Iris Energy Stock Analysis
IREN Stock | USD 14.27 1.34 10.36% |
Iris Energy is overvalued with Real Value of 11.58 and Target Price of 10.79. The main objective of Iris Energy stock analysis is to determine its intrinsic value, which is an estimate of what Iris Energy is worth, separate from its market price. There are two main types of Iris Energy's stock analysis: fundamental analysis and technical analysis.
The Iris Energy stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Iris Energy is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Iris Stock trading window is adjusted to America/New York timezone.
Iris |
Iris Stock Analysis Notes
About 32.0% of the company shares are owned by institutional investors. The book value of Iris Energy was currently reported as 5.84. The company recorded a loss per share of 0.53. Iris Energy had not issued any dividends in recent years. Iris Energy Limited owns and operates bitcoin mining data centers in Canada, the United States, and the Asia-Pacific. The company was incorporated in 2018 and is headquartered in Sydney, Australia. Iris Energy operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 102 people. To learn more about Iris Energy call William Roberts at 61 2 7906 8301 or check out https://iren.com.Iris Energy Quarterly Total Revenue |
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Iris Energy Investment Alerts
Iris Energy is way too risky over 90 days horizon | |
Iris Energy appears to be risky and price may revert if volatility continues | |
Iris Energy has high likelihood to experience some financial distress in the next 2 years | |
The company reported the previous year's revenue of 188.76 M. Net Loss for the year was (28.95 M) with profit before overhead, payroll, taxes, and interest of 57.61 M. | |
Latest headline from gurufocus.com: IREN announces proposed convertible notes offering |
Iris Energy Upcoming and Recent Events
Earnings reports are used by Iris Energy to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
21st of February 2024 Upcoming Quarterly Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
11th of September 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
30th of June 2023 Last Financial Announcement | View |
Iris Largest EPS Surprises
Earnings surprises can significantly impact Iris Energy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2024-05-15 | 2024-03-31 | 0.05 | 0.07 | 0.02 | 40 | ||
2023-11-29 | 2023-09-30 | -0.0092 | -0.0339 | -0.0247 | 268 | ||
2022-09-13 | 2022-06-30 | 0.08 | 0.04 | -0.04 | 50 |
Iris Energy Environmental, Social, and Governance (ESG) Scores
Iris Energy's ESG score is a quantitative measure that evaluates Iris Energy's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Iris Energy's operations that may have significant financial implications and affect Iris Energy's stock price as well as guide investors towards more socially responsible investments.
Iris Energy Thematic Classifications
In addition to having Iris Energy stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
BanksAll money banks and credit services |
Iris Stock Institutional Investors
Shares | Simplex Trading, Llc | 2024-09-30 | 1.2 M | Steadfast Capital Management Llc | 2024-09-30 | 1.1 M | Goldman Sachs Group Inc | 2024-09-30 | 1.1 M | Van Eck Associates Corporation | 2024-06-30 | 1 M | Pennant Investors Lp | 2024-09-30 | 940 K | Vgi Partners Pty Ltd | 2024-09-30 | 875.3 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 753.8 K | Geode Capital Management, Llc | 2024-09-30 | 735.1 K | Exchange Traded Concepts, Llc | 2024-09-30 | 713.6 K | Susquehanna International Group, Llp | 2024-09-30 | 4.6 M | Marshall Wace Asset Management Ltd | 2024-09-30 | 4.3 M |
Iris Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.06 B.Iris Profitablity
The company has Profit Margin (PM) of (0.15) %, 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 (0.4) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.4.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.03) | (0.03) | |
Return On Capital Employed | (0.02) | (0.03) | |
Return On Assets | (0.03) | (0.03) | |
Return On Equity | (0.03) | (0.03) |
Management Efficiency
Iris Energy has return on total asset (ROA) of (0.0229) % which means that it has lost $0.0229 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0413) %, meaning that it created substantial loss on money invested by shareholders. Iris Energy's management efficiency ratios could be used to measure how well Iris Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 5th of December 2024, Return On Tangible Assets is likely to drop to -0.03. In addition to that, Return On Capital Employed is likely to drop to -0.03. At this time, Iris Energy's Intangible Assets are very stable compared to the past year. As of the 5th of December 2024, Debt To Assets is likely to grow to 0.20, while Other Assets are likely to drop about 402 K.Last Reported | Projected for Next Year | ||
Book Value Per Share | 11.01 | 11.56 | |
Tangible Book Value Per Share | 11.01 | 11.56 | |
Enterprise Value Over EBITDA | 33.64 | 31.96 | |
Price Book Value Ratio | 1.15 | 1.09 | |
