Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Intrepid Potash stock | 10.04

Own Intrepid Potash stock in just a few minutes.

Posted

Fact checked

Intrepid Potash, Inc is an agricultural inputs business based in the US. Intrepid Potash shares (IPI) are listed on the NYSE and all prices are listed in US Dollars. Intrepid Potash employs 445 staff and has a trailing 12-month revenue of around USD$162.4 million.

How to buy shares in Intrepid Potash

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Intrepid Potash. Find the stock by name or ticker symbol: IPI. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Intrepid Potash reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$10.04, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Intrepid Potash, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Intrepid Potash. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Intrepid Potash share price

Use our graph to track the performance of IPI stocks over time.

Intrepid Potash shares at a glance

Information last updated 2020-10-20.
Latest market close USD$10.04
52-week range USD$0.69 - USD$14.23
50-day moving average USD$9.3414
200-day moving average USD$9.957
Wall St. target price USD$13.17
PE ratio 10.3
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.149

Buy Intrepid Potash shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee
Vanguard
$0
Stocks, Mutual funds, ETFs, Forex
$1
$20 per year
Get a personal advisor when you open an account with at least $50,000.
Robinhood
$0
Stocks, Options, ETFs, Cryptocurrency
$0
0%
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
A free way to invest in stocks, ETFs and crypto.
Interactive Brokers
$0
Stocks, Bonds, Options, Mutual funds, Index funds, ETFs, Futures, Cash
$0 + $0.65/contract, $1 minimum
0%
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
TD Ameritrade
$0
or $25 broker-assisted
Stocks
$0 + $0.65/contract,
or $25 broker-assisted
TD Ameritrade features $0 commission for online stock, but watch out for high short-term ETF and broker-assisted trading fees.
loading

Compare up to 4 providers

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Intrepid Potash stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Intrepid Potash price performance over time

Historical closes compared with the close of $10.04 from 2020-11-16

1 week (2020-11-18) -9.39%
1 month (2020-10-23) -8.81%
3 months (2020-08-25) -5.55%
6 months (2020-05-22) 829.63%
1 year (2019-11-25) 356.36%
2 years (2018-11-23) 191.01%
3 years (2017-11-24) 167.02%
5 years (2015-11-25) 197.04%

Is Intrepid Potash under- or over-valued?

Valuing Intrepid Potash stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Intrepid Potash's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Intrepid Potash's P/E ratio

Intrepid Potash's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Intrepid Potash shares trade at around 10x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Intrepid Potash's PEG ratio

Intrepid Potash's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.34. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Intrepid Potash's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Intrepid Potash's EBITDA

Intrepid Potash's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$34.2 million.

The EBITDA is a measure of a Intrepid Potash's overall financial performance and is widely used to measure a its profitability.

Intrepid Potash financials

Revenue TTM USD$162.4 million
Gross profit TTM USD$45.3 million
Return on assets TTM -0.09%
Return on equity TTM -3.38%
Profit margin -8.87%
Book value $32.772
Market capitalisation USD$140.1 million

TTM: trailing 12 months

Shorting Intrepid Potash shares

There are currently 264,368 Intrepid Potash shares held short by investors – that's known as Intrepid Potash's "short interest". This figure is 43.7% up from 183,935 last month.

There are a few different ways that this level of interest in shorting Intrepid Potash shares can be evaluated.

Intrepid Potash's "short interest ratio" (SIR)

Intrepid Potash's "short interest ratio" (SIR) is the quantity of Intrepid Potash shares currently shorted divided by the average quantity of Intrepid Potash shares traded daily (recently around 122392.59259259). Intrepid Potash's SIR currently stands at 2.16. In other words for every 100,000 Intrepid Potash shares traded daily on the market, roughly 2160 shares are currently held short.

However Intrepid Potash's short interest can also be evaluated against the total number of Intrepid Potash shares, or, against the total number of tradable Intrepid Potash shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Intrepid Potash's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Intrepid Potash shares in existence, roughly 20 shares are currently held short) or 0.0323% of the tradable shares (for every 100,000 tradable Intrepid Potash shares, roughly 32 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Intrepid Potash.

Find out more about how you can short Intrepid Potash stock.

Intrepid Potash share dividends

We're not expecting Intrepid Potash to pay a dividend over the next 12 months.

Have Intrepid Potash's shares ever split?

Intrepid Potash's shares were split on a 1:10 basis on 14 August 2020. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Intrepid Potash shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Intrepid Potash shares which in turn could have impacted Intrepid Potash's share price.

Intrepid Potash share price volatility

Over the last 12 months, Intrepid Potash's shares have ranged in value from as little as $0.69 up to $14.23. A popular way to gauge a stock's volatility is its "beta".

IPI.US volatility(beta: 1.83)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Intrepid Potash's is 1.8323. This would suggest that Intrepid Potash's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Intrepid Potash overview

Intrepid Potash, Inc. produces and sells potash and langbeinite products in the United States and internationally. It operates through three segments: Potash, Trio, and Oilfield Solutions. The Potash segment provides muriate of potash or potassium chloride for use as a fertilizer input in the agricultural market; as a component in drilling and fracturing fluids for oil and gas wells, as well as an input to other industrial processes in the industrial market; and as a nutrient supplement in the animal feed market. The Trio segment offers Trio, a specialty fertilizer that delivers potassium, sulfate, and magnesium in a single particle. The Oilfield Solutions segment sells water for use in the oil and gas services industry; and offers potassium chloride real-time mixing services on location for hydraulic fracturing operations and trucking services. The company provides salt for use in animal feeds, industrial applications, pool salts, and treatment of roads and walkways; magnesium chloride for use in the deicing and dedusting of roads; brines for well development and completion applications in the oil and gas industry; and metal recovery salt, a combination of potash and salt to enhance the recovery of aluminum in the aluminum recycling processing facilities. Intrepid Potash, Inc. was founded in 2000 and is based in Denver, Colorado.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site