At the time of writing, Intuitive Machines Inc [LUNR] stock is trading at $8.24, down -1.32%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LUNR shares have gain 8.28% over the last week, with a monthly amount drifted -11.21%, and not 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.
For the past year, the stock price of Intuitive Machines Inc fluctuated 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 $8.24 at the most recent close of the market. An investor can expect a potential return of 30.46% based on the average LUNR price forecast.
Analyzing the LUNR fundamentals
According to Intuitive Machines Inc [NASDAQ:LUNR], the company’s sales were 157.77M for trailing twelve months, which represents an 130.13% jump. 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 8.08 points at the first support level, and at 7.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.54, and for the 2nd resistance point, it is at 8.84.
Ratios To Look Out For
It is important to note that Intuitive Machines Inc [NASDAQ:LUNR] has a current ratio of 0.91. As well, the Quick Ratio is 0.91, while the Cash Ratio is 0.4. Considering the valuation of this stock, the price to sales ratio is 3.29.
Transactions by insiders
Recent insider trading involved Ghaffarian Kamal Seyed, Director, that happened on Oct 07 ’24 when 0.13 million shares were sold. Director, Ghaffarian Kamal Seyed completed a deal on Oct 08 ’24 to sell 33080.0 shares. Meanwhile, Director Ghaffarian Kamal Seyed sold 1.01 million shares on Sep 23 ’24.
