What Will Happen to Intrepid Potash, Inc. (IPI) Next? The Stock Just Increased A Lot

September 17, 2017 - By Nellie Frank

Investors sentiment decreased to 0.49 in 2016 Q4. Its down 0.26, from 0.75 in 2016Q3. It fall, 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.
Macquarie Group Ltd accumulated 317,905 shares. Sii Investments Incorporated Wi has 63,000 shares. Moreover, Gsa Prns Llp has 0.05% invested in Intrepid Potash, Inc. (NYSE:IPI) for 427,000 shares. Manufacturers Life Insur Co The reported 0% of its portfolio in Intrepid Potash, Inc. (NYSE:IPI). Connor Clark Lunn Inv Ltd has invested 0% in Intrepid Potash, Inc. (NYSE:IPI). Great Lakes Advsr Limited Liability Co reported 0.06% of its portfolio in Intrepid Potash, Inc. (NYSE:IPI). California Employees Retirement Systems invested 0% of its portfolio in Intrepid Potash, Inc. (NYSE:IPI). Dimensional Fund Ltd Partnership owns 936,918 shares. Moreover, Plante Moran Fin Limited Liability Com has 0% invested in Intrepid Potash, Inc. (NYSE:IPI) for 500 shares. Fmr Lc reported 0% stake. Geode Capital Mngmt Lc invested in 0% or 354,915 shares. Koch holds 1.31 million shares. Tfs Capital Lc has 17,689 shares. Bnp Paribas Arbitrage Sa invested in 6,118 shares. Ameriprise Fincl invested 0% in Intrepid Potash, Inc. (NYSE:IPI).

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 2.86M 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.

Analysts await Intrepid Potash, Inc. (NYSE:IPI) to report earnings on November, 1. They expect $-0.04 EPS, up 82.61 % or $0.19 from last year’s $-0.23 per share. After $-0.03 actual EPS reported by Intrepid Potash, Inc. for the previous quarter, Wall Street now forecasts 33.33 % negative EPS growth.

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. Cowen & Co maintained it with “Market Perform” rating and $4 target in Tuesday, November 24 report. CLSA downgraded the stock to “Underperform” rating in Wednesday, October 28 report. Cowen & Co upgraded the stock to “Market Perform” rating in Wednesday, October 14 report. The firm has “Sector Perform” rating given on Tuesday, January 19 by Societe Generale. BMO Capital Markets maintained the shares of IPI in report on Friday, September 8 with “Hold” rating. The stock has “Sell” rating by UBS on Monday, August 7. CLSA upgraded the stock to “Outperform” rating in Tuesday, May 10 report. BMO Capital Markets maintained the stock with “Hold” rating in Thursday, July 6 report. The firm has “Sector Perform” rating given on Wednesday, October 21 by RBC Capital Markets. The stock of Intrepid Potash, Inc. (NYSE:IPI) has “Hold” rating given on Tuesday, November 24 by Vertical Research.

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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