Inogen Inc (NASDAQ: INGN) has reported E.P.S. of $-0.25 for its third fiscal quarter (ending September 30) versus $-1.97 for the same period a year ago — a decline of -87%. For the latest four quarters through September 30, E.P.S. were $-2.25 versus $-5.75 for the same period a year ago — a decline of -61%.
Recent Price Action
Inogen Inc (NASDAQ: INGN) stock closed at $9.46 on 11/7/24 after a modest decline of -1.1%. Moreover, trading volume in this decline was unusually high at 151% of normal. The stock has risen 2.0% during the last week and has been exceptionally strong relative to the market over the last nine months.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Inogen has a poor Appreciation Score of 27 but a good Power Rating of 82, resulting in the Neutral Value Trend Rating.
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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