InMode (NASDAQ:INMD – Get Free Report) will likely be announcing its earnings results before the market opens on Monday, April 28th. Analysts expect the company to announce earnings of $0.45 per share and revenue of $82.21 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.
InMode Price Performance
NASDAQ:INMD opened at $14.92 on Monday. The stock has a market cap of $1.04 billion, a PE ratio of 6.35 and a beta of 1.96. InMode has a fifty-two week low of $13.68 and a fifty-two week high of $19.85. The stock’s 50-day moving average is $17.68 and its two-hundred day moving average is $17.64.
Wall Street Analyst Weigh In
A number of research firms have issued reports on INMD. Barclays increased their target price on shares of InMode from $26.00 to $29.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 5th. Jefferies Financial Group cut their price objective on InMode from $16.00 to $15.00 and set a “hold” rating for the company in a report on Monday, April 14th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of InMode in a research report on Wednesday, April 9th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $21.25.
InMode Company Profile
InMode Ltd. designs, develops, manufactures, and markets minimally invasive aesthetic medical products based on its proprietary radiofrequency assisted lipolysis and deep subdermal fractional radiofrequency technologies in the United States and internationally. The company offers minimally invasive aesthetic medical products for various procedures, such as liposuction with simultaneous skin tightening, body and face contouring, and ablative skin rejuvenation treatments, as well as for use in women's health conditions and procedures.
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