In the last trading session, 28.65 million shares of the Intuitive Machines Inc (NASDAQ:LUNR) were traded, and its beta was 1.31. Most recently the company’s share price was $9.22, and it changed around $2.13 or 30.04% from the last close, which brings the market valuation of the company to $1.38B. LUNR currently trades at a discount to its 52-week high of $24.95, offering almost -170.61% off that amount. The share price’s 52-week low was $3.15, which indicates that the current value has risen by an impressive 65.84% since then. We note from Intuitive Machines Inc’s average daily trading volume that its 10-day average is 14.58 million shares, with the 3-month average coming to 15.65 million.
Intuitive Machines Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.75. If we narrow it down even further, the data shows that 0 out of 7 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 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 -0.03 for the current quarter.
Intuitive Machines Inc (NASDAQ:LUNR) trade information
Instantly LUNR has showed a green trend with a performance of 30.04% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 9.35 on recent trading dayincreased the stock’s daily price by 1.39%. The company’s shares are currently down -49.23% year-to-date, but still up 16.56% over the last five days. On the other hand, Intuitive Machines Inc (NASDAQ:LUNR) is -48.99% down in the 30-day period. We can see from the shorts that 18.75 million shares have been sold at a short interest cover period of 1.48 day(s).
The consensus price target as assigned by Wall Street analysts is $16.25, which translates to bulls needing to increase their stock price by 43.26% from its current value. Analyst projections state that LUNR is forecast to be at a low of $12.5 and a high of $20.
Intuitive Machines Inc (LUNR) estimates and forecasts
The year-over-year growth rate is expected to be 44.44%, up from the previous year.
Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 63.94M in revenue for the current quarter. 5 analysts expect Intuitive Machines Inc to make 74.71M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 73.07M and 41.41M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -12.49%. Forecasts for the next quarter put sales growth at 80.41%.
Intuitive Machines Inc (NASDAQ:LUNR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 7.00% of Intuitive Machines Inc shares, and 38.61% of them are in the hands of institutional investors. The stock currently has a share float of 41.51%. Intuitive Machines Inc stock is held by 231.0 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.
