InMode Ltd. (NASDAQ: INMD) is -56.53% lower on its value in year-to-date trading and has touched a low of $20.60 and a high of $99.27 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The INMD stock was last observed hovering at around $31.20 in the last trading session, with the day’s loss setting it -0.52% off its average median price target of $53.00 for the next 12 months. It is also 48.87% off the consensus price target high of $60.00 offered by 3 analysts, but current levels are 23.3% higher than the price target low of $40.00 for the same period.
Currently trading at $30.68, the stock is -4.61% and -5.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.11 million and changing -1.67% at the moment leaves the stock -18.72% off its SMA200. INMD registered -58.95% loss for a year compared to 6-month loss of -25.32%.
The stock witnessed a -2.94% gain in the last 1 month and extending the period to 3 months gives it a 37.39%, and is -6.55% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.44% over the week and 4.77% over the month.
InMode Ltd. (INMD) has around 362 employees, a market worth around $2.68B and $404.20M in sales. Current P/E ratio is 15.28 and Fwd P/E is 12.82. Profit margin for the company is 42.70%. Distance from 52-week low is 48.93% and -69.09% from its 52-week high. The company has generated returns on investments over the last 12 months (39.60%).
InMode Ltd. (INMD) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for InMode Ltd. (INMD) is a “Buy”. 3 analysts offering their recommendations for the stock have an average rating of 1.30, where 0 rate it as a Hold and 1 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
InMode Ltd. is expected to release its quarterly report on 11/08/2022.The EPS is expected to grow by 115.20% this year
InMode Ltd. (INMD) Top Institutional Holders
The shares outstanding are 82.22M, and float is at 69.21M with Short Float at 9.03%.