Inmode Stock Today

INMD Stock  USD 17.34  0.11  0.63%   

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Odds Of Distress

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InMode is trading at 17.34 as of the 19th of April 2024, a -0.63 percent decrease since the beginning of the trading day. The stock's lowest day price was 17.29. InMode has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for InMode are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
8th of August 2019
Category
Healthcare
Classification
Health Care
InMode Ltd. designs, develops, manufactures, and markets minimally invasive aesthetic medical products based on its proprietary radiofrequency assisted lipolysis and deep subdermal fractional radiofrequency technologies in the United States and internationally. The company has 84.62 M outstanding shares of which 5.91 M shares are currently shorted by private and institutional investors with about 4.98 trading days to cover. More on InMode

Moving together with InMode Stock

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Moving against InMode Stock

  0.8GCTK GlucoTrackPairCorr
  0.59ELMD ElectromedPairCorr

InMode Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. InMode's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding InMode or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President AmericaShakil Lakhani
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Analysts covering InMode report their recommendations after researching InMode's financial statements, talking to executives and customers, or listening in on InMode's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering InMode. The InMode consensus assessment is calculated by taking the average forecast from all of the analysts covering InMode.
Financial Strength
Based on the measurements of operating efficiency obtained from InMode's historical financial statements, InMode may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of InMode is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.220.2293
Sufficiently Down
Slightly volatile
Asset Turnover0.950.57
Way Up
Slightly volatile
Gross Profit Margin0.940.836
Moderately Up
Slightly volatile
Total Current Liabilities43.4 M64.1 M
Way Down
Slightly volatile
Non Current Liabilities Total8.7 M11.8 M
Way Down
Slightly volatile
Total Assets906.5 M863.3 M
Sufficiently Up
Slightly volatile
Total Current Assets887.6 M845.3 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities100.3 M176.8 M
Way Down
Slightly volatile
InMode's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to InMode's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand InMode's financial leverage. It provides some insight into what part of InMode's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on InMode's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how InMode deploys its capital and how much of that capital is borrowed.
Liquidity
InMode cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 9.02 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. InMode has a current ratio of 9.55, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist InMode until it has trouble settling it off, either with new capital or with free cash flow. So, InMode's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like InMode sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for InMode to invest in growth at high rates of return. When we think about InMode's use of debt, we should always consider it together with cash and equity.

Change To Inventory

(5.46 Million)
InMode (INMD) is traded on NASDAQ Exchange in USA. It is located in Tavor Building, Yokne'am, Israel, 2069206 and employs 581 people. InMode is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.47 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate InMode's market, we take the total number of its shares issued and multiply it by InMode's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. InMode conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 84.62 M outstanding shares of which 5.91 M shares are currently shorted by private and institutional investors with about 4.98 trading days to cover. InMode currently holds about 486.39 M in cash with 176.83 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.91.
Check InMode Probability Of Bankruptcy
Ownership Allocation
InMode has a total of 84.62 Million outstanding shares. Over half of InMode's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in InMode. Please watch out for any change in the institutional holdings of InMode as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check InMode Ownership Details

InMode Stock Price Odds Analysis

What are InMode's target price odds to finish over the current price? Based on a normal probability distribution, the odds of InMode jumping above the current price in 90 days from now is about 98.0%. The InMode probability density function shows the probability of InMode stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.4459. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, InMode will likely underperform. Additionally, inMode has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 17.34HorizonTargetOdds Above 17.34
1.52%90 days
 17.34 
98.47%
Based on a normal probability distribution, the odds of InMode to move above the current price in 90 days from now is about 98.0 (This InMode probability density function shows the probability of InMode Stock to fall within a particular range of prices over 90 days) .

InMode Stock Institutional Holders

Institutional Holdings refers to the ownership stake in InMode that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of InMode's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing InMode's value.
InstituionRecorded OnShares
American Century Companies Inc2023-12-31
974.8 K
Geode Capital Management, Llc2023-09-30
907.6 K
Vanguard Group Inc2023-09-30
889 K
Nuveen Asset Management, Llc2023-09-30
866.7 K
Congress Asset Management Company, Llp2023-09-30
862.9 K
Ws Portfolio Advisory Llc2023-12-31
790.7 K
Ubs Group Ag2023-09-30
753 K
Migdal Insurance & Financial Holdings Ltd2023-09-30
739.2 K
Morgan Stanley - Brokerage Accounts2023-09-30
732.9 K
Blackrock Inc2023-09-30
5.5 M
Acadian Asset Management Llc2023-09-30
2.2 M
View InMode Diagnostics

InMode Historical Income Statement

InMode Income Statement is one of the three primary financial statements used for reporting InMode's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of InMode revenue and expense. InMode Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, InMode's Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 4.4 M, whereas Total Revenue is forecasted to decline to about 253.4 M. View More Fundamentals

InMode Stock Against Markets

Picking the right benchmark for InMode stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in InMode stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for InMode is critical whether you are bullish or bearish towards InMode at a given time. Please also check how InMode's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in InMode without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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InMode Corporate Management

Elected by the shareholders, the InMode's board of directors comprises two types of representatives: InMode inside directors who are chosen from within the company, and outside directors, selected externally and held independent of InMode. The board's role is to monitor InMode's management team and ensure that shareholders' interests are well served. InMode's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, InMode's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael KreindelCTO DirectorProfile
Yair MalcaChief OfficerProfile
Alon YaariVice OperationsProfile
Spero MDChief OfficerProfile
Moshe MizrahyChairman CEOProfile
Nava TalLaunerChief OfficerProfile

How to buy InMode Stock?

Before investing in InMode, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in InMode. To buy InMode stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of InMode. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase InMode stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located InMode stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased InMode stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as InMode, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy InMode Stock please use our How to Invest in InMode guide.

Already Invested in InMode?

The danger of trading InMode is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of InMode is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than InMode. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile InMode is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether InMode is a strong investment it is important to analyze InMode's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact InMode's future performance. For an informed investment choice regarding InMode Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InMode. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade InMode Stock refer to our How to Trade InMode Stock guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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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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Is InMode's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of InMode. If investors know InMode will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about InMode listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.445
Earnings Share
2.3
Revenue Per Share
5.89
Quarterly Revenue Growth
(0.05)
Return On Assets
0.1622
The market value of InMode is measured differently than its book value, which is the value of InMode that is recorded on the company's balance sheet. Investors also form their own opinion of InMode's value that differs from its market value or its book value, called intrinsic value, which is InMode's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because InMode's market value can be influenced by many factors that don't directly affect InMode's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between InMode's value and its price as these two are different measures arrived at by different means. Investors typically determine if InMode is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InMode's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.