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IRIDEX Earnings Estimate

IRIX Stock  USD 3.02  0.16  5.03%   
By analyzing IRIDEX's earnings estimates, investors can diagnose different trends across IRIDEX's analyst sentiment over time as well as compare current EPS estimates against different timeframes. Please be aware that the consensus of earnings estimates for IRIDEX is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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IRIDEX is projected to generate -0.12 in earnings per share on the 31st of March 2024. IRIDEX earnings estimates module stress-tests analyst consensus about projected IRIDEX EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as IRIDEX, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing IRIDEX's earnings estimates, investors can diagnose different trends across IRIDEX's analyst sentiment over time as well as compare current estimates against different timeframes. Gross Profit Margin is likely to rise to 0.54 in 2024, whereas Gross Profit is likely to drop slightly above 19 M in 2024.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IRIDEX. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy IRIDEX Stock please use our How to Invest in IRIDEX guide.

IRIDEX Earnings per Share Projection vs Actual

About IRIDEX Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of IRIDEX earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current IRIDEX estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as IRIDEX fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings-79 M-75.1 M
Retained Earnings Total Equity-51.2 M-48.7 M
Earnings Yield(0.27)(0.26)
Price Earnings Ratio(4.88)(4.64)
Price Earnings To Growth Ratio(0.1)(0.10)
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards IRIDEX in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, IRIDEX's short interest history, or implied volatility extrapolated from IRIDEX options trading.

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When determining whether IRIDEX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IRIDEX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Iridex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Iridex Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IRIDEX. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy IRIDEX Stock please use our How to Invest in IRIDEX guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running IRIDEX's price analysis, check to measure IRIDEX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IRIDEX is operating at the current time. Most of IRIDEX's value examination focuses on studying past and present price action to predict the probability of IRIDEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRIDEX's price. Additionally, you may evaluate how the addition of IRIDEX to your portfolios can decrease your overall portfolio volatility.
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Is IRIDEX's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IRIDEX. If investors know IRIDEX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IRIDEX listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.59)
Revenue Per Share
3.216
Quarterly Revenue Growth
(0.18)
Return On Assets
(0.16)
Return On Equity
(0.72)
The market value of IRIDEX is measured differently than its book value, which is the value of IRIDEX that is recorded on the company's balance sheet. Investors also form their own opinion of IRIDEX's value that differs from its market value or its book value, called intrinsic value, which is IRIDEX's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IRIDEX's market value can be influenced by many factors that don't directly affect IRIDEX's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IRIDEX's value and its price as these two are different measures arrived at by different means. Investors typically determine if IRIDEX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IRIDEX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.