INMD Stock Recent News
INMD LATEST HEADLINES
In the closing of the recent trading day, InMode (INMD) stood at $24.03, denoting a -0.99% change from the preceding trading day.
In the latest trading session, InMode (INMD) closed at $22.72, marking a -1.17% move from the previous day.
InMode (INMD) concluded the recent trading session at $22.99, signifying a -0.35% move from its prior day's close.
InMode: Good Margin Of Safety At Current Levels
In the closing of the recent trading day, InMode (INMD) stood at $21.88, denoting a +1.44% change from the preceding trading day.
In the most recent trading session, InMode (INMD) closed at $21.37, indicating a +1.96% shift from the previous trading day.
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In the closing of the recent trading day, InMode (INMD) stood at $21.01, denoting a +0.05% change from the preceding trading day.
InMode has a depressed valuation with a forward P/E of 8.70 in 2024. The company is facing challenges with falling revenue and EBITDA, despite being highly profitable. The weakening of Covid pent-up demand adds an interesting layer to the investment landscape.
INMD continues to report robust consumable sales, with the downgraded FY2023 top-line guidance only attributed to the elevated interest rate environment.