Is Now The Time To Put InMode On Your Watchlist?

Is Now The Time To Put InMode On Your Watchlist?

InMode’s (NASDAQ: INMD) EPS soared from US$1.85 to US$2.55 over the last year. That’s an impressive gain of 38%. Revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. InMode is growing revenues, and EBIT margins improved 40% over the last year. That’s great to see, on both counts.

I like company leaders to have some skin in the game because it increases alignment of incentives between the people running the business and its true owners. I’m encouraged by the fact that insiders own InMode shares worth a considerable sum that equates to 24% of the company, making insiders powerful and aligned with other shareholders. Very encouraging.

Read the article here.