Buy, Sell or Hold: Intertape Polymer Group (ITP-T) — Stock Predictions at Stockchase

TSE:ITP

28.04

0.33 (1.16%) 1d

Showing 1 to 15 of 145 entries

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company pays good dividends of 2.4% and is cash flow positive. Balance sheet is expanding and it is profitable. Debt is of slight concern but it can cover interest expenses and is trading at cheap valuation. Management raised guidance. Unlock Premium - Try 5i Free

packaging / containers

PAST TOP PICK

(A Top Pick Sep 11/20, Up 100%) The advantage is they provide non-plastic tape and packaging materials. Amazon is a large customer. It is water-based tape. Has huge capacity and coming on-stream in time for internet sales. Will continue to benefit from online sales.

packaging / containers

TOP PICK

They're off the radar. They've have four straight earnings beats. They're expanding into higher-margin e-commerce. This will create revenue growth for many years. It still trades at pre-Covid levels and a discount to peers. He sees earnings growth and currently trades around 10x. The balance sheet is fine, so there's firepower to buy more companies. (Analysts’ price target is $38.50)

packaging / containers

WAIT

The company has done incredibly well over the last 10 years, and particularly through the pandemic. We will see enduring habits from the pandemic. However, in the near term, it might have reached its plateau. Always seemed expensive to him so waiting for a good entry point.

packaging / containers

TOP PICK

Also at an inflection point. Massive beat recently. Capex spending on plants, making acquisitions in e-commerce. Expecting 5-6% earnings growth, which will drive the multiple. Free cashflow in 2021 will be fantastic. Yield is 3.51%. (Analysts’ price target is $28.50)

packaging / containers

COMMENT

He has held it. They benefit from e-commerce trends. They have been in heavy investment mode. It is all sustainable going forward. Keep holding it. The dividend is safe.

packaging / containers

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It had a fantastic Q3 and it raised dividends once again. The stock is cheap and looks good. High debt remains a concern. A decent company with nice growing dividends. Unlock Premium - Try 5i Free

packaging / containers

BUY

Allan Tong’s Discover Picks ITP stock 3.82% dividend yield based on a 51.75% payout ratio. Cash flow is strong. The PE has ticked up from 10.11x in late-March to the current 13.9x, but is far below the 20.68 of September 2019. It reported a winning report last week and hit fresh 52-week highs. Intertape offered guidance for Q4 of 10% growth, and six analysts give it a buy signal, including two upgrades after that report. The average price target is $23.50 which is nearly 10% higher than the current trading price. Read 4 Reliable Covid Stocks and Recovery Stocks for our full analysis.

packaging / containers

BUY on WEAKNESS

Likes it and holds it. It's been 3 months since he started a position. He would not sell it, and it scores in the top 10% on valuation metrics. High return at 23%, with 12x earnings. Balance sheet is fine and pays a good yield of 4.5% at reasonable payout ratio. It should do well in the recovery.

packaging / containers

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Revenues grew 10% and guidance for Q4 was given at 10% growth. Sales grew and earnings blew estimates out of the water by 141%. The company reported very solid numbers and you can still add to a mid-sized position here. Unlock Premium - Try 5i Free

packaging / containers

COMMENT

A company he has looked at but has not purchased. The packaging business for e-commerce is a good opportunity. The business is steady and they have raised yield but it isn't as good as some infrastructure stocks.

packaging / containers

TOP PICK

Has a 900M market cap. They make pressure sensitive and water activated sealing tape used in e-commerce shipping. They have 11% free cashflow yield that they would use to pay down debt. Earnings are expected to grow well through 2021. Technical analysis notes that it has reversed a 3 year down trend. Potential 30-34% upside. An e-commerce play. (Analysts’ price target is $18.19)

packaging / containers

HOLD

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They reported a good second quarter, but growth has been slow. There are risks in their balance sheet and to the broader economic risk. However, it has a solid cash flow and is priced well. Unlock Premium - Try 5i Free

packaging / containers

PAST TOP PICK

(A Top Pick Apr 01/19, Down 7%) Still owns it, though he owns less than before. He owns it for income accounts. It raised its dividends and it's now at 5%. It generates good free cashflow. It looked like they were having organic growth but it fell through. They are expecting big things but management has not yet delivered in the past few years. He wouldn't sell it though and believes it is worth over $20.

packaging / containers

DON'T BUY

They have a big presence in the US (80% of sales.) It is a pretty competitive space and he does not like it. He was exposed with another player (CCL). He moved on in the fourth quarter because their growth had stalled. It is stuck and range bound and unless earnings grow there is little reason to think share price will.

packaging / containers

Showing 1 to 15 of 145 entries

Intertape Polymer Group(ITP-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 6

Stockchase rating for Intertape Polymer Group is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Intertape Polymer Group(ITP-T) Frequently Asked Questions

What is Intertape Polymer Group stock symbol?

Intertape Polymer Group is a Canadian stock, trading under the symbol ITP-T on the Toronto Stock Exchange (ITP-CT). It is usually referred to as TSX:ITP or ITP-T

Is Intertape Polymer Group a buy or a sell?

In the last year, 6 stock analysts published opinions about ITP-T. 6 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Intertape Polymer Group.

Is Intertape Polymer Group a good investment or a top pick?

Intertape Polymer Group was recommended as a Top Pick by on . Read the latest stock experts ratings for Intertape Polymer Group.

Why is Intertape Polymer Group stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Intertape Polymer Group worth watching?

6 stock analysts on Stockchase covered Intertape Polymer Group In the last year. It is a trending stock that is worth watching.

What is Intertape Polymer Group stock price?

On 2021-10-22, Intertape Polymer Group (ITP-T) stock closed at a price of $28.04.

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