The $12.07 Value Of Intuitive Machines Inc (NASDAQ: LUNR) Should Not Be Underestimated

During the last session, Intuitive Machines Inc (NASDAQ:LUNR)’s traded shares were 12.66 million, with the beta value of the company hitting 0.54. At the end of the trading day, the stock’s price was $12.07, reflecting an intraday loss of -3.90% or -$0.49. The 52-week high for the LUNR share is $14.90, that puts it down -23.45 from that peak though still a striking 82.68% gain since the share price plummeted to a 52-week low of $2.09. The company’s market capitalization is $1.70B, and the average intraday trading volume over the past 10 days was 28.64 million shares, and the average trade volume was 19.82 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 1.17. 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 -0.06.

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Intuitive Machines Inc (NASDAQ:LUNR) trade information

Intuitive Machines Inc (LUNR) registered a -3.90% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -3.90% in intraday trading to $12.07, hitting a weekly high. The stock’s 5-day price performance is 2.64%, and it has moved by 40.68% in 30 days. Based on these gigs, the overall price performance for the year is 305.03%. The short interest in Intuitive Machines Inc (NASDAQ:LUNR) is 17.39 million shares and it means that shorts have 1.72 day(s) to cover.

The consensus price target of analysts on Wall Street is $11, which implies a decrease of -9.73% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $10 and $12.5 respectively. As a result, LUNR is trading at a discount of -3.56% off the target high and 17.15% 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 138.54% during the last six months, with a year-to-date growth rate less than the industry average at -209.46% against 12.40. In the rating firms’ projections, revenue will increase 186.37% 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 54.75M as predicted by 5 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 78.94M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 30.56M and 73.07M respectively. In this case, analysts expect current quarter sales to grow by 79.15% and then jump by 8.03% in the coming quarter.

While earnings are projected to return -192.89% 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 10.79% of total outstanding shares while institutional holders control 34.91%, with the float percentage being 39.14%.