Intapp Inc. (NASDAQ:INTA) does about 151.69K shares in volume on a normal day but saw 261067 shares change hands in Friday trading. The company now has a market cap of 2.60B USD. Its current market price is $38.97, marking an increase of 1.22% compared to the previous close of $38.50. The 52 week high reached by this stock is $39.46 whilst the lowest price level in 52 weeks is $13.52. The script in recent trading has seen the stock touch a high of $39.49 and a low of $37.65.
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Intapp Inc. (INTA) has a 20-day trading average at $32.40 and the current price is -1.24% off the 52-week high compared with 188.24% distance from its 52-week low. The 50-day simple moving average of the closing price is $28.21 and its 200-day simple moving average is $20.80. If we look at the stock’s price movements over the week, volatility stands at 5.93%, which decreases to 4.94% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 78.63 to suggest the stock is overbought.
8 analysts observing the Intapp Inc. (INTA) stock have set the 12-month price targets for the company’s shares at between $34.00 and $40.00. The consensus objective for the share price is $36.29, suggesting that the stock has a potential downside of -7.38% over the period. The median price target is -9.77% away from the current levels at $35.50.
FactSet Research has provided data showing that 8 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 1 advise that it is a overweight. 7 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on January 18, 2022 when Stifel resumed the stock to “Buy” and issued a price target of $44.
The current price level is 22.05%, 39.73%, and 87.98% away from its SMA20, SMA50, and SMA200 respectively, with the INTA price moving below the 50-day SMA on February 17. Intapp Inc. (INTA) stock is up 14.58% over the week and 38.73% over the past month. Its price is 56.26% year-to-date and 71.75% over the past year.
The stock last released its quarterly earnings report for quarter ended 12/30/2022, with the company’s earnings per share (EPS) of $0.03 above consensus estimates by $0.06. The company’s next earnings report is expected on 05/10/2023, with forecasts estimating quarterly EPS at $0 and $0.05 for whole year. INTA’s earnings per share are forecast to grow by 141.70% this year and 200.00% over next year. Expected sales for next quarter are $91.11 million, which analysts say will come at $342.9 million for the current fiscal year and next year at $394.48 million. In addition, estimates put the company’s current quarterly revenue at an average of $87.61 million.
Its 12-month price target is $35.50. To reach the target analysts have set, the stock logically needs to shrink -7.38 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $34.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $40.00.
Outstanding shares total 63.29M with insiders holding 11.32% of the shares and institutional holders owning 80.34% of the company’s common stock. The company has a return on investment of -38.50% and return on equity of -35.50%. The forward price to earnings ratio is 259.80. Price to book ratio is 9.74 and price to sales ratio is 8.39.
According to a U.S. Securities and Exchange Commission filing, Fidelity Advisor Series I -Growth has added its position in Intapp Inc. (INTA) to 1,610,092 shares, mirroring a recent increase by 6.49%. Fidelity Advisor Series I -Growth added 98118.0 shares of Intapp Inc. common stock bringing its total worth to about $46.66 million at the end of recent close, SEC documents show.
