In the last trading session, 23.79 million Intuitive Machines Inc (NASDAQ:LUNR) shares changed hands as the company’s beta touched 0.32. With the company’s per share price at $8.78 changed hands at $0.8 or 10.03% during last session, the market valuation stood at $552.44M. LUNR’s last price was a discount, traded about -50.91% off its 52-week high of $13.25. The share price had its 52-week low at $2.09, which suggests the last value was 76.2% up since then. When we look at Intuitive Machines Inc’s average trading volume, we note the 10-day average is 42.4 million shares, with the 3-month average coming to 13.01 million.
Analysts gave the Intuitive Machines Inc (LUNR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended LUNR as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Intuitive Machines Inc’s EPS for the current quarter is expected to be -0.12.
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Intuitive Machines Inc (NASDAQ:LUNR) trade information
Instantly LUNR was in green as seen at the end of in last trading. With action -4.04%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 243.64%, with the 5-day performance at -4.04% in the red. However, in the 30-day time frame, Intuitive Machines Inc (NASDAQ:LUNR) is 88.01% up. Looking at the short shares, we see there were 12.79 million shares sold at short interest cover period of 0.88 days.
The consensus price target for the stock as assigned by Wall Street analysts is 10.5, meaning bulls need an upside of 16.38% from its current market value. According to analyst projections, LUNR’s forecast low is 10 with 12 as the target high. To hit the forecast high, the stock’s price needs a -36.67% plunge from its current level, while the stock would need to soar -13.9% for it to hit the projected low.
Intuitive Machines Inc (LUNR) estimates and forecasts
Data shows that the Intuitive Machines Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 40.48% over the past 6 months, a -127.03% in annual growth rate that is considerably lower than the industry average of 12.50%. Year-over-year growth is forecast to reach 180.30% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 50.89M. 5 analysts are of the opinion that Intuitive Machines Inc’s revenue for the current quarter will be 57.57M. The company’s revenue for the corresponding quarters a year ago was 12.73M and 30.56M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 299.70%. The estimates for the next quarter sales put growth at 88.40%.
The 2024 estimates are for Intuitive Machines Inc earnings to decrease by -167.07%.
LUNR Dividends
Intuitive Machines Inc is expected to release its next quarterly earnings report in October.
Intuitive Machines Inc (NASDAQ:LUNR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 10.88% of Intuitive Machines Inc shares while 31.02% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 34.80%.
