The stock of Intuitive Machines Inc (LUNR) has gone up by 9.13% for the week, with a -14.06% drop in the past month and a 98.56% rise in the past quarter. The volatility ratio for the week is 6.26%, and the volatility levels for the past 30 days are 8.11% for LUNR. The simple moving average for the last 20 days is -2.40% for LUNR stock, with a simple moving average of 15.93% for the last 200 days.
Is It Worth Investing in Intuitive Machines Inc (NASDAQ: LUNR) Right Now?
Intuitive Machines Inc (NASDAQ: LUNR) has a price-to-earnings ratio that is above its average at 2.35x. The stock has a 36-month beta value of 0.34. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for LUNR is 42.37M, and at present, short sellers hold a 8.89% of that float. On April 24, 2024, the average trading volume of LUNR was 10.14M shares.
LUNR) stock’s latest price update
Intuitive Machines Inc (NASDAQ: LUNR) has seen a rise in its stock price by 6.59 in relation to its previous close of 5.16. However, the company has experienced a 9.13% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-23 that Intuitive Machines (IM) has the largest cash balance and order book in its history, and may triple its revenue in 2024. IM is the only commercial operation with proven lunar capability, giving it a first-mover advantage in the growing lunar industry. IM’s success in its first lunar mission validates its technology and business model, positioning it as a key player in the space sector.
Analysts’ Opinion of LUNR
Many brokerage firms have already submitted their reports for LUNR stocks, with Cantor Fitzgerald repeating the rating for LUNR by listing it as a “Overweight.” The predicted price for LUNR in the upcoming period, according to Cantor Fitzgerald is $11 based on the research report published on May 19, 2023 of the previous year 2023.
ROTH MKM, on the other hand, stated in their research note that they expect to see LUNR reach a price target of $20. The rating they have provided for LUNR stocks is “Buy” according to the report published on March 10th, 2023.
Canaccord Genuity gave a rating of “Buy” to LUNR, setting the target price at $35 in the report published on February 27th of the previous year.
LUNR Trading at -7.98% from the 50-Day Moving Average
After a stumble in the market that brought LUNR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -58.49% of loss for the given period.
Volatility was left at 8.11%, however, over the last 30 days, the volatility rate increased by 6.26%, as shares sank -10.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.22% upper at present.
During the last 5 trading sessions, LUNR rose by +9.13%, which changed the moving average for the period of 200-days by -36.93% in comparison to the 20-day moving average, which settled at $5.60. In addition, Intuitive Machines Inc saw 115.26% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LUNR starting from SHANON GUY, who sale 123,717 shares at the price of $8.99 back on Feb 22 ’24. After this action, SHANON GUY now owns 1,302,673 shares of Intuitive Machines Inc, valued at $1,111,956 using the latest closing price.
SHANON GUY, the 10% Owner of Intuitive Machines Inc, sale 236,283 shares at $12.52 during a trade that took place back on Feb 21 ’24, which means that SHANON GUY is holding 1,426,390 shares at $2,959,137 based on the most recent closing price.
Stock Fundamentals for LUNR
Current profitability levels for the company are sitting at:
- -0.7 for the present operating margin
- -0.27 for the gross margin
The net margin for Intuitive Machines Inc stands at 0.61. The total capital return value is set at -21.68.
Based on Intuitive Machines Inc (LUNR), the company’s capital structure generated -0.23 points at debt to capital in total, while cash flow to debt ratio is standing at -1.04. The debt to equity ratio resting at -0.18. The interest coverage ratio of the stock is -67.16.
Currently, EBITDA for the company is -22.7 million with net debt to EBITDA at -1.49. When we switch over and look at the enterprise to sales, we see a ratio of 4.02. The receivables turnover for the company is 3.4for trailing twelve months and the total asset turnover is 0.93. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.38.
Conclusion
To sum up, Intuitive Machines Inc (LUNR) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
