Intuitive Machines Inc (NASDAQ:LUNR)’s traded shares stood at 9.61 million during the last session, with the company’s beta value hitting 0.90. At the close of trading, the stock’s price was $19.06, to imply a decrease of -0.63% or -$0.12 in intraday trading. The LUNR share’s 52-week high remains $22.32, putting it -17.1% down since that peak but still an impressive 86.99% since price per share fell to its 52-week low of $2.48. The company has a valuation of $2.86B, with an average of 15.16 million shares in intraday trading volume over the past 10 days and average of 17.14 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 1.17. 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 -0.06.
Intuitive Machines Inc (NASDAQ:LUNR) trade information
After registering a -0.63% 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 1.44%, and 63.12% over 30 days. With these gigs, the year-to-date price performance is 4.96%. 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 $12 and $12.5 for target low and target high price respectively. As such, LUNR has been trading 34.42% off suggested target high and 37.04% 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 353.81% up over the last 6 months, with its year-to-date growth rate lower than industry average at -205.41% against 14.50%. The rating firms project that company’s revenue will grow 186.37% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 54.75M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 78.94M.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 79.15% before jumping 8.03% in the following quarter.
LUNR Dividends
Intuitive Machines Inc has its next earnings report out in February. 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, led by CPMG INC. As of 2024-06-30, the company held over 1.24 million shares (or 2.2525% of shares), all amounting to roughly $4.1 million.
The next major institution holding the largest number of shares is GEODE CAPITAL MANAGEMENT, LLC with 0.71 million shares, or about 1.2908% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $2.35 million.
We also have Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Intuitive Machines Inc (LUNR) shares. Going by data provided on Sep 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 1.95 shares. This is just over 2.42% of the total shares, with a market valuation of $37.22 million. Data from the same date shows that the other fund manager holds a little less at 838.47, or 1.04% of the shares, all valued at about 15.98 million.
