Inogen Inc (NASDAQ: INGN) has reported a loss for its second fiscal quarter (ending June 30) of $-0.24 versus a loss $-0.42 for the same period a year ago. This result exceeded the consensus estimate of $-0.39 by $0.15. For the latest four quarters through June 30, E.P.S. were $-3.97 versus $-4.20 for the same period a year ago.
Recent Price Action
Inogen Inc (NASDAQ: INGN) stock closed at $8.15 on 8/6/24 after a slight decline of -0.4%. Moreover, this decline was accompanied by above average trading volume at 125% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -12.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, INGN is expected to continue to be Value Creation neutral.
Inogen has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Inogen has a poor Appreciation Score of 23 but a very high Power Rating of 88, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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