Robert W. Baird analyst Craig Kennison maintained a Buy rating on IAA (NYSE:IAA) Inc on Tuesday, setting a price target of $65, which is approximately 9.56% above the present share price of $59.33.
Kennison expects IAA Inc to post earnings per share (EPS) of $0.39 for the first quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in IAA, with an average price target of $67.5.
The analysts price targets range from a high of $67.5 to a low of $67.5.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $338 million and a net profit of $84 million. The company's market cap is $7.98 billion.
According to TipRanks.com, Robert W. Baird analyst Craig Kennison is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 19.6% and a 67.57% success rate.
IAA, Inc. engages in the provision of auction solutions for total loss, damaged and low-value vehicles. Its solutions focuses on a diverse set of global customers, provide buyers with rebuild requirements, replacement part inventory and scrap demand. The company was founded on June 19, 2018 and is headquartered in Westchester, IL.