S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
What's in Democrats' big bill? Climate, health care, savings
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
NYSE:IPI

Intrepid Potash - IPI Stock Forecast, Price & News

$42.77
-1.27 (-2.88%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$41.65
$45.27
50-Day Range
$36.83
$65.87
52-Week Range
$27.87
$121.72
Volume
356,541 shs
Average Volume
323,463 shs
Market Capitalization
$582.53 million
P/E Ratio
2.04
Dividend Yield
N/A
Price Target
$49.33

Intrepid Potash MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
15.3% Upside
$49.33 Price Target
Short Interest
Healthy
7.18% of Float Sold Short
Dividend Strength
N/A
Sustainability
-9.11
Upright™ Environmental Score
News Sentiment
0.19mentions of Intrepid Potash in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$397,245 Sold Last Quarter
Proj. Earnings Growth
-42.99%
From $9.42 to $5.37 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.86 out of 5 stars

Basic Materials Sector

141st out of 219 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

15th out of 21 stocks

IPI stock logo

About Intrepid Potash (NYSE:IPI) Stock

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 Potash segment offers muriate of potash or potassium chloride for use as a fertilizer input in the agricultural market; as a component in drilling and fracturing fluids for oil and gas wells, as well as an input to other industrial processes in the industrial market; and as a nutrient supplement in the animal feed market. The Trio segment provides Trio, a specialty fertilizer that delivers potassium, sulfate, and magnesium in a single particle. The Oilfield Solutions segment sells water for use in the oil and gas services industry; and offers potassium chloride real-time mixing services on location for hydraulic fracturing operations and trucking services. The company also offers salt for use in animal feeds, industrial applications, pool salts, and treatment of roads and walkways for ice melting or to manage road conditions; magnesium chloride for use in the deicing and dedusting of roads; brines for well development and completion activities in the oil and gas industry; and metal recovery salt, a combination of potash and salt to enhance the recovery of aluminum in the aluminum recycling processing facilities. Intrepid Potash, Inc. was founded in 2000 and is based in Denver, Colorado.

Analyst Ratings Changes

IPI has been the subject of a number of research reports. BMO Capital Markets boosted their target price on Intrepid Potash from $65.00 to $70.00 in a report on Thursday, May 5th. StockNews.com lowered Intrepid Potash from a "buy" rating to a "hold" rating in a research report on Thursday, April 21st. TheStreet cut shares of Intrepid Potash from a "b-" rating to a "c+" rating in a report on Thursday, June 16th. Finally, UBS Group reduced their price target on shares of Intrepid Potash from $64.00 to $40.00 and set a "sell" rating for the company in a report on Wednesday, July 13th. One research analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $49.33.

Intrepid Potash Stock Performance

Shares of Intrepid Potash stock traded down $1.27 on Friday, reaching $42.77. The stock had a trading volume of 356,541 shares, compared to its average volume of 323,463. The stock has a market cap of $582.53 million, a P/E ratio of 2.04 and a beta of 2.04. The business's 50-day moving average price is $48.56 and its two-hundred day moving average price is $61.87. Intrepid Potash has a fifty-two week low of $27.87 and a fifty-two week high of $121.72.

Intrepid Potash (NYSE:IPI - Get Rating) last issued its earnings results on Thursday, August 4th. The basic materials company reported $1.82 EPS for the quarter, missing the consensus estimate of $1.92 by ($0.10). Intrepid Potash had a return on equity of 11.41% and a net margin of 86.52%. During the same period in the prior year, the firm earned $0.55 earnings per share. As a group, equities analysts forecast that Intrepid Potash will post 9.42 earnings per share for the current fiscal year.

Insider Activity at Intrepid Potash

In other Intrepid Potash news, CFO Matthew D. Preston sold 6,136 shares of the firm's stock in a transaction dated Wednesday, May 25th. The shares were sold at an average price of $64.74, for a total transaction of $397,244.64. Following the completion of the transaction, the chief financial officer now owns 9,929 shares in the company, valued at $642,803.46. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 18.20% of the stock is currently owned by insiders.

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IPI Stock News Headlines

Intrepid Potash Q2 Profit Increases, but misses estimates
Intrepid Announces Second Quarter 2022 Results
Intrepid Potash (NYSE:IPI) Trading Down 5.6%
Scotts Miracle-Gro (SMG) Q3 Earnings Top Estimates
Scotts Miracle-Gro (SMG) Q3 Earnings Top Estimates
Intrepid Potash: A Crash Without Cause
See More Headlines
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IPI Company Calendar

Last Earnings
8/04/2022
Today
8/07/2022
Next Earnings (Estimated)
11/07/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Mining & quarrying of nonmetallic minerals, except fuels
Sub-Industry
Fertilizers & Agricultural Chemicals
CUSIP
46121Y10
Employees
440
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$49.33
High Stock Price Forecast
$70.00
Low Stock Price Forecast
$38.00
Forecasted Upside/Downside
+15.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$249.83 million
Pretax Margin
26.07%

