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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 $20.86, up 2.25% from the previous day, and has decreased 21.22% in one year. It has underperformed other stocks in the Agricultural Inputs industry by 0.05 percentage points. Intrepid Potash stock is currently +21.07% from its 52-week low of $17.23, and -26.42% from its 52-week high of $28.35.

As of Mar 28, 2024, there are 13.14M IPI shares outstanding. The market cap of IPI is $274.12M. In the last 24 hours, 89,850 IPI shares were traded.

How to Buy Intrepid Potash Stock

Not sure how to invest in Intrepid Potash stock? Here's how.
  1. 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.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Choose your payment method and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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:

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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 Price
$20.86
1w %
7.03%
1y %
-21.22%
5y %
-44.81%
P/E
-7.45x
P/B
0.4x
P/S
0.95x
PEG
N/A
Revenue
$279.08M
Earnings
-$35.67M
Fore. Rev. Growth
-13.02%
Fore. Earn. Growth
N/A
Market Cap
$274.12M
Next Earnings
May 1, 2024
Next Dividend
N/A

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/B ratio of 0.4x, relative to Agricultural Inputs industry P/B ratio of 1.44x

You can do additional valuation analysis on IPI's stock here.

IPI Financial Overview

Pros:

  • Total IPI debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the IPI balance sheet.
  • There are more short-term assets than short-term liabilities on the IPI balance sheet.
  • IPI has a low debt to equity ratio of 0.12.
  • IPI has $7.04M in cash and short term investments. This is sufficient to cover its annual cash burn of $21.71M.

Cons:

  • IPI profit margin has gone down from 21.4% to -12.8% in the past year.
  • IPI has cash burn of 21706000. It does not have enough cash and short-term investments to cover this.

Is it a good time to buy Intrepid Potash stock, according to analysts?

Out of 1 Equities analysts who research IPI, the consensus analyst rating on Intrepid Potash is a Hold

It's important to note that analyst forecasts are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are forecasting on the Intrepid Potash stock forecast page.

IPI Trading Indicators

SMA10
19.49
SMA20
20.02
SMA50
19.73
SMA100
20.32
SMA200
22.22
MACD
-0.12
MACD Signal
-0.19
MACD Histogram
0.06
RSI
57.56
Stochastic %K
50.98
Stochastic %D
28.13
StochRSI %K
72.4
StochRSI %D
43.02

IPI Growth Metrics

Last year, IPI revenue was $279.08M. Over the last 5 year, IPI's revenue has increased by 6.03% per year. This was slower than the Agricultural Inputs industry average of 6.88%.

Find out more about IPI's earnings and revenue performance here.

Are IPI insiders buying or selling the stock?

Over the last 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 $298,556.25 worth of IPI stock on Mar 22, 2024.

Learn more about who owns IPI shares here.

Does IPI stock generate passive income?

No, Intrepid Potash doesn't provide an income stream by paying out dividends.

IPI Social Trading Data

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Make your IPI purchase

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a given price, place a limit order.

Hit the Open button and eToro will place your order.

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Step 6: Get the latest news on your investment in IPI

Now that you own some IPI stock, you'll want to keep up with your new investment.

Create a watchlist to track your IPI stock.

IPI Feed

How to Buy Stock in Intrepid Potash

To reiterate, here are the 6 steps you need to take to buy Intrepid Potash stock right now:

  1. Figure out where to buy Intrepid Potash stock
  2. Open a brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Intrepid Potash stock
  5. Make your IPI purchase
  6. Get the latest news on your investment in IPI

If you need a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep an eye on your new investment in Intrepid Potash, get started below.

NYSE: IPI
$20.86+0.46 (+2.25%)
Updated Mar 28, 2024
Open eToro Account
NYSE: IPI
$20.86+0.46 (+2.25%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Intrepid Potash share?

As of Mar 28, 2024, it costs $20.86 to buy one share of Intrepid Potash stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.479 shares of IPI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Intrepid Potash stock?

According to 1 Wall Street analysts who monitor Intrepid Potash, their consensus recommendation is to hold Intrepid Potash stock.

What is the best way to buy Intrepid Potash stock?

One way to place an order for Intrepid Potash stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.