Intuitive Machines Inc (NASDAQ:LUNR) 9.42% Up Over A Week, Can The Stock Hit Well Above $1.10?

In last trading session, Intuitive Machines Inc (NASDAQ:LUNR) saw 13.89 million shares changing hands with its beta currently measuring 1.01. Company’s recent per share price level of $12.78 trading at -$0.37 or -2.81% at ring of the bell on the day assigns it a market valuation of $1.92B. That closing price of LUNR’s stock is at a discount of -34.12% from its 52-week high price of $17.14 and is indicating a premium of 83.65% 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 13.15 million shares which gives us an average trading volume of 17.79 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 1.17. 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 -0.06 in the current quarter.

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Intuitive Machines Inc (NASDAQ:LUNR) trade information

Upright in the red during last session for losing -2.81%, in the last five days LUNR remained trading in the green while hitting it’s week-highest on Wednesday, 12/18/24 when the stock touched $12.78 price level, adding 14.74% to its value on the day. Intuitive Machines Inc’s shares saw a change of 400.20% in year-to-date performance and have moved 9.42% in past 5-day. Intuitive Machines Inc (NASDAQ:LUNR) showed a performance of 1.75% in past 30-days. Number of shares sold short was 17.39 million shares which calculate 1.72 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 12.25 to the stock, which implies a fall of -4.33% to its current value. Analysts have been projecting 12 as a low price target for the stock while placing it at a high target of 12.5. It follows that stock’s current price would jump 6.1% in reaching the projected high whereas dropping to the targeted low would mean a gain of 6.1% 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 249.18% of value to its shares in past 6 months, showing an annual growth rate of -205.41% while that of industry is 14.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 186.37% 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 54.75M for the same. And 4 analysts are in estimates of company making revenue of 78.94M in the next quarter. Company posted 30.56M and 73.07M of sales in current and next quarters respectively a year earlier.

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

Insiders are in possession of 10.79% of company’s total shares while institution are holding 34.91 percent of that, with stock having share float percentage of 39.14%. Investors also watch the number of corporate investors in a company very closely, which is 34.91% institutions for Intuitive Machines Inc that are currently holding shares of the company.