Innodata Inc (NASDAQ:INOD) concluded the trading at $54.56 on current market day with a fall of -8.33% from its closing price on previous day.
Company’s P/E ratio for the trailing 12 months is 91.98. Considering stock’s 52-week price range provides that INOD hit a high price of $62.32 and saw its price falling to a low level of $5.46 during that period. Over a period of past 1-month, stock came adding 42.68% in its value.
With its current market valuation of $1.58 billion, Innodata Inc is set to declare its quarterly results in March. Analysts are in estimates of 0.25 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0.89 for current year with estimates of that growing to 0.86 in next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 53.01M. They suggested that in the process company could generate revenue of as low as 52.73M which could climb up to 53.14M to hit a high.
In contrast, when we review INOD stock’s current outlook then short term indicators are assigning it an average of 100% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 100% Buy for it.
According to ratings assigned by 1 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 0 of them are recommending Innodata Inc (INOD) as a Hold, while 1 are in view that stock is a Buy. Recommendation by 0 analysts for the stock is an Underweight while number of those analysts who rated the stock as an Overweight is 0, whereas 0 of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company.
Digging deeper we become aware of the PEG ratio of the INOD stock which is currently positioned at 0. It further provides that stock’s current price level is 26.76% away from its 20-day simple moving average and is 33.60% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 66.49 while volatility remained at 12.00% over the past week which changes to 8.01% when measuring it over the past month. Beta is valued at 2.68, while measure of average true range or ATR is currently at 4.43. In predicting price targets of as low as $23 and as high as $48, analysts are in agreement on assigning the stock over the next 12 months average price target of $35.5. Stock’s current price level is 57.84% above from estimated low price target while it is 12.02% below the estimated high; and even if the INOD’s share succeeded to reach the median price of $35.5, then the outlook of 34.93% could come to the excitement of the investors.
The percentage of outstanding shares held by the insiders is 5.50% while it is 53.57% for the institutional holders. Addition of 38.06% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
