Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Innoviz Technologies Ltd (NASDAQ: INVZ) closed at $0.97 in the last session, down -2.75% from day before closing price of $1.00. In other words, the price has decreased by -$2.75 from its previous closing price. On the day, 2.93 million shares were traded. INVZ stock price reached its highest trading level at $1.01 during the session, while it also had its lowest trading level at $0.94.
Ratios:
We take a closer look at INVZ’s different ratios to gain a better understanding of the stock. 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:
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 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 193490544 and an Enterprise Value of 123335328. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.59 while its Price-to-Book (P/B) ratio in mrq is 2.09. Its current Enterprise Value per Revenue stands at 3.565 whereas that against EBITDA is -1.605.
Stock Price History:
The Beta on a monthly basis for INVZ is 1.02, which has changed by -0.1234234 over the last 52 weeks, in comparison to a change of 0.11936104 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 36.79%, while the 200-Day Moving Average is calculated to be 10.42%.
Shares Statistics:
According to the various share statistics, INVZ traded on average about 4.57M shares per day over the past 3-months and 5184240 shares per day over the past 10 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 28.37% stake in the company. Shares short for INVZ as of 1745971200 were 21176750 with a Short Ratio of 4.64, 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 detailed examination of Innoviz Technologies Ltd (INVZ) is currently in progress, with 4.0 analysts providing valuable insights into its market dynamics.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 -$0.25 and -$0.37 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 -$0.17 and -$0.33.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $9M. It ranges from a high estimate of $12M to a low estimate of $7M. As of the current estimate, Innoviz Technologies Ltd’s year-ago sales were $6.66MFor the next quarter, 4 analysts are estimating revenue of $12.75M. 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 $59.63M, while the lowest revenue estimate was $55.39M, resulting in an average revenue estimate of $56.46M. In the same quarter a year ago, actual revenue was $24.27MBased on 3 analysts’ estimates, the company’s revenue will be $150.39M in the next fiscal year. The high estimate is $180M and the low estimate is $101M.
