Intrepid Potash (IPI) to Release Quarterly Earnings on Monday

Intrepid Potash (NYSE:IPI - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results after the market closes on Monday, May 5th. Analysts expect Intrepid Potash to post earnings of ($0.12) per share and revenue of $72.34 million for the quarter.

Intrepid Potash (NYSE:IPI - Get Free Report) last announced its quarterly earnings results on Monday, March 3rd. The basic materials company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.06). The business had revenue of $55.80 million during the quarter, compared to analyst estimates of $50.35 million. Intrepid Potash had a negative net margin of 16.86% and a negative return on equity of 1.32%. During the same period last year, the company earned ($0.41) earnings per share. On average, analysts expect Intrepid Potash to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Intrepid Potash Price Performance

Shares of IPI stock traded up $0.38 during trading hours on Friday, hitting $33.26. The stock had a trading volume of 104,294 shares, compared to its average volume of 111,804. The stock's 50 day moving average is $28.47 and its 200 day moving average is $26.52. The firm has a market capitalization of $443.06 million, a PE ratio of -9.93 and a beta of 1.78. Intrepid Potash has a twelve month low of $20.75 and a twelve month high of $35.17.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on IPI. StockNews.com lowered Intrepid Potash from a "hold" rating to a "sell" rating in a report on Thursday, March 27th. UBS Group lowered their target price on Intrepid Potash from $20.00 to $19.00 and set a "sell" rating on the stock in a research note on Wednesday, April 16th.

Insiders Place Their Bets

In other news, major shareholder Robert P. Jornayvaz III sold 14,736 shares of the stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $25.67, for a total transaction of $378,273.12. Following the completion of the transaction, the insider now directly owns 1,212,823 shares of the company's stock, valued at approximately $31,133,166.41. This represents a 1.20 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last quarter, insiders sold 170,171 shares of company stock worth $4,617,835. 18.00% of the stock is owned by insiders.

Intrepid Potash Company Profile

Intrepid Potash, Inc, together with its subsidiaries, engages in the extraction and production of the potash in the United States and internationally. It operates through three segments: Potash, Trio, and Oilfield Solutions. The company offers muriate of potash for various markets, such as agricultural market as a fertilizer input; the industrial market as a component in drilling and fracturing fluids for oil and gas wells, as well as an input to other industrial processes; and the animal feed market as a nutrient supplement.