Intrepid Potash Inc [IPI] stock is trading at $26.51, down -0.86%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The IPI shares have gain 16.43% over the last week, with a monthly amount glided 9.00%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Intrepid Potash Inc [NYSE: IPI] stock has seen the most recent analyst activity on November 04, 2020, when ROTH Capital initiated its Buy rating and assigned the stock a price target of $11. Previously, Stephens upgraded its rating to Overweight on May 09, 2018. On December 05, 2017, Stephens initiated with a Equal-Weight rating. UBS downgraded its rating to a Sell and increased its price target to $2.50 on August 07, 2017. Credit Agricole upgraded its rating to a Outperform. Piper Jaffray reiterated a Neutral rating for this stock on March 01, 2016, and downed its price target to $1. In a note dated November 24, 2015, Cowen reiterated an Market Perform rating on this stock and revised its target price from $7 to $4.
Intrepid Potash Inc [IPI] stock has fluctuated between $17.52 and $29.75 over the past year. Currently, Wall Street analysts expect the stock to reach $31.5 within the next 12 months. Intrepid Potash Inc [NYSE: IPI] shares were valued at $26.51 at the most recent close of the market. An investor can expect a potential return of 18.82% based on the average IPI price forecast.
Analyzing the IPI fundamentals
Intrepid Potash Inc [NYSE:IPI] reported sales of 255.55M for the trailing twelve months, which represents a growth of 5.66%. Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.21%, and Net Profit Margin reading is -0.17%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.06 and Total Capital is -0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
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 26.09 points at the first support level, and at 25.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.06, and for the 2nd resistance point, it is at 27.62.
Ratios To Look Out For
For context, Intrepid Potash Inc’s Current Ratio is 4.41. Also, the Quick Ratio is 1.87, while the Cash Ratio stands at 0.88. Considering the valuation of this stock, the price to sales ratio is 1.37, the price to book ratio is 0.50.
Transactions by insiders
Recent insider trading involved Jornayvaz Robert P III, 10% Owner, that happened on Dec 11 ’24 when 0.19 million shares were sold. 10% Owner, Jornayvaz Robert P III completed a deal on Nov 21 ’24 to sell 0.16 million shares. Meanwhile, 10% Owner Jornayvaz Robert P III sold 36073.0 shares on Dec 12 ’24.
