Innovex International, Inc. (INVX)Energy | Oil & Gas Equipment & Services | Humble, United States | NYSE
25.88 USD
+0.16
(0.622%)
⇧
(July 15, 2026, 10:20 a.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:32 a.m. EDT
The investment case for Innovex International is currently broken by a severe multi-year structural decline. Despite a recent catalyst of being added to the Russell 2000 index, the stock has lost over 71% of its value since 2016, with the last two years showing consecutive negative returns. Fundamentals are deteriorating: revenue is flat (-0.6%), and the return on equity has stagnated at just 5.2%. The balance sheet, while not insolvent, shows a concerning debt-to-equity ratio of 7.4x, which is risky for a cyclical energy equipment play. The lack of any dividend history eliminates income appeal entirely. While the forward P/E looks attractive at 13x, this likely reflects the market's deep skepticism about the company's ability to reverse its downward trajectory. The options market confirms this pessimism, with traders buying heavy put protection rather than betting on a recovery. Until there is clear evidence of sustained revenue growth and margin expansion, this remains a speculative hold with significant downside risk. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.060288 |
| AutoARIMA | 0.060288 |
| MSTL | 0.060670 |
| AutoTheta | 0.065488 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 45% |
| H-stat | 0.61 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.479 |
| Excess Kurtosis | -0.78 |
| Attribute | Value |
|---|---|
| Sector | Energy |
| Debt to Equity Ratio | 7.392 |
| Revenue per Share | 14.174 |
| Market Cap | 1,806,951,680 |
| Trailing P/E | 34.51 |
| Forward P/E | 13.26 |
| Profit Margins | 5.31% |
| Website | https://www.innovex-inc.com |
As of July 11, 2026, 5:32 a.m. EDT: Speculators are overwhelmingly positioning for downside protection rather than upside participation. Put open interest dominates the landscape, with significant concentration at strikes below the current price (e.g., $22.50), while call activity is sparse and heavily skewed toward out-of-the-money strikes ($30-$35). Implied volatility is notably elevated for puts compared to calls, indicating a market pricing in a higher probability of a drop than a rally.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.658285 |
| Address1 | 19,120 Kenswick Dr |
| All Time High | 121.07 |
| All Time Low | 5.78 |
| Ask | 26.08 |
| Ask Size | 200 |
| Audit Risk | 10 |
| Average Daily Volume10 Day | 347,130 |
| Average Daily Volume3 Month | 427,259 |
| Average Volume | 427,259 |
| Average Volume10Days | 347,130 |
| Bid | 25.63 |
| Bid Size | 300 |
| Board Risk | 2 |
| Book Value | 15.02 |
| City | Humble |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 2 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 25.88 |
| Current Ratio | 5.095 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 26.095 |
| Day Low | 25.68 |
| Debt To Equity | 7.392 |
| Display Name | Innovex |
| Earnings Call Timestamp End | 1,777,986,000 |
| Earnings Call Timestamp Start | 1,777,986,000 |
| Earnings Timestamp | 1,777,924,800 |
| Earnings Timestamp End | 1,777,924,800 |
| Earnings Timestamp Start | 1,777,924,800 |
| Ebitda | 175,523,008 |
| Ebitda Margins | 0.17968 |
| Enterprise To Ebitda | 9.324 |
| Enterprise To Revenue | 1.675 |
| Enterprise Value | 1,636,529,920 |
| Eps Current Year | 1.41987 |
| Eps Forward | 1.9524 |
| Eps Trailing Twelve Months | 0.75 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 27.0522 |
| Fifty Day Average Change | -1.1722012 |
| Fifty Day Average Change Percent | -0.043331083 |
| Fifty Two Week Change Percent | 65.8285 |
| Fifty Two Week High | 32.25 |
| Fifty Two Week High Change | -6.370001 |
| Fifty Two Week High Change Percent | -0.1975194 |
| Fifty Two Week Low | 14.65 |
| Fifty Two Week Low Change | 11.23 |
| Fifty Two Week Low Change Percent | 0.76655287 |
| Fifty Two Week Range | 14.65 - 32.25 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 877,613,400,000 |
| Float Shares | 45,306,438 |
| Forward Eps | 1.9524 |
| Forward P E | 13.25548 |
| Free Cashflow | 135,284,752 |
| Full Exchange Name | NYSE |
| Full Time Employees | 2,160 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.31866 |
| Gross Profits | 311,284,992 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01622 |
| Held Percent Institutions | 1.07279 |
| Implied Shares Outstanding | 69,820,389 |
| Industry | Oil & Gas Equipment & Services |
| Industry Disp | Oil & Gas Equipment & Services |
