With 2.87 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.27 million shares. The 52-week range on IRWD shows that it touched its highest point at $7.11 and its lowest point at $0.53 during that stretch. It currently has a 1-year price target of $0.95. Beta for the stock currently stands at 0.23.
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 up-trending over the past week, with a rise of 1.59%, but this was down by -23.16% over a month. Three-month performance dropped to -59.43% while six-month performance fell -82.81%. The stock lost -90.67% in the past year, while it has lost -86.26% so far this year. A look at the trailing 12-month EPS for IRWD yields -0.20 with Next year EPS estimates of 0.35. For the next quarter, that number is 0.03. This implies an EPS growth rate of 1644.75% for this year and 102.88% for next year. EPS is expected to grow by 141.01% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -47.49%.
Float and Shares Shorts:
At present, 161.81 million IRWD shares are outstanding with a float of 156.14 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.
