Intuitive Machines Inc. (LUNR) Is Down -12.24%, As Bears Mark A Loss

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Intuitive Machines Inc (NASDAQ:LUNR) has a beta value of 0.27 and has seen 27.58 million shares traded in the last trading session. The company, currently valued at $505.25M, closed the last trade at $8.03 per share which meant it lost -$1.12 on the day or -12.24% during that session. The LUNR stock price is -65.01% off its 52-week high price of $13.25 and 73.97% above the 52-week low of $2.09. If we look at the company’s 10-day average daily trading volume, we find that it stood at 39.63 million shares traded. The 3-month trading volume is 11.99 million shares.

The consensus among analysts is that Intuitive Machines Inc (LUNR) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.12.

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Intuitive Machines Inc (NASDAQ:LUNR) trade information

Sporting -12.24% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the LUNR stock price touched $8.03 or saw a rise of 18.48%. Year-to-date, Intuitive Machines Inc shares have moved 214.29%, while the 5-day performance has seen it change 40.38%. Over the past 30 days, the shares of Intuitive Machines Inc (NASDAQ:LUNR) have changed 50.94%. Short interest in the company has seen 13.42 million shares shorted with days to cover at 1.21.

Wall Street analysts have a consensus price target for the stock at $10.5, which means that the shares’ value could jump 23.52% from current levels. The projected low price target is $10.0 while the price target rests at a high of $12.0. In that case, then, we find that the current price level is -49.44% off the targeted high while a plunge would see the stock gain -24.53% from current levels.

Intuitive Machines Inc (LUNR) estimates and forecasts

Figures show that Intuitive Machines Inc shares have underperformed across the wider relevant industry. The company’s shares have gained 25.47% over the past 6 months, with this year growth rate of -127.03%, compared to 12.30% for the industry. Revenue growth from the last financial year stood is estimated to be 180.30%.

5 analysts offering their estimates for the company have set an average revenue estimate of 50.89M for the current quarter. 5 have an estimated revenue figure of 57.57M for the next ending quarter. Year-ago sales stood 12.73M and 30.56M respectively for this quarter and the next, and analysts expect sales will grow by 299.70% for the current quarter and 180.30% for the next.

LUNR Dividends

Intuitive Machines Inc is expected to release its next earnings report on 2024-Aug-13 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Intuitive Machines Inc (NASDAQ:LUNR)’s Major holders

Insiders own 12.30% of the company shares, while shares held by institutions stand at 31.02% with a share float percentage of 35.37%. Investors are also buoyed by the number of investors in a company, with Intuitive Machines Inc having a total of 114.0 institutions that hold shares in the company.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . As of Jun 30, 2024 , the former fund manager holds about 3.10% shares in the company for having 1.95 shares of worth $15.68 million while later fund manager owns 794.02 shares of worth $6.38 million as of Aug 31, 2024 , which makes it owner of about 1.26% of company’s outstanding stock.