Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Inotiv Inc (NASDAQ: NOTV) closed the day trading at $1.41 down -49.82% from the previous closing price of $2.81. In other words, the price has decreased by -$49.82 from its previous closing price. On the day, 2.19 million shares were traded. NOTV stock price reached its highest trading level at $2.71 during the session, while it also had its lowest trading level at $1.15.
Ratios:
For a better understanding of NOTV, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 2.63 whereas as Long-Term Debt/Eq ratio is at 2.56.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on May 14, 2024, Downgraded its rating to Hold and sets its target price to $3.75 from $11.50 previously.
On February 09, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $3 to $11.50.
On July 20, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $9.Wells Fargo initiated its Overweight rating on July 20, 2023, with a $9 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 01 ’25 when Coelho Mary Theresa sold 5,500 shares for $2.35 per share. The transaction valued at 12,916 led to the insider holds 74,303 shares of the business.
Coelho Mary Theresa bought 5,500 shares of NOTV for $15,565 on Apr 01 ’25. On Feb 18 ’25, another insider, Freeman Jeffrey Brennan, who serves as the VP-Finance & Corp. Controller of the company, sold 1,339 shares for $4.04 each. As a result, the insider received 5,416 and left with 27,478 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NOTV now has a Market Capitalization of 47755712 and an Enterprise Value of 488657792. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 0.28. Its current Enterprise Value per Revenue stands at 1.029 whereas that against EBITDA is -110.282.
Stock Price History:
The Beta on a monthly basis for NOTV is 3.93, which has changed by -0.76342285 over the last 52 weeks, in comparison to a change of 0.028231144 over the same period for the S&P500. Over the past 52 weeks, NOTV has reached a high of $7.40, while it has fallen to a 52-week low of $1.23. The 50-Day Moving Average of the stock is -55.54%, while the 200-Day Moving Average is calculated to be -48.49%.
Shares Statistics:
Over the past 3-months, NOTV traded about 655.48K shares per day on average, while over the past 10 days, NOTV traded about 972250 shares per day. A total of 33.72M shares are outstanding, with a floating share count of 29.17M. Insiders hold about 13.87% of the company’s shares, while institutions hold 25.87% stake in the company. Shares short for NOTV as of 1741910400 were 1865541 with a Short Ratio of 3.21, compared to 1739491200 on 1937551. Therefore, it implies a Short% of Shares Outstanding of 1865541 and a Short% of Float of 5.88.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
At present, 1.0 analysts are actively evaluating the performance of Inotiv Inc (NOTV) in the stock market.The consensus estimate for the next quarter is -$0.13, with high estimates of -$0.13 and low estimates of -$0.13.
Analysts are recommending an EPS of between -$0.81 and -$0.81 for the fiscal current year, implying an average EPS of -$0.81. EPS for the following year is -$0.31, with 1.0 analysts recommending between -$0.31 and -$0.31.
Revenue Estimates
3 analysts predict $124.28M in revenue for the current quarter. It ranges from a high estimate of $127.5M to a low estimate of $121.18M. As of the current estimate, Inotiv Inc’s year-ago sales were $119.03MFor the next quarter, 3 analysts are estimating revenue of $129.19M. There is a high estimate of $132.2M for the next quarter, whereas the lowest estimate is $125.14M.
A total of 3 analysts have provided revenue estimates for NOTV’s current fiscal year. The highest revenue estimate was $521.8M, while the lowest revenue estimate was $497.95M, resulting in an average revenue estimate of $510.31M. In the same quarter a year ago, actual revenue was $490.74MBased on 3 analysts’ estimates, the company’s revenue will be $539.62M in the next fiscal year. The high estimate is $553.1M and the low estimate is $528.18M.
