Ironwood Pharmaceuticals - IRWD Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ironwood Pharmaceuticals in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" IRWD shares.
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4 Wall Street research analysts have issued 1 year price objectives for Ironwood Pharmaceuticals' shares. Their IRWD share price forecasts range from $13.00 to $16.00. On average, they expect the company's share price to reach $14.50 in the next year. This suggests a possible upside of 41.2% from the stock's current price.
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Ironwood Pharmaceuticals' stock was trading at $11.66 on January 1st, 2022. Since then, IRWD stock has decreased by 11.9% and is now trading at $10.27.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
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Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD) released its quarterly earnings results on Thursday, August, 4th. The biotechnology company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.31 by $0.10. The biotechnology company had revenue of $97.23 million for the quarter, compared to the consensus estimate of $103.51 million. Ironwood Pharmaceuticals had a net margin of 41.65% and a trailing twelve-month return on equity of 31.01%. Ironwood Pharmaceuticals's revenue for the quarter was down 6.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.34 earnings per share.

Ironwood Pharmaceuticals issued an update on its FY 2022 earnings guidance on Thursday, August, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $420.00 million-$430.00 million, compared to the consensus revenue estimate of $428.80 million.

7 employees have rated Ironwood Pharmaceuticals Chief Executive Officer Mark Mallon on Glassdoor.com. Mark Mallon has an approval rating of 93% among the company's employees. This puts Mark Mallon in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ironwood Pharmaceuticals investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), NIC (EGOV), Athabasca Oil (ATH), Allergan (AGN), Aegean Marine Petroleum Network (ANW), Micron Technology (MU) and Starbucks (SBUX).

Ironwood Pharmaceuticals trades on the NASDAQ under the ticker symbol "IRWD."

Ironwood Pharmaceuticals' stock is owned by a number of institutional and retail investors. Top institutional investors include State Street Corp (7.10%), Renaissance Technologies LLC (3.52%), Deutsche Bank AG (2.24%), Northern Trust Corp (1.07%), Royce & Associates LP (0.97%) and Principal Financial Group Inc. (0.80%). Insiders that own company stock include Alexander J Denner, Gina Consylman, Jason Rickard, Julie Mchugh, Kelly Macdonald, Mark G Currie, Marla L Kessler, Michael Shetzline, Ronald Silver, Thomas A Mccourt, Thomas A Mccourt and Timothy M O'reilly.
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Shares of IRWD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of IRWD stock can currently be purchased for approximately $10.27.

Ironwood Pharmaceuticals (NASDAQ:IRWD) has a market capitalization of $1.57 billion and generates $413.75 million in revenue each year. The biotechnology company earns $528.45 million in net income (profit) each year or $1.01 on an earnings per share basis.

The company employs 219 workers across the globe.

Ironwood Pharmaceuticals' mailing address is 100 SUMMER STREET SUITE 2300, BOSTON MA, 02110. The official website for the company is www.ironwoodpharma.com. The biotechnology company can be reached via phone at (617) 621-7722, via email at mkaya@ironwoodpharma.com, or via fax at 617-494-0480.