| Industry Key | oil-gas-equipment-services |
| Ir Website | http://phx.corporate-ir.net/phoenix.zhtml?c=100535&p=irol-irhome |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,160,092,800 |
| Last Split Factor | 2:1 |
| Long Business Summary | Innovex International, Inc. designs, manufactures, sells, and rents mission critical engineered products to the oil and natural gas industry worldwide. It provides drilling enhancement tools to optimize drilling performance, increase rate of penetration, and mitigate downhole challenges; and fishing and intervention which supports workover, intervention, drilling and completion activities, as well as manufactures and sells products including external catch tools, internal catch tools, and other related fishing and remedial tools. The company also offers well production solutions comprising products and services that enable artificial lift in wells and provides artificial lift accessory products and services, as well as wellhead penetrators, tubing hangers and adapters, ESP cable management, and spooling services; service, mileage, and others; subsea equipment and engineered systems for offshore applications, including subsea wellheads, subsea connectors, casing connectors, deepwater centralization solutions, and diverter systems; and surface wellhead systems. In addition, it provides well completion portfolio comprising products used to enable a well to be stimulated and put on production, such as liner hanger systems, toe initiation products, frac plugs, completion packers, casing flotation products, and related completion accessories; and well construction portfolio that consists of products designed to ensure the structural integrity of the wellbore. Further, the company offers products utilized to support effective cement placement between the wellbore and casing. It sells and rents its products to international and national oil companies, independent exploration and production companies, and multinational service companies. Its products have applications in the onshore and offshore oil and natural gas wells, including well construction, well completion, and well production and intervention. The company was founded in 2016 and is headquartered in Humble, Texas. |
| Long Name | Innovex International, Inc. |
| Market | us_market |
| Market Cap | 1,806,951,680 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_413892254 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | 51,870,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,795,780,405 |
| Number Of Analyst Opinions | 5 |
| Open | 26.05 |
| Operating Cashflow | 179,662,000 |
| Operating Margins | 0.121190004 |
| Overall Risk | 5 |
| Payout Ratio | 0.0 |
| Phone | 346 398 0000 |
| Previous Close | 25.72 |
| Price Eps Current Year | 18.22702 |
| Price Hint | 2 |
| Price To Book | 1.7230358 |
| Price To Sales Trailing12 Months | 1.8497417 |
| Profit Margins | 0.0531 |
| Quick Ratio | 3.303 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.15999985 |
| Regular Market Change Percent | 0.6220834 |
| Regular Market Day High | 26.095 |
| Regular Market Day Low | 25.68 |
| Regular Market Day Range | 25.68 - 26.095 |
| Regular Market Open | 26.05 |
| Regular Market Previous Close | 25.72 |
| Regular Market Price | 25.88 |
| Regular Market Time | 1,784,125,252 |
| Regular Market Volume | 9,569 |
| Return On Assets | 0.05712 |
| Return On Equity | 0.05163 |
| Revenue Growth | -0.006 |
| Revenue Per Share | 14.174 |
| Sand P52 Week Change | 0.2043345 |
| Sector | Energy |
| Sector Disp | Energy |
| Sector Key | energy |
| Share Holder Rights Risk | 5 |
| Shares Outstanding | 69,820,389 |
| Shares Percent Shares Out | 0.0414 |
| Shares Short | 2,848,425 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 3,176,120 |
| Short Name | Innovex International, Inc. |
| Short Percent Of Float | 0.0757 |
| Short Ratio | 5.82 |
| Source Interval | 15 |
| State | TX |
| Symbol | INVX |
| Target High Price | 35.0 |
| Target Low Price | 26.0 |
| Target Mean Price | 33.0 |
| Target Median Price | 35.0 |
| Total Cash | 208,172,992 |
| Total Cash Per Share | 3.028 |
| Total Debt | 76,204,000 |
| Total Revenue | 976,867,008 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 0.75 |
| Trailing P E | 34.506664 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 24.241 |
| Two Hundred Day Average Change | 1.6389999 |
| Two Hundred Day Average Change Percent | 0.06761272 |
| Type Disp | Equity |
| Volume | 9,569 |
| Website | https://www.innovex-inc.com |
| Zip | 77,338 |