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1 Comment
Iress Limited is currently in a long term uptrend where the price is trading 24.0% above its 200 day moving average.
From a valuation standpoint, the stock is 95.5% cheaper than other stocks from the Technology sector with a price to sales ratio of 3.2.
Iress Limited's total revenue rose by 1.8% to $272M since the same quarter in the previous year.
Its net income has dropped by 5.8% to $33M since the same quarter in the previous year.
Finally, its free cash flow grew by 196.8% to $24M since the same quarter in the previous year.
Based on the above factors, Iress Limited gets an overall score of 4/5.
Exchange | AU |
---|---|
CurrencyCode | AUD |
ISIN | AU000000IRE2 |
Sector | Technology |
Industry | Software - Application |
Market Cap | 2B |
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PE Ratio | 17.54 |
Target Price | 9.427 |
Dividend Yield | 1.2% |
Beta | 1.07 |
Iress Limited engages in the designing and developing software and services for the financial services industry in the Asia Pacific, the United Kingdom and Europe, Africa, and North America. It offers client management, business automation, portfolio data, research, financial planning tools, digital advice solutions, digital client solutions, data-driven compliance and analytics, regulatory obligations management solutions; and revenue and payments management; and market data, trading interfaces, order and execution management, smart order routing, FIX services, portfolio management, analytical tools, algorithmic trading, market making, post trade solutions, and trading and market data APIs. The company provides connectivity, client relationship management, wealth management, funds registry, digital advice, digital member portal, fund administration services, application processing, connectivity, mortgage comparison and advice, lender connectivity, quoting, comparison, and application processing solutions. It offers its solutions to institutional and independent advisory clients; institutional sell-side, retail, and online brokers; investment, fund, private client advisers, and wealth managers; retail and investment platforms; superannuation funds; and mortgage lenders and intermediaries. The company was formerly known as IRESS Market Technology Limited and changed its name to IRESS Limited in May 2012. The company was incorporated in 1993 and is headquartered in Melbourne, Australia.
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