Innovex International (NYSE:INVX) Releases Earnings Results, Beats Expectations By $0.01 EPS

Key Points

• Innovex International reported earnings of $0.28 per share, exceeding analysts' expectations of $0.27 by $0.01.
• The company's net margin stood at 16.68%, with a return on equity of 7.14%.
• After the earnings release, shares of Innovex International rose by $0.60, reaching a price of $16.58.

Innovex International (NYSE:INVX - Get Free Report) issued its quarterly earnings data on Tuesday. The company reported $0.28 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $0.01, Zacks reports. Innovex International had a net margin of 16.68% and a return on equity of 7.14%. Innovex International updated its Q3 2025 guidance to EPS.

Innovex International Price Performance

Shares of INVX traded up $0.60 during trading hours on Tuesday, hitting $16.58. The stock had a trading volume of 390,730 shares, compared to its average volume of 390,020. The company's fifty day moving average is $15.91 and its two-hundred day moving average is $16.17. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.34 and a quick ratio of 2.49. Innovex International has a 52 week low of $11.93 and a 52 week high of $19.42. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 6.33 and a beta of 0.79.

Institutional Investors Weigh In On Innovex International

Several large investors have recently made changes to their positions in the company. AQR Capital Management LLC acquired a new stake in shares of Innovex International in the 1st quarter valued at $269,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Innovex International by 7.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,093 shares of the company's stock valued at $379,000 after purchasing an additional 1,467 shares during the period. Caxton Associates LLP acquired a new position in Innovex International during the 1st quarter valued at about $270,000. Empowered Funds LLC lifted its position in Innovex International by 8.2% during the 1st quarter. Empowered Funds LLC now owns 58,131 shares of the company's stock valued at $1,044,000 after purchasing an additional 4,386 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Innovex International by 11.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 98,225 shares of the company's stock valued at $1,764,000 after purchasing an additional 10,401 shares during the period.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Barclays cut their target price on shares of Innovex International from $16.00 to $13.00 and set an "underweight" rating for the company in a research note on Friday, May 9th. Wall Street Zen cut shares of Innovex International from a "buy" rating to a "hold" rating in a research note on Saturday, July 5th. Johnson Rice raised shares of Innovex International to a "strong-buy" rating in a report on Friday, May 30th. Finally, Piper Sandler started coverage on shares of Innovex International in a report on Tuesday, July 15th. They issued an "overweight" rating and a $20.00 price target on the stock. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $16.50.

Innovex International Company Profile

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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