IRIDEX Corporation (IRIX)
IRIDEX Statistics
Share Statistics
IRIDEX has 16.64M shares outstanding. The number of shares has increased by 2.39% in one year.
| Shares Outstanding | 16.64M |
| Shares Change (YoY) | 2.39% |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | 20.08% |
| Shares Floating | 12.23M |
| Failed to Deliver (FTD) Shares | 874 |
| FTD / Avg. Volume | 2.35% |
Short Selling Information
The latest short interest is 298.79K, so 1.8% of the outstanding shares have been sold short.
| Short Interest | 298.79K |
| Short % of Shares Out | 1.8% |
| Short % of Float | 2.44% |
| Short Ratio (days to cover) | 5.67 |
Valuation Ratios
The PE ratio is -4.74 and the forward PE ratio is -6.15. IRIDEX's PEG ratio is -0.19.
| PE Ratio | -4.74 |
| Forward PE | -6.15 |
| PS Ratio | 0.87 |
| Forward PS | 0.4 |
| PB Ratio | 4.76 |
| P/FCF Ratio | -6.61 |
| PEG Ratio | -0.19 |
Enterprise Valuation
IRIDEX Corporation has an Enterprise Value (EV) of 41.03M.
| EV / Earnings | -4.29 |
| EV / Sales | 0.79 |
| EV / EBITDA | -5.15 |
| EV / EBIT | -4.1 |
| EV / FCF | -5.99 |
Financial Position
The company has a current ratio of 2.12, with a Debt / Equity ratio of 0.29.
| Current Ratio | 2.12 |
| Quick Ratio | 1.35 |
| Debt / Equity | 0.29 |
| Total Debt / Capitalization | 22.38 |
| Cash Flow / Debt | -2.46 |
| Interest Coverage | 0 |
Financial Efficiency
Return on equity (ROE) is -1.01% and return on capital (ROIC) is -82.34%.
| Return on Equity (ROE) | -1.01% |
| Return on Assets (ROA) | -0.28% |
| Return on Capital (ROIC) | -82.34% |
| Revenue Per Employee | $467,288.29 |
| Profits Per Employee | $-86,216.22 |
| Employee Count | 111 |
| Asset Turnover | 1.51 |
| Inventory Turnover | 3.03 |
Taxes
| Income Tax | 90K |
| Effective Tax Rate | -0.01 |
Stock Price Statistics
The stock price has increased by -50.97% in the last 52 weeks. The beta is 0.84, so IRIDEX's price volatility has been higher than the market average.
| Beta | 0.84 |
| 52-Week Price Change | -50.97% |
| 50-Day Moving Average | 1.61 |
| 200-Day Moving Average | 1.85 |
| Relative Strength Index (RSI) | 27.01 |
| Average Volume (20 Days) | 37.22K |
Income Statement
In the last 12 months, IRIDEX had revenue of 51.87M and earned -9.57M in profits. Earnings per share was -0.59.
| Revenue | 51.87M |
| Gross Profit | 21.81M |
| Operating Income | -10.01M |
| Net Income | -9.57M |
| EBITDA | -7.97M |
| EBIT | -10.01M |
| Earnings Per Share (EPS) | -0.59 |
Balance Sheet
The company has 7.03M in cash and 2.75M in debt, giving a net cash position of 4.29M.
| Cash & Cash Equivalents | 7.03M |
| Total Debt | 2.75M |
| Net Cash | 4.29M |
| Retained Earnings | -79.04M |
| Total Assets | 30.15M |
| Working Capital | 8.48M |
Cash Flow
In the last 12 months, operating cash flow was -6.75M and capital expenditures -109K, giving a free cash flow of -6.85M.
| Operating Cash Flow | -6.75M |
| Capital Expenditures | -109K |
| Free Cash Flow | -6.85M |
| FCF Per Share | -0.42 |
Margins
Gross margin is 42.04%, with operating and profit margins of -19.29% and -18.45%.
| Gross Margin | 42.04% |
| Operating Margin | -19.29% |
| Pretax Margin | -18.28% |
| Profit Margin | -18.45% |
| EBITDA Margin | -15.38% |
| EBIT Margin | -19.29% |
| FCF Margin | -13.21% |
Dividends & Yields
IRIX does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -46.46% |
| FCF Yield | -32.31% |
Analyst Forecast
The average price target for IRIX is $2, which is 57.5% higher than the current price. The consensus rating is "Hold".
| Price Target | $2 |
| Price Target Difference | 57.5% |
| Analyst Consensus | Hold |
| Analyst Count | 1 |
Scores
| Altman Z-Score | -2.77 |
| Piotroski F-Score | 3 |