There is no doubt that Innovex International Inc (INVX) ticks all the boxes.

With 0.37 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.4 million shares. During the session, the Oil & Gas Equipment & Services company that operates in wider Energy sector, reached to the highest price of $16.77 whereas the lowest price it dropped to was $16.263. The 52-week range on INVX shows that it touched its highest point at $25.19 and its lowest point at $13.80 during that stretch. It currently has a 1-year price target of $21.00. Beta for the stock currently stands at 0.88.

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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 INVX was down-trending over the past week, with a drop of -3.43%, but this was up by 13.33% over a month. Three-month performance dropped to -0.85% while six-month performance fell -12.59%. The stock lost -27.47% in the past year, while it has lost -29.87% so far this year. A look at the trailing 12-month EPS for INVX yields -0.79 with Next year EPS estimates of 1.29. For the next quarter, that number is 0.27. This implies an EPS growth rate of 1226.51% for this year and -32.61% for next year.

Float and Shares Shorts:

At present, 67.25 million INVX shares are outstanding with a float of 36.00 million shares on hand for trading. On 2024-11-15, short shares totaled 1.49 million, which was 218.00000000000003 higher than short shares on 1728950400. In addition to Mr. Adam B. Anderson as the firm’s CEO & Director, Mr. Kendal Reed serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.98355 of INVX’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 2024-09-30, INVX reported revenue of $151817000.0 and operating income of $6909000.0. The EBITDA in the recently reported quarter was $15982000.0 and diluted EPS was $1.99.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With INVX analysts setting a high price target of 27.0 and a low target of 15.0, the average target price over the next 12 months is 21.0. Based on these targets, INVX could surge 65.44% to reach the target high and fall by -8.09% to reach the target low. Reaching the average price target will result in a growth of 28.68% from current levels.

Analysts have provided yearly estimates in a range of $1.68874 being high and $1.68874 being low. For INVX, this leads to a yearly average estimate of $1.68874.