NASDAQ:IRTC iRhythm Technologies (IRTC) Stock Price, News & Analysis → The new masters of energy (From Porter & Company) (Ad) Free IRTC Stock Alerts $95.66 -2.19 (-2.24%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$94.64▼$97.4550-Day Range$84.07▼$116.4352-Week Range$70.24▼$124.11Volume486,027 shsAverage Volume366,193 shsMarket Capitalization$2.98 billionP/E RatioN/ADividend YieldN/APrice Target$133.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get iRhythm Technologies alerts: Email Address iRhythm Technologies MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside39.3% Upside$133.25 Price TargetShort InterestBearish9.84% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.84Based on 13 Articles This WeekInsider TradingSelling Shares$145,901 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($3.22) to ($2.14) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.65 out of 5 starsMedical Sector619th out of 904 stocksSurgical & Medical Instruments Industry75th out of 97 stocks 3.5 Analyst's Opinion Consensus RatingiRhythm Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageiRhythm Technologies has only been the subject of 2 research reports in the past 90 days.Read more about iRhythm Technologies' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.84% of the outstanding shares of iRhythm Technologies have been sold short.Short Interest Ratio / Days to CoveriRhythm Technologies has a short interest ratio ("days to cover") of 6.3.Change versus previous monthShort interest in iRhythm Technologies has recently increased by 2.68%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldiRhythm Technologies does not currently pay a dividend.Dividend GrowthiRhythm Technologies does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IRTC. Previous Next 3.8 News and Social Media Coverage News SentimentiRhythm Technologies has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.73 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 13 news articles for iRhythm Technologies this week, compared to 5 articles on an average week.Search Interest1 people have searched for IRTC on MarketBeat in the last 30 days. MarketBeat Follows3 people have added iRhythm Technologies to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, iRhythm Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $145,901.00 in company stock.Percentage Held by InsidersOnly 0.68% of the stock of iRhythm Technologies is held by insiders.Read more about iRhythm Technologies' insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for iRhythm Technologies are expected to grow in the coming year, from ($3.22) to ($2.14) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of iRhythm Technologies is -22.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of iRhythm Technologies is -22.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioiRhythm Technologies has a P/B Ratio of 13.96. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about iRhythm Technologies' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Daily Market AlertsTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world's most powerful tech companies (including Microsoft, Intel, and Google) investing billions. And one tiny company will be the driving force behind this new tech revolution…Click below for your free report "Top 5 Tech Stocks to Buy in 2024", About iRhythm Technologies Stock (NASDAQ:IRTC)iRhythm Technologies, Inc., a digital healthcare company, engages in the design, development, and commercialization of device-based technology to provide ambulatory cardiac monitoring services to diagnose arrhythmias in the United States. It offers Zio services, an ambulatory monitoring solution, including long-term and short-term continuous monitoring and mobile cardiac telemetry monitoring services. The company also provides the Zio Monitor System, a prescription-only, remote electrocardiogram (ECG) monitoring system that consists of a patch ECG monitor that records the electric signal from the heart continuously for up to 14 days and the Zio ECG Utilization Software System, which supports the capture and analysis of ECG data recorded by the Zio Monitor patch at the end of the wear period, including specific arrhythmia events detected by the ZEUS System; the Zio XT System is the previous generation of the Zio Monitor System and is a prescription-only, remote ECG monitoring system that consists of the Zio XT patch that records the electric signal from the heart continuously for up to 14 days; and the Zio AT system, a prescription-only, remote ECG monitoring system that similarly consists of the Zio AT patch that records the electric signal from the heart continuously for up to 14 days and the ZEUS System, but which also incorporates the Zio AT wireless gateway that provides connectivity between the Zio AT patch and the ZEUS System during the patient wear period. It has a development collaboration agreement with Verily Life Sciences LLC and Verity Ireland Limited to develop various