InMode Ltd. (NASDAQ:INMD) traded on Tuesday with an addition of $3.11 to $71.72, an upside of 4.53 percent. An average of 2,600,603 shares of common stock have been traded in the last five days. There was a fall of -$3.75 in the past week. The last 20 days have seen an average of 2,831,001 shares traded, while the 50-day average volume stands at 1,911,728.
INMD stock has increased by 3.02% in the last month. The company shares reached their 1-month lowest point of $57.74 on 09/13/21. With the stock rallying to its 52-week high on 09/27/21, shares of the company touched a low of $18.02 and a high of $90.00 in 52 weeks. In spite of this, the price is down -20.31% from the 52-week high.
3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
InMode Ltd. (INMD) has a trailing price-to-earnings (P/E) ratio of 22.91, which compares with the 31.13 for the broader industry and 32.04 for the sector. This means investors are optimistic about the stock’s future prospects. In the last five years, InMode Ltd.’s PE ratio has ranged between 58.83 and 8.789. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 18.41, the price-to-book (PB) ratio at 16.94, and the price-to-cash flow ratio at 37.13.
The quick ratio of InMode Ltd. for the three months ended June 29 was 8.50, and the current ratio was 8.90, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 85.10%. InMode Ltd.’s EBITDA margin for the year ending June 29 is 35.54%, while its operating margin for the same period stands at 44.10%. Its gross profit as reported stood at $175.26 million compared to revenue of $206.11 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, InMode Ltd.’s return on assets was 39.60%, compared to over the last five years. In the past year, the return on investment has been 28.20%, and the 5-year average is. Meanwhile, the return on equity (ROE) for the past 12 months has been 45.90% and the 5-year average holds at. For the broader industry, ROE averaged 1.63 over the past year.
From a technical analysis perspective, let’s take a brief look at InMode Ltd. (INMD) price momentum. RSI 9-day as of the close on 04 October was 44.15%, suggesting the stock is Neutral, with historical volatility in this time frame at 128.00%.
As of today, INMD’s price is $75.55 -5.02% or -$3.75 from its 5-day moving average. INMD is currently trading +4.31% higher than its 20-day SMA and +105.81% higher than its 100-day SMA. However, the stock’s current price level is +29.63% above the SMA50 and +204.21% above the SMA200.
The stochastic %K and %D were 33.56% and 49.43%, respectively, and the average true range (ATR) was 6.85. With the 14-day stochastic at 21.59% and the average true range at 6.06, the RSI (14) stands at 48.87%. The stock has reached -6.30 on the 9-day MACD Oscillator while the 14-day reading was at -4.20.
Barclays launched coverage on InMode Ltd. (NASDAQ: INMD) in its analyst report released on May 25, 2021. The firm assigned the stock a an Overweight rating.The consensus rating for InMode Ltd. (INMD) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell INMD, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 3 others rate it as a “buy”.
What is INMD’s price target for the next 12 months?
Analysts predict a range of price targets between $60.00 and $103.00, with a median target of $62.50. Taking a look at these predictions, the average price target given by analysts for InMode Ltd. (INMD) stock is $69.70.