IRSA Inversiones Y Representaciones (NYSE:IRS) Releases Quarterly Earnings Results

Key Points

• IRSA Inversiones Y Representaciones reported quarterly EPS of ($0.28), with a reported net margin of 85.84% and a return on equity of 25.51%.
• Shares fell 2.1% to $14.72, giving a market capitalization of $1.19 billion and a low P/E of 3.18, with a 52‑week range of $10.87–$19.14.
• Analyst views are mixed—MarketBeat shows an average rating of "Buy" with a consensus price target of $23.00—while institutional investors own 45.46% of the stock and several funds recently increased or initiated positions.

IRSA Inversiones Y Representaciones (NYSE:IRS - Get Free Report) announced its quarterly earnings data on Wednesday. The financial services provider reported ($0.28) earnings per share (EPS) for the quarter, Zacks reports. IRSA Inversiones Y Representaciones had a net margin of 85.84% and a return on equity of 25.51%.

IRSA Inversiones Y Representaciones Stock Down 2.1%

NYSE:IRS traded down $0.31 during trading hours on Thursday, hitting $14.72. The company's stock had a trading volume of 104,658 shares, compared to its average volume of 184,318. The stock has a market capitalization of $1.19 billion, a P/E ratio of 3.18 and a beta of 1.31. The stock has a fifty day moving average of $15.35 and a 200-day moving average of $15.50. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.44. IRSA Inversiones Y Representaciones has a 52-week low of $10.87 and a 52-week high of $19.14.

Analyst Ratings Changes

Several brokerages have recently issued reports on IRS. Weiss Ratings cut IRSA Inversiones Y Representaciones from a "hold (c+)" rating to a "hold (c)" rating in a research note on Tuesday, April 21st. Wall Street Zen lowered IRSA Inversiones Y Representaciones from a "buy" rating to a "hold" rating in a report on Saturday, January 31st. Finally, Itau BBA Securities raised IRSA Inversiones Y Representaciones to a "strong-buy" rating in a report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, IRSA Inversiones Y Representaciones presently has an average rating of "Buy" and a consensus price target of $23.00.

Hedge Funds Weigh In On IRSA Inversiones Y Representaciones

Several large investors have recently bought and sold shares of IRS. Kopernik Global Investors LLC acquired a new stake in shares of IRSA Inversiones Y Representaciones during the fourth quarter worth about $1,412,000. Banco BTG Pactual S.A. purchased a new position in shares of IRSA Inversiones Y Representaciones during the third quarter worth about $1,301,000. Invesco Ltd. boosted its holdings in IRSA Inversiones Y Representaciones by 17.9% in the 4th quarter. Invesco Ltd. now owns 64,575 shares of the financial services provider's stock valued at $1,068,000 after purchasing an additional 9,812 shares in the last quarter. State of Wisconsin Investment Board purchased a new stake in IRSA Inversiones Y Representaciones in the 4th quarter valued at approximately $424,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in IRSA Inversiones Y Representaciones in the 2nd quarter valued at approximately $315,000. Hedge funds and other institutional investors own 45.46% of the company's stock.

IRSA Inversiones Y Representaciones Company Profile

IRSA Inversiones y Representaciones SA NYSE: IRS is Argentina’s leading real estate company, specializing in the development, acquisition and management of commercial, office, residential and hospitality properties. The company’s core operations encompass the planning and operation of shopping centers, premium office towers in Buenos Aires, urban residential complexes and full-service hotels. IRSA leverages its extensive land bank and development expertise to create mixed-use destinations that cater to evolving urban lifestyles.

IRSA’s shopping center division features a portfolio of flagship malls in Argentina, complemented by its Mall Plaza platform, which develops and operates retail destinations in Chile, Peru and Colombia.

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