Innodata Inc [NASDAQ: INOD] price surged by 13.22 percent to reach at $6.41.
A sum of 6349364 shares traded at recent session while its average daily volume was at 2.41M shares. Innodata Inc shares reached a high of $55.55 and dropped to a low of $50.2 until finishing in the latest session at $54.9.
The one-year INOD stock forecast points to a potential upside of 14.75. The average equity rating for INOD stock is currently 1.20, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Innodata Inc [INOD]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for INOD shares is $64.40 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on INOD stock is a recommendation set at 1.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wedbush have made an estimate for Innodata Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 19, 2024. While these analysts kept the previous recommendation, Craig Hallum raised their target price to Buy. The new note on the price target was released on September 17, 2024, representing the official price target for Innodata Inc stock. Previously, the target price had yet another raise to $30, while Maxim Group analysts kept a Buy rating on INOD stock.
The Price to Book ratio for the last quarter was 23.09, with the Price to Cash per share for the same quarter was set at 1.78. Price to Free Cash Flow for INOD in the course of the last twelve months was 57.41 with Quick ratio for the last quarter at 2.33.
INOD Stock Performance Analysis:
Innodata Inc [INOD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 18.55. With this latest performance, INOD shares gained by 15.85% in over the last four-week period, additionally plugging by 60.67% over the last 6 months – not to mention a rise of 38.92% in the past year of trading.
Insight into Innodata Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Innodata Inc [INOD] shares currently have an operating margin of 15.29% and a Gross Margin at 39.72%. Innodata Inc’s Net Margin is presently recorded at 17.53%.
Innodata Inc (INOD) Capital Structure & Debt Analysis
According to recent financial data for Innodata Inc. ( INOD), the Return on Equity (ROE) stands at 68.82%, highlighting impressive shareholder gains. The Return on Assets (ROA) is 37.57%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Innodata Inc’s Return on Invested Capital (ROIC) is 44.87%, showcasing its effectiveness in deploying capital for earnings.
Innodata Inc (INOD) Efficiency & Liquidity Metrics
Based on Innodata Inc’s (INOD) latest financial statements, the Debt-to-Equity Ratio is 0.06%, indicating its reliance on debt financing relative to shareholder equity.
Innodata Inc (INOD) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Innodata Inc. (INOD) effectively leverages its workforce, generating an average of $5333.94 per employee. The company’s liquidity position is robust, with a Current Ratio of 2.33% and a Quick Ratio of 2.33%, indicating strong ability to cover short-term liabilities.
INOD Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for INOD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Innodata Inc go to 13.46%.
Innodata Inc [INOD] Institutonal Ownership Details
There are presently around $56.73%, or 59.36%% of INOD stock, in the hands of institutional investors. The top three institutional holders of INOD stocks are: BLACKROCK INC. with ownership of 1.88 million shares, which is approximately 6.5096%. VANGUARD GROUP INC, holding 1.48 million shares of the stock with an approximate value of $$22.0 million in INOD stocks shares; and VANGUARD GROUP INC, currently with $$18.36 million in INOD stock with ownership which is approximately 4.2878%.
