Inogen (INGN) Stock Price, News & Analysis

Company Overview

Inogen, Inc., a medical technology company, develops, manufactures, and markets portable oxygen concentrators to patients, physicians and other clinicians, and third-party payors in the United States and internationally. Its oxygen concentrators are used to deliver supplemental long-term oxygen therapy to patients suffering from chronic respiratory conditions. The company offers Inogen One, a portable device that concentrate the air around the patient to provide a source of supplemental oxygen; Inogen At Home stationary oxygen concentrators; Simeox airway clearance; batteries; and related accessories. It also rents its products directly to patients. Inogen, Inc. was incorporated in 2001 and is headquartered in Goleta, California.

Key Stats

• Today's Range: $8.10 to $8.56
• 50-Day Range: $8.31 to $11.09
• 52-Week Range: $5.08 to $13.33
• Volume: 183,204 shs
• Average Volume: 318,450 shs
• Market Capitalization: $201.98 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $7.00
• Consensus Rating: Hold

Inogen Stock Analysis - MarketRank™

Inogen scored higher than 51% of companies evaluated by MarketBeat, and ranked 586th out of 944 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Inogen has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Inogen has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Inogen are expected to grow in the coming year, from ($1.73) to ($1.53) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Inogen is -3.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Inogen is -3.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Inogen has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.34% of the outstanding shares of Inogen have been sold short.

Short Interest Ratio / Days to Cover

Inogen has a short interest ratio ("days to cover") of 4.1.

Change versus previous month

Short interest in Inogen has recently increased by 6.70%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Inogen does not currently pay a dividend.

Dividend Growth

Inogen does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.9 / 5
• Environmental Score: -1.12

Percentage of Shares Shorted

3.34% of the outstanding shares of Inogen have been sold short.

Short Interest Ratio / Days to Cover

Inogen has a short interest ratio ("days to cover") of 4.1.

Change versus previous month

Short interest in Inogen has recently increased by 6.70%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.56

News Sentiment

Inogen has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Inogen this week, compared to 2 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Inogen insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.99% of the stock of Inogen is held by insiders.

Percentage Held by Institutions

89.94% of the stock of Inogen is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

INGN Stock Analysis - Frequently Asked Questions

How have INGN shares performed this year?

Inogen's stock was trading at $5.49 on January 1st, 2024. Since then, INGN stock has increased by 54.5% and is now trading at $8.48.
View the best growth stocks for 2024 here.

How were Inogen's earnings last quarter?

Inogen, Inc. (NASDAQ:INGN) posted its quarterly earnings data on Tuesday, August, 6th. The medical technology company reported ($0.24) EPS for the quarter, topping the consensus estimate of ($0.55) by $0.31. The company's revenue for the quarter was up 6.1% on a year-over-year basis.

Who are Inogen's major shareholders?

Inogen's top institutional shareholders include Brown Capital Management LLC (6.57%), Fred Alger Management LLC (2.99%), Geode Capital Management LLC (2.33%) and State Street Corp (2.15%). Insiders that own company stock include Jason Somer and Ray Benjamin M Anderson.
View institutional ownership trends.

How do I buy shares of Inogen?

Shares of INGN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Inogen own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Inogen investors own include American Water Works (AWK), Waste Connections (WCN), AUO (AUOTY), DiamondRock Hospitality (DRH), The RMR Group (RMR), Voyager Therapeutics (VYGR) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Last Earnings: 8/06/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Surgical appliances & supplies
• Sub-Industry: N/A
• Current Symbol: NASDAQ:INGN
• CUSIP: N/A
• CIK: 1294133
• Web: www.inogen.com
• Phone: (805) 562-0500
• Fax: N/A
• Employees: 834
• Year Founded: 2001

Price Target and Rating

• Average Stock Price Target: $7.00
• High Stock Price Target: $7.00
• Low Stock Price Target: $7.00
• Potential Upside/Downside: -17.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.25)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-102,450,000.00
• Net Margins: -15.89%
• Pretax Margin: -16.13%
• Return on Equity: -27.38%
• Return on Assets: -16.77%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.66
• Quick Ratio: 2.34

Sales & Book Value

• Annual Sales: $331.52 million
• Price / Sales: 0.61
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $8.79 per share
• Price / Book: 0.96

Miscellaneous

• Outstanding Shares: 23,818,000
• Free Float: 23,582,000
• Market Cap: $201.98 million
• Optionable: Optionable
• Beta: 1.02