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The closing price of Inmode Ltd (NASDAQ: INMD) was $15.66 for the day, up 0.26% from the previous closing price of $15.62. In other words, the price has increased by $0.26 from its previous closing price. On the day, 0.64 million shares were traded. INMD stock price reached its highest trading level at $15.76 during the session, while it also had its lowest trading level at $15.41.
Ratios:
Our analysis of INMD’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.14. For the most recent quarter (mrq), Quick Ratio is recorded 8.09 and its Current Ratio is at 8.63. 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 the company, Jefferies on July 23, 2024, Downgraded its rating to Hold and sets its target price to $19 from $21 previously.
On November 03, 2023, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $52 to $24.
Canaccord Genuity Downgraded its Buy to Hold on October 13, 2023, whereas the target price for the stock was revised from $55 to $22.
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 1194060928 and an Enterprise Value of 589992448. As of this moment, Inmode’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.02, and their Forward P/E ratio for the next fiscal year is 7.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.18 while its Price-to-Book (P/B) ratio in mrq is 1.76. Its current Enterprise Value per Revenue stands at 1.416 whereas that against EBITDA is 4.382.
Stock Price History:
Over the past 52 weeks, INMD has reached a high of $40.40, while it has fallen to a 52-week low of $15.41. The 50-Day Moving Average of the stock is -8.92%, while the 200-Day Moving Average is calculated to be -21.71%.
Shares Statistics:
INMD traded an average of 1.24M shares per day over the past three months and 834860 shares per day over the past ten days. A total of 83.98M shares are outstanding, with a floating share count of 75.25M. Insiders hold about 11.07% of the company’s shares, while institutions hold 61.34% stake in the company. Shares short for INMD as of 1723680000 were 6225541 with a Short Ratio of 5.02, compared to 1721001600 on 7900453. Therefore, it implies a Short% of Shares Outstanding of 6225541 and a Short% of Float of 8.77.
Earnings Estimates
The market rating of Inmode Ltd (INMD) is currently shaped by the ongoing analysis conducted by 5.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.69, with high estimates of $0.71 and low estimates of $0.65.
Analysts are recommending an EPS of between $1.94 and $1.83 for the fiscal current year, implying an average EPS of $1.91. EPS for the following year is $2.17, with 4.0 analysts recommending between $2.31 and $2.09.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. It ranges from a high estimate of $134.7M to a low estimate of $102.9M. As of the current estimate, Inmode Ltd’s year-ago sales were $132.26MFor the next quarter, 5 analysts are estimating revenue of $138.16M. There is a high estimate of $140.9M for the next quarter, whereas the lowest estimate is $133.74M.
A total of 4 analysts have provided revenue estimates for INMD’s current fiscal year. The highest revenue estimate was $435.18M, while the lowest revenue estimate was $408.8M, resulting in an average revenue estimate of $426.1M. In the same quarter a year ago, actual revenue was $492.05MBased on 4 analysts’ estimates, the company’s revenue will be $454.34M in the next fiscal year. The high estimate is $478M and the low estimate is $430.1M.
