At the time of writing, Inogen Inc [INGN] stock is trading at $7.09, up 0.71%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The INGN shares have lost -0.56% over the last week, with a monthly amount drifted -8.63%, and not 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.
For the past year, the stock price of Inogen Inc fluctuated between $6.14 and $13.33. Currently, Wall Street analysts expect the stock to reach $26 within the next 12 months. Inogen Inc [NASDAQ: INGN] shares were valued at $7.09 at the most recent close of the market. An investor can expect a potential return of 266.71% based on the average INGN price forecast.
Analyzing the INGN fundamentals
According to Inogen Inc [NASDAQ:INGN], the company’s sales were 335.70M for trailing twelve months, which represents an 5.51% jump. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at -0.12%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.11%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.19 and Total Capital is -0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.11.
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 6.63 points at the first support level, and at 6.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.46, and for the 2nd resistance point, it is at 7.82.
Ratios To Look Out For
It is important to note that Inogen Inc [NASDAQ:INGN] has a current ratio of 2.42. In addition, the Quick Ratio stands at 2.09 and the Cash Ratio stands at 1.48. Considering the valuation of this stock, the price to sales ratio is 0.56, the price to book ratio is 0.97.
Transactions by insiders
Recent insider trading involved Bourque Michael J., EVP, CFO & Treasurer, that happened on Mar 03 ’25 when 3000.0 shares were purchased. CEO and President, Smith Kevin Raymond Merrill completed a deal on Mar 03 ’25 to buy 11709.0 shares. Meanwhile, Officer JASON SOMER bought 4690.0 shares on Aug 09 ’24.
