Stocks of IRSA Inversiones y Representaciones Sociedad Anonima (NYSE:IRS) traded higher last session on Wall Street, down -0.69% to $5.74.
According to the data, IRSA Inversiones y Representaciones Sociedad Anonima (NYSE:IRS) has 1 analysts covering its stock. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $17.40 and a low of $17.40, we find $17.40. Given the previous closing price of $5.78, this indicates a potential upside of 201.04 percent. IRS stock price is now 20.03% away from the 50-day moving average and 33.96% away from the 200-day moving average. The market capitalization of the company currently stands at $885.85M.
A total of 0 analysts have issued a hold rating and 1 have given it a buy rating. Brokers who have rated the stock have averaged $17.40 as their price target over the next twelve months.
There have been several recent changes in the stakes of large investors in IRS stock. A new stake in IRSA Inversiones y Representaciones Sociedad Anonima shares was purchased by RENAISSANCE TECHNOLOGIES LLC during the first quarter worth $82,000. STEWARD PARTNERS INVESTMENT ADVISORY, LLC invested $3,000 in shares of IRS during the first quarter. In the first quarter, MY PERSONAL CFO, LLC acquired a new stake in IRSA Inversiones y Representaciones Sociedad Anonima valued at approximately $1,000. In total, there are 30 active investors with 14.10% ownership of the company’s stock.
Tuesday’s opening bell rang with an opening price of $5.90 for IRSA Inversiones y Representaciones Sociedad Anonima (NYSE: IRS). During the past 12 months, IRSA Inversiones y Representaciones Sociedad Anonima has had a low of $3.16 and a high of $6.38. As of last week, the company has a debt-to-equity ratio of 0.37, a current ratio of 0.60, and a quick ratio of 0.60. The fifty day moving average price for IRS is $4.78 and a two-hundred day moving average price translates $4.28 for the stock.
The latest earnings results from IRSA Inversiones y Representaciones Sociedad Anonima (NYSE: IRS) was released for Jun, 2022. The company reported revenue of $86.34 million for the quarter, compared to $45.13 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 91.28 percent.
Moreover, the firm recently paid out its quarterly dividend on 12/05/2022. Investors who held shares on 11/28/2022 were paid a $0.186965 dividend. On an annualized basis, this represents a $0.19 dividend and a 3.26% percent yield. There was an ex-dividend date of 11/25/2022 for this dividend.
IRSA Inversiones y Representaciones Sociedad Anonima(IRS) Company Profile
IRSA Inversiones y Representaciones Sociedad Anónima, together with its subsidiaries, engages in the diversified real estate activities in Argentina. The company is involved in the acquisition, development, and operation of shopping malls, office buildings, and other non-shopping mall properties primarily for rental purposes. It also acquires and operates luxury hotels under Intercontinental, Libertador, and Llao Llao brand names; develops and sells residential properties; and acquires undeveloped land reserves for future development or sale. The company was incorporated in 1943 and is headquartered in Buenos Aires, Argentina. IRSA Inversiones y Representaciones Sociedad Anónima is a subsidiary of Cresud Sociedad Anónima Comercial.