IAA Inc. [IAA] stock is trading at $31.93, up down -1.15%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The IAA shares have lost -7.26% over the last week, with a monthly amount drifted -9.50%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
IAA Inc. [NYSE: IAA] stock has seen the most recent analyst activity on June 09, 2022, when Guggenheim upgraded its rating to a Buy but kept the price target unchanged to $52 for it. Previously, Barrington Research upgraded its rating to Outperform on May 10, 2022, and kept the price target unchanged to $50. On February 14, 2022, downgrade downgraded it’s rating to Neutral. Barrington Research downgraded its rating to a Mkt Perform. Northcoast upgraded its rating to a Buy. Northcoast downgraded its rating to Neutral for this stock on October 19, 2020. In a note dated December 04, 2019, Northcoast upgraded an Buy rating on this stock.
IAA Inc. [IAA] stock has fluctuated between $31.32 and $61.17 over the past year. Currently, Wall Street analysts expect the stock to reach $50.13 within the next 12 months. IAA Inc. [NYSE: IAA] shares were valued at $31.93 at the most recent close of the market. An investor can expect a potential return of 57.0% based on the average price forecast.
Analyzing the IAA fundamentals
IAA Inc. [NYSE:IAA] reported sales of 520.3 billion for the most recent quarter, which represents a growth of 16.90%. Gross Margin for this corporation currently stands at +34.73% with Operating Margin at +24.75%, Pretax Margin comes in at +21.12%, and Net Margin reading is +16.02%.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 31.51 points at the first support level, and at 31.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.35, and for the 2nd resistance point, it is at 32.78.
IAA Inc. [IAA] reported earnings per share of $0.66 for its fiscal quarter that ended on 3/30/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.58/share, meaning a difference of $0.08 and a surprise factor of 13.80%. By comparison, the stated earnings for the previous quarter ended on 12/30/2021 were $0.61 per share as compared to estimates of $0.62 per share, a difference of $-0.01 representing a surprise of -1.60%.
Ratios To Look Out For
For context, IAA Inc.’s Current Ratio is 1.70. Further, the Quick Ratio stands at 1.18, while the Cash Ratio is 0.27. Considering the valuation of this stock, the price to sales ratio is 3.73, the price to book ratio is 20.36 and the P/E (TTM) ratio is 14.19.
Transactions by insiders
Insider trading, which has resulted in 0 insider purchases of 0 shares and 5 insider sales of 907 shares in the past three months, is now the topic of our analysis. Recent insider trading involved Kamin Peter, Director, that happened on Mar 08 when 3000.0 shares were purchased. Director, Kamin Peter completed a deal on Mar 07 to buy 28000.0 shares. Meanwhile, Chief Executive Officer Kett John W bought 5000.0 shares on Mar 07.