Intuitive Machines (LUNR) Scheduled to Post Earnings on Tuesday

Intuitive Machines (NASDAQ:LUNR - Get Free Report) will be releasing its earnings data before the market opens on Tuesday, May 14th. Analysts expect Intuitive Machines to post earnings of ($0.14) per share for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.

Intuitive Machines (NASDAQ:LUNR - Get Free Report) last announced its quarterly earnings results on Monday, March 25th. The company reported ($0.11) EPS for the quarter, beating analysts' consensus estimates of ($0.12) by $0.01. The company had revenue of $30.56 million during the quarter, compared to analysts' expectations of $17.70 million. Intuitive Machines had a negative return on equity of 2.04% and a net margin of 78.98%. On average, analysts expect Intuitive Machines to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Intuitive Machines Price Performance

LUNR stock traded up $0.19 during midday trading on Tuesday, reaching $5.76. 2,054,320 shares of the stock were exchanged, compared to its average volume of 7,757,044. The company has a fifty day moving average price of $5.58 and a 200 day moving average price of $4.22. Intuitive Machines has a 52 week low of $2.09 and a 52 week high of $13.25. The stock has a market capitalization of $702.66 million, a PE ratio of 2.33 and a beta of 0.34.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on LUNR. Roth Mkm reissued a "buy" rating and set a $15.00 target price on shares of Intuitive Machines in a report on Thursday, April 4th. Benchmark reaffirmed a "buy" rating and issued a $10.00 price objective on shares of Intuitive Machines in a research note on Thursday, April 4th. Finally, Cantor Fitzgerald decreased their target price on shares of Intuitive Machines from $13.00 to $10.00 and set an "overweight" rating for the company in a research report on Friday, March 22nd.

Insider Activity at Intuitive Machines

In related news, major shareholder Guy Shanon sold 123,717 shares of the business's stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $8.99, for a total transaction of $1,112,215.83. Following the transaction, the insider now owns 1,302,673 shares in the company, valued at approximately $11,711,030.27. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 73.68% of the stock is owned by corporate insiders.

Intuitive Machines Company Profile

Intuitive Machines, Inc designs, manufactures, and operates space products and services in the United States. Its space systems and space infrastructure enable scientific and human exploration and utilization of lunar resources to support sustainable human presence on the moon. The company offers lunar access services, such µNova, lunar surface rover services, fixed lunar surface services, lunar orbit delivery services, rideshare delivery services to lunar orbit, as well as content sales and marketing sponsorships; and orbital services, including satellite delivery and rideshare, satellite servicing and refueling, space station servicing, satellite repositioning, and orbital debris removal.