Inseego Corp [INSG] stock is trading at $8.55, up 3.76%. An important factor to consider is whether the stock is rising or falling in short-term value. The INSG shares have gain 14.15% over the last week, with a monthly amount glided 10.04%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Inseego Corp [NASDAQ: INSG] stock has seen the most recent analyst activity on November 14, 2024, when ROTH MKM upgraded its rating to a Buy and also boosted its price target to $15 from $13. On March 02, 2022, upgrade upgraded it’s rating to Buy and revised its price target to $7 on the stock. Stifel downgraded its rating to a Hold but stick to its price target of $13 on March 02, 2021. Lake Street downgraded its rating to a Hold and reduced its price target to $13 on March 02, 2021. Canaccord Genuity downgraded its rating to Hold for this stock on March 02, 2021. In a note dated August 06, 2020, ROTH Capital downgraded an Neutral rating on this stock.
Inseego Corp [INSG] stock has fluctuated between $6.24 and $20.67 over the past year. Currently, Wall Street analysts expect the stock to reach $17 within the next 12 months. Inseego Corp [NASDAQ: INSG] shares were valued at $8.55 at the most recent close of the market. An investor can expect a potential return of 98.83% based on the average INSG price forecast.
Analyzing the INSG fundamentals
Inseego Corp [NASDAQ:INSG] reported sales of 192.94M for the trailing twelve months, which represents a drop of -29.63%. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is -0.12 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-4.54.
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 8.25 points at the first support level, and at 7.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.71, and for the 2nd resistance point, it is at 8.87.
Ratios To Look Out For
For context, Inseego Corp’s Current Ratio is 1.12. On the other hand, the Quick Ratio is 0.86, and the Cash Ratio is 0.6. Considering the valuation of this stock, the price to sales ratio is 0.67 and price to earnings (TTM) ratio is 25.31.
Transactions by insiders
Recent insider trading involved Sarvikas Juho, CEO, that happened on Mar 03 ’25 when 10000.0 shares were purchased. Executive Chairman, BRACE PHILIP G completed a deal on Nov 15 ’24 to buy 10000.0 shares.
