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The closing price of Innoviz Technologies Ltd (NASDAQ: INVZ) was $0.95 for the day, down -5.94% from the previous closing price of $1.01. In other words, the price has decreased by -$5.94 from its previous closing price. On the day, 15.03 million shares were traded. INVZ stock price reached its highest trading level at $1.17 during the session, while it also had its lowest trading level at $0.87.
Ratios:
Our analysis of INVZ’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.23 and its Current Ratio is at 4.30. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.22.
Goldman Downgraded its Buy to Neutral on July 11, 2024, whereas the target price for the stock was revised from $2.25 to $1.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 24 ’24 when Cegla Eldar Mordechay bought 10,000 shares for $1.53 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INVZ now has a Market Capitalization of 189013904 and an Enterprise Value of 119160800. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.79 while its Price-to-Book (P/B) ratio in mrq is 2.04. Its current Enterprise Value per Revenue stands at 3.444 whereas that against EBITDA is -1.551.
Stock Price History:
The Beta on a monthly basis for INVZ is 0.99, which has changed by -0.1810345 over the last 52 weeks, in comparison to a change of 0.11241627 over the same period for the S&P500. Over the past 52 weeks, INVZ has reached a high of $3.14, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is 37.83%, while the 200-Day Moving Average is calculated to be 8.35%.
Shares Statistics:
INVZ traded an average of 5.05M shares per day over the past three months and 4234490 shares per day over the past ten days. A total of 198.96M shares are outstanding, with a floating share count of 198.96M. Insiders hold about 0.00% of the company’s shares, while institutions hold 31.72% stake in the company. Shares short for INVZ as of 1745971200 were 21176750 with a Short Ratio of 4.19, compared to 1743379200 on 23560663. Therefore, it implies a Short% of Shares Outstanding of 21176750 and a Short% of Float of 10.870000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
A comprehensive evaluation of Innoviz Technologies Ltd (INVZ) is underway, with the input of 4.0 analysts contributing to its current rating.The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.07 and low estimates of -$0.12.
Analysts are recommending an EPS of between -$0.29 and -$0.46 for the fiscal current year, implying an average EPS of -$0.37. EPS for the following year is -$0.34, with 3.0 analysts recommending between -$0.33 and -$0.35.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $12M to a low estimate of $9M. As of the current estimate, Innoviz Technologies Ltd’s year-ago sales were $6.66MFor the next quarter, 4 analysts are estimating revenue of $13.25M. There is a high estimate of $14M for the next quarter, whereas the lowest estimate is $12M.
A total of 4 analysts have provided revenue estimates for INVZ’s current fiscal year. The highest revenue estimate was $59.65M, while the lowest revenue estimate was $50M, resulting in an average revenue estimate of $54.66M. In the same quarter a year ago, actual revenue was $24.27MBased on 3 analysts’ estimates, the company’s revenue will be $152.1M in the next fiscal year. The high estimate is $180M and the low estimate is $101M.
