At the time of writing, Identiv Inc [INVE] stock is trading at $3.84, up 10.34%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The INVE shares have gain 11.63% over the last week, with a monthly amount glided 13.95%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Identiv Inc [NASDAQ: INVE] stock has seen the most recent analyst activity on June 26, 2023, when B. Riley Securities upgraded its rating to a Buy and also boosted its price target to $11 from $10. Previously, Northland Capital downgraded its rating to Market Perform on November 03, 2022. On November 03, 2022, downgrade downgraded it’s rating to Neutral and revised its price target to $12 on the stock. Craig Hallum started tracking the stock assigning a Buy rating and suggested a price target of $20 on April 25, 2022. B. Riley Securities initiated its recommendation with a Buy and recommended $21 as its price target on April 13, 2021. Imperial Capital reiterated a Outperform rating for this stock on March 16, 2020, and downed its price target to $7. In a note dated February 05, 2020, Imperial Capital reiterated an Outperform rating on this stock and revised its target price from $9 to $8.
For the past year, the stock price of Identiv Inc fluctuated between $2.86 and $4.07. Currently, Wall Street analysts expect the stock to reach $5 within the next 12 months. Identiv Inc [NASDAQ: INVE] shares were valued at $3.84 at the most recent close of the market. An investor can expect a potential return of 30.21% based on the average INVE price forecast.
Analyzing the INVE fundamentals
According to Identiv Inc [NASDAQ:INVE], the company’s sales were 22.02M for trailing twelve months, which represents an -23.32% plunge. Gross Profit Margin for this corporation currently stands at -0.05% with Operating Profit Margin at -1.19%, Pretax Profit Margin comes in at -1.03%, and Net Profit Margin reading is 3.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.49, Equity is 0.49 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 0.01.
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 3.57 points at the first support level, and at 3.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.98, and for the 2nd resistance point, it is at 4.11.
Ratios To Look Out For
It is important to note that Identiv Inc [NASDAQ:INVE] has a current ratio of 21.08. Also, the Quick Ratio is 20.20, while the Cash Ratio stands at 19.47. Considering the valuation of this stock, the price to sales ratio is 4.14, the price to book ratio is 0.63.
Transactions by insiders
Recent insider trading involved Scarpulla Justin, Chief Financial Officer, that happened on Mar 14 ’25 when 6565.0 shares were purchased. Chief Executive Officer, Newquist Kirsten F. completed a deal on Mar 13 ’25 to buy 19000.0 shares.
