As of Friday close, IAA Inc.’s (NYSE:IAA) stock was down -$0.49, moving down -1.21 percent to $39.93. The average number of shares traded per day over the past five days has been 5,969,280 shares. 2 times new highs have been achieved over the past 5 days, with a -$1.58 fall in that time frame. In the last twenty days, the average volume was 4,648,935, while in the previous 50 days, it was 3,492,704.
Since last month, IAA stock retreated -7.89%. Shares of the company fell to $37.38 on 03/10/23, the lowest level in the past month. A 52-week high of $44.07 was reached on 02/14/23 after having rallying from a 52-week low of $31.50. Since the beginning of this year, IAA’s stock price has dropped by -0.17% or -$0.07, and marked a new high 5 times. However, the stock has declined by -9.39% since its 52-week high.
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Right now, IAA Inc. (IAA) has a P/E ratio of about 18.32. The stock’s beta is 1.46. Besides these, the trailing price-to-sales (P/S) ratio of 2.31, the price-to-book (PB) ratio of 9.40, and the price-to-cash flow ratio of 21.91 may also be considered.
In the three months ended December 30, IAA Inc.’s quick ratio stood at 1.80, while its current ratio was 1.80, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 1.92, and the total debt-to-equity ratio was 1.98. On the profitability front, the trailing twelve-month gross margin is 35.00% percent. In the year ended December 30, operating margins totaled 19.90%. Based on annual data, IAA earned $734.7 million in gross profit and brought in $2.1 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 19.20%. Return on equity (ROE) for the past 12 months was 62.70%.
In IAA Inc.’s quarter-end financial report for December 30, it reported total debt of $1.09 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. IAA’s revenue fell -4.7% to $497.5 million during the quarter, while net income inched up to $523.5 million. While analysts expected IAA Inc. to report $0.54 quarterly earnings, the actual figure was $0.61 per share, beating the consensus estimate by 13.00%. During the quarter, the company generated $132.7 million in EBITDA. The liabilities of IAA Inc. were 2.8 billion at the end of its most recent quarter ended December 30, and its total debt was $2.4 billion. The value of shareholders’ equity is $133.86 million.
This quick technical analysis looks at IAA Inc.’s (IAA) price momentum. With a historical volatility rate of 58.47%, the RSI 9-day stood at 47.08% on 17 March.
With respect to its five-day moving average, the current IAA Inc. price is down by -3.81% percent or -$1.58. At present, IAA shares trade -5.42% below its 20-day simple moving average and +10.30% percent above its 100-day simple moving average. However, the stock is currently trading approximately -0.20% below its SMA50 and +2.31% above its SMA200.
Stochastic coefficient K was 57.97% and Stochastic coefficient D was 56.12%, while ATR was 1.31. Given the Stochastic reading of 55.19% for the 14-day period, the RSI (14) reading has been calculated as 46.90%. As of today, the MACD Oscillator reading stands at 0.39, while the 14-day reading stands at 0.16.
IAA Inc. downgraded its rating on IAA Inc. (NYSE: IAA) to a Neutral in a note to investors on January 05, 2023. The analysts firm previously had an Outperform rating on the stock.IAA Inc. (IAA) has been rated Hold by analysts. According to 0 brokerage firms, IAA is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate IAA Inc. stock as buy, with 0 recommending it as overweight.
With a median target price of $43.50, the current consensus forecast for the stock is $40.00 – $46.00. Based on these forecasts, analysts predict IAA Inc. (IAA) will achieve an average price target of $43.25.