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Irhythm Technologies (IRTC)
NASDAQ:IRTC
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IRTC Stock Chart & Stats
Day’s Range― - ―
52-Week Range$55.92 - $124.12
Previous CloseN/A
Volume94.23K
Average Volume (3M)357.83K
Market Cap
$3.35B
Enterprise Value$2.53B
Total Cash (Recent Filing)$106.05M
Total Debt (Recent Filing)$32.23M
Price to Earnings (P/E)―
Beta1.06
Next Earnings
Feb 20, 2025EPS Estimate
-0.31Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-4.85
Shares Outstanding31,298,035
10 Day Avg. Volume516,487
30 Day Avg. Volume357,831
Standard Deviation0.20
R-Squared0.11
Alpha0.00860
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)5.98
Price to Cash Flow (P/CF)34.40
P/FCF Ratio44.50
Enterprise Value/Market Cap0.76
Enterprise Value/Revenue4.53
Enterprise Value/Gross Profit7.64
Enterprise Value/Ebitda-23.42
Forecast
1Y Price Target
$106.50Price Target Upside-1.69% Downside
Rating ConsensusStrong Buy
Number of Analyst Covering11
Irhythm Technologies News
PremiumCompany Announcements
iRhythm Technologies Reports Strong Growth and Innovation
Bulls Say, Bears Say
Bulls Say
Financial PerformanceIRhythm Technologies pre-announced a Q4 revenue beat by approximately $3 million, indicating strong financial performance.
Market ExpansionProgress is underway to establish Zio Monitor internationally, indicating readiness for expansion.
Strategic GrowthThe expansion of Zio into asymptomatic populations is tracking beyond the team's initial expectations, with a recognized value proposition of preemptive detection.
Bears Say
Financial PerformanceAnalyst lowered the price target to $125 from $137 due to lower comp group multiples and slightly reduced 2025 revenue expectations.
Product Launch DelaysPlans to delay the Zio MCT regulatory filing until 3Q25, taking approximately $10M out of 2025 sales.
Regulatory IssuesThe company did not provide an update on resolving its outstanding regulatory notices, such as 483 observations and the Zio AT warning letter, which could pose a risk.
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Ownership Overview
1.60% Insiders
36.60% Mutual Funds
0.31% Other Institutional Investors
45.22% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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IRTC FAQ
What was Irhythm Technologies’s price range in the past 12 months?
Irhythm Technologies lowest stock price was $55.92 and its highest was $124.11 in the past 12 months.
What is Irhythm Technologies’s market cap?
Irhythm Technologies’s market cap is $3.35B.
When is Irhythm Technologies’s upcoming earnings report date?
Irhythm Technologies’s upcoming earnings report date is Feb 20, 2025 which is in 33 days.
How were Irhythm Technologies’s earnings last quarter?
Irhythm Technologies released its earnings results on Oct 30, 2024. The company reported -$1.48 earnings per share for the quarter, missing the consensus estimate of -$0.795 by -$0.685.
Is Irhythm Technologies overvalued?
According to Wall Street analysts Irhythm Technologies’s price is currently Overvalued.
Does Irhythm Technologies pay dividends?
Irhythm Technologies does not currently pay dividends.
What is Irhythm Technologies’s EPS estimate?
Irhythm Technologies’s EPS estimate is -0.31.
How many shares outstanding does Irhythm Technologies have?
Irhythm Technologies has 31,298,035 shares outstanding.
What happened to Irhythm Technologies’s price movement after its last earnings report?
Irhythm Technologies reported an EPS of -$1.48 in its last earnings report, missing expectations of -$0.795. Following the earnings report the stock price went down -4.395%.
Which hedge fund is a major shareholder of Irhythm Technologies?
Among the largest hedge funds holding Irhythm Technologies’s share is Sands Capital Management LLC. It holds Irhythm Technologies’s shares valued at 158M.
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Irhythm Technologies Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$106.50 (-1.69% Downside)
$106.50 (-1.69% Downside)
Blogger Sentiment
Bullish
IRTC Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 4.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $963.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 3.5%
Last 30 Days ▲ 8.3%
Last 30 Days ▲ 8.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-2.00%
12-Months-Change
Fundamentals
Return on Equity
-103.34%
Trailing 12-Months
Asset Growth
106.86%
Trailing 12-Months
Company Description
Irhythm Technologies
iRhythm Technologies, Inc. is a commercial-stage digital healthcare company, which engages in the development of monitoring and diagnostic solutions for detection of cardiac arrhythmias. It offers ZIO which diagnose many arrhythmias, avoiding multiple indeterminate tests, allowing for appropriate medical intervention, and prevents serious downstream medical events. The company was founded by Uday N. Kumar in September 2006 and is headquartered in San Francisco, CA.
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IRTC Company Deck
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IRTC Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted strong revenue growth, successful international expansion, and important regulatory progress. However, these positives were balanced by significant regulatory challenges, increased operating expenses, and a higher net loss, resulting in a mixed sentiment.Read More>---
IRTC Stock 12 Month Forecast
Average Price Target
$106.50
▼(-1.69% Downside)
Technical Analysis
Best Analysts Covering IRTC
1 Year
1 Year Success Rate
7/21 ratings generated profit
1 Year Average Return
-13.97%
reiterated a buy rating 3 days ago
Copying Joanne Wuensch's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of -13.97% per trade.
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