Iridex Stock Analysis

IRIDEX Stock Analysis Notes

About 21.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.67. 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

IRIDEX Upcoming and Recent Events

IRIDEX Largest EPS Surprises

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IRIDEX Stock Institutional Investors

Note, although IRIDEX's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

IRIDEX Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 28.95 M.

IRIDEX Profitablity

The company has Profit Margin (PM) of (0.23) %, 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 (0.16) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.16.

Management Efficiency

IRIDEX has return on total asset (ROA) of (0.2089) % which means that it has lost $0.2089 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.5028) %, meaning that it created substantial loss on money invested by shareholders. IRIDEX's management efficiency ratios could be used to measure how well IRIDEX manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to -0.21 in 2024. Return On Capital Employed is likely to rise to -0.28 in 2024. At this time, IRIDEX's Total Assets are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 1.5 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 4.4 M in 2024.

Technical Drivers

As of the 22nd of November, IRIDEX retains the Market Risk Adjusted Performance of (0.15), coefficient of variation of (4,725), and Risk Adjusted Performance of (0.01). 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.

IRIDEX Price Movement Analysis

IRIDEX Insider Trading Activities

IRIDEX Outstanding Bonds

IRIDEX Predictive Daily Indicators

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.

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.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. IRIDEX analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. IRIDEX analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

IRIDEX stock analysis indicators help investors evaluate how IRIDEX stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading IRIDEX shares will generate the highest return on investment. By understating and applying IRIDEX stock analysis, traders can identify IRIDEX position entry and exit signals to maximize returns.

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.