Stock of Intuitive Machines Inc (LUNR) performance and profitability takes another direction

A share price of Intuitive Machines Inc [LUNR] is currently trading at $9.15, down -1.40%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LUNR shares have gain 49.27% over the last week, with a monthly amount glided 70.07%, 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 experienced fluctuations in its stock price throughout the past year between $2.09 and $13.25. Currently, Wall Street analysts expect the stock to reach $10.75 within the next 12 months. Intuitive Machines Inc [NASDAQ: LUNR] shares were valued at $9.15 at the most recent close of the market. An investor can expect a potential return of 17.49% based on the average LUNR price forecast.

Analyzing the LUNR fundamentals

Trailing Twelve Months sales for Intuitive Machines Inc [NASDAQ:LUNR] were 157.77M which represents 130.13% growth. Gross Profit Margin for this corporation currently stands at -0.1% with Operating Profit Margin at -0.39%, Pretax Profit Margin comes in at -0.54%, and Net Profit Margin reading is -0.24%. To continue investigating profitability, this company’s Return on Assets is posted at -0.27, Equity is 0.12 and Total Capital is -1.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.16.

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 8.58 points at the first support level, and at 8.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.78, and for the 2nd resistance point, it is at 10.42.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Intuitive Machines Inc [NASDAQ:LUNR] is 0.91. In addition, the Quick Ratio stands at 0.91 and the Cash Ratio stands at 0.4. Considering the valuation of this stock, the price to sales ratio is 3.65.

Transactions by insiders

Recent insider trading involved BLITZER MICHAEL, Director, that happened on Sep 19 ’24 when 0.66 million shares were sold. Director, BLITZER MICHAEL completed a deal on Sep 20 ’24 to sell 0.25 million shares. Meanwhile, SVP and Chief Growth Officer Crain Timothy Price II sold 0.3 million shares on Sep 18 ’24.

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