Inotiv Inc Q4 2024 Everything You Need To Know Ahead Of Earnings
NOTV Stock | USD 4.84 0.92 23.47% |
Slightly above 73 percent of all Inotiv's sophisticated investors are curious in acquiring. The analysis of overall sentiment of trading Inotiv Inc stock suggests that a large number of investors are confidant at this time. Inotiv's investing sentiment can be driven by a variety of factors including economic data, Inotiv's earnings reports, geopolitical events, and overall market trends.
Inotiv |
Inotiv Inc is set to release its Q4 2024 earnings on Dec 3, 2024. The consensus estimate for Q4 2024 revenue is 116.94 million, and the earnings are expected to come in at -0.98 per share. The full year 2024s revenue is expected to be 477.25 million, and the earnings are expected to be -4.44 per share.
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Inotiv Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Inotiv 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.
Inotiv Fundamental Analysis
We analyze Inotiv's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Inotiv using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Inotiv 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.
Net Income
Net Income Comparative Analysis
Inotiv is currently under evaluation in net income category among its peers. Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Inotiv Inc 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 Inotiv stock to make a market-neutral strategy. Peer analysis of Inotiv could also be used in its relative valuation, which is a method of valuing Inotiv by comparing valuation metrics with similar companies.
Peers
Inotiv Related Equities
SERA | Sera Prognostics | 7.17 | ||||
MDXH | MDxHealth | 6.36 | ||||
DRIO | DarioHealth Corp | 4.41 | ||||
SHC | Sotera Health | 0.75 | ||||
STIM | Neuronetics | 0.87 | ||||
FONR | Fonar | 1.16 | ||||
XGN | Exagen | 4.30 | ||||
BNR | Burning Rock | 4.42 |
Additional Tools for Inotiv Stock Analysis
When running Inotiv's price analysis, check to measure Inotiv'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 Inotiv is operating at the current time. Most of Inotiv's value examination focuses on studying past and present price action to predict the probability of Inotiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inotiv's price. Additionally, you may evaluate how the addition of Inotiv to your portfolios can decrease your overall portfolio volatility.