next-generation atrial fibrillation screening, detection, or monitoring products. The company was incorporated in 2006 and is headquartered in San Francisco, California.Read More IRTC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IRTC Stock News HeadlinesJune 6 at 7:54 AM | insidertrades.comiRhythm Technologies, Inc. (NASDAQ:IRTC) CAO Marc W. Rosenbaum Sells 510 SharesJune 7 at 6:46 AM | americanbankingnews.comMarc W. Rosenbaum Sells 510 Shares of iRhythm Technologies, Inc. (NASDAQ:IRTC) StockJune 7 at 5:52 AM | americanbankingnews.comSumi Shrishrimal Sells 1,131 Shares of iRhythm Technologies, Inc. (NASDAQ:IRTC) StockJune 6 at 3:22 AM | americanbankingnews.comBrokerages Set iRhythm Technologies, Inc. (NASDAQ:IRTC) Price Target at $134.00June 4, 2024 | globenewswire.comiRhythm Technologies to Present at the 2024 Truist Securities MedTech ConferenceMay 29, 2024 | markets.businessinsider.comAnalysts Are Bullish on Top Healthcare Stocks: Globus Medical (GMED), Irhythm Technologies (IRTC)May 22, 2024 | globenewswire.comiRhythm Technologies to Present at the William Blair 44th Annual Growth Stock ConferenceMay 15, 2024 | money.usnews.comiRhythm Technologies IncMay 5, 2024 | finance.yahoo.comAnalyst Estimates: Here's What Brokers Think Of iRhythm Technologies, Inc. (NASDAQ:IRTC) After Its First-Quarter ReportMay 3, 2024 | markets.businessinsider.comOppenheimer Reaffirms Their Buy Rating on Irhythm Technologies (IRTC)May 3, 2024 | markets.businessinsider.comThe Analyst Landscape: 4 Takes On iRhythm TechnologiesMay 3, 2024 | finance.yahoo.comQ1 2024 iRhythm Technologies Inc Earnings CallMay 3, 2024 | investorplace.comIRTC Stock Earnings: iRhythm Technologies Misses EPS, Beats Revenue for Q1 2024May 2, 2024 | finance.yahoo.comiRhythm Technologies Announces First Quarter 2024 Financial ResultsMay 2, 2024 | finance.yahoo.comiRhythm Technologies Reports Q1 2024 Results: Revenue Surpasses Estimates Amidst Wider LossesMay 1, 2024 | markets.businessinsider.comiRhythm Technologies is about to announce its earnings — here's what Wall Street expectsApril 23, 2024 | finance.yahoo.comWhat Makes iRhythm Technologies (IRTC) a Lucrative Investment?April 18, 2024 | globenewswire.comiRhythm Technologies to Report First Quarter 2024 Financial Results on May 2, 2024April 8, 2024 | markets.businessinsider.com24 HOUR DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of iRhythmApril 8, 2024 | investing.comIRTC DEADLINE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages iRhythm Technologies, Inc. Investors to Secure Counsel Before Important April 8 Deadline in Securities Class Action “ IRTCApril 8, 2024 | businesswire.comIRTC DEADLINE TODAY: ROSEN, A RANKED AND LEADING FIRM, Encourages iRhythm Technologies, Inc. Investors to Secure Counsel Before Important April 8 Deadline in Securities Class Action – IRTCApril 8, 2024 | prnewswire.comShareholders that lost money on iRhythm Technologies, Inc.(IRTC) Urged to Join Class Action - Contact Levi & Korsinsky to Learn MoreApril 6, 2024 | morningstar.comLost Money on iRhythm Technologies, Inc. (IRTC)? Join Class Action Suit Seeking Recovery – Contact Levi & KorsinskyApril 6, 2024 | markets.businessinsider.comINVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of iRhythmApril 5, 2024 | businesswire.comThe Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against iRhythm Technologies, Inc. (IRTC)See More Headlines Receive IRTC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for iRhythm Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/02/2024Today6/08/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Surgical & medical instruments Sub-IndustryN/A Current SymbolNASDAQ:IRTC CUSIPN/A CIK1388658 Webwww.irhythmtech.com Phone(415) 632-5700FaxN/AEmployees2,000Year FoundedN/APrice Target and Rating Average Stock Price Target$133.25 High Stock Price Target$165.00 Low Stock Price Target$110.00 Potential Upside/Downside+39.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($4.23) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-123,410,000.00 Net Margins-25.33% Pretax Margin-25.19% Return on Equity-69.87% Return on Assets-23.50% Debt Debt-to-Equity Ratio7.13 Current Ratio7.10 Quick Ratio6.95 Sales & Book Value Annual Sales$492.68 million Price / Sales6.04 Cash FlowN/A Price / Cash FlowN/A Book Value$6.85 per share Price / Book13.96Miscellaneous Outstanding Shares31,100,000Free Float30,893,000Market Cap$2.98 billion OptionableOptionable Beta1.24 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Quentin S. Blackford (Age 45)President, CEO & Director Comp: $2.15MMr. Brice Bobzien CPA (Age 45)Chief Financial Officer Comp: $685.12kDr. Minang P. Turakhia M.D. (Age 50)M.S., Chief Medical & Scientific Officer and Executive VP of Product Innovation Comp: $1MMr. Patrick Michael Murphy J.D. (Age 45)Chief Business & Legal Officer Comp: $1.28MMr. Douglas J. Devine (Age 54)Executive Advisor Comp: $800kMr. Chad M. Patterson (Age 42)Chief Commercial Officer Comp: $771.51kMr. Marc Rosenbaum (Age 