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iRhythm Technologies (IRTC) Competitors

$95.66
-2.19 (-2.24%)
(As of 06/7/2024 ET)

IRTC vs. TNDM, NVCR, NVRO, TFX, SOLV, GMED, PEN, GKOS, MMSI, and INSP

Should you be buying iRhythm Technologies stock or one of its competitors? The main competitors of iRhythm Technologies include Tandem Diabetes Care (TNDM), NovoCure (NVCR), Nevro (NVRO), Teleflex (TFX), Solventum (SOLV), Globus Medical (GMED), Penumbra (PEN), Glaukos (GKOS), Merit Medical Systems (MMSI), and Inspire Medical Systems (INSP). These companies are all part of the "surgical & medical instruments" industry.

iRhythm Technologies vs.

Tandem Diabetes Care (NASDAQ:TNDM) and iRhythm Technologies (NASDAQ:IRTC) are both mid-cap medical companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, risk, community ranking, earnings, profitability, dividends, valuation, institutional ownership and media sentiment.

Tandem Diabetes Care presently has a consensus price target of $50.58, indicating a potential upside of 3.55%. iRhythm Technologies has a consensus price target of $134.00, indicating a potential upside of 40.08%. Given Tandem Diabetes Care's stronger consensus rating and higher probable upside, analysts plainly believe iRhythm Technologies is more favorable than Tandem Diabetes Care.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tandem Diabetes Care
0 Sell rating(s)
1 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.92
iRhythm Technologies
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
3.00

Tandem Diabetes Care has a beta of 1.27, indicating that its stock price is 27% more volatile than the S&P 500. Comparatively, iRhythm Technologies has a beta of 1.24, indicating that its stock price is 24% more volatile than the S&P 500.

iRhythm Technologies has lower revenue, but higher earnings than Tandem Diabetes Care. iRhythm Technologies is trading at a lower price-to-earnings ratio than Tandem Diabetes Care, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tandem Diabetes Care$747.72M4.22-$222.61M-$2.17-22.51
iRhythm Technologies$513.17M5.80-$123.41M-$4.23-22.61

Tandem Diabetes Care received 183 more outperform votes than iRhythm Technologies when rated by MarketBeat users. However, 66.04% of users gave iRhythm Technologies an outperform vote while only 61.18% of users gave Tandem Diabetes Care an outperform vote.

CompanyUnderperformOutperform
Tandem Diabetes CareOutperform Votes
572
61.18%
Underperform Votes
363
38.82%
iRhythm TechnologiesOutperform Votes
389
66.04%
Underperform Votes
200
33.96%

Tandem Diabetes Care has a net margin of -18.37% compared to Tandem Diabetes Care's net margin of -25.33%. iRhythm Technologies' return on equity of -34.38% beat Tandem Diabetes Care's return on equity.

Company Net Margins Return on Equity Return on Assets
Tandem Diabetes Care-18.37% -34.38% -10.91%
iRhythm Technologies -25.33%-69.87%-23.50%

In the previous week, iRhythm Technologies had 5 more articles in the media than Tandem Diabetes Care. MarketBeat recorded 14 mentions for iRhythm Technologies and 9 mentions for Tandem Diabetes Care. Tandem Diabetes Care's average media sentiment score of 0.84 beat iRhythm Technologies' score of 0.81 indicating that iRhythm Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tandem Diabetes Care
6 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
iRhythm Technologies
8 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Tandem Diabetes Care beats iRhythm Technologies on 9 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding IRTC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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IRTC vs. The Competition

MetriciRhythm TechnologiesSurgical & medical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$2.98B$3.92B$5.32B$8.17B
Dividend YieldN/A1.78%2.73%4.04%
P/E Ratio-22.6115.23169.9118.17
Price / Sales5.8064.142,425.8077.74
Price / CashN/A48.4535.1330.80
Price / Book13.964.314.974.33
Net Income-$123.41M$4.50M$110.34M$216.21M
7 Day Performance8.45%-0.96%-0.96%-1.37%
1 Month Performance-9.94%-2.94%-1.11%-0.68%
1 Year Performance-6.16%-18.01%-1.96%1.60%

iRhythm Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TNDM
Tandem Diabetes Care
2.8045 of 5 stars
$49.57
-4.7%
$50.58
+2.0%
+96.9%$3.36B$747.72M-22.842,400
NVCR
NovoCure
4.1582 of 5 stars
$22.15
-4.2%
$31.25
+41.1%
-55.8%$2.49B$509.34M-12.241,453Analyst Forecast
Analyst Revision
News Coverage
NVRO
Nevro
1.7668 of 5 stars
$9.45
+1.9%
$19.46
+105.9%
-59.9%$340.48M$425.17M-4.131,215Gap Down
TFX
Teleflex
4.3397 of 5 stars
$216.40
+0.5%
$257.29
+18.9%
-11.5%$10.14B$2.97B34.7414,500Positive News
SOLV
Solventum
0 of 5 stars
$55.05
-1.2%
$65.75
+19.4%
N/A$9.63BN/A0.00N/A
GMED
Globus Medical
4.6986 of 5 stars
$66.22
-0.1%
$69.40
+4.8%
+16.1%$8.96B$1.90B103.475,000Positive News
PEN
Penumbra
4.8564 of 5 stars
$196.30
+1.6%
$300.64
+53.2%
-39.5%$7.49B$1.06B82.834,200Insider Selling
High Trading Volume
GKOS
Glaukos
3.4335 of 5 stars
$113.96
-0.7%
$112.27
-1.5%
+71.1%$5.74B$326.43M-39.57907Analyst Forecast
Insider Selling
News Coverage
MMSI
Merit Medical Systems
4.5118 of 5 stars
$83.56
+0.3%
$92.78
+11.0%
-3.4%$4.86B$1.28B48.026,950Positive News
INSP
Inspire Medical Systems
4.953 of 5 stars
$156.04
+3.0%
$253.87
+62.7%
-47.8%$4.64B$624.80M-283.711,011Positive News

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This page (NASDAQ:IRTC) was last updated on 6/8/2024 by MarketBeat.com Staff

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