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How to buy InMode (INMD) stocks in Canada
Learn how to easily invest in InMode stocks.
InMode is a medical devices business based in the US. InMode stocks (INMD.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $92.96 – a decrease of 14.63% over the previous week. InMode employs 311 staff and has a trailing 12-month revenue of around $322.2 million.
How to buy shares in InMode
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – INMD – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in InMode?
- Has coronavirus impacted InMode shares?
- InMode shares summary
- Compare share dealing platforms
- Is InMode stock a buy or sell?
- InMode performance over time
- Are InMode shares over-valued?
- InMode's financials
- How volatile are InMode shares?
- Does InMode pay a dividend?
- Have InMode shares ever split?
- Other common questions
InMode stock price (NASDAQ:INMD)Use our graph to track the performance of INMD stocks over time.
InMode shares at a glance
|Latest market close||$44.92|
|52-week range||$28.51 - $99.27|
|50-day moving average||$74.19|
|200-day moving average||$61.22|
|Wall St. target price||$95.00|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$1.74|
Compare online stock trading platforms
Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy InMode stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
InMode price performance over time
|1 week (2022-01-14)||-10.16%|
|1 month (2021-12-21)||-36.20%|
|3 months (2021-10-21)||-46.49%|
|6 months (2021-07-21)||-59.97%|
|1 year (2021-01-21)||-23.28%|
|2 years (2020-01-21)||-4.41%|
|3 years (2019-01-17)||N/A|
|5 years (2017-01-17)||N/A|
Is InMode under- or over-valued?
Valuing InMode stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of InMode's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
InMode's P/E ratio
InMode's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 29x. In other words, InMode shares trade at around 29x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
InMode's PEG ratio
InMode's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.4277. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into InMode's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
InMode's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $149.3 million.
The EBITDA is a measure of a InMode's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$322.2 million|
|Operating margin TTM||46.17%|
|Gross profit TTM||$175.3 million|
|Return on assets TTM||25.76%|
|Return on equity TTM||48.2%|
|Market capitalisation||$3.8 billion|
TTM: trailing 12 months
InMode share dividends
We're not expecting InMode to pay a dividend over the next 12 months.
Have InMode's shares ever split?
InMode's shares were split on a 2:1 basis on 30 September 2021. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your InMode shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for InMode shares which in turn could have impacted InMode's share price.
InMode share price volatility
Over the last 12 months, InMode's shares have ranged in value from as little as $28.505 up to $99.27. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while InMode's is 1.672. This would suggest that InMode's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
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. The company offers minimally-invasive aesthetic medical products for various procedures, such as liposuction with simultaneous skin tightening, body and face contouring, and ablative skin rejuvenation treatments. It also designs, develops, manufactures, and markets non-invasive medical aesthetic products that target an array of procedures, including permanent hair reduction, facial skin rejuvenation, wrinkle reduction, cellulite treatment, skin appearance and texture, and superficial benign vascular and pigmented lesions, as well as hands-free medical aesthetic products that target a range of procedures, such as skin tightening, fat reduction, and muscle stimulation. InMode Ltd. offers its products directly in United States, Canada, United Kingdom, Spain, India, Australia, and France, as well as through distributors in 47 countries. The company was formerly known as Invasix Ltd.
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