With 2.57 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.24 million shares. The 52-week range on IRWD shows that it touched its highest point at $9.30 and its lowest point at $1.41 during that stretch. It currently has a 1-year price target of $8.67. Beta for the stock currently stands at 0.31.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IRWD was down-trending over the past week, with a drop of -0.67%, but this was down by -12.94% over a month. Three-month performance dropped to -55.69% while six-month performance fell -67.18%. The stock lost -83.43% in the past year, while it has lost -66.59% so far this year. A look at the trailing 12-month EPS for IRWD yields 0.01 with Next year EPS estimates of 0.22. For the next quarter, that number is -0.03. This implies an EPS growth rate of 325.00% for this year and 409.80% for next year.
Float and Shares Shorts:
At present, 160.03 million IRWD shares are outstanding with a float of 155.19 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for IRWD since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.13205 being high and $0.06214 being low. For IRWD, this leads to a yearly average estimate of $0.077675. Based on analyst estimates, the high estimate for the next quarter is $0.05 and the low estimate is $0.03. The average estimate for the next quarter is thus $0.04.
