Intrepid Potash (IPI) to Release Quarterly Earnings on Monday

Intrepid Potash (NYSE:IPI) will likely be announcing its Q1 2025 earnings results after the market closes on Monday, May 5th. Analysts expect Intrepid Potash to post earnings of ($0.12) per share and revenue of $72.34 million for the quarter.

Intrepid Potash (NYSE:IPI) last issued its quarterly earnings data on Monday, March 3rd. The basic materials company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.06). The company had revenue of $55.80 million during the quarter, compared to the consensus estimate of $50.35 million. Intrepid Potash had a negative net margin of 16.86% and a negative return on equity of 1.32%. During the same period in the previous year, the business posted ($0.41) earnings per share. On average, analysts expect Intrepid Potash to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Intrepid Potash Stock Up 1.2 %

Shares of Intrepid Potash stock opened at $33.26 on Friday. Intrepid Potash has a 12-month low of $20.75 and a 12-month high of $35.17. The stock has a market capitalization of $443.06 million, a P/E ratio of -9.93 and a beta of 1.78. The stock has a 50 day moving average price of $28.47 and a two-hundred day moving average price of $26.52.

Insider Buying and Selling

In other news, major shareholder Robert P. Jornayvaz III sold 14,736 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $25.67, for a total transaction of $378,273.12. Following the sale, the insider now directly owns 1,212,823 shares in the company, valued at approximately $31,133,166.41. The trade was a 1.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last quarter, insiders have sold 170,171 shares of company stock valued at $4,617,835. 18.00% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on IPI shares. UBS Group dropped their target price on shares of Intrepid Potash from $20.00 to $19.00 and set a “sell” rating on the stock in a report on Wednesday, April 16th. StockNews.com cut Intrepid Potash from a “hold” rating to a “sell” rating in a research report on Thursday, March 27th.

About Intrepid Potash

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.