IRIDEX Corporation ( IRIX) Stock. Should you Buy or Sell? $ 2.56
0.04 (1.54 %)
IRIDEX Corporation Analysis
Updated on 10-09-2022| Symbol | IRIX |
| Price | $2.56 |
| Beta | 1.316 |
| Volume Avg. | $44.89 thousand |
| Market Cap | $40.92 M |
| 52 Week Range | $2.4 - $9.46 |
IRIDEX Corporation opened the day at $2.56 which is +'1.54 % on yesterday's close. IRIDEX Corporation has a 52 week high of $9.46 and 52 week low of $2.4, which is a difference of $7.06. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $40.92 M and total net profit is $53903000 which means the company is trading at 0.76 times profit to market capitalization. Theoretically, if you were to buy IRIDEX Corporation for $40.92 M, it would take 15 years to get your money back. IRIDEX Corporation are in the Medical Devices space which will have a sweet spot and industry standard for net profit multiples.
Price Chart
Financials
IRIDEX Corporation Stock Forecast - Is IRIDEX Corporation a Buy or Sell?
| DCF Score | Strong Buy | |
| ROE Score | Sell | |
| ROA Score | Neutral | |
| DE Score | Buy | |
| PE Score | Strong Sell | |
| PB Score | Strong Buy | |
| Overall Recommendation | Buy |
Growth and Value
| PE Ratio | -4.404 |
| Dividend Yiel | 0.000 |
| Net Profit Margin | -0.319 |
Valuing IRIDEX Corporation
| Price Book Value Ratio | 2.094 | Price To Book Ratio | 2.094 |
| Price To Sales Ratio | 1.405 | Price Earnings Ratio | -4.404 |
How liquid is IRIDEX Corporation
| Current Ratio | 3.193 |
| Quick Ratio | 2.006 |
Debt
| Debt Ratio | 0.574 | Debt Equity Ratio | 1.349 |
| Long Term Debt To Capitalization | 0.059 | Total Debt To Capitalization | 0.102 |
Latest news about IRIDEX Corporation
The stock price of IRIDEX (IRIX) fell by 8.58% in the previous trading session. This is why.
MOUNTAIN VIEW, Calif., Aug. 18, 2022 (GLOBE NEWSWIRE) -- Iridex Corporation (NASDAQ: IRIX), a provider of innovative ophthalmic laser-based medical products for the treatment of glaucoma and retinal diseases, today announced the company will present at the upcoming Inaugural Gilmartin Group Emerging Growth Company Showcase, taking place virtually. Members of management are scheduled to present on Wednesday, August 31, 2022 at 1:00 p.m. Pacific time / 4:00 p.m. Eastern time.
IRIDEX Corporation (NASDAQ:IRIX ) Q2 2022 Earnings Conference Call August 15, 2022 5:00 PM ET Company Participants Leigh Salvo - Investor Relations David Bruce - Chief Executive Officer Fuad Ahmad - Interim Chief Financial Officer Conference Call Participants Tom Stephan - Stifel Scott Henry - ROTH Capital Operator Good day and thank you for standing by. Welcome to the IRIDEX Second Quarter 2022 Earnings Conference Call.
Iridex (IRIX) delivered earnings and revenue surprises of 12.50% and 1.22%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
MOUNTAIN VIEW, Calif., Aug. 01, 2022 (GLOBE NEWSWIRE) -- Iridex Corporation (NASDAQ: IRIX), a provider of innovative ophthalmic laser-based medical products for the treatment of glaucoma and retinal diseases, today announced the Company will release financial results for the second quarter of 2022 after the close of trading on Monday, August 15, 2022. The Company's management team will host a corresponding conference call beginning at 2:00 p.m. PT / 5:00 p.m. ET.
About IRIDEX Corporation
Description :
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. It offers laser consoles, such as Cyclo G6 laser system for use in the treatment of glaucoma; IQ 532 and IQ 577 laser photocoagulation systems, which are used for the treatment of diabetic macular edema and other retinal diseases; and OcuLight TX, OcuLight SL, OcuLight SLx, OcuLight GL, and OcuLight GLx laser photocoagulation systems that are used to treat proliferative diabetic retinopathy, macular holes, retinal tears, and detachments. The company also provides delivery devices, including TxCell scanning laser delivery system that allows the physician to perform multi-spot pattern scanning; slit lamp adapter, which allows the physician to utilize a standard slit lamp in diagnosis and treatment procedures; and laser indirect ophthalmoscope for use in procedures to treat peripheral retinal disorders. It offers MicroPulse P3 Probe, which is used with its Cylco G6 laser system to perform MicroPulse transscleral laser therapy; G-Probe, which is used in procedures to treat uncontrolled glaucoma; G-Probe and G-Probe Illuminate, which are used in procedures to treat refractory glaucoma; and EndoProbe family of products for use in vitrectomy procedures. The company serves ophthalmologists, research and teaching hospitals, government installations, surgical centers, hospitals, veterinary practices, and office clinics. It markets its products through direct and independent sales force in the United States, as well as through independent distributors internationally. The company was formerly known as IRIS Medical Instruments, Inc. and changed its name to IRIDEX Corporation in November 1995. IRIDEX Corporation was incorporated in 1989 and is headquartered in Mountain View, California.