Debt

Sales & Book Value

Annual Sales
$270.33 million
Cash Flow
$4.32 per share
Book Value
$49.35 per share

Miscellaneous

Free Float
11,140,000
Market Cap
$582.53 million
Optionable
Optionable
Beta
2.04














IPI Stock - Frequently Asked Questions

Should I buy or sell Intrepid Potash stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Intrepid Potash in the last twelve months. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Intrepid Potash stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IPI, but not buy additional shares or sell existing shares.
View analyst ratings for Intrepid Potash
or view top-rated stocks.

What is Intrepid Potash's stock price forecast for 2022?

3 Wall Street research analysts have issued twelve-month target prices for Intrepid Potash's stock. Their IPI stock forecasts range from $38.00 to $70.00. On average, they expect Intrepid Potash's stock price to reach $49.33 in the next twelve months. This suggests a possible upside of 15.3% from the stock's current price.
View analysts' price targets for Intrepid Potash
or view top-rated stocks among Wall Street analysts.

How has Intrepid Potash's stock price performed in 2022?

Intrepid Potash's stock was trading at $42.73 at the start of the year. Since then, IPI stock has increased by 0.1% and is now trading at $42.77.
View the best growth stocks for 2022 here
.

When is Intrepid Potash's next earnings date?

Intrepid Potash is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our earnings forecast for Intrepid Potash
.

How were Intrepid Potash's earnings last quarter?

Intrepid Potash, Inc. (NYSE:IPI) announced its earnings results on Thursday, August, 4th. The basic materials company reported $1.82 earnings per share for the quarter, missing analysts' consensus estimates of $1.92 by $0.10. Intrepid Potash had a net margin of 86.52% and a trailing twelve-month return on equity of 11.41%. During the same quarter last year, the firm earned $0.55 EPS.

How will Intrepid Potash's stock buyback program work?

Intrepid Potash declared that its board has authorized a share repurchase plan on Monday, March 7th 2022, which permits the company to repurchase $35,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 3.9% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its stock is undervalued.

What is Robert P. Jornayvaz III's approval rating as Intrepid Potash's CEO?

6 employees have rated Intrepid Potash CEO Robert P. Jornayvaz III on Glassdoor.com. Robert P. Jornayvaz III has an approval rating of 78% among Intrepid Potash's employees.

What other stocks do shareholders of Intrepid Potash own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Intrepid Potash investors own include Navios Maritime (NM), General Electric (GE), Cleveland-Cliffs (CLF), Amedica (AMDA), Freeport-McMoRan (FCX), Sangamo Therapeutics (SGMO), Enphase Energy (ENPH), Energy Transfer (ET) and Gilead Sciences (GILD).

What is Intrepid Potash's stock symbol?

Intrepid Potash trades on the New York Stock Exchange (NYSE) under the ticker symbol "IPI."

Who are Intrepid Potash's major shareholders?

Intrepid Potash's stock is owned by a number of retail and institutional investors. Top institutional investors include Investment Management of Virginia LLC (1.50%), Assenagon Asset Management S.A. (0.86%), Connor Clark & Lunn Investment Management Ltd. (0.30%), Monarch Partners Asset Management LLC (0.26%), Victory Capital Management Inc. (0.20%) and Allspring Global Investments Holdings LLC (0.19%). Company insiders that own Intrepid Potash stock include Clearway Capital Management Ll, Clearway Capital Management Lt, Erica Wyatt, Hugh E Harvey Jr, Matthew D Preston, Robert E Baldridge, Robert P Jornayvaz III and Terry Considine.
View institutional ownership trends for Intrepid Potash
.

How do I buy shares of Intrepid Potash?

Shares of IPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Intrepid Potash's stock price today?

One share of IPI stock can currently be purchased for approximately $42.77.

How much money does Intrepid Potash make?

Intrepid Potash (NYSE:IPI) has a market capitalization of $582.53 million and generates $270.33 million in revenue each year. The basic materials company earns $249.83 million in net income (profit) each year or $21.01 on an earnings per share basis.

How many employees does Intrepid Potash have?

Intrepid Potash employs 440 workers across the globe.

How can I contact Intrepid Potash?

Intrepid Potash's mailing address is 1001 17thStreet Suite1050, DENVER CO, 80202. The official website for Intrepid Potash is www.intrepidpotash.com. The basic materials company can be reached via phone at (303) 296-3006, via email at ir@intrepidpotash.com, or via fax at 303-298-7502.

This page (NYSE:IPI) was last updated on 8/7/2022 by MarketBeat.com Staff

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