Innovex International (INVX) Expected to Announce Earnings on Thursday

Innovex International (NYSE:INVX) is expected to release its earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.32 per share for the quarter. Innovex International has set its Q1 2025 guidance at EPS.

Innovex International (NYSE:INVX) last announced its earnings results on Tuesday, February 25th. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.26 by $0.21. Innovex International had a negative return on equity of 0.73% and a net margin of 12.31%. The company had revenue of $250.69 million for the quarter.

Innovex International Stock Performance

Shares of INVX opened at $15.77 on Wednesday. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of 11.18 and a beta of 0.78. Innovex International has a 52-week low of $12.54 and a 52-week high of $19.80. The firm has a 50 day simple moving average of $16.79. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.17 and a current ratio of 3.87.

Analyst Upgrades and Downgrades

INVX has been the topic of a number of research analyst reports. Barclays increased their price objective on shares of Innovex International from $15.00 to $16.00 and gave the stock an “underweight” rating in a research report on Wednesday, March 5th. Pickering Energy Partners upgraded Innovex International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 14th.

About Innovex International

Innovex International, Inc engages in the provision of solutions for both onshore and offshore applications within the oil and gas industry. The company was founded on September 15, 2016 and is headquartered in Humble, TX.