Intrepid Potash, Inc. (IPI) Forms $4.65 Double Top; Aircastle Limited (AYR) Had 1 Bullish Analysts

May 16, 2018 - By rebbecca

Aircastle Limited (NYSE:AYR) Logo

Intrepid Potash, Inc. (IPI) formed double top with $4.79 target or 3.00% above today’s $4.65 share price. Intrepid Potash, Inc. (IPI) has $577.93M valuation. The stock increased 7.39% or $0.32 during the last trading session, reaching $4.65. About 2.21 million shares traded or 81.44% up from the average. Intrepid Potash, Inc. (NYSE:IPI) has risen 125.00% since May 16, 2017 and is uptrending. It has outperformed by 113.45% the S&P500.

Among 14 analysts covering Aircastle (NYSE:AYR), 1 have Buy rating, 0 Sell and 13 Hold. Therefore 7% are positive. Aircastle had 44 analyst reports since August 7, 2015 according to SRatingsIntel. Stephens upgraded the shares of AYR in report on Wednesday, February 14 to “Equal-Weight” rating. The firm has “Underperform” rating given on Monday, September 21 by Bank of America. As per Friday, July 7, the company rating was maintained by Cowen & Co. The company was downgraded on Friday, August 5 by FBR Capital. Deutsche Bank downgraded the stock to “Hold” rating in Thursday, May 5 report. DA Davidson upgraded Aircastle Limited (NYSE:AYR) on Friday, February 12 to “Buy” rating. As per Tuesday, February 13, the company rating was maintained by Cowen & Co. The firm has “Neutral” rating given on Tuesday, February 28 by Bank of America. The rating was downgraded by Cowen & Co to “Market Perform” on Wednesday, February 15. The company was maintained on Wednesday, November 4 by RBC Capital Markets. See Aircastle Limited (NYSE:AYR) latest ratings:

04/05/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $23 New Target: $24 Maintain
06/03/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $25 New Target: $24 Maintain
13/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $24.0 Maintain
14/02/2018 Broker: Stephens Old Rating: Underweight New Rating: Equal-Weight Upgrade
13/02/2018 Broker: Cowen & Co Rating: Hold New Target: $24.0 Maintain
08/12/2017 Broker: Citigroup Rating: Hold New Target: $25.0 Initiate

Investors sentiment increased to 1.54 in 2017 Q4. Its up 0.45, from 1.09 in 2017Q3. It improved, as 12 investors sold Aircastle Limited shares while 40 reduced holdings. 32 funds opened positions while 48 raised stakes. 47.41 million shares or 0.74% less from 47.77 million shares in 2017Q3 were reported. Donald Smith Comm, a New York-based fund reported 668,199 shares. Fund Mngmt Sa holds 0% of its portfolio in Aircastle Limited (NYSE:AYR) for 13,800 shares. 442,142 were accumulated by Geode Cap Mngmt Ltd Limited Liability Company. Dean Investment Associates Ltd Company accumulated 128,785 shares or 0.46% of the stock. Alliancebernstein Ltd Partnership accumulated 72,620 shares. Gsa Ptnrs Llp stated it has 0.02% of its portfolio in Aircastle Limited (NYSE:AYR). Quantbot Technologies L P owns 7,022 shares. Ny State Common Retirement Fund stated it has 54,270 shares or 0% of all its holdings. Jpmorgan Chase And Com stated it has 0% in Aircastle Limited (NYSE:AYR). Millennium Mgmt Ltd owns 73,166 shares. State Board Of Administration Of Florida Retirement System holds 43,933 shares or 0% of its portfolio. Prelude Cap Mngmt Ltd Liability Co stated it has 800 shares or 0% of all its holdings. Blackrock invested in 0% or 3.24M shares. Swiss Bank holds 0% in Aircastle Limited (NYSE:AYR) or 91,600 shares. Denali Advsrs Ltd Limited Liability Company reported 173 shares or 0% of all its holdings.

More important recent Aircastle Limited (NYSE:AYR) news were published by: Seekingalpha.com which released: “Aircastle Is Perfect For Income Investors” on May 15, 2018, also Seekingalpha.com published article titled: “Aircastle Limited 2018 Q1 – Results – Earnings Call Slides”, Seekingalpha.com published: “AirCastle’s (AYR) CEO Michael Inglese on Q1 2018 Results – Earnings Call Transcript” on May 03, 2018. More interesting news about Aircastle Limited (NYSE:AYR) was released by: Globenewswire.com and their article: “Detailed Research: Economic Perspectives on Five Below, Employers, Unifi, Aircastle, Internap, and Bank of Marin …” with publication date: May 01, 2018.

