Market Vectors Indian Rupee/USD ETN FY2026 EPS Lowered by Roth Capital

Market Vectors Indian Rupee/USD ETN (NYSEARCA:INR) – Equities research analysts at Roth Capital dropped their FY2026 EPS estimates for shares of Market Vectors Indian Rupee/USD ETN in a report issued on Monday, November 10th. Roth Capital analyst N. Pope now forecasts that the company will post earnings per share of $1.38 for the year, down from their prior forecast of $1.73. Roth Capital currently has a “Strong-Buy” rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Citigroup dropped their price target on Market Vectors Indian Rupee/USD ETN from $21.00 to $18.00 and set a “buy” rating on the stock in a research note on Monday, September 29th. Raymond James Financial reissued a “strong-buy” rating and issued a $23.00 price objective (down previously from $29.00) on shares of Market Vectors Indian Rupee/USD ETN in a research note on Monday, September 15th. Finally, KeyCorp decreased their target price on shares of Market Vectors Indian Rupee/USD ETN from $22.00 to $19.00 and set an “overweight” rating for the company in a research report on Wednesday.

Market Vectors Indian Rupee/USD ETN Stock Performance

Market Vectors Indian Rupee/USD ETN stock traded down $0.11 during midday trading on Thursday, reaching $13.43. 42,557 shares of the company’s stock were exchanged, compared to its average volume of 354,855. The stock’s 50-day simple moving average is $12.81 and its 200 day simple moving average is $14.93. The firm has a market cap of $817.56 million and a price-to-earnings ratio of -12.32. Market Vectors Indian Rupee/USD ETN has a 52 week low of $11.13 and a 52 week high of $23.00.

Insider Activity

In other Market Vectors Indian Rupee/USD ETN news, Director Steven D. Gray purchased 16,846 shares of the firm’s stock in a transaction on Friday, August 22nd. The shares were purchased at an average price of $13.96 per share, for a total transaction of $235,170.16. Following the completion of the transaction, the director owned 50,000 shares in the company, valued at $698,000. This represents a 50.81% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Zack David Arnold acquired 5,500 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The stock was purchased at an average cost of $13.88 per share, with a total value of $76,340.00. Following the purchase, the insider directly owned 5,500 shares in the company, valued at approximately $76,340. This trade represents a ? increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have purchased 55,500 shares of company stock worth $765,958.

About Market Vectors Indian Rupee/USD ETN

International Consolidated Airlines Group, SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, Ireland, the United States, and rest of the world. The company operates under the British Airways, Iberia, Vueling, Aer Lingus, and LEVEL brands.