Inotiv Inc (NASDAQ:NOTV)’s traded shares stood at 0.27 million during the last session, with the company’s beta value hitting 4.00. At the close of trading, the stock’s price was $2.09, to imply an increase of 3.21% or $0.06 in intraday trading. The NOTV share’s 52-week high remains $6.48, putting it -210.05% down since that peak but still an impressive 44.98% since price per share fell to its 52-week low of $1.15. The company has a valuation of $71.79M, with an average of 0.55 million shares in intraday trading volume over the past 10 days and average of 806.46K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Inotiv Inc (NOTV), translating to a mean rating of 1.67. Of 15 analyst(s) looking at the stock, 0 analyst(s) give NOTV a Sell rating. 0 of those analysts rate the stock as Overweight while 7 advise Hold as 8 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 -0.15.
Inotiv Inc (NASDAQ:NOTV) trade information
After registering a 3.21% upside in the last session, Inotiv Inc (NOTV) has traded red over the past five days. The 5-day price performance for the stock is 13.59%, and -29.39% over 30 days. With these gigs, the year-to-date price performance is 31.45%. Short interest in Inotiv Inc (NASDAQ:NOTV) saw shorts transact 2.97 million shares and set a 3.87 days time to cover.
The extremes give us $6 and $10 for target low and target high price respectively. As such, NOTV has been trading -378.47% off suggested target high and -187.08% from its likely low.
Inotiv Inc (NOTV) estimates and forecasts
The rating firms project that company’s revenue will grow 2.94% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 127.05M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 133.9M.Earnings reports from the last fiscal year show that sales brought in 105.79M and 130.42M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 20.10% before jumping 2.67% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -122.90% for the past 5-year period. While 2025 is set for a 56.95% return in earnings, projections for the next 5 years are at 77.23% annually.
NOTV Dividends
Inotiv Inc has its next earnings report out on 2025-May-07. 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.
Inotiv Inc (NASDAQ:NOTV)’s Major holders
Inotiv Inc insiders hold 11.32% of total outstanding shares, with institutional holders owning 23.80% of the shares at 26.84% float percentage. In total, 23.80% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 1.05 million shares (or 4.0496% of shares), all amounting to roughly $1.75 million.
The next major institution holding the largest number of shares is AMERICAN CENTURY COMPANIES INC with 0.3 million shares, or about 1.1372% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.49 million.
We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Inotiv Inc (NOTV) shares. Going by data provided on Mar 31, 2025, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 858.28 shares. This is just over 2.50% of the total shares, with a market valuation of $1.79 million. Data from the same date shows that the other fund manager holds a little less at 404.31, or 1.18% of the shares, all valued at about 0.85 million.
