7.6 C
New York
Sunday, April 2, 2023

There’s No Getting Around IAA Inc. (NYSE: IAA) Success

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for IAA Inc. (IAA) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $39.92. The IAA Inc. has recorded 120,744 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Exponent Set to Join S&P MidCap 400; CVR Energy and Certara to Join S&P SmallCap 600.

Top 5 EV Tech Stocks to Buy for 2023

According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.

Click Here to Download the FREE Report.

Sponsored

Stocks Info

IAA belongs to the Consumer Cyclical sector of the NYSE while operating in the Auto & Truck Dealerships industry. At the end of the last regular session, the stock closed at $39.92 and fluctuated between $40.32 as its day high and $39.80 as its day low. The current market capitalization of IAA Inc. is $4.84B. A total of 4.43 million shares were traded on the day, compared to an average of 2.95M shares.

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, IAA has seen 0 BUY and 5 SELL insider trades, representing the acquisition of 0 and the disposition of 3,857 shares. Over the last 12 months, there were 16 BUYs and 13 SELLs from insiders. Insiders purchased 116,430 shares during that period but sold 5,756.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for IAA in the last 3 months, the mean price target is $43.25 with high estimates of $46.00 and low estimates of $40.00. In terms of 52-week highs and lows, IAA has a high of $44.07 and a low of $31.50.

As of this writing, IAA has an earnings estimate of $0.52 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.62 per share and a lower estimate of $0.47. The company reported an EPS of $0.62 in the last quarter, which was 8.80% higher than expectations of $0.57.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 6 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for IAA is Overweight with a score of 3.00. A total of 0 analysts rated the stock as Buy while 0 rated it as Overweight while 6 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles