Intrepid Potash Inc (IPI) Stock Forecast & Predictions

Intrepid Potash Inc IPI: $30.83

1001 17th St Ste 1050, Denver, Colorado, US. | Sector: Mining, Quarrying, and Oil and Gas Extraction | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.intrepidpotash.com

  • Market Cap$0.41B
  • Change (52 Weeks)253.96%
  • Low (52 Weeks)$7.94
  • Intrepid Potash Inc (IPI) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 25.00% on Sell, and 50.00% Neutral.

    According to the market data, Intrepid Potash Inc (IPI) stock price is $30.83 and the 52 weeks low is $7.94, which means the Intrepid Potash Inc stock price is up 253.96% in the last 12 months.

    Intrepid Potash Inc (IPI) Stock Price has been Trending Strongly with an ADX reading of 42.07 as per the Weekly Chart.

    A Upward trend indicates that Intrepid Potash Inc (IPI) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that IPI Stock price might rise further, 25.00% indicating that IPI Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall IPI stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Intrepid Potash Inc (IPI) Stock Forecast By Analysts


    Strong Sell
    Analysts Recommendations for Intrepid Potash Inc (IPI) is based on 11 Institutional Analyst Ratings where 9.09% are on Strong Buy, 0.00% on Moderate Buy, 27.27% remains on Hold, 9.09% are on Moderate Sell and 54.55% are on Strong Sell.

    Out of 11 Institutional Analysts, majority recommended IPI stock as Strong Sell. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Intrepid Potash Inc.

    Intrepid Potash Inc (IPI) Stock Price Prediction By Analysts


    HighLowAverage
    $39.90$21.21$29.24
    $29.245.16% Downside
    Updated: 2021-09-19 00:00:00

    The Average Price target for IPI set by the institutional analysts is $29.24 where High Estimate is $39.90, Median $27.54 and Low $21.21.

    The average price target for IPI by Institutional Analysts is $29.24, which is 5.16% Downside from the current price. So according to the Institutional Analysts, IPI Stock might be a bit overvalued at this stage and there’s potential for downside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Intrepid Potash Inc (IPI) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Roth CapitalBuyInitiated
    BMO CapitalMarket PerformMaintained
    UBSSellMaintained
    BMO CapitalMarket PerformMaintained
    BMO CapitalMarket PerformMaintained
    Stephens & Co.OverweightUpgraded
    Cowen & Co.Market PerformUpgraded
    Stephens & Co.Equal-WeightInitiated
    BMO CapitalMarket PerformMaintained
    UBSSellDowngraded
    BMO CapitalMarket PerformMaintained
    CLSAOutperformUpgraded
    Cowen & Co.UnderperformDowngraded
    SusquehannaNeutralMaintained
    Societe GeneraleSector PerformUpgraded
    Vertical ResearchHoldDowngraded
    SusquehannaNeutralMaintained
    CLSAUnderperformDowngraded
    Cowen & Co.Market PerformUpgraded
    SusquehannaNeutralMaintained
    CLSABuyUpgraded
    PiperJaffrayNeutralDowngraded
    BMO CapitalMarket PerformUpgraded
    SusquehannaNeutralUpgraded
    BGC FinancialSellDowngraded
    ScotiabankSector PerformUpgraded
    PiperJaffrayOverweightInitiated
    SusquehannaNeutralUpgraded
    MacquarieNeutralInitiated
    RBC CapitalSector PerformInitiated
    SusquehannaNegativeDowngraded
    BGC FinancialDowngraded
    BMO CapitalUnderperformDowngraded
    BGC FinancialBuyUpgraded
    WunderlichBuyMaintained
    BarclaysUnderweightDowngraded
    ScotiabankSector PerformDowngraded
    BMO CapitalMarket PerformMaintained
    Dahlman RoseSellDowngraded
    Morgan StanleyEqual-WeightMaintained
    Goldman SachsNeutralMaintained
    BMO CapitalMarket PerformMaintained
    Credit SuisseNeutralInitiated
    KeyBancHoldDowngraded
    BGC FinancialInitiated
    BarclaysEqual-WeightMaintained
    TopekaBuyInitiated
    WunderlichBuyInitiated
    BarclaysEqual-WeightInitiated
    Morgan StanleyEqual-WeightMaintained
    KeyBancBuyInitiated
    ScotiabankSector OutperformMaintained

    Intrepid Potash Inc (IPI) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.914
    The average consensus EPS for IPI is $0.914 with a high estimate of $1.092 and Low of $0.715 for the period 2021-12-31 and based on 5 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.55$0.421674999999999972021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.61612021-09-30
    $0.55$0.421674999999999972021-06-30
    $0.18$0.133322021-03-31
    $-0.05$-0.137362020-12-31
    $-0.78$-0.1590752020-09-30
    $-0.7$-0.05052020-06-30
    $-0.2$0.2022020-03-31
    $0.2$0.2022019-12-31
    $0$0.36362019-09-30
    $0.4$0.36362019-06-30
    $0.5$0.424199999999999972019-03-31
    $0.6$0.3032018-12-31
    $0.3$0.383800000000000032018-09-30
    $-0.1$0.424199999999999972018-06-30
    $0.1$0.22222018-03-31
    $-0.3$-0.04042017-12-31
    $-0.2$-0.4042017-09-30
    $-0.3$-0.55550000000000012017-06-30
    $-1.5$-0.78275000000000012017-03-31
    $-1.9$-1.1733172016-12-31
    $-2.3$-1.15816700000000022016-09-30
    $-1.7$-1.51207100000000022016-06-30
    $-2.2$-1.60155700000000012016-03-31
    $-2.6$-1.12291799999999992015-12-31
    $-0.6$-0.6886182015-09-30
    $-0.8$0.1294822015-06-30
    $0.9$0.499952015-03-31
    $0.8$0.236946000000000022014-12-31
    $-0.2$0.5226752014-09-30
    $0.7$0.106049999999999992014-06-30
    $-0.1$-0.1965462014-03-31
    $-1.1$0.0295932013-12-31
    $0.7$0.86001500000000012013-09-30
    $1.7$2.0673692013-06-30
    $2$1.94323999999999992013-03-31
    $2.6$2.45197700000000032012-12-31
    $3.8$3.4227892012-09-30
    $2.5$2.4888422012-06-30
    $2.7$2.8406252012-03-31
    $3$3.03000000000000022011-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).