Last C$18.42 CAD
Change Today -0.59 / -3.10%
Volume 218.6K
ITP On Other Exchanges
Symbol
Exchange
Toronto
Frankfurt
As of 3:46 PM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

intertape polymer group inc (ITP) Snapshot

Open
C$19.00
Previous Close
C$19.01
Day High
C$19.00
Day Low
C$18.28
52 Week High
02/25/15 - C$20.57
52 Week Low
04/11/14 - C$11.50
Market Cap
1.1B
Average Volume 10 Days
226.6K
EPS TTM
C$1.39
Shares Outstanding
60.5M
EX-Date
12/11/14
P/E TM
10.6x
Dividend
C$0.44
Dividend Yield
2.43%
Current Stock Chart for INTERTAPE POLYMER GROUP INC (ITP)

Related News

No related news articles were found.

intertape polymer group inc (ITP) Related Businessweek News

No Related Businessweek News Found

intertape polymer group inc (ITP) Details

Intertape Polymer Group Inc. operates in the packaging industry in North America and internationally. The company manufactures and sells paper and film based tapes, including carton sealing tapes, such as hot melt, acrylic, natural rubber, and water activated tapes; and industrial and specialty tapes comprising paper, flatback, duct, double-coated, foil, electrical and electronic, and filament tapes, as well as stencil products under the Intertape, Central, Crowell, American, Anchor, ExlfilmPlus, and Exlfilm brands to industrial distributors and retailers, as well as to third parties under private brands. It also manufactures various polyethylene and specialized polyolefin films, as well as complementary packaging systems, including shrink film, stretch wrap, and air pillows under the SuperFlex, StretchFlex, ExlfilmPlus, Exlfilm, Interpack, and iCushion brands. The company offers its film products primarily to the manufacturers of packaged goods, and printing and paper products for industrial and retail applications through an existing industrial distribution base. In addition, the company provides woven coated fabrics, such as building and construction products comprising lumberwrap, membrane structure fabrics, and roof underlayment; agro-environmental products comprising geomembrane fabrics, hay wrap, and poultry fabrics; specialty fabrics; industrial packaging products; and flexible intermediate bulk containers to end-users in various industries, including lumber, construction, food, paper, and agriculture industries. Further, it offers closing systems, including automatic and semi-automatic carton sealing equipment. Intertape Polymer Group Inc. was founded in 1981 and is headquartered in Ville St. Laurent, Canada.

Founded in 1981

intertape polymer group inc (ITP) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $514.4K
Senior Vice President of Operations
Total Annual Compensation: $337.2K
Senior Vice President of Logistics & Supply C...
Total Annual Compensation: $300.0K
Senior Vice President of Sales
Total Annual Compensation: $321.0K
Compensation as of Fiscal Year 2013.

intertape polymer group inc (ITP) Key Developments

Intertape Polymer Group Inc. Introduces New Tandem Bagging System

Intertape Polymer Group Inc. has introduced its new Tandem Bagging System. The Tandem Bagging System is ideal for bagging spare parts, hardware fasteners or craft supplies, and works directly with existing bagging equipment. It seals, perforates and opens Tandem film. Film rolls are two to three times longer than traditional bags-on-a-roll, reducing the downtime related with frequent roll changeovers. Bag lengths are adjustable from three inches to infinite, maximizing savings potential. In addition, film rolls are manufactured splice-free, eliminating jams and waste during the bagging process.

Intertape Polymer Group Inc. Revised Earnings Guidance for the Fourth Quarter 2014

Intertape Polymer Group Inc. revised earnings guidance for the fourth quarter 2014. The company revised its adjusted EBITDA outlook for the fourth quarter of 2014 to approximately $20.5 million from the previously stated range of $24 million -$26 million. The decreased outlook for adjusted EBITDA primarily relates to temporary manufacturing issues, some delays in customer orders for stretch film in the wake of declining resin and crude oil prices, higher than expected employee medical costs, and South Carolina Duplicate Overhead Costs that were higher than expected. For these same reasons, fourth quarter of 2014 gross margin is now expected to be approximately 18%, compared to the Company's previously provided projection of approximately 19%. Revenue for the fourth quarter of 2014 is expected to be approximately $201 million, which is in line with the 3%-6% revenue growth range provided in the company's prior outlook, and represents an increase of approximately 5% over the same period of 2013. Revenue increased due to an approximately 5% increase in sales volume, coupled with stable average selling prices.

Intertape Polymer Auctions Two Facilities

Intertape Polymer Group Inc. (TSX:ITP) facilities in Truro and Danville will be up for bid in alive webcast auction on December 11, 2014. The auction is being conducted by Stuart B. Millner & Associates (SBMA) onBidspotter.com. According to SBMA officials, this auction will prove to be a "great opportunity to purchase manufacturing equipment from an acknowledged world leader in the packaging industry."

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ITP:CN C$18.42 CAD -0.59

ITP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
AEP Industries Inc $51.64 USD +1.29
Koninklijke Ten Cate NV €20.22 EUR -0.32
Quaker Chemical Corp $81.75 USD -0.91
Scapa Group PLC 147.00 GBp +2.00
Winpak Ltd C$39.03 CAD +0.28
View Industry Companies
 

Industry Analysis

ITP

Industry Average

Valuation ITP Industry Range
Price/Earnings 11.2x
Price/Sales 1.1x
Price/Book 3.9x
Price/Cash Flow 11.0x
TEV/Sales 1.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact INTERTAPE POLYMER GROUP INC, please visit www.intertapepolymer.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.