In the last trading session, 11.0 million Intuitive Machines Inc (NASDAQ:LUNR) shares changed hands as the company’s beta touched 0.92. With the company’s per share price at $21.70 changed hands at $0.02 or 0.09% during last session, the market valuation stood at $3.25B. LUNR’s last price was a discount, traded about -14.98% off its 52-week high of $24.95. The share price had its 52-week low at $3.15, which suggests the last value was 85.48% up since then. When we look at Intuitive Machines Inc’s average trading volume, we note the 10-day average is 14.97 million shares, with the 3-month average coming to 18.00 million.
Analysts gave the Intuitive Machines Inc (LUNR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.17. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended LUNR as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Intuitive Machines Inc’s EPS for the current quarter is expected to be -0.06.
Intuitive Machines Inc (NASDAQ:LUNR) trade information
Instantly LUNR was in green as seen at the end of in last trading. With action 2.65%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 19.49%, with the 5-day performance at 2.65% in the green. However, in the 30-day time frame, Intuitive Machines Inc (NASDAQ:LUNR) is 19.49% up. Looking at the short shares, we see there were 17.39 million shares sold at short interest cover period of 1.72 days.
The consensus price target for the stock as assigned by Wall Street analysts is 12.25, meaning bulls need a downside of -77.14% from its current market value. According to analyst projections, LUNR’s forecast low is 12 with 12.5 as the target high. To hit the forecast high, the stock’s price needs a 42.4% surge from its current level, while the stock would need to tank 44.7% for it to hit the projected low.
Intuitive Machines Inc (LUNR) estimates and forecasts
Data shows that the Intuitive Machines Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 474.07% over the past 6 months, a -205.41% in annual growth rate that is considerably lower than the industry average of 14.70%. Year-over-year growth is forecast to reach 186.37% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 54.75M. 4 analysts are of the opinion that Intuitive Machines Inc’s revenue for the current quarter will be 78.94M. The company’s revenue for the corresponding quarters a year ago was 30.56M and 73.07M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 79.15%. The estimates for the next quarter sales put growth at 8.03%.
The 2025 estimates are for Intuitive Machines Inc earnings to decrease by -192.28%.
LUNR Dividends
Intuitive Machines Inc is expected to release its next quarterly earnings report in March.
Intuitive Machines Inc (NASDAQ:LUNR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 10.79% of Intuitive Machines Inc shares while 34.91% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 39.14%. There are 34.91% institutions holding the Intuitive Machines Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 5.1346% of the shares, roughly 2.83 million LUNR shares worth $9.34 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 4.4703% or 2.46 million shares worth $8.13 million as of 2024-06-30.