During the last session, Intuitive Machines Inc (NASDAQ:LUNR)’s traded shares were 8.31 million, with the beta value of the company hitting 0.34. At the end of the trading day, the stock’s price was $7.80, reflecting an intraday loss of -0.76% or -$0.06. The 52-week high for the LUNR share is $13.25, that puts it down -69.87 from that peak though still a striking 73.21% gain since the share price plummeted to a 52-week low of $2.09. The company’s market capitalization is $1.00B, and the average intraday trading volume over the past 10 days was 10.18 million shares, and the average trade volume was 15.63 million shares over the past three months.
Intuitive Machines Inc (LUNR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. LUNR has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.12.
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Intuitive Machines Inc (NASDAQ:LUNR) trade information
Intuitive Machines Inc (LUNR) registered a -0.76% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.76% in intraday trading to $7.80, hitting a weekly high. The stock’s 5-day price performance is -1.52%, and it has moved by 6.12% in 30 days. Based on these gigs, the overall price performance for the year is 160.87%. The short interest in Intuitive Machines Inc (NASDAQ:LUNR) is 18.3 million shares and it means that shorts have 0.74 day(s) to cover.
The consensus price target of analysts on Wall Street is $10.5, which implies an increase of 25.71% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $10 and $12 respectively. As a result, LUNR is trading at a discount of -53.85% off the target high and -28.21% off the low.
Intuitive Machines Inc (LUNR) estimates and forecasts
Statistics show that Intuitive Machines Inc has underperformed its competitors in share price, compared to the industry in which it operates. Intuitive Machines Inc (LUNR) shares have gone up 51.16% during the last six months, with a year-to-date growth rate less than the industry average at -127.03% against 10.90. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -109.30% this quarter and then drop -125.00% in the quarter after that. In the rating firms’ projections, revenue will increase 180.30% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 50.89M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 57.57M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 12.73M and 30.56M respectively. In this case, analysts expect current quarter sales to grow by 299.70% and then jump by 88.40% in the coming quarter.
While earnings are projected to return -167.07% in 2024.
LUNR Dividends
Intuitive Machines Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Intuitive Machines Inc (NASDAQ:LUNR)’s Major holders
Intuitive Machines Inc insiders own 10.88% of total outstanding shares while institutional holders control 31.26%, with the float percentage being 35.07%.
