IRIDEX Corp's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 116 out of 206 in the Healthcare Equipment & Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 2.75.In the medium term, the stock price is expected to trend down.Despite an average stock market performance over the past month, the company shows strong fundamentals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of IRIDEX Corp is 6.16, ranking 164 out of 206 in the Healthcare Equipment & Supplies industry. Its financial status is stable, and its operating efficiency is low. Its latest quarterly revenue reached 14.72M, representing a year-over-year increase of 15.97%, while its net profit experienced a year-over-year increase of 77.94%.
Key Metrics
The current valuation score of IRIDEX Corp is 8.37, ranking 26 out of 206 in the Healthcare Equipment & Supplies industry. Its current P/E ratio is -3.85, which is -62.18% below the recent high of -1.46 and -76.38% above the recent low of -6.80.
The current earnings forecast score of IRIDEX Corp is 8.00, ranking 66 out of 206 in the Healthcare Equipment & Supplies industry.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of IRIDEX Corp is 5.17, ranking 179 out of 206 in the Healthcare Equipment & Supplies industry. Currently, the stock price is trading between the resistance level at 1.08 and the support level at 0.97, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of IRIDEX Corp is 3.00, ranking 133 out of 206 in the Healthcare Equipment & Supplies industry. The latest institutional shareholding proportion is 21.29%, representing a quarter-over-quarter increase of 16.49%. The largest institutional shareholder is James Simons, holding a total of 396.63K shares, representing 2.28% of shares outstanding, with 0.96% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Healthcare Equipment & Supplies domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of IRIDEX Corp is 2.98, ranking 134 out of 206 in the Healthcare Equipment & Supplies industry. The company's beta value is 0.64. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
