Inmode Ltd (NASDAQ: INMD) is -25.81% lower on its value in year-to-date trading and has touched a low of $14.87 and a high of $29.17 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 $16.16 in the last trading session, with the day’s gains setting it 0.34%.
Currently trading at $16.50, the stock is 0.70% and 1.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing 2.10% at the moment leaves the stock -13.36% off its SMA200. INMD registered -41.05% loss for a year compared to 6-month loss of -7.92%. The firm has a 50-day simple moving average (SMA 50) of $16.2475 and a 200-day simple moving average (SMA200) of $19.043474.
The stock witnessed a -1.49% gain in the last 1 month and extending the period to 3 months gives it a -7.46%, and is 4.56% up 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 5.04% over the week and 3.67% over the month.
Inmode Ltd (INMD) has around 581 employees, a market worth around $1.40B and $416.63M in sales. Current P/E ratio is 9.50 and Fwd P/E is 7.80. Profit margin for the company is 35.81%. Distance from 52-week low is 10.96% and -43.44% from its 52-week high. The company has generated returns on investments over the last 12 months (19.71%).
with sales reaching $125.8M over the same period.The EPS is expected to shrink by -27.39% this year, but quarterly earnings will post -14.00% year-over-year. Quarterly sales are estimated to shrink -4.90% in year-over-year returns.
Inmode Ltd (INMD) Top Institutional Holders
The shares outstanding are 83.98M, and float is at 75.25M with Short Float at 9.33%.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.44 million shares valued at $117.52 million. The investor’s holdings represent 7.6224% of the INMD Shares outstanding. As of 2024-06-30, the second largest holder is FIL LTD with 2.84 million shares valued at $51.89 million to account for 3.3658 of the shares outstanding. The other top investors are RENAISSANCE TECHNOLOGIES LLC which holds 2.07 million shares representing 2.4471% and valued at over $37.73 million, while DOMA PERPETUAL CAPITAL MANAGEMENT LLC holds 2.3795 of the shares totaling 2.01 million with a market value of $36.69 million.
Inmode Ltd (INMD) Insider Activity
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