Innovex International (INVX) Stock Price, News & Analysis

Company Overview

Innovex Downhole Solutions Inc. designs, manufactures and installs mission-critical drilling & deployment, well construction, completion, production and fishing & intervention solutions to support upstream onshore and offshore activities. Innovex Downhole Solutions Inc., formerly known as Dril-Quip, is based in HOUSTON.

Key Stats

• Today's Range: $16.29 to $16.50
• 50-Day Range: N/A
• 52-Week Range: $13.80 to $25.19
• Volume: 21,950 shs
• Average Volume: 297,022 shs
• Market Capitalization: $1.10 billion
• P/E Ratio: 11.57
• Dividend Yield: N/A
• Price Target: $15.00
• Consensus Rating: Sell

Innovex International Stock Analysis - MarketRank™

Innovex International scored higher than 10% of companies evaluated by MarketBeat, and ranked 260th out of 268 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.5 / 5
• Analyst Rating: Sell

Consensus Rating

Innovex International has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

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

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 93.33%

Earnings Growth

Earnings for Innovex International are expected to grow by 93.33% in the coming year, from $0.45 to $0.87 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Innovex International is 11.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.49.

Price to Earnings Ratio vs. Sector

The P/E ratio of Innovex International is 11.57, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.73.

Price to Book Value per Share Ratio

Innovex International has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for INVX.

Dividend

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

Dividend Yield

Innovex International does not currently pay a dividend.

Dividend Growth

Innovex International does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for INVX.

News and Social Media

• Score: 0.7 / 5
• News Sentiment: -0.67

News Sentiment

Innovex International has a news sentiment score of -0.67. 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 is a lower news sentiment than the 0.78 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Innovex International this week, compared to 1 article on an average week.

Search Interest

Only 2 people have searched for INVX on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

Only 3.10% of the stock of Innovex International is held by insiders.

INVX Stock Analysis - Frequently Asked Questions

How have INVX shares performed this year?

Innovex International's stock was trading at $16.2350 on January 1st, 2024. Since then, INVX shares have increased by 0.5% and is now trading at $16.32.
View the best growth stocks for 2024 here.

How do I buy shares of Innovex International?

Shares of INVX 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.

Company Calendar

• Today: 11/29/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Oil & gas field machinery
• Sub-Industry: N/A
• Current Symbol: NYSE:INVX
• CUSIP: N/A
• CIK: N/A
• Web: www.dril-quip.com
• Phone: 346-398-0000
• Fax: 713-939-8060
• Employees: 1,659
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $15.00
• High Stock Price Target: $15.00
• Low Stock Price Target: $15.00
• Potential Upside/Downside: -8.1%
• Consensus Rating: Sell
• Rating Score (0-4): 1.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.41
• Trailing P/E Ratio: 11.57
• Forward P/E Ratio: 36.27
• P/E Growth: N/A
• Net Income: $600,000.00
• Net Margins: 12.31%
• Pretax Margin: 7.76%
• Return on Equity: -0.73%
• Return on Assets: -0.61%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 3.87
• Quick Ratio: 2.17

Sales & Book Value

• Annual Sales: $424.06 million
• Price / Sales: 2.59
• Cash Flow: $0.69 per share
• Price / Cash Flow: 23.58
• Book Value: $13.45 per share
• Price / Book: 1.21

Miscellaneous

• Outstanding Shares: 67,250,000
• Free Float: 66,102,000
• Market Cap: $1.10 billion
• Optionable: N/A
• Beta: 0.85