In the last trading session, 12.77 million Intuitive Machines Inc (NASDAQ:LUNR) shares changed hands as the company’s beta touched 0.91. With the company’s per share price at $18.08 changed hands at -$1.64 or -8.34% during last session, the market valuation stood at $2.71B. LUNR’s last price was a discount, traded about -38.0% 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 82.58% up since then.
Analysts gave the Intuitive Machines Inc (LUNR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.57. 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 -0.08.
Intuitive Machines Inc (NASDAQ:LUNR) trade information
Instantly LUNR was in red as seen at the end of in last trading. With action -5.66%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -0.47%, with the 5-day performance at -5.66% in the red. However, in the 30-day time frame, Intuitive Machines Inc (NASDAQ:LUNR) is -19.49% down.
The consensus price target for the stock as assigned by Wall Street analysts is 12.25, meaning bulls need a downside of -47.59% 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 30.86% surge from its current level, while the stock would need to tank 33.63% for it to hit the projected low.
Intuitive Machines Inc (LUNR) estimates and forecasts
Year-over-year growth is forecast to reach 187.89% up from the last financial year.
Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 55.9M. 5 analysts are of the opinion that Intuitive Machines Inc’s revenue for the current quarter will be 78.28M. 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 82.92%. The estimates for the next quarter sales put growth at 7.14%.
The 2025 estimates are for Intuitive Machines Inc earnings to decrease by -191.73%.
Intuitive Machines Inc (NASDAQ:LUNR)’s Major holders
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.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. With 1.95 shares estimated at $35.3 million under it, the former controlled 2.42% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 1.05% of the shares, roughly 850.54 shares worth around $15.37 million.
