Intrepid Potash (IPI) Is Up 1.41% in One Week: What You Should Know

Core Viewpoint - Intrepid Potash (IPI) is identified as a strong momentum stock with a Momentum Style Score of A and a Zacks Rank of 2 (Buy), indicating potential for near-term gains [3][4][12]. Company Performance - IPI shares have increased by 1.41% over the past week, contrasting with a decline of 2.08% in the Zacks Fertilizers industry during the same period [6]. - Over the past month, IPI's price change is 19.42%, significantly outperforming the industry's 0.14% [6]. - In the last quarter, IPI shares rose by 30.27%, and over the past year, they gained 40.76%, while the S&P 500 saw movements of -4.25% and 8.35%, respectively [7]. Trading Volume - The average 20-day trading volume for IPI is 213,400 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the last two months, one earnings estimate for IPI has increased, while none have decreased, leading to a consensus estimate improvement from -$0.45 to -$0.16 [10]. - For the next fiscal year, one estimate has also moved upwards with no downward revisions [10].