- Intrepid Potash (IPI, Financial) exceeded revenue expectations with significant year-over-year growth.
- Analysts project a substantial downside risk from the current stock price.
- Brokerage consensus classifies Intrepid Potash as "Underperform."
Intrepid Potash (IPI) has delivered an impressive financial performance in the first quarter, posting a Non-GAAP EPS of $0.39. The company’s revenue soared to $97.76 million, reflecting a robust 23.3% increase from the prior year and surpassing analyst expectations by $15.34 million.
Wall Street's Outlook on Intrepid Potash
According to projections by analysts, the one-year price target for Intrepid Potash Inc (IPI, Financial) is pegged at an average of $19.00, with both the high and low estimates coinciding at $19.00. This price target suggests a potential downside of 41.66% from the current trading price of $32.57. Investors looking for more comprehensive estimate data can explore the Intrepid Potash Inc (IPI) Forecast page.
The consensus from two brokerage firms places Intrepid Potash Inc (IPI, Financial) at an average recommendation of 4.0, which equates to an "Underperform" status. The rating system ranges from 1, indicating a Strong Buy, to 5, signifying a Sell.
Understanding the GF Value Estimate
GuruFocus estimates the GF Value for Intrepid Potash Inc (IPI, Financial) to be $20.43 in one year, indicating a potential downside of 37.27% from the current price of $32.57. The GF Value represents GuruFocus' assessment of the stock's fair market value, determined by analyzing historical trading multiples, past business performance growth, and anticipated future business performance. For more detailed reports, the Intrepid Potash Inc (IPI) Summary page offers extensive insights.
