INMD stock has undergone multiple analysts rating changes in the recent past. InMode stock Target Raised by Robert W. Baird – 3 stars on 10/13/2021. In a note to investors, the firm issued a new target price of $80.00. The analysts previously had $62.00 target price. Robert W. Baird – 3 stars’s price target would indicate a potential upside of -2.59% from the stock’s previous close.
Shares of InMode traded up $10.39 on Wednesday, reaching $85.83. 4244112 shares of the stock traded hands, compared to its average volume of 2483037. On Wednesday, Shares of InMode closed at $85.83. The firm’s 50 day moving average is $67.14 and its 200 day moving average is $46.49.InMode has a 12 month low of $18.02 and a 12 month high of $90.00. While on yearly highs and lows, InMode today has traded high as $86.33 and has touched $77.50 on the downward trend.
InMode Earnings and What to expect:
InMode last issued its earnings results on July 28th, 2021. The healthcare company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.27. The business had revenue of $87.33 million for the quarter. InMode has generated $0.00 earnings per share over the last year ($1.50 diluted earnings per share) and currently has a price-to-earnings ratio of 57.2. InMode has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 11th, 2021 based off prior year’s report dates.
The P/E ratio of InMode is 57.22, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.84. The P/E ratio of InMode is 57.22, which means that it is trading at a more expensive P/E ratio than the Medical sector average P/E ratio of about 32.55. InMode has a P/B Ratio of 21.46. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
InMode (NASDAQ:INMD) Moving Average Technical Analysis
5 day Moving Average is $$75.17 And 5 day price change is $13.08 (17.98%) with average volume for 5 day average is 2,768,980. While technical analysis for average 20 days shows significant difference, 20 day moving average is $76.28 and 20 day price change is $19.08 (28.58%) and average 20 day moving volume is 3,064,455. 50 day moving average is $67.14 and 50 day price change is $28.24 ( 49.02%) and with average volume for 50 days is : 2,078,210. 200 day moving average is $46.49 and 200 day price change is $62.15 (262.46%) and with average volume for 200 days is : 1,597,681.
Other owners latest trading in INMD :
- On 10/13/2021 shares held by Veracity Capital LLC were 1,405 which equates to market value of $0.22M and appx 0.10% owners of INMD
- On 10/12/2021 shares held by Symphony Financial Ltd. Co. were 4,600 which equates to market value of $0.73M and appx 0.30% owners of INMD
- On 10/6/2021 shares held by Hodges Capital Management Inc. were 101,785 which equates to market value of $16.23M and appx 1.20% owners of INMD
- In total Institutional ownership equates to for INMD
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