Iridex Stock Today

IRIX Stock  USD 1.15  0.04  3.36%   

Performance

Very Weak

 
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Odds Of Distress

Above Average

 
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IRIDEX is trading at 1.15 as of the 8th of May 2025; that is 3.36% down since the beginning of the trading day. The stock's open price was 1.19. IRIDEX has more than 60 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 8th of April 2025 and ending today, the 8th of May 2025. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
15th of February 1996
Category
Healthcare
Classification
Health Care
IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology. IRIDEX Corporation was incorporated in 1989 and is headquartered in Mountain View, California. The company has 16.79 M outstanding shares of which 269.92 K shares are currently shorted by private and institutional investors with about 2.17 trading days to cover. More on IRIDEX

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IRIDEX Stock Highlights

CEO PresidentDavid Bruce
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Composite Total, NASDAQ Health Care, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Debt Levels
IRIDEX can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand IRIDEX's financial leverage. It provides some insight into what part of IRIDEX's total assets is financed by creditors.
Liquidity
IRIDEX currently holds 4.64 M in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. IRIDEX has a current ratio of 3.13, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about IRIDEX's use of debt, we should always consider it together with its cash and equity.

Net Income

(8.46 Million)
IRIDEX (IRIX) is traded on NASDAQ Exchange in USA. It is located in 1212 Terra Bella Avenue, Mountain View, CA, United States, 94043 and employs 93 people. IRIDEX is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 19.81 M. IRIDEX conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 16.79 M outstanding shares of which 269.92 K shares are currently shorted by private and institutional investors with about 2.17 trading days to cover. IRIDEX currently holds about 17.97 M in cash with (7.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.12.
Check IRIDEX Probability Of Bankruptcy
Ownership Allocation
IRIDEX has a total of 16.79 Million outstanding shares. IRIDEX secures noticeable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check IRIDEX Ownership Details

IRIDEX Stock Institutional Holders

InstituionRecorded OnShares
State Street Corp2024-12-31
44.7 K
Long Focus Capital Management, Llc2024-12-31
38.2 K
Bank Of New York Mellon Corp2024-12-31
31.5 K
Susquehanna International Group, Llp2024-12-31
30.9 K
Northern Trust Corp2024-12-31
27.2 K
Dimensional Fund Advisors, Inc.2024-12-31
24.4 K
Bb&t Corp.2024-12-31
13 K
Ubs Group Ag2024-12-31
12.3 K
Hightower Advisors, Llc2024-12-31
10.1 K
Paragon Assoc & Paragon Assoc Ii Jv2024-12-31
1000 K
Vanguard Group Inc2024-12-31
561.1 K
View IRIDEX Diagnostics

IRIDEX Historical Income Statement

At this time, IRIDEX's Interest Expense is fairly stable compared to the past year. Selling And Marketing Expenses is likely to rise to about 13 M in 2025, whereas Depreciation And Amortization is likely to drop slightly above 981.7 K in 2025. View More Fundamentals

IRIDEX Stock Against Markets

IRIDEX Corporate Management

Leigh SalvoHead RelationsProfile
Patrick MercerChief OfficerProfile
Fuad AhmadInterim OfficerProfile
Bassem BouHabibVice SalesProfile
Romeo DizonChief OfficerProfile

Additional Tools for IRIDEX Stock Analysis

When running IRIDEX's price analysis, check to measure IRIDEX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IRIDEX is operating at the current time. Most of IRIDEX's value examination focuses on studying past and present price action to predict the probability of IRIDEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRIDEX's price. Additionally, you may evaluate how the addition of IRIDEX to your portfolios can decrease your overall portfolio volatility.