Buy Intertape Polimer stocks

INTERTAPE POLIMER GROUP (ITP) Stocks

ABOUT INTERTAPE POLIMER GROUP

📊 Intertape Polimer Group Inc., a specialty packaging manufacturer, was founded in 1981 and has its headquarters in Montreal, Canada.

📊 The company is a recognized leader in the development, manufacture and marketing of a variety of paper- and film-based pressure-sensitive and water-activated tapes, protective packaging, engineered coated products and packaging systems for industrial- and retail use.

📊 Intertape Polimer Group Inc. has 17 locations in Florida, 12 manufacturing locations in North America and one in Europe. Intertape is the second-largest tape producer in North America behind 3M. Its market share for most products is 20- to 30%. It makes about 80% of sales in the US and 10 percent in Canada and Mexico.

📊 Some of the company’s acquisitions include Better Packages Inc. and RJM Manufacturing Inc. in 2015, and Canadian Technical Tape Ltd. in 2017. Today, the company employs about 3 600 people across its operations.

OVERVIEW OF INTERTAPE POLIMER GROUP

  • Intertape Polymer Group Inc. – through its subsidiaries – operates in Canada, the United States and globally.

  • The company’s taping-solutions portfolio comprise hot-melt carton sealing; double-coated, filament and mono-axially-oriented polypropylene; foil, flat-back, duct, electronic/electrical, natural rubber carton sealing, and masking, polyethylene, water-activated, and acrylic carton-sealing tapes.

  • Intertape Polimer Group Inc. also provides flexible intermediate bulk containers; membrane structure and geomembrane fabrics; tape dispensers; stretch and shrink films fabrics; stencils; house wraps/flashings; retail and specialty products; carton sealing machines; lumber wraps and roof underlayment. It offers a wide range of market solutions to the aerospace, industrial and automotive industries.

  • Intertape Polimer Group Inc. also offers a variety of building and construction applications. It is also engaged in the financing business. Its clientele includes industry/specialty distributors, retail stores and end-users in various industries.

VISION & VALUES OF INTERTAPE POLIMER GROUP

  • Intertape Polymer Group Inc. strives to become the global leader in packaging and protective solutions.

  • It incorporates sound and ethical business principles in its daily activities. Values such as integrity, innovation, collaboration and drive are part and parcel of the company’s business ethos.

  • By staying true to these principles, the company enables growth and adds maximum value for shareholders who purchase company stock.

MARKET PERFORMANCE OF INTERTAPE POLIMER GROUP

  • Intertape Polymer Group Inc. trades on the Toronto Stock Exchange (TSE) under the stock symbol ITP.

  • For the third quarter fiscal 2019, the company recorded revenue of $ 293.6 million, an increase of 5.2% over the prior fiscal cycle. Its net earnings increased by $ 2.9 million to $ 12.5 million. Quarterly adjusted EBITDA increased by 22.4% to $ 46.0 million.

  • These sound financials afford shareholders who buy or sell company shares the confidence to do so in the expectation of lucrative dividends and returns.

Buy INTERTAPE POLIMER GROUP stocks / shares – 📈 A Step by Step Guide how to Buy / Purchase INTERTAPE POLIMER GROUP Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy INTERTAPE POLIMER GROUP Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN INTERTAPE POLIMER GROUP STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE INTERTAPE POLIMER GROUP STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of INTERTAPE POLIMER GROUP stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy INTERTAPE POLIMER GROUP stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

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