Intuitive Machines Inc (NASDAQ:LUNR) Falls -167.07% In 2024; Is It Still Attractive At $7.99?

In last trading session, Intuitive Machines Inc (NASDAQ:LUNR) saw 16.22 million shares changing hands with its beta currently measuring 0.30. Company’s recent per share price level of $7.99 trading at $0.35 or 4.58% at ring of the bell on the day assigns it a market valuation of $502.73M. That closing price of LUNR’s stock is at a discount of -65.83% from its 52-week high price of $13.25 and is indicating a premium of 73.84% from its 52-week low price of $2.09. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 41.59 million shares which gives us an average trading volume of 12.61 million if we extend that period to 3-months.

For Intuitive Machines Inc (LUNR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.12 in the current quarter.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Intuitive Machines Inc (NASDAQ:LUNR) trade information

Upright in the green during last session for gaining 4.58%, in the last five days LUNR remained trading in the green while hitting it’s week-highest on Friday, 09/20/24 when the stock touched $7.99 price level, adding 18.88% to its value on the day. Intuitive Machines Inc’s shares saw a change of 212.72% in year-to-date performance and have moved 6.96% in past 5-day. Intuitive Machines Inc (NASDAQ:LUNR) showed a performance of 52.19% in past 30-days. Number of shares sold short was 13.42 million shares which calculate 1.21 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 10.5 to the stock, which implies a rise of 23.9% to its current value. Analysts have been projecting 10 as a low price target for the stock while placing it at a high target of 12. It follows that stock’s current price would drop -25.16% in reaching the projected high whereas dropping to the targeted low would mean a loss of -25.16% for stock’s current value.

Intuitive Machines Inc (LUNR) estimates and forecasts

Statistics highlight that Intuitive Machines Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 12.06% of value to its shares in past 6 months, showing an annual growth rate of -127.03% while that of industry is 12.50. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 180.30% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 50.89M for the same. And 5 analysts are in estimates of company making revenue of 57.57M in the next quarter. Company posted 12.73M and 30.56M of sales in current and next quarters respectively a year earlier.

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

Insiders are in possession of 10.88% of company’s total shares while institution are holding 31.02 percent of that, with stock having share float percentage of 34.80%. Investors also watch the number of corporate investors in a company very closely, which is 31.02% institutions for Intuitive Machines Inc that are currently holding shares of the company.