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How to buy Iress (IRE) shares in Australia

Learn how to easily invest in Iress shares.

Iress is a software - application business based in Australia. Iress shares (IRE) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Iress has a trailing 12-month revenue of around $620.9 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Iress

To buy shares listed in Australia such as Iress, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose or you can see our list of the best share trading platforms in Australia. Then follow these steps.

  1. Open and fund your brokerage account.
    Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  2. Search for Iress.
    Find the share by name or ticker symbol: IRE. Research its history to confirm it's a solid investment against your financial goals.
  3. Purchase now or later.
    Buy today with a market order or use a limit order to delay your purchase until Iress reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  4. Decide on how many to buy.
    At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  5. Check on your investment.
    Congratulations, you own a part of Iress. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.

Iress stock price (ASX:IRE)

Use our graph to track the performance of IRE stocks over time.

Iress shares at a glance

Information last updated 2024-08-31.
52-week range$4.92 - $11.06
50-day moving average $9.366
200-day moving average $8.4168
Target price$9.68
PE ratio 107.5556
Dividend yield N/A (0%)
Earnings per share (TTM) $0.09

Where to buy Iress shares

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy Iress stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Iress price performance over time

Historical closes compared with the last close of A$9.78

1 week (2024-08-28) -1.81%
1 month (2024-08-02) -5.96%
3 months (2024-06-04) 23.95%
6 months (2024-03-04) 22.25%
1 year (2023-09-04) 54.26%
2 years (2022-09-02) -11.57%
3 years (2021-09-03) -33.29%
5 years (2019-09-04) -19.11%

Is Iress under- or over-valued?

Valuing Iress stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Iress's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Iress's P/E ratio

Iress's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 108x. In other words, Iress shares trade at around 108x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Iress's EBITDA

Iress's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $62.3 million (£0.0 million).

The EBITDA is a measure of a Iress's overall financial performance and is widely used to measure stock profitability.

Iress financials

Revenue TTM $620.9 million
Operating margin TTM 12.73%
Gross profit TTM $172.3 million
Return on assets TTM 3.47%
Return on equity TTM 7%
Profit margin 3.16%
Book value 1.634
Market capitalisation $1.8 billion

TTM: trailing 12 months

Iress share dividends

We're not expecting Iress to pay a dividend over the next 12 months.

Have Iress's shares ever split?

Iress's shares were split on a 731:713 basis on 8 August 2013. So if you had owned 713 shares the day before the split, the next day you would own 731 shares. This wouldn't directly have changed the overall worth of your Iress shares – just the quantity. However, indirectly, the new 2.5% lower share price could have impacted the market appetite for Iress shares which in turn could have impacted Iress's share price.

Iress share price volatility

Over the last 12 months, Iress's shares have ranged in value from as little as $4.92 up to $11.06. A popular way to gauge a stock's volatility is its "beta".

IRE.AU volatility(beta: 1.16)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Iress's is 1.159. This would suggest that Iress's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).

Iress overview

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, scaled advice journeys, digital client solutions, data-driven compliance and analytics, and regulatory obligations management solutions; and market data, trading interfaces, order and execution management, smart order routing, FIX services, portfolio management, securities lending, analytical tools, algorithmic trading, market making, CFD clearing, post trade solutions, and trading and market data APIs. The company also provides connectivity, client relationship management, wealth management, funds registry, digital advice, digital member portal, fund administration services, automated workflow, 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. Iress Limited was incorporated in 1993 and is headquartered in Melbourne, Australia.

Iress in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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