Innovex International, Inc. (NYSE:INVX) Receives Consensus Rating of "Buy" from Analysts

Key Points

• Innovex International, Inc. (NYSE:INVX) has received a consensus rating of "Buy" from four analysts, with an average 1-year price target of $16.50.
• Large investors such as US Bancorp DE and Tower Research Capital LLC have significantly increased their stakes in Innovex International, with boosts up to 418.1% in recent quarters.
• The company's stock price recently traded up to $18.85, and it has a market cap of $1.30 billion with a notable net margin of 16.66%.

Innovex International, Inc. (NYSE:INVX - Get Free Report) has earned an average recommendation of "Buy" from the four analysts that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $16.50.

Several brokerages have recently issued reports on INVX. Wall Street Zen downgraded shares of Innovex International from a "buy" rating to a "hold" rating in a research report on Saturday, July 5th. Piper Sandler began coverage on shares of Innovex International in a research report on Tuesday, July 15th. They set an "overweight" rating and a $20.00 price objective for the company. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of Innovex International in a research report on Saturday, September 27th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. US Bancorp DE boosted its holdings in Innovex International by 234.0% during the first quarter. US Bancorp DE now owns 1,533 shares of the company's stock worth $28,000 after purchasing an additional 1,074 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Innovex International by 169.7% during the first quarter. GAMMA Investing LLC now owns 2,101 shares of the company's stock worth $38,000 after purchasing an additional 1,322 shares during the last quarter. First Horizon Advisors Inc. boosted its holdings in Innovex International by 150.3% during the second quarter. First Horizon Advisors Inc. now owns 3,367 shares of the company's stock worth $53,000 after purchasing an additional 2,022 shares during the last quarter. Tower Research Capital LLC TRC boosted its holdings in Innovex International by 418.1% during the second quarter. Tower Research Capital LLC TRC now owns 3,523 shares of the company's stock worth $55,000 after purchasing an additional 2,843 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in Innovex International by 264.9% during the first quarter. Smartleaf Asset Management LLC now owns 3,375 shares of the company's stock worth $60,000 after purchasing an additional 2,450 shares during the last quarter.

Innovex International Trading Up 2.2%

NYSE:INVX traded up $0.41 during trading hours on Friday, hitting $18.85. The stock had a trading volume of 296,537 shares, compared to its average volume of 398,607. Innovex International has a one year low of $11.93 and a one year high of $19.42. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.69 and a current ratio of 4.60. The company has a market cap of $1.30 billion, a price-to-earnings ratio of 6.52 and a beta of 0.74. The business's 50 day moving average is $16.95 and its 200-day moving average is $16.17.

Innovex International (NYSE:INVX - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.27 by $0.01. Innovex International had a net margin of 16.66% and a return on equity of 8.58%. The firm had revenue of $224.23 million during the quarter, compared to the consensus estimate of $230.00 million. Innovex International has set its Q3 2025 guidance at EPS.

About Innovex International

Innovex International, Inc engages in the provision of solutions for both onshore and offshore applications within the oil and gas industry. The company was founded on September 15, 2016 and is headquartered in Humble, TX.

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