Intuitive Machines Inc (LUNR) stock: 12-month forecast projects 132.7% potential return%

Intuitive Machines Inc [LUNR] stock is trading at $4.19, down -1.41%. An important factor to consider is whether the stock is rising or falling in short-term value. The LUNR shares have lost -0.24% over the last week, with a monthly amount glided 16.07%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Intuitive Machines Inc [NASDAQ: LUNR] stock has seen the most recent analyst activity on June 28, 2024, when B. Riley Securities initiated its Buy rating and assigned the stock a price target of $8. Previously, Cantor Fitzgerald started tracking the stock with Overweight rating on May 19, 2023, and set its price target to $11. On March 10, 2023, ROTH MKM initiated with a Buy rating and assigned a price target of $20 on the stock. Canaccord Genuity started tracking the stock assigning a Buy rating and suggested a price target of $35 on February 27, 2023.

Intuitive Machines Inc [LUNR] stock has fluctuated between $2.09 and $13.25 over the past year. Currently, Wall Street analysts expect the stock to reach $9.75 within the next 12 months. Intuitive Machines Inc [NASDAQ: LUNR] shares were valued at $4.19 at the most recent close of the market. An investor can expect a potential return of 132.7% based on the average LUNR price forecast.

Analyzing the LUNR fundamentals

Intuitive Machines Inc [NASDAQ:LUNR] reported sales of 134.35M for the trailing twelve months, which represents a growth of 300.68%. Gross Profit Margin for this corporation currently stands at -0.04% with Operating Profit Margin at -0.35%, Pretax Profit Margin comes in at -0.64%, and Net Profit Margin reading is -0.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.15, Equity is 0.06 and Total Capital is -0.71. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.09.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.11 points at the first support level, and at 4.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.30, and for the 2nd resistance point, it is at 4.41.

Ratios To Look Out For

For context, Intuitive Machines Inc’s Current Ratio is 1.04. On the other hand, the Quick Ratio is 1.04, and the Cash Ratio is 0.55. Considering the valuation of this stock, the price to sales ratio is 1.68 and price to earnings (TTM) ratio is 15.09.

Transactions by insiders

Recent insider trading involved Altemus Stephen J, Chief Executive Officer, that happened on Jul 16 ’24 when 0.2 million shares were sold. SVP and Chief Growth Officer, Crain Timothy Price II completed a deal on Jul 03 ’24 to sell 6011.0 shares. Meanwhile, SVP and Chief Growth Officer Crain Timothy Price II sold 50000.0 shares on Jul 01 ’24.

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