With 62151.0 shares changed hands, the volume of the stock remained lighter than its average volume of 72420.0 shares. During the session, the Agricultural Inputs company that operates in wider Basic Materials sector, reached to the highest price of $28.4499 whereas the lowest price it dropped to was $27.0601. The 52-week range on IPI shows that it touched its highest point at $29.75 and its lowest point at $17.52 during that stretch. It currently has a 1-year price target of $19.00. Beta for the stock currently stands at 2.22.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IPI was up-trending over the past week, with a rise of 2.34%, but this was up by 3.28% over a month. Three-month performance surged to 10.67% while six-month performance rose 1.27%. The stock gained 40.24% in the past year, while it has gained 13.35% so far this year. A look at the trailing 12-month EPS for IPI yields -3.37 with Next year EPS estimates of -0.17. For the next quarter, that number is -0.05. This implies an EPS growth rate of 8.67% for this year and 23.52% for next year.
Float and Shares Shorts:
At present, 12.81 million IPI shares are outstanding with a float of 9.90 million shares on hand for trading. On 2024-11-15, short shares totaled 0.33 million, which was 246.99999999999997 higher than short shares on 1728950400. In addition to Mr. Matthew D. Preston as the firm’s CFO & Acting Principal Executive Officer, Mr. Cris Ingold serves as its Chief Accounting Officer.
Institutional Ownership:
Through their ownership of 0.53118 of IPI’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, IPI reported revenue of $57549000.0 and operating income of -$1215000.0. The EBITDA in the recently reported quarter was $8908000.0 and diluted EPS was -$0.14.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for IPI since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With IPI analysts setting a high price target of 19.0 and a low target of 19.0, the average target price over the next 12 months is 19.0. Based on these targets, IPI could drop -29.84% to reach the target high and fall by -29.84% to reach the target low. Reaching the average price target will result in a decline of -29.84% from current levels.
Analysts have provided yearly estimates in a range of -$0.22601 being high and -$0.23063 being low. For IPI, this leads to a yearly average estimate of -$0.22832. The surprise factor in the prior quarter was -$0.01. Based on analyst estimates, the high estimate for the next quarter is $0.18 and the low estimate is $0.18. The average estimate for the next quarter is thus $0.18.
