In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Nano X Imaging Ltd (NASDAQ: NNOX) closed at $5.24 down -4.55% from its previous closing price of $5.49. In other words, the price has decreased by -$4.55 from its previous closing price. On the day, 1.26 million shares were traded.
Ratios:
For a deeper understanding of Nano X Imaging Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.52 and its Current Ratio is at 5.63. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
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, D. Boral Capital on January 06, 2025, initiated with a Buy rating and assigned the stock a target price of $23.
On September 08, 2023, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $14.50.
On January 05, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $21.Cantor Fitzgerald initiated its Overweight rating on January 05, 2023, with a $21 target price.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 29.62 while its Price-to-Book (P/B) ratio in mrq is 1.77.
Stock Price History:
Over the past 52 weeks, NNOX has reached a high of $11.00, while it has fallen to a 52-week low of $3.75. The 50-Day Moving Average of the stock is 0.95%, while the 200-Day Moving Average is calculated to be -17.27%.
Shares Statistics:
A total of 63.76M shares are outstanding, with a floating share count of 57.85M. Insiders hold about 9.27% of the company’s shares, while institutions hold 23.42% stake in the company.
Earnings Estimates
The performance of Nano X Imaging Ltd (NNOX) in the stock market is under the watchful eye of 2 analysts actively contributing to its current rating.The consensus estimate for the next quarter is -$0.16, with high estimates of -$0.15 and low estimates of -$0.16.
Analysts are recommending an EPS of between -$0.6 and -$0.62 for the fiscal current year, implying an average EPS of -$0.61. EPS for the following year is -$0.27, with 2.0 analysts recommending between -$0.09 and -$0.45.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $3.98M this quarter.It ranges from a high estimate of $5.33M to a low estimate of $3.18M. As of the current estimate, Nano X Imaging Ltd’s year-ago sales were $2.55MFor the next quarter, 4 analysts are estimating revenue of $4.84M. There is a high estimate of $5.55M for the next quarter, whereas the lowest estimate is $3.53M.
A total of 4 analysts have provided revenue estimates for NNOX’s current fiscal year. The highest revenue estimate was $29.9M, while the lowest revenue estimate was $15.03M, resulting in an average revenue estimate of $22.76M. In the same quarter a year ago, actual revenue was $11.28MBased on 4 analysts’ estimates, the company’s revenue will be $63.23M in the next fiscal year. The high estimate is $113.7M and the low estimate is $24.04M.
