter. Intertape Polymer Group had a return on equity of 21.60% and a net margin of 3.87%. View Intertape Polymer Group's earnings history.

How often does Intertape Polymer Group pay dividends? What is the dividend yield for Intertape Polymer Group?

Intertape Polymer Group declared a quarterly dividend on Tuesday, May 12th. Shareholders of record on Monday, June 15th will be given a dividend of $0.147 per share on Tuesday, June 30th. This represents a $0.59 annualized dividend and a yield of 6.47%. The ex-dividend date of this dividend is Friday, June 12th. View Intertape Polymer Group's dividend history.

What guidance has Intertape Polymer Group issued on next quarter's earnings?

Intertape Polymer Group issued an update on its second quarter 2020 Pre-Market earnings guidance on Wednesday, May, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $235-250 million.

What price target have analysts set for ITPOF?

5 Wall Street analysts have issued 12 month price objectives for Intertape Polymer Group's shares. Their forecasts range from $8.00 to $16.50. On average, they anticipate Intertape Polymer Group's stock price to reach $12.80 in the next year. This suggests a possible upside of 40.8% from the stock's current price. View analysts' price targets for Intertape Polymer Group.

Has Intertape Polymer Group been receiving favorable news coverage?

Media headlines about ITPOF stock have trended very positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Intertape Polymer Group earned a media sentiment score of 3.5 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutIntertape Polymer Group.

Who are some of Intertape Polymer Group's key competitors?

Some companies that are related to Intertape Polymer Group include Kimberly Clark (KMB), Avery Dennison (AVY), NIKON CORP/ADR (NINOY), Sappi (SPPJY) and IT Tech Packaging Inc (NYSEAMERICAN) (ITP). View all competitors.

Who are Intertape Polymer Group's key executives?

Intertape Polymer Group's management team includes the following people:

Mr. Gregory A. C. Yull, CEO, Pres & Non-Independent Director (Age 52)
Mr. Melbourne F. Yull, Founder & Director (Age 78)
Mr. Jeffrey Crystal C.A., CPA, CPA, CA, Chief Financial Officer
Mr. Douglas R. Nalette, Sr. VP of Operations
Mr. Shawn Nelson, Sr. VP of Sales

What is Intertape Polymer Group's stock symbol?

Intertape Polymer Group trades on the OTCMKTS under the ticker symbol "ITPOF."

How do I buy shares of Intertape Polymer Group?

Shares of ITPOF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Intertape Polymer Group's stock price today?

One share of ITPOF stock can currently be purchased for approximately $9.09.

How big of a company is Intertape Polymer Group?

Intertape Polymer Group has a market capitalization of $536.40 million and generates $1.16 billion in revenue each year. Intertape Polymer Group employs 3,603 workers across the globe.

What is Intertape Polymer Group's official website?

The official website for Intertape Polymer Group is www.itape.com.

How can I contact Intertape Polymer Group?

Intertape Polymer Group's mailing address is 9999 CAVENDISH BOULEVARD STE. 200, VILLE ST LAURENT A8, H4M 2X5. The industrial products company can be reached via phone at 514-731-7591 or via email at [email protected]

This page was last updated on 6/2/2020 by MarketBeat.com Staff