How to Buy Intrepid Potash Stock
Intrepid Potash Inc
Intrepid Potash is a agricultural input company located in Colorado, United States, which is part of the Basic Materials sector, and is traded under the ticker IPI on the NYSE exchange.
Intrepid Potash stock last closed at $19.92, up 3.64% from the previous day, and has decreased 68.19% in one year. It has underperformed other stocks in the Agricultural Inputs industry by 0.32 percentage points. Intrepid Potash stock is currently +15.61% from its 52-week low of $17.23, and -69.04% from its 52-week high of $64.34.
As of Jun 5, 2023, there are 13.16M IPI shares outstanding. The market cap of IPI is $262.12M. In the last 24 hours, 225,182 IPI shares were traded.
How to Buy Intrepid Potash Stock
Not sure how to invest in Intrepid Potash stock? Here's how.
- Figure out where to buy Intrepid Potash stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Intrepid Potash stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Choose your payment method and add your information.
- Evaluate Intrepid Potash stock: The Intrepid Potash ticker symbol is IPI. Is Intrepid Potash stock a good investment? Should you buy shares of IPI? How do IPI's underlying business fundamentals look? Do top analysts think Intrepid Potash is a good buy? Why has IPI's stock price moved recently? (Hint: Our stock analysis website can help you figure out if IPI is a good stock to buy).
- Make your IPI purchase: Decide if you will purchase IPI shares at the current market price or use a limit order to purchase IPI shares at a particular price.
- Get the latest news on your investment in IPI: Create a watchlist to watch your new investment in Intrepid Potash stock.
Step 1: Figure out where to buy Intrepid Potash stock
You will need a brokerage account to access the NYSE market and buy IPI stock.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best online stock brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to global markets: From Technology to Industrials, New York to Hong Kong — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by creating an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal details so you can invest in IPI today.
How to Create a New Account on eToro
- Click here to get started.
- Enter your personal info to create a new brokerage account.
- Send your info by pressing the "Create Account" button.
Step 3: Deposit money your brokerage account
Now that you have opened your account on the stock trading app, your next step is to transfer the money for your investment:
Check out this video walkthrough if you need help depositing funds into your new investment account.
Step 4: Evaluate Intrepid Potash stock
Once you have figured out the best place to buy Intrepid Potash stock, it's crucial to research their stock prior to buying, so you actually comprehend the risk as well as the upside.
Intrepid Potash shares quick numbers
IPI Fundamentals
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on IPI's stock page.
Is IPI stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge IPI's fair value.
Using relative valuations metrics:
- IPI may be undervalued based on its P/E ratio of 5.76x, relative to Agricultural Inputs industry P/E ratio of 16.16x
- IPI may be undervalued based on its P/B ratio of 0.36x, relative to Agricultural Inputs industry P/B ratio of 1.49x
- IPI could be undervalued based on its PEG ratio of 0.09x
You can access additional valuation analysis on IPI's stock here.
Is IPI a healthy company?
Pros:
- There are more short-term assets than long-term liabilities on the IPI balance sheet.
- Total IPI debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the IPI balance sheet.
- IPI has a low debt to equity ratio of 0.11.
Cons:
- IPI profit margin has gone down from 91.9% to 14.2% in the past year.
- IPI has $15.41M in cash and short term investments. This is not enough to cover its annual cash burn of $19.68M.
- IPI has cash burn of 19681000. It does not have sufficient cash and short-term investments to cover this.
Do analysts think it's a good time to buy Intrepid Potash stock
Out of 2 Equities analysts who give ratings on IPI, the consensus analyst rating on IPI is a Sell
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Most Recent IPI Analyst Upgrades/Downgrades
Joel Jackson, a top 23% analyst from BMO Capital maintains IPI with a hold rating and lowers their IPI price target from $35.00 to $25.00, on May 5, 2023.
Joshua Spector, a bottom 16% analyst from UBS maintains IPI with a strong sell rating and lowers their IPI price target from $38.00 to $29.00, on Jan 11, 2023.
You can dive deeper into what analysts are forecasting on the Intrepid Potash stock forecast page.
Metrics for Advanced IPI Traders
IPI Performance Metrics
Last year, IPI earnings were $45.30M. Over the past four year, IPI's earnings have grown by 27.24% per year. This was faster than the Agricultural Inputs industry average of 19.67%.
Last year, IPI revenue was $320.09M. During the last 5 year, IPI's revenue has increased by 11.4% per year. This was slower than the Agricultural Inputs industry average of 12.16%.
Dive into IPI's earnings and revenue performance here.
Who is buying/selling IPI?
In the past 12 months, executives and large shareholders at IPI have sold more shares than they have bought.
Robert P. Jornayvaz Iii, Executive Chairman CEO of IPI, was the latest IPI insider to sell. They sold $588,344.00 worth of IPI stock on May 23, 2023.
Get more info about who owns IPI shares here.
Does IPI provide a stable income stream?
No, Intrepid Potash doesn't provide an income stream by paying out dividends.
What others are saying about IPI
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your IPI purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will place the order.
If you need more help buying stocks on eToro, click the how to video below:
Step 6: Get the latest news on your investment in IPI
Now that you own some shares in IPI, you'll want to stay up-to-date on your company.
Make a watchlist to get notified of the latest news about your IPI stock.
IPI Feed
How to Buy Stock in Intrepid Potash
To reiterate, here are the 6 steps to buy Intrepid Potash stock:
- Figure out where to buy Intrepid Potash stock
- Open a brokerage account
- Deposit money your brokerage account
- Evaluate Intrepid Potash stock
- Make your IPI purchase
- Get the latest news on your investment in IPI
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get updates on your new investment in Intrepid Potash, get started below.
Related "How To" Guides
FAQ
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.