Can Intrepid Potash, Inc. (IPI)’s Tomorrow Be Different? The Stock Increases Again

September 17, 2017 - By Ellis Scott

Investors sentiment decreased to 0.49 in Q4 2016. Its down 0.26, from 0.75 in 2016Q3. It worsened, as 29 investors sold Intrepid Potash, Inc. shares while 32 reduced holdings. 14 funds opened positions while 16 raised stakes. 28.45 million shares or 11.71% less from 32.23 million shares in 2016Q3 were reported.
Dimensional Fund Advsr L P accumulated 936,918 shares or 0% of the stock. Ameriprise stated it has 564,653 shares or 0% of all its holdings. Moreover, Bancorp Of Montreal Can has 0% invested in Intrepid Potash, Inc. (NYSE:IPI). Hartford Financial invested 0% of its portfolio in Intrepid Potash, Inc. (NYSE:IPI). Credit Suisse Ag owns 27,330 shares. Macquarie Grp Incorporated Ltd holds 0% or 317,905 shares in its portfolio. New York-based Jpmorgan Chase And Comm has invested 0% in Intrepid Potash, Inc. (NYSE:IPI). Great Lakes Advsrs Ltd Liability reported 0.06% of its portfolio in Intrepid Potash, Inc. (NYSE:IPI). Morgan Stanley invested 0% of its portfolio in Intrepid Potash, Inc. (NYSE:IPI). Invesco Ltd reported 0% stake. Guggenheim Capital Limited Liability has invested 0% in Intrepid Potash, Inc. (NYSE:IPI). Susquehanna Intl Group Limited Liability Partnership holds 62,004 shares or 0% of its portfolio. Spot Trading Ltd Company stated it has 0% in Intrepid Potash, Inc. (NYSE:IPI). Employees Retirement Association Of Colorado reported 19,941 shares. Royal Comml Bank Of Canada invested in 3,505 shares or 0% of the stock.

The stock of Intrepid Potash, Inc. (NYSE:IPI) is a huge mover today! The stock increased 4.03% or $0.15 on September 15, reaching $3.87. About 2.86 million shares traded or 57.14% up from the average. Intrepid Potash, Inc. (NYSE:IPI) has risen 84.68% since September 17, 2016 and is uptrending. It has outperformed by 67.98% the S&P500.
The move comes after 8 months positive chart setup for the $504.01 million company. It was reported on Sep, 17 by Barchart.com. We have $4.22 PT which if reached, will make NYSE:IPI worth $45.36M more.

Investors wait Intrepid Potash, Inc. (NYSE:IPI) to report on November, 1. its quarterly earnings Wall Street analysts expect $-0.04 earnings per share, up $0.19 or 82.61 % from last year’s $-0.23 same quarter earnings. Intrepid Potash, Inc.’s Wall Street analysts see 33.33 % negative EPS growth, taking into account the $-0.03 EPS reproted in the previous quarter,

Intrepid Potash, Inc. (NYSE:IPI) Ratings Coverage

Among 9 analysts covering Intrepid Potash Inc. (NYSE:IPI), 1 have Buy rating, 3 Sell and 5 Hold. Therefore 11% are positive. Intrepid Potash Inc. had 22 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Tuesday, January 26 by Susquehanna. Societe Generale upgraded the stock to “Sector Perform” rating in Tuesday, January 19 report. The company was maintained on Tuesday, November 24 by Cowen & Co. The firm has “Underperform” rating by CLSA given on Wednesday, October 28. The stock has “Underperform” rating by Credit Agricole on Wednesday, October 28. The firm earned “Hold” rating on Tuesday, November 24 by Vertical Research. Cowen & Co downgraded Intrepid Potash, Inc. (NYSE:IPI) on Thursday, April 14 to “Underperform” rating. The firm has “Market Perform” rating given on Thursday, August 3 by BMO Capital Markets. The firm has “Hold” rating by BMO Capital Markets given on Friday, September 8. RBC Capital Markets maintained Intrepid Potash, Inc. (NYSE:IPI) rating on Wednesday, October 21. RBC Capital Markets has “Sector Perform” rating and $7 target.

Another recent and important Intrepid Potash, Inc. (NYSE:IPI) news was published by Zacks.com which published an article titled: “Why Intrepid Potash (IPI) Could Be Positioned for a Surge August 25, 2017” on August 25, 2017.

Intrepid Potash, Inc. is a producer of muriate of potash and langbeinite (sulfate of potash magnesia) in the United States, which it markets and sells as Trio. The company has market cap of $504.01 million. The Firm operates in the extraction, production and sale of potassium-related products. It currently has negative earnings. The Company’s products are potash and Trio.

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