52)Senior VP of Finance & Chief Accounting Officer Mr. Mark J. Day Ph.D. (Age 53)Chief Technology Officer Comp: $718.76kMr. Daniel G. Wilson (Age 41)Executive VP of Corporate Development & Investor Relations Comp: $670.09kMs. Sumi Shrishrimal (Age 45)Executive VP & Chief Risk Officer More ExecutivesKey CompetitorsTeleflexNYSE:TFXSolventumNYSE:SOLVGlobus MedicalNYSE:GMEDPenumbraNYSE:PENGlaukosNYSE:GKOSView All CompetitorsInsiders & InstitutionsSumi ShrishrimalSold 1,131 sharesTotal: $100,557.21 ($88.91/share)Marc W RosenbaumSold 510 sharesTotal: $45,344.10 ($88.91/share)Comerica BankBought 38,204 shares on 5/17/2024Ownership: 0.125%Shaolin Capital Management LLCBought 29,900 shares on 5/17/2024Ownership: 0.096%Walleye Trading LLCBought 1,200 shares on 5/17/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions IRTC Stock Analysis - Frequently Asked Questions Should I buy or sell iRhythm Technologies stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for iRhythm Technologies in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" IRTC shares. View IRTC analyst ratings or view top-rated stocks. What is iRhythm Technologies' stock price target for 2024? 7 Wall Street research analysts have issued 1 year target prices for iRhythm Technologies' stock. Their IRTC share price targets range from $110.00 to $165.00. On average, they anticipate the company's share price to reach $133.25 in the next twelve months. This suggests a possible upside of 39.3% from the stock's current price. View analysts price targets for IRTC or view top-rated stocks among Wall Street analysts. How have IRTC shares performed in 2024? iRhythm Technologies' stock was trading at $107.04 at the beginning of the year. Since then, IRTC shares have decreased by 10.6% and is now trading at $95.66. View the best growth stocks for 2024 here. When is iRhythm Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our IRTC earnings forecast. How were iRhythm Technologies' earnings last quarter? iRhythm Technologies, Inc. (NASDAQ:IRTC) released its quarterly earnings results on Thursday, May, 2nd. The company reported ($1.47) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.99) by $0.48. The business had revenue of $131.93 million for the quarter, compared to analyst estimates of $128.87 million. iRhythm Technologies had a negative net margin of 25.33% and a negative trailing twelve-month return on equity of 69.87%. What ETFs hold iRhythm Technologies' stock? ETFs with the largest weight of iRhythm Technologies (NASDAQ:IRTC) stock in their portfolio include Global X Telemedicine & Digital Health ETF (EDOC), Fidelity Digital Health ETF (FDHT), Alger Mid Cap 40 ETF (FRTY), BNY Mellon Innovators ETF (BKIV), SPDR S&P Health Care Equipment ETF (XHE), ROBO Global Healthcare Technology and Innovation ETF (HTEC), Harbor Health Care ETF (MEDI) and First Trust Nasdaq Lux Digital Health Solutions ETF (EKG). What guidance has iRhythm Technologies issued on next quarter's earnings? iRhythm Technologies issued an update on its FY 2024 earnings guidance on Friday, May, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $578.0 million-$588.0 million, compared to the consensus revenue estimate of $580.8 million. What is Kevin M. King's approval rating as iRhythm Technologies' CEO? 20 employees have rated iRhythm Technologies Chief Executive Officer Kevin M. King on Glassdoor.com. Kevin M. King has an approval rating of 91% among the company's employees. This puts Kevin M. King in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of iRhythm Technologies own? Based on aggregate information from My MarketBeat watchlists, some companies that other iRhythm Technologies investors own include NVIDIA (NVDA), Alibaba Group (BABA), Salesforce (CRM), Block (SQ), Teladoc Health (TDOC), Trade Desk (TTD), Advanced Micro Devices (AMD), Intel (INTC), Broadcom (AVGO) and Boeing (BA). When did iRhythm Technologies IPO? iRhythm Technologies (IRTC) raised $76 million in an initial public offering (IPO) on Thursday, October 20th 2016. The company issued 5,400,000 shares at a price of $13.00-$15.00 per share. J.P. Morgan and Morgan Stanley acted as the underwriters for the IPO and Canaccord Genuity and BTIG were co-managers. Who are iRhythm Technologies' major shareholders? iRhythm Technologies' stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.48%), Capital Research Global Investors (8.02%), Blair William & Co. IL (2.68%), Champlain Investment Partners LLC (1.85%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (1.65%) and Westfield Capital Management Co. LP (1.62%). Insiders that own company stock include Daniel G Wilson, David A Vort, Douglas Devine, Kevin M King, Marc W Rosenbaum, Mark J Day, Merz Cathleen Noel Bairey, Patrick Michael Murphy, Quentin S Blackford and Sumi Shrishrimal. View institutional ownership trends. How do I buy shares of iRhythm Technologies? Shares of IRTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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