In today’s recent session, 3.37 million shares of the Intuitive Machines Inc (NASDAQ:LUNR) have been traded, and its beta is 0.94. Most recently the company’s share price was $19.42, and it changed around $1.02 or 5.54% from the last close, which brings the market valuation of the company to $2.91B. LUNR at last check was trading at a discount to its 52-week high of $24.95, offering almost -28.48% off that amount. The share price’s 52-week low was $3.15, which indicates that the recent value has risen by an impressive 83.78% since then. We note from Intuitive Machines Inc’s average daily trading volume that its 10-day average is 12.09 million shares, with the 3-month average coming to 17.93 million.
Intuitive Machines Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.57. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended LUNR as a Hold, whereas 4 deemed it a Buy, and 1 rated it as Underweight. Intuitive Machines Inc is expected to report earnings per share of -0.08 for the current quarter.
Intuitive Machines Inc (NASDAQ:LUNR) trade information
Instantly LUNR has been showing a green trend so far today with a performance of 5.54% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 22.27 on recent trading dayincreased the stock’s daily price by 12.8%. The company’s shares are currently up 6.94% year-to-date, but still down -10.51% over the last five days. On the other hand, Intuitive Machines Inc (NASDAQ:LUNR) is 3.35% up in the 30-day period. We can see from the shorts that 17.39 million shares have been sold at a short interest cover period of 1.72 day(s).
The consensus price target as assigned by Wall Street analysts is $12.25, which translates to bulls needing to decrease their stock price by -58.53% from its current value. Analyst projections state that LUNR is forecast to be at a low of $12 and a high of $12.5.
Intuitive Machines Inc (LUNR) estimates and forecasts
The year-over-year growth rate is expected to be 187.89%, up from the previous year.
Consensus estimates provided by 6 financial analysts predict the company will bring in an average of 55.9M in revenue for the current quarter. 5 analysts expect Intuitive Machines Inc to make 78.28M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 30.56M and 73.07M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 82.92%. Forecasts for the next quarter put sales growth at 7.14%.
LUNR Dividends
Intuitive Machines Inc’s next quarterly earnings report is expected to be released in March.
Intuitive Machines Inc (NASDAQ:LUNR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 10.79% of Intuitive Machines Inc shares, and 34.91% of them are in the hands of institutional investors. The stock currently has a share float of 39.14%. Intuitive Machines Inc stock is held by 155.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 5.1346% of the shares, which is about 2.83 million shares worth $9.34 million.
BLACKROCK INC., with 4.4703% or 2.46 million shares worth $8.13 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Sep 30, 2024. The former held 1.95 shares worth $37.51 million, making up 2.42% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 850.54 shares worth around $16.34 million, which represents about 1.05% of the total shares outstanding.
