Brokers Issue Forecasts for Nano-X Imaging FY2025 Earnings

Nano-X Imaging Ltd. (NASDAQ:NNOX - Free Report) - Equities research analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for Nano-X Imaging in a research report issued on Tuesday, January 21st. Cantor Fitzgerald analyst R. Osborn anticipates that the company will earn ($0.61) per share for the year. Cantor Fitzgerald currently has a "Overweight" rating and a $12.00 target price on the stock. The consensus estimate for Nano-X Imaging's current full-year earnings is ($0.92) per share.

Nano-X Imaging (NASDAQ:NNOX - Get Free Report) last issued its quarterly earnings data on Thursday, November 21st. The company reported ($0.23) earnings per share for the quarter. Nano-X Imaging had a negative return on equity of 27.63% and a negative net margin of 465.38%. During the same quarter in the prior year, the firm posted ($0.37) earnings per share.

Separately, D. Boral Capital began coverage on Nano-X Imaging in a research note on Monday, January 6th. They issued a "buy" rating and a $23.00 price objective for the company.

Nano-X Imaging Stock Down 2.8 %

NNOX traded down $0.25 during trading on Thursday, hitting $8.75. The company's stock had a trading volume of 2,609,246 shares, compared to its average volume of 4,869,558. The business's 50 day simple moving average is $7.32 and its 200-day simple moving average is $6.94. The firm has a market cap of $505.58 million, a PE ratio of -10.29 and a beta of 1.97. Nano-X Imaging has a one year low of $5.26 and a one year high of $14.28.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Farther Finance Advisors LLC bought a new position in Nano-X Imaging during the 3rd quarter valued at about $25,000. Verition Fund Management LLC bought a new position in shares of Nano-X Imaging during the third quarter valued at approximately $88,000. Gainplan LLC purchased a new stake in shares of Nano-X Imaging in the fourth quarter worth approximately $92,000. Creative Planning bought a new stake in shares of Nano-X Imaging during the 3rd quarter worth approximately $107,000. Finally, Intech Investment Management LLC purchased a new position in Nano-X Imaging during the 3rd quarter valued at $124,000. Institutional investors own 21.49% of the company's stock.

Nano-X Imaging Company Profile

Nano-X Imaging Ltd. develops a commercial-grade tomographic imaging device with a digital X-ray source. The company provides teleradiology services and develops artificial intelligence applications to be used in real-world medical imaging applications. Its X-ray source is based on a digital micro-electro-mechanical systems semiconductor cathode.