Aircastle Limited, through its subsidiaries, acquires, leases, and sells commercial jet aircraft to airlines. The company has market cap of $1.79 billion. The firm also invests in other aviation assets. It has a 12.19 P/E ratio. As of December 31, 2016, its aircraft portfolio comprised 206 aircraft leased to 71 lessees located in 36 countries.

The stock increased 2.15% or $0.48 during the last trading session, reaching $22.8. About 472,392 shares traded or 19.33% up from the average. Aircastle Limited (NYSE:AYR) has declined 16.04% since May 16, 2017 and is downtrending. It has underperformed by 27.59% the S&P500.

Analysts await Intrepid Potash, Inc. (NYSE:IPI) to report earnings on August, 1. They expect $0.04 earnings per share, up 233.33% or $0.07 from last year’s $-0.03 per share. IPI’s profit will be $4.97 million for 29.06 P/E if the $0.04 EPS becomes a reality. After $0.01 actual earnings per share reported by Intrepid Potash, Inc. for the previous quarter, Wall Street now forecasts 300.00% EPS growth.

Among 10 analysts covering Intrepid Potash Inc. (NYSE:IPI), 2 have Buy rating, 2 Sell and 6 Hold. Therefore 20% are positive. Intrepid Potash Inc. has $12 highest and $1.50 lowest target. $3.50’s average target is -24.73% below currents $4.65 stock price. Intrepid Potash Inc. had 27 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Market Perform” rating by Cowen & Co given on Wednesday, October 14. The rating was downgraded by Cowen & Co on Thursday, April 14 to “Underperform”. On Monday, March 5 the stock rating was upgraded by Cowen & Co to “Hold”. The firm earned “Sell” rating on Thursday, November 30 by Cowen & Co. On Friday, September 8 the stock rating was maintained by BMO Capital Markets with “Hold”. The company was maintained on Tuesday, November 24 by Cowen & Co. The stock of Intrepid Potash, Inc. (NYSE:IPI) has “Market Perform” rating given on Thursday, August 3 by BMO Capital Markets. The company was maintained on Thursday, July 6 by BMO Capital Markets. As per Wednesday, October 28, the company rating was downgraded by CLSA. The rating was maintained by RBC Capital Markets on Wednesday, October 28 with “Sector Perform”.

Investors sentiment decreased to 1.02 in Q4 2017. Its down 0.19, from 1.21 in 2017Q3. It is negative, as 15 investors sold Intrepid Potash, Inc. shares while 30 reduced holdings. 23 funds opened positions while 23 raised stakes. 58.12 million shares or 2.58% less from 59.66 million shares in 2017Q3 were reported. Weiss Asset Management Limited Partnership invested 0.01% of its portfolio in Intrepid Potash, Inc. (NYSE:IPI). Kbc Nv owns 120,834 shares. Grp One Trading Lp invested in 9,100 shares or 0% of the stock. Boothbay Fund Mngmt Ltd Com reported 200,000 shares stake. Legal General Grp Inc Public Limited holds 17,179 shares. Northern Tru Corp owns 1.07 million shares. Virtu Finance Ltd Liability Co stated it has 0.01% of its portfolio in Intrepid Potash, Inc. (NYSE:IPI). Voya Invest Limited Liability Com stated it has 42,350 shares or 0% of all its holdings. Citadel Ltd Co accumulated 55,198 shares. Sanctuary Wealth Advsr Limited reported 2,976 shares. Sii Invs Wi owns 0.03% invested in Intrepid Potash, Inc. (NYSE:IPI) for 63,000 shares. State Street Corporation holds 1.54M shares. Vanguard Gru Incorporated accumulated 4.24M shares or 0% of the stock. Ameritas Prtn holds 0% in Intrepid Potash, Inc. (NYSE:IPI) or 8,313 shares. Connor Clark Lunn Invest holds 1.80 million shares.

Intrepid Potash, Inc. (NYSE:IPI) Institutional Positions Chart