Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of IREN Ltd (NASDAQ: IREN) closed at $16.23 in the last session, down -4.70% from day before closing price of $17.03. In other words, the price has decreased by -$4.70 from its previous closing price. On the day, 23.4 million shares were traded. IREN stock price reached its highest trading level at $17.9167 during the session, while it also had its lowest trading level at $16.22.
Ratios:
We take a closer look at IREN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.46 and its Current Ratio is at 0.46. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on March 13, 2025, Upgraded its rating to Overweight and sets its target price to $12 from $15 previously.
On December 20, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $33.
JP Morgan Downgraded its Overweight to Neutral on December 10, 2024, whereas the target price for the stock was revised from $9.50 to $15.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 17 ’24 when Christopher Guzowski bought 28,970 shares for $7.73 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IREN now has a Market Capitalization of 3925501440 and an Enterprise Value of 3663741696. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.65 while its Price-to-Book (P/B) ratio in mrq is 2.55. Its current Enterprise Value per Revenue stands at 9.697 whereas that against EBITDA is 28.305.
Stock Price History:
The Beta on a monthly basis for IREN is 3.99, which has changed by 0.35306382 over the last 52 weeks, in comparison to a change of 0.1116153 over the same period for the S&P500. Over the past 52 weeks, IREN has reached a high of $18.54, while it has fallen to a 52-week low of $5.12. The 50-Day Moving Average of the stock is 57.17%, while the 200-Day Moving Average is calculated to be 66.13%.
Shares Statistics:
According to the various share statistics, IREN traded on average about 19.57M shares per day over the past 3-months and 34046840 shares per day over the past 10 days. A total of 240.97M shares are outstanding, with a floating share count of 224.78M. Insiders hold about 6.72% of the company’s shares, while institutions hold 51.99% stake in the company. Shares short for IREN as of 1749772800 were 28681086 with a Short Ratio of 1.67, compared to 1747267200 on 30200970. Therefore, it implies a Short% of Shares Outstanding of 28681086 and a Short% of Float of 12.36.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The current rating of IREN Ltd (IREN) is the result of assessments by 2.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $0.43, with high estimates of $0.43 and low estimates of $0.43.
Analysts are recommending an EPS of between $0.28 and $0.28 for the fiscal current year, implying an average EPS of $0.28. EPS for the following year is $1.55, with 2.0 analysts recommending between $1.91 and $1.19.
Revenue Estimates
According to 10 analysts, the current quarter’s revenue is expected to be $176.37M. It ranges from a high estimate of $205.8M to a low estimate of $140.44M. As of the current estimate, IREN Ltd’s year-ago sales were $57.44MFor the next quarter, 10 analysts are estimating revenue of $214.19M. There is a high estimate of $249.6M for the next quarter, whereas the lowest estimate is $188M.
A total of 12 analysts have provided revenue estimates for IREN’s current fiscal year. The highest revenue estimate was $527.8M, while the lowest revenue estimate was $462.52M, resulting in an average revenue estimate of $500.03M. In the same quarter a year ago, actual revenue was $188.76MBased on 10 analysts’ estimates, the company’s revenue will be $869.08M in the next fiscal year. The high estimate is $1.04B and the low estimate is $766.3M.
