Intuitive Machines Inc (NASDAQ: LUNR) Has Decreased By 236.51 Percent This Year. Is It A Better Buy Than Others?

Intuitive Machines Inc (NASDAQ:LUNR)’s traded shares stood at 62.5 million during the last session, with the company’s beta value hitting 0.57. At the close of trading, the stock’s price was $10.23, to imply a decrease of -13.01% or -$1.53 in intraday trading. The LUNR share’s 52-week high remains $13.25, putting it -29.52% down since that peak but still an impressive 79.57% since price per share fell to its 52-week low of $2.09. The company has a valuation of $1.32B, with an average of 15.72 million shares in intraday trading volume over the past 10 days and average of 17.67 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Intuitive Machines Inc (LUNR), translating to a mean rating of 1.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give LUNR a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.01.

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Intuitive Machines Inc (NASDAQ:LUNR) trade information

After registering a -13.01% downside in the last session, Intuitive Machines Inc (LUNR) has traded red over the past five days. The 5-day price performance for the stock is 7.46%, and 22.22% over 30 days. With these gigs, the year-to-date price performance is 300.39%. Short interest in Intuitive Machines Inc (NASDAQ:LUNR) saw shorts transact 17.39 million shares and set a 1.72 days time to cover.

The extremes give us $10 and $12 for target low and target high price respectively. As such, LUNR has been trading -17.3% off suggested target high and 2.25% from its likely low.

Intuitive Machines Inc (LUNR) estimates and forecasts

Looking at statistics comparing Intuitive Machines Inc share performance against respective industry, we note that the company has underperformed competitors. Intuitive Machines Inc (LUNR) shares are 92.66% up over the last 6 months, with its year-to-date growth rate lower than industry average at -127.03% against 12.90%. The rating firms project that company’s revenue will grow 180.32% compared to the previous financial year.

Revenue forecast for the current quarter as set by 5 analysts is 57.57M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 83.8M.Earnings reports from the last fiscal year show that sales brought in 30.56M and 73.07M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 88.38% before jumping 14.69% in the following quarter.

LUNR Dividends

Intuitive Machines Inc has its next earnings report out in December. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

Intuitive Machines Inc insiders hold 10.79% of total outstanding shares, with institutional holders owning 34.91% of the shares at 39.14% float percentage. In total, 34.91% institutions holds shares in the company.