Iridex Stock Analysis
| IRIX Stock | USD 3.17 0.18 5.37% |
IRIDEX is fairly valued with Real Value of 3.22 and Hype Value of 3.17. The main objective of IRIDEX stock analysis is to determine its intrinsic value, which is an estimate of what IRIDEX is worth, separate from its market price. There are two main types of IRIDEX's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect IRIDEX's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of IRIDEX's stock to identify patterns and trends that may indicate its future price movements.
The IRIDEX stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. IRIDEX is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. IRIDEX Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and IRIDEX's ongoing operational relationships across important fundamental and technical indicators.
IRIDEX |
IRIDEX Stock Analysis Notes
About 25.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.59. IRIDEX last dividend was issued on the 30th of September 2010. IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology. IRIDEX Corporation was incorporated in 1989 and is headquartered in Mountain View, California. Iridex Cp operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 119 people. To learn more about IRIDEX call David Bruce at 650 940 4700 or check out https://www.iridex.com.IRIDEX Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. IRIDEX's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding IRIDEX or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| IRIDEX had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 51.87 M. Net Loss for the year was (9.57 M) with profit before overhead, payroll, taxes, and interest of 25.37 M. | |
| IRIDEX currently holds about 17.97 M in cash with (6.75 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.12. | |
| Roughly 25.0% of the company shares are held by company insiders |
IRIDEX Upcoming and Recent Events
Earnings reports are used by IRIDEX to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to IRIDEX previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
IRIDEX Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 54.45 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate IRIDEX's market, we take the total number of its shares issued and multiply it by IRIDEX's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.IRIDEX Profitablity
IRIDEX's profitability indicators refer to fundamental financial ratios that showcase IRIDEX's ability to generate income relative to its revenue or operating costs. If, let's say, IRIDEX is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, IRIDEX's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of IRIDEX's profitability requires more research than a typical breakdown of IRIDEX's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.18) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.25) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.25. Technical Drivers
As of the 16th of April 2024, IRIDEX retains the Market Risk Adjusted Performance of 0.1232, risk adjusted performance of 0.0493, and Semi Deviation of 3.62. IRIDEX technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for IRIDEX, which can be compared to its competitors. Please check out IRIDEX downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if IRIDEX is priced correctly, providing market reflects its last-minute price of 3.17 per share. Given that IRIDEX has jensen alpha of 0.1484, we strongly advise you to confirm IRIDEX's regular market performance to make sure the company can sustain itself at some point in the future.IRIDEX Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. IRIDEX middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for IRIDEX. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
IRIDEX Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific IRIDEX insiders, such as employees or executives, is commonly permitted as long as it does not rely on IRIDEX's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases IRIDEX insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Scott Shuda over two weeks ago Acquisition by Scott Shuda of 267 shares of IRIDEX at 1.91 subject to Rule 16b-3 | ||
Ludlum Ken over three weeks ago Acquisition by Ludlum Ken of 18348 shares of IRIDEX subject to Rule 16b-3 | ||
Ronald Steckel over three months ago Exercise or conversion by Ronald Steckel of 6250 shares of IRIDEX subject to Rule 16b-3 |
IRIDEX Predictive Daily Indicators
IRIDEX intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of IRIDEX stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
IRIDEX Forecast Models
IRIDEX's time-series forecasting models are one of many IRIDEX's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary IRIDEX's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About IRIDEX Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how IRIDEX prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling IRIDEX shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as IRIDEX. By using and applying IRIDEX Stock analysis, traders can create a robust methodology for identifying IRIDEX entry and exit points for their positions.
IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology. IRIDEX Corporation was incorporated in 1989 and is headquartered in Mountain View, California. Iridex Cp operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 119 people.
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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 Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for IRIDEX Stock analysis
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.
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.