Intrepid Potash (IPI) Stock Price, News & Analysis

Company Overview

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. It also provides Trio, a specialty fertilizer that delivers potassium, sulfate, and magnesium in a single particle; water for oil and gas services industry; salt for various markets, including animal feed, industrial applications, pool salt, and the treatment of roads and walkways for ice melting or to manage road conditions; magnesium chloride for use as a road treatment agent for deicing and dedusting; brines for use in oil and gas industry to support well workover and completion activities; and metal recovery salts. Intrepid Potash, Inc. was founded in 1999 and is based in Denver, Colorado.

Key Stats

• Today's Range: $23.75 to $24.71
• 50-Day Range: $23.58 to $28.75
• 52-Week Range: $17.52 to $29.75
• Volume: 32,787 shs
• Average Volume: 92,987 shs
• Market Capitalization: $321.18 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $21.00
• Consensus Rating: Reduce

Intrepid Potash Stock Analysis - MarketRank™

Intrepid Potash scored higher than 41% of companies evaluated by MarketBeat, and ranked 148th out of 197 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.8 / 5
• Analyst Rating: Reduce

Consensus Rating

Intrepid Potash has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.

Amount of Analyst Coverage

Intrepid Potash has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Intrepid Potash are expected to decrease in the coming year, from ($0.17) to ($0.45) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Intrepid Potash is -7.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Intrepid Potash is -7.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Intrepid Potash has a P/B Ratio of 0.46. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.63% of the float of Intrepid Potash has been sold short.

Short Interest Ratio / Days to Cover

Intrepid Potash has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Intrepid Potash has recently decreased by 20.45%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Intrepid Potash does not currently pay a dividend.

Dividend Growth

Intrepid Potash does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -9.11

Percentage of Shares Shorted

2.63% of the float of Intrepid Potash has been sold short.

Short Interest Ratio / Days to Cover

Intrepid Potash has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Intrepid Potash has recently decreased by 20.45%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.66

News Sentiment

Intrepid Potash has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Intrepid Potash this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for IPI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

3 people have added Intrepid Potash to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Intrepid Potash insiders have not sold or bought any company stock.

Percentage Held by Insiders

18.00% of the stock of Intrepid Potash is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

56.13% of the stock of Intrepid Potash is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IPI Stock Analysis - Frequently Asked Questions

How have IPI shares performed this year?

Intrepid Potash's stock was trading at $23.89 on January 1st, 2024. Since then, IPI shares have increased by 2.4% and is now trading at $24.46.
View the best growth stocks for 2024 here.

How were Intrepid Potash's earnings last quarter?

Intrepid Potash, Inc. (NYSE:IPI) issued its earnings results on Monday, November, 4th. The basic materials company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of $0.11 by $0.25. The basic materials company earned $57.55 million during the quarter, compared to analyst estimates of $42.57 million. Intrepid Potash had a negative net margin of 16.86% and a negative trailing twelve-month return on equity of 1.32%.

Who are Intrepid Potash's major shareholders?

Intrepid Potash's top institutional shareholders include Geode Capital Management LLC (1.76%), State Street Corp (1.73%), Pinnacle Associates Ltd. (0.98%) and Glenorchy Capital Ltd (0.47%). Insiders that own company stock include Robert P Jornayvaz III, Matthew D Preston, Clearway Capital Management Ll and Robert E Baldridge.
View institutional ownership trends.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Intrepid Potash own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Intrepid Potash investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), Home Depot (HD) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Last Earnings: 11/04/2024
• Today: 12/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Mining & quarrying of nonmetallic minerals, except fuels
• Sub-Industry: Fertilizers & Agricultural Chemicals
• Current Symbol: NYSE:IPI
• CUSIP: 46121Y10
• CIK: 1421461
• Web: www.intrepidpotash.com
• Phone: (303) 296-3006
• Fax: 303-298-7502
• Employees: 440
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $21.00
• High Stock Price Target: $23.00
• Low Stock Price Target: $19.00
• Potential Upside/Downside: -11.8%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($3.35)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-35,670,000.00
• Net Margins: -16.86%
• Pretax Margin: -21.31%
• Return on Equity: -1.32%
• Return on Assets: -1.14%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.41
• Quick Ratio: 1.87

Sales & Book Value

• Annual Sales: $255.55 million
• Price / Sales: 1.23
• Cash Flow: $2.68 per share
• Price / Cash Flow: 8.89
• Book Value: $52.76 per share
• Price / Book: 0.45

Miscellaneous

• Outstanding Shares: 13,163,000
• Free Float: 10,794,000
• Market Cap: $313.54 million
• Optionable: Optionable
• Beta: 2.21