Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
InMode (INMD)
NASDAQ:INMD
Holding INMD?
Track your performance easily
INMD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$15.39 - $33.62
Previous Close$17.74
Volume1.41M
Average Volume (3M)1.23M
Market Cap
$1.50B
Enterprise Value$761.94M
Total Cash (Recent Filing)$741.61M
Total Debt (Recent Filing)$2.40M
Price to Earnings (P/E)10.2
Beta1.53
Next Earnings
Oct 23, 2024EPS Estimate
$0.51Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.74
Shares Outstanding83,982,462
10 Day Avg. Volume1,095,392
30 Day Avg. Volume1,225,275
Standard Deviation0.20
R-Squared0.33
Alpha0.00042
Financial Highlights & Ratios
Price to Book (P/B)1.89
Price to Sales (P/S)2.98
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.25
Enterprise Value/Gross Profit1.85
Enterprise Value/Ebitda7.38
Forecast
1Y Price Target
$21.50Price Target Upside23.42% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
InMode News
PremiumCompany Announcements
InMode Launches New Share Buyback Initiative
PremiumCompany Announcements
InMode Faces Revenue Decline but Stays Hopeful
Bulls Say, Bears Say
Bulls Say
Financial PerformanceINMD ended 2Q24 with $729M of cash after it completed a 8.4M share repurchase program in July.
Management GuidanceIf management can hit the second-half guidance and get back to year-over-year revenue growth, shares could begin to rebound off the current valuation level.
New Product LaunchesNew products in IgniteRF and OptimasMAX that INMD is just beginning to launch keep the Outperform rating unchanged.
Bears Say
DemandContinued softening in patient demand recently, with INMD's system utilization contracting.
Financial PerformanceRevenue growth slowed to 37% in 2Q24 from 24% in 1Q24 as macro factors continued to weigh on US sales and the conflict in Israel slowed new platform shipments.
GuidanceManagement reduced full-year revenue outlook from $485 - 495 million to $430 - 440 million.
---
Ownership Overview
0.00%
Insiders
16.40% Mutual Funds
32.82% Other Institutional Investors
50.78% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
INMD FAQ
What was InMode’s price range in the past 12 months?
InMode lowest stock price was $15.39 and its highest was $33.62 in the past 12 months.
What is InMode’s market cap?
Currently, no data Available
When is InMode’s upcoming earnings report date?
InMode’s upcoming earnings report date is Oct 23, 2024 which is in 32 days.
How were InMode’s earnings last quarter?
InMode released its earnings results on Aug 01, 2024. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.382 by -$0.042.
Is InMode overvalued?
According to Wall Street analysts InMode’s price is currently Undervalued.
Does InMode pay dividends?
InMode does not currently pay dividends.
What is InMode’s EPS estimate?
InMode’s EPS estimate is $0.51.
How many shares outstanding does InMode have?
InMode has 84,619,120 shares outstanding.
What happened to InMode’s price movement after its last earnings report?
InMode reported an EPS of $0.34 in its last earnings report, missing expectations of $0.382. Following the earnings report the stock price went down -8.554%.
Which hedge fund is a major shareholder of InMode?
Among the largest hedge funds holding InMode’s share is Deerfield Management Company, LP. It holds InMode’s shares valued at 21M.
---
InMode Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$21.50 (23.42% Upside)
$21.50 (23.42% Upside)
Blogger Sentiment
Bullish
INMD Sentiment 81%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 174.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.0%
Last 30 Days ▼ 4.5%
Last 30 Days ▼ 4.5%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-47.40%
12-Months-Change
Fundamentals
Return on Equity
21.05%
Trailing 12-Months
Asset Growth
17.13%
Trailing 12-Months
Company Description
InMode
InMode Ltd. designs, develops, manufactures and markets minimally-invasive aesthetic medical products. It also designs, develops, manufactures and markets non-invasive medical aesthetic products that target a array of procedures including permanent hair reduction, facial skin rejuvenation, wrinkle reduction, cellulite treatment, skin appearance and texture and superficial benign vascular and pigmented lesions. The company was founded by Moshe Mizrahy and Michael Kreindel on January 2, 2008 and is headquartered in Yokneam, Israel.
---
INMD Company Deck
---
INMD Earnings Call
Q2 2024
0:00 / 0:00
---
INMD Stock 12 Month Forecast
Average Price Target
$21.50
▲(23.42% Upside)
Technical Analysis
Best Analysts Covering INMD
1 Year
1 Year Success Rate
12/28 ratings generated profit
1 Year Average Return
+10.26%
reiterated a buy rating 2 months ago
Copying Jeff Johnson's trades and holding each position for 1 Year would result in 42.86% of your transactions generating a profit, with an average return of +10.26% per trade.
---