Alert: Negative Investment/Fundamental Signals (3/18/24)-Intrepid Potash Inc (NYSE: IPI)

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Intrepid Potash Inc (NYSE: IPI). Extremely important negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, and its longer term price trend turned down.

Intrepid Potash Inc (NYSE: IPI). Meaningful negative changes in fundamentals have recently occurred: the consensus estimate for December, 2025 decreased significantly, and significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

IPI’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.

Intrepid Potash has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Intrepid Potash has a good Appreciation Score of 79 but a very low Power Rating of 5, triggering the Negative Value Trend Rating.

Recent Price Action

On 3/18/24, Intrepid Potash Inc (NYSE: IPI) stock rose modestly by 0.9%, closing at $19.54. However, below average trading volume at 71% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months and has declined -3.3% during the last week.

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