Currently, Inogen Inc [INGN] is trading at $10.47, down -0.48%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The INGN shares have gain 9.63% over the last week, with a monthly amount glided 16.98%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Inogen Inc [NASDAQ: INGN] stock has seen the most recent analyst activity on February 15, 2024, when William Blair upgraded its rating to a Outperform. Previously, JP Morgan downgraded its rating to Neutral on August 08, 2023, and dropped its price target to $8. On July 14, 2023, downgrade downgraded it’s rating to Hold. William Blair downgraded its rating to a Mkt Perform. Needham upgraded its rating to a Buy but $47 remained the price target by the analyst firm on December 09, 2021. JP Morgan upgraded its rating to Neutral for this stock on November 02, 2021, but kept the price target unchanged to $45. In a note dated August 05, 2021, KeyBanc Capital Markets downgraded an Sector Weight rating on this stock.
This stock has fluctuated between a low of $5.08 and a high of $13.33 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $26 within the next 12 months. Inogen Inc [NASDAQ: INGN] shares were valued at $10.47 at the most recent close of the market. An investor can expect a potential return of 148.33% based on the average INGN price forecast.
Analyzing the INGN fundamentals
Trailing Twelve Months sales for Inogen Inc [NASDAQ:INGN] were 331.52M which represents 5.80% growth. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at -0.16%, Pretax Profit Margin comes in at -0.16%, and Net Profit Margin reading is -0.16%. To continue investigating profitability, this company’s Return on Assets is posted at -0.17, Equity is -0.27 and Total Capital is -0.22. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.11.
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 10.21 points at the first support level, and at 9.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.80, and for the 2nd resistance point, it is at 11.13.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Inogen Inc [NASDAQ:INGN] is 2.66. Also, the Quick Ratio is 2.34, while the Cash Ratio stands at 1.46. Considering the valuation of this stock, the price to sales ratio is 0.75, the price to book ratio is 1.35.
Transactions by insiders
Recent insider trading involved JASON SOMER, Officer, that happened on Aug 09 ’24 when 4690.0 shares were purchased. EVP, Gen. Counsel & Secretary, Somer Jason completed a deal on May 10 ’24 to sell 10000.0 shares.
