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The price of Innodata Inc (NASDAQ: INOD) closed at $18.69 in the last session, up 9.55% from day before closing price of $17.06. In other words, the price has increased by $9.55 from its previous closing price. On the day, 0.61 million shares were traded. INOD stock price reached its highest trading level at $18.69 during the session, while it also had its lowest trading level at $17.01.
Ratios:
We take a closer look at INOD’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 32.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 384.27. For the most recent quarter (mrq), Quick Ratio is recorded 1.45 and its Current Ratio is at 1.45. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.15.
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, Maxim Group on July 15, 2024, initiated with a Buy rating and assigned the stock a target price of $30.
On May 22, 2024, BWS Financial started tracking the stock assigning a Buy rating and target price of $24.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 30 ’23 when Espineli Marissa B sold 11,628 shares for $15.04 per share. The transaction valued at 174,885 led to the insider holds 0 shares of the business.
Toor Nauman Sabeeh sold 23,383 shares of INOD for $345,367 on Aug 30 ’23. The Director now owns 700,000 shares after completing the transaction at $14.77 per share. On Aug 28 ’23, another insider, Espineli Marissa B, who serves as the Interim CFO of the company, sold 6,600 shares for $15.08 each. As a result, the insider received 99,528 and left with 0 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, INOD now has a Market Capitalization of 541800704 and an Enterprise Value of 529651424. As of this moment, Innodata’s Price-to-Earnings (P/E) ratio for their current fiscal year is 200.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.05 while its Price-to-Book (P/B) ratio in mrq is 18.70. Its current Enterprise Value per Revenue stands at 4.934 whereas that against EBITDA is 74.778.
Stock Price History:
Over the past 52 weeks, INOD has reached a high of $21.58, while it has fallen to a 52-week low of $5.46. The 50-Day Moving Average of the stock is 12.97%, while the 200-Day Moving Average is calculated to be 78.44%.
Shares Statistics:
According to the various share statistics, INOD traded on average about 561.78K shares per day over the past 3-months and 742080 shares per day over the past 10 days. A total of 28.75M shares are outstanding, with a floating share count of 26.85M. Insiders hold about 7.39% of the company’s shares, while institutions hold 40.10% stake in the company. Shares short for INOD as of 1722384000 were 2957996 with a Short Ratio of 5.27, compared to 1719532800 on 2812663. Therefore, it implies a Short% of Shares Outstanding of 2957996 and a Short% of Float of 10.95.
Earnings Estimates
Its stock is currently analyzed by 2 different market analysts. The consensus estimate for the next quarter is $0.05, with high estimates of $0.11 and low estimates of -$0.01.
Analysts are recommending an EPS of between $0.21 and -$0.1 for the fiscal current year, implying an average EPS of $0.06. EPS for the following year is $0.31, with 2.0 analysts recommending between $0.59 and $0.02.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $42.69M. There is a high estimate of $43.6M for the next quarter, whereas the lowest estimate is $41.78M.
Based on 2 analysts’ estimates, the company’s revenue will be $177.43M in the next fiscal year. The high estimate is $180.7M and the low estimate is $174.17M.
