IAA, Inc. (IAA) Declines Again; Strong Momentum for Sellers

The stock of IAA, Inc. (NYSE:IAA) is a huge mover today! The stock decreased 2.16% or $0.99 during the last trading session, reaching $44.79. About 688,807 shares traded. IAA, Inc. (NYSE:IAA) has 0.00% since September 13, 2018 and is . It has by 0.00% the S&P500.
The move comes after 5 months negative chart setup for the $5.98B company. It was reported on Sep, 13 by Barchart.com. We have $43.45 PT which if reached, will make NYSE:IAA worth $179.52M less.

Analysts await IAA, Inc. (NYSE:IAA) to report earnings on November, 12. IAA’s profit will be $45.42M for 32.93 P/E if the $0.34 EPS becomes a reality. After $0.44 actual EPS reported by IAA, Inc. for the previous quarter, Wall Street now forecasts -22.73 % negative EPS growth.

More notable recent IAA, Inc. (NYSE:IAA) news were published by: Businesswire.com which released: “IAA, Inc. Announces Second Quarter Fiscal 2019 Earnings Conference Call – Business Wire” on July 31, 2019, also Seekingalpha.com with their article: “Is KAR Auction Services A Value Heading Into The Spin Off? (Part 2) – Seeking Alpha” published on March 07, 2019, Finance.Yahoo.com published: “IAA Acquires DDI Technology – Yahoo Finance” on July 31, 2019. More interesting news about IAA, Inc. (NYSE:IAA) were released by: Seekingalpha.com and their article: “KAR Auction Services: Solid Second Quarter, Spin-Off On Track For June – Seeking Alpha” published on May 21, 2019 as well as Fool.com‘s news article titled: “KAR Auction Services Profit Falls 27% on Lower Auction Margins – Motley Fool” with publication date: August 08, 2019.

IAA, Inc. provides salvage vehicle auctions and related services. The company has market cap of $5.98 billion. It offers salvage auction services, such as inbound transportation logistics, inspection, evaluation, salvage recovery, titling, and settlement administrative services. It has a 31.21 P/E ratio. The company's salvage auctions facilitate the remarketing of damaged vehicles designated as total losses by insurance companies, charity donation vehicles, recovered stolen vehicles, and low value used vehicles through live and online auctions.

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