Intapp Inc (NASDAQ:INTA) price on Friday, February 07, rose 0.82% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $71.65.
A look at the stock’s price movement, the close in the last trading session was $71.07, moving within a range at $71.02 and $73.67. The beta value (5-Year monthly) was 0.643. Turning to its 52-week performance, $75.90 and $30.36 were the 52-week high and 52-week low respectively. Overall, INTA moved 15.38% over the past month.
Intapp Inc’s market cap currently stands at around $5.69 billion, with investors looking forward to this quarter’s earnings report slated for in March.
Analysts have a consensus estimate of 128.5M for the company’s revenue for the quarter, with a low and high estimate of 125.73M and 129.3M respectively. The average forecast suggests up to a 16.15% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 500.46M, representing a 16.25% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that INTA is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 3 recommend INTA as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
INTA’s current price about 2.77% and 6.91% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 57.19, while 7-day volatility ratio is 8.13% and 5.25% in the 30-day chart. Further, Intapp Inc (INTA) has a beta value of 0.74, and an average true range (ATR) of 3.63. Analysts have given the company’s stock an average 52-week price target of $75, forecast between a low of $46 and high of $77. Looking at the price targets, the low is 35.8% off current price level while to achieve the yearly target high, price needs to move -7.47%. Nonetheless, investors will most likely welcome a -4.68% jump to $75 which is the analysts’ median price.
If we refocus on Intapp Inc (NASDAQ:INTA), historical trading data shows that trading volumes averaged 1.03 over the past 10 days and 688.30K over the past 3 months. The company’s latest data on shares outstanding shows there are 79.23 million shares.
The 9.83% of Intapp Inc’s shares are in the hands of company insiders while institutional holders own 87.65% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.26 million on 2025-01-15, giving us a short ratio of 4.45. The data shows that as of 2025-01-15 short interest in Intapp Inc (INTA) stood at 655.0000000000001 of shares outstanding, with shares short rising to 2.96 million registered in 2024-12-13. Current price change has pushed the stock 11.80% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the INTA stock continues to rise going into the next quarter.
