ironSource Ltd. (NYSE:IS) traded at $3.84 at close of the session on Wednesday, September 21, made an upward move of 2.13% on its previous day’s price.
Looking at the stock we see that its previous close was $3.76 with the day’s price range being $3.76 – $3.89. The company has a trailing 12-month PE ratio of 61.64. In terms of its 52-week price range, IS has a high of $13.14 and a low of $2.20. The company’s stock has lost about -10.48% over that past 30 days.
ironSource Ltd. has a market cap of $2.80 billion and is expected to release its quarterly earnings report on May 12, 2022. Estimates by analysts give the company expected earnings per share (EPS) of $0.05, with the EPS growth for the year raised at $0.21 for 2022 and $0.24 for next year. These figures represent 250.00% and 14.30% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $187.58 million, with a low of $179.8 million and a high of $193 million. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2022 is expected to hit $765.61 million, or 38.30% up from figures reported last year.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the IS stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of Hold. Long term indicators on average place the stock in the category of 50% Sell.
Looking further, we note that the PEG ratio for the IS stock currently stands at 2.51, and the current price level is -3.81% off its SMA20 and -4.17% from its 50-day simple moving average. The RSI (14) is pointing at 46.58 while the volatility over the past week is 5.90% and jumps to 7.13% over the past one month.
Coming back to ironSource Ltd. (NYSE:IS), we note that the average 3-month trading volume was 18.93 million, while that of the preceding 10-day period stands at 18.57 million. Current shares outstanding are 1.02 billion.
The insiders hold 23.83% of the company’s shares while institutions hold 49.30%. The data shows that short shares as of Aug 30, 2022, stood at 18.79 million at a short ratio of 0.97. This represents a 1.84% short interest in shares outstanding on Aug 30, 2022. Shares short rose in August from the previous month at 11.1 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -51.42% down in year-to-date price movement.