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As of close of business last night, Innoviz Technologies Ltd’s stock clocked out at $1.57, up 3.29% from its previous closing price of $1.52. In other words, the price has increased by $3.29 from its previous closing price. On the day, 3.62 million shares were traded. INVZ stock price reached its highest trading level at $1.59 during the session, while it also had its lowest trading level at $1.48.
Ratios:
To gain a deeper understanding of INVZ’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.45 and its Current Ratio is at 3.56. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.32.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 315216768 and an Enterprise Value of 271097504. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.29 while its Price-to-Book (P/B) ratio in mrq is 3.39. Its current Enterprise Value per Revenue stands at 7.194 whereas that against EBITDA is -3.845.
Stock Price History:
The Beta on a monthly basis for INVZ is 1.25, which has changed by 1.9622641 over the last 52 weeks, in comparison to a change of 0.20221436 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 -4.00%, while the 200-Day Moving Average is calculated to be 36.99%.
Shares Statistics:
It appears that INVZ traded 8.61M shares on average per day over the past three months and 4873800 shares per day over the past ten days. A total of 200.77M shares are outstanding, with a floating share count of 194.84M. Insiders hold about 2.07% of the company’s shares, while institutions hold 28.09% stake in the company. Shares short for INVZ as of 1755216000 were 27750687 with a Short Ratio of 3.22, compared to 1752537600 on 27964661. Therefore, it implies a Short% of Shares Outstanding of 27750687 and a Short% of Float of 14.109999.
Earnings Estimates
The stock of Innoviz Technologies Ltd (INVZ) is currently drawing attention from 4.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.07 and low estimates of -$0.1.
Analysts are recommending an EPS of between -$0.26 and -$0.35 for the fiscal current year, implying an average EPS of -$0.31. EPS for the following year is -$0.27, with 4.0 analysts recommending between -$0.18 and -$0.33.
Revenue Estimates
In the current quarter, 4 analysts expect revenue to total $14M. It ranges from a high estimate of $20M to a low estimate of $12M. As of the current estimate, Innoviz Technologies Ltd’s year-ago sales were $4.52MFor the next quarter, 4 analysts are estimating revenue of $18.12M. There is a high estimate of $23M for the next quarter, whereas the lowest estimate is $16M.
A total of 4 analysts have provided revenue estimates for INVZ’s current fiscal year. The highest revenue estimate was $70.33M, while the lowest revenue estimate was $55.1M, resulting in an average revenue estimate of $59.12M. In the same quarter a year ago, actual revenue was $24.27MBased on 4 analysts’ estimates, the company’s revenue will be $131.38M in the next fiscal year. The high estimate is $180M and the low estimate is $75M.
