Innovex International (INVX) Projected to Post Earnings on Thursday

Innovex International (NYSE:INVX - Get Free Report) is anticipated to issue its quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.32 per share for the quarter. Innovex International has set its Q1 2025 guidance at EPS.

Innovex International (NYSE:INVX - Get Free Report) last issued its earnings results on Tuesday, February 25th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.21. The company had revenue of $250.69 million for the quarter. Innovex International had a net margin of 12.31% and a negative return on equity of 0.73%.

Innovex International Stock Down 1.8 %

INVX traded down $0.29 during mid-day trading on Monday, reaching $15.62. 104,577 shares of the company traded hands, compared to its average volume of 415,061. The stock's fifty day moving average is $16.84. The firm has a market cap of $1.08 billion, a PE ratio of 11.08 and a beta of 0.78. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.87 and a quick ratio of 2.17. Innovex International has a 52-week low of $12.54 and a 52-week high of $20.14.

Analyst Upgrades and Downgrades

INVX has been the topic of a number of recent research reports. Barclays increased their target price on Innovex International from $15.00 to $16.00 and gave the company an "underweight" rating in a report on Wednesday, March 5th. Pickering Energy Partners upgraded shares of Innovex International from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 14th.

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.