Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
Inmode Ltd (NASDAQ: INMD) closed the day trading at $15.46 up 6.77% from the previous closing price of $14.48. In other words, the price has increased by $6.77 from its previous closing price. On the day, 4.1 million shares were traded. INMD stock price reached its highest trading level at $15.82 during the session, while it also had its lowest trading level at $14.22.
Ratios:
For a better understanding of INMD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.15. For the most recent quarter (mrq), Quick Ratio is recorded 9.16 and its Current Ratio is at 10.23. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 this company, BTIG Research on October 17, 2024, initiated with a Buy rating and assigned the stock a target price of $25.
On July 23, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $21 to $19.
UBS Downgraded its Buy to Neutral on November 03, 2023, whereas the target price for the stock was revised from $52 to $24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INMD now has a Market Capitalization of 1049251648 and an Enterprise Value of 504116704. As of this moment, Inmode’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.61, and their Forward P/E ratio for the next fiscal year is 7.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.72 while its Price-to-Book (P/B) ratio in mrq is 1.53. Its current Enterprise Value per Revenue stands at 1.277 whereas that against EBITDA is 4.451.
Stock Price History:
The Beta on a monthly basis for INMD is 1.95, which has changed by -0.16296697 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, INMD has reached a high of $19.85, while it has fallen to a 52-week low of $14.32. The 50-Day Moving Average of the stock is -14.93%, while the 200-Day Moving Average is calculated to be -11.64%.
Shares Statistics:
Over the past 3-months, INMD traded about 1.16M shares per day on average, while over the past 10 days, INMD traded about 2101520 shares per day. A total of 69.56M shares are outstanding, with a floating share count of 58.28M. Insiders hold about 16.22% of the company’s shares, while institutions hold 61.99% stake in the company. Shares short for INMD as of 1741910400 were 6336912 with a Short Ratio of 5.45, compared to 1739491200 on 6133498. Therefore, it implies a Short% of Shares Outstanding of 6336912 and a Short% of Float of 10.09.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
