A share price of Intrepid Potash Inc [IPI] is currently trading at $38.19, up 17.26%. An important factor to consider is whether the stock is rising or falling in short-term value. The IPI shares have gain 13.86% over the last week, with a monthly amount glided 47.68%, 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 experienced fluctuations in its stock price throughout the past year between $20.75 and $35.17. 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 $38.19 at the most recent close of the market. An investor can expect a potential drop of -17.52% based on the average IPI price forecast.
Analyzing the IPI fundamentals
Trailing Twelve Months sales for Intrepid Potash Inc [NYSE:IPI] were 273.17M which represents 23.30% growth. Gross Profit Margin for this corporation currently stands at 0.13% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.75%. To continue investigating profitability, this company’s Return on Assets is posted at -0.34, Equity is -0.35 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
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 36.04 points at the first support level, and at 33.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.61, and for the 2nd resistance point, it is at 41.02.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Intrepid Potash Inc [NYSE:IPI] is 5.17. On the other hand, the Quick Ratio is 2.62, and the Cash Ratio is 1.19. Considering the valuation of this stock, the price to sales ratio is 1.86, the price to book ratio is 1.03.
Transactions by insiders
Recent insider trading involved INTREPID PRODUCTION CORPORATIO, 10% Owner, that happened on May 06 ’25 when 59701.0 shares were purchased. 10% Owner, INTREPID PRODUCTION CORPORATIO completed a deal on Apr 28 ’25 to buy 400.0 shares. Meanwhile, 10% Owner Jornayvaz Robert P III sold 17.0 shares on Apr 01 ’25.
