With 3.94 million shares changed hands, the volume of the stock remained lighter than its average volume of 15.86 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $7.87 whereas the lowest price it dropped to was $7.64. The 52-week range on LUNR shows that it touched its highest point at $13.25 and its lowest point at $2.09 during that stretch. It currently has a 1-year price target of $10.60. Beta for the stock currently stands at 0.36.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LUNR was down-trending over the past week, with a drop of -6.97%, but this was up by 5.16% over a month. Three-month performance surged to 125.66% while six-month performance rose 34.37%. The stock gained 126.98% in the past year, while it has gained 202.94% so far this year. A look at the trailing 12-month EPS for LUNR yields -0.92 with Next year EPS estimates of -0.14. For the next quarter, that number is -0.12. This implies an EPS growth rate of -167.07% for this year and 91.52% for next year.
Float and Shares Shorts:
At present, 62.92 million LUNR shares are outstanding with a float of 54.95 million shares on hand for trading. On 2024-10-15, short shares totaled 18.3 million, which was 2909.0 higher than short shares on 1726185600. In addition to Dr. Kamal Ghaffarian as the firm’s Co-Founder & Chairman, Mr. Stephen Altemus serves as its Co-Founder, President, CEO & Director.
Institutional Ownership:
Through their ownership of 0.31278 of LUNR’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, LUNR reported revenue of $41408000.0 and operating income of -$28174000.0. Over the past year, revenue came in at $78.42M while operating income stood at -$29.46M. It generated $18280000.0 net income for the quarter, which came to -$29.34M over the last twelve months. The EBITDA in the recently reported quarter was -$70869000.0 and diluted EPS was $0.29. EBITDA for the full year was -$26.57M.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LUNR since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With LUNR analysts setting a high price target of 12.0 and a low target of 10.0, the average target price over the next 12 months is 10.6. Based on these targets, LUNR could surge 55.04% to reach the target high and rise by 29.2% to reach the target low. Reaching the average price target will result in a growth of 36.95% from current levels.
Analysts have provided yearly estimates in a range of -$1.33954 being high and -$1.93756 being low. For LUNR, this leads to a yearly average estimate of -$1.65. The surprise factor in the prior quarter was $0.27. Based on analyst estimates, the high estimate for the next quarter is -$0.09 and the low estimate is -$0.11. The average estimate for the next quarter is thus -$0.1.