Enterprise Value Multiple | 33.64 | 31.96 | |
Price Fair Value | 1.15 | 1.09 | |
Enterprise Value | 854.5 M | 970.8 M |
Iris Energy benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Operating Margin (0.40) | Profit Margin (0.15) | Beta 3.399 | Return On Assets (0.02) | Return On Equity (0.04) |
Technical Drivers
As of the 5th of December, Iris Energy retains the Risk Adjusted Performance of 0.1412, market risk adjusted performance of 0.3016, and Downside Deviation of 5.34. Iris Energy 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.Iris Energy Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Iris Energy middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Iris Energy. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Iris Energy Outstanding Bonds
Iris Energy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Iris Energy uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Iris bonds can be classified according to their maturity, which is the date when Iris Energy has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Iris Energy Predictive Daily Indicators
Iris Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Iris Energy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Iris Energy Corporate Filings
6K | 4th of December 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 2nd of December 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 29th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 26th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 6th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 16th of October 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 10th of October 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 4th of October 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
Iris Energy Forecast Models
Iris Energy's time-series forecasting models are one of many Iris Energy'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 Iris Energy'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.About Iris Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Iris Energy 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 Iris 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 Iris Energy. By using and applying Iris Stock analysis, traders can create a robust methodology for identifying Iris entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (0.14) | (0.14) | |
Operating Profit Margin | (0.14) | (0.15) | |
Net Loss | (0.15) | (0.16) | |
Gross Profit Margin | 0.88 | 0.58 |
Current Iris Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Iris 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. Iris 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.
Target Price | Advice | # of Analysts | |
10.79 | Strong Buy | 10 | Odds |
Most Iris analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Iris stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Iris Energy, talking to its executives and customers, or listening to Iris conference calls.
Iris Stock Analysis Indicators
Iris Energy stock analysis indicators help investors evaluate how Iris Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Iris Energy shares will generate the highest return on investment. By understating and applying Iris Energy stock analysis, traders can identify Iris Energy position entry and exit signals to maximize returns.
Begin Period Cash Flow | 68.9 M | |
Common Stock Shares Outstanding | 99.6 M | |
Total Stockholder Equity | 1.1 B | |
Tax Provision | 3.5 M | |
Property Plant And Equipment Net | 442.9 M | |
Cash And Short Term Investments | 411.1 M | |
Cash | 404.6 M | |
Accounts Payable | 27.3 M | |
Net Debt | -402.9 M | |
50 Day M A | 9.7326 | |
Net Interest Income | 5.6 M | |
Total Current Liabilities | 51 M | |
Other Operating Expenses | 215.1 M | |
Non Current Assets Total | 700.6 M | |
Forward Price Earnings | 322.5806 | |
Liabilities And Stockholders Equity | 1.2 B | |
Non Currrent Assets Other | 257.7 M | |
Stock Based Compensation | 23.6 M |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iris Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Iris Stock, please use our How to Invest in Iris Energy guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Iris Energy. If investors know Iris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Iris Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.53) | Revenue Per Share 1.894 | Quarterly Revenue Growth 0.679 | Return On Assets (0.02) | Return On Equity (0.04) |
The market value of Iris Energy is measured differently than its book value, which is the value of Iris that is recorded on the company's balance sheet. Investors also form their own opinion of Iris Energy's value that differs from its market value or its book value, called intrinsic value, which is Iris Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iris Energy's market value can be influenced by many factors that don't directly affect Iris Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Iris Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Iris Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iris Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.