InMode Q2 2024 Earnings Call Transcript

INMD Stock  USD 19.53  0.04  0.21%   
About 53% of InMode's shareholders are presently thinking to get in. The analysis of overall sentiment of trading InMode stock suggests that some investors are interested at this time. The current market sentiment, together with InMode's historical and current headlines, can help investors time the market. In addition, many technical investors use InMode stock news signals to limit their universe of possible portfolio assets.
  
INMD earnings call for the period ending June 30, 2024.

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InMode Current Investor Sentiment

Panic Vs Confidence

53

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use InMode's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward InMode.

InMode Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards InMode can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

InMode Historical Investor Sentiment

Investor biases related to InMode's public news can be used to forecast risks associated with an investment in InMode. The trend in average sentiment can be used to explain how an investor holding InMode can time the market purely based on public headlines and social activities around InMode. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
InMode's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for InMode and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average InMode news discussions. The higher the estimate score, the more favorable the investor's outlook on InMode.

InMode Fundamental Analysis

We analyze InMode's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of InMode using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of InMode based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Price To Earnings To Growth

Price To Earnings To Growth Comparative Analysis

InMode is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.

InMode Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with InMode stock to make a market-neutral strategy. Peer analysis of InMode could also be used in its relative valuation, which is a method of valuing InMode by comparing valuation metrics with similar companies.

Peers

InMode Related Equities

NARIInari Medical   1.74   
0%
92.0%
ALGNAlign Technology   1.35   
0%
71.0%
SYKStryker   1.03   
0%
54.0%
MDTMedtronic PLC   0.31   
0%
16.0%
ZBHZimmer Biomet   0.07   
0%
3.0%
PODDInsulet   0.05   
2.0%
0%
BSXBoston Scientific   0.1   
5.0%
0%
DXCMDexCom   0.14   
7.0%
0%
ABTAbbott Laboratories   0.15   
7.0%
0%
TMDXTransMedics   0.46   
24.0%
0%
INSPInspire Medical   0.64   
33.0%
0%
EWEdwards Lifesciences   1.00   
52.0%
0%
TNDMTandem Diabetes   1.89   
100.0%
0%

Complementary Tools for InMode Stock analysis

When running InMode's price analysis, check to measure InMode's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy InMode is operating at the current time. Most of InMode's value examination focuses on studying past and present price action to predict the probability of InMode's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InMode's price. Additionally, you may evaluate how the addition of InMode to your portfolios can decrease your overall portfolio volatility.
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