IRIDEX Corporation (IRIX)
NASDAQ: IRIX · Real-Time Price · USD
1.580
+0.040 (2.60%)
Oct 14, 2024, 4:00 PM EDT - Market closed

IRIDEX Statistics

Total Valuation

IRIDEX has a market cap or net worth of $26.29 million. The enterprise value is $24.46 million.

Market Cap 26.29M
Enterprise Value 24.46M

Important Dates

The next estimated earnings date is Tuesday, November 12, 2024, after market close.

Earnings Date Nov 12, 2024
Ex-Dividend Date n/a

Share Statistics

IRIDEX has 16.64 million shares outstanding. The number of shares has increased by 1.57% in one year.

Shares Outstanding 16.64M
Shares Change (YoY) +1.57%
Shares Change (QoQ) +0.21%
Owned by Insiders (%) 6.87%
Owned by Institutions (%) 19.73%
Float 12.58M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.52
Forward PS 0.50
PB Ratio 6.12
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.49
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.55, with a Debt / Equity ratio of 0.54.

Current Ratio 1.55
Quick Ratio 0.75
Debt / Equity 0.54
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -122.71% and return on invested capital (ROIC) is -62.95%.

Return on Equity (ROE) -122.71%
Return on Assets (ROA) -19.61%
Return on Capital (ROIC) -62.95%
Revenue Per Employee $447,748
Profits Per Employee -$97,811
Employee Count 111
Asset Turnover 1.46
Inventory Turnover 2.66

Taxes

In the past 12 months, IRIDEX has paid $125,000 in taxes.

Income Tax 125,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -47.33% in the last 52 weeks. The beta is 0.79, so IRIDEX's price volatility has been lower than the market average.

Beta (5Y) 0.79
52-Week Price Change -47.33%
50-Day Moving Average 1.86
200-Day Moving Average 2.40
Relative Strength Index (RSI) 35.40
Average Volume (20 Days) 35,294

Short Selling Information

The latest short interest is 306,518, so 1.84% of the outstanding shares have been sold short.

Short Interest 306,518
Short Previous Month 321,140
Short % of Shares Out 1.84%
Short % of Float 2.44%
Short Ratio (days to cover) 16.66

Income Statement

In the last 12 months, IRIDEX had revenue of $49.70 million and -$10.86 million in losses. Loss per share was -$0.67.

Revenue 49.70M
Gross Profit 20.10M
Operating Income -10.70M
Pretax Income -10.73M
Net Income -10.86M
EBITDA -9.93M
EBIT -10.70M
Loss Per Share -$0.67
Full Income Statement

Balance Sheet

The company has $4.11 million in cash and $2.29 million in debt, giving a net cash position of $1.82 million or $0.11 per share.

Cash & Cash Equivalents 4.11M
Total Debt 2.29M
Net Cash 1.82M
Net Cash Per Share $0.11
Equity (Book Value) 4.25M
Book Value Per Share 0.26
Working Capital 8.86M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$5.74 million and capital expenditures -$53,000, giving a free cash flow of -$5.79 million.

Operating Cash Flow -5.74M
Capital Expenditures -53,000
Free Cash Flow -5.79M
FCF Per Share -$0.35
Full Cash Flow Statement

Margins

Gross margin is 40.44%, with operating and profit margins of -21.53% and -21.85%.

Gross Margin 40.44%
Operating Margin -21.53%
Pretax Margin -21.59%
Profit Margin -21.85%
EBITDA Margin -19.99%
EBIT Margin -21.53%
FCF Margin -11.65%

Dividends & Yields

IRIDEX does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -1.57%
Shareholder Yield -1.57%
Earnings Yield -41.30%
FCF Yield -22.02%

Analyst Forecast

The average price target for IRIDEX is $2.00, which is 26.58% higher than the current price. The consensus rating is "Hold".

Price Target $2.00
Price Target Difference 26.58%
Analyst Consensus Hold
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

IRIDEX has an Altman Z-Score of -2.12 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -2.12
Piotroski F-Score 2