NASDAQ:IRTC iRhythm Technologies (IRTC) Stock Price, News & Analysis → Healthcare Takes A Big Step Forward With The Help Of AI (From The Bull Report) (Ad) Free irtc Stock Alerts $99.41 +0.54 (+0.55%) (As of 05/14/2024 ET) Add Compare Share Share Today's Range$98.30▼$100.7750-Day Range$98.76▼$116.4352-Week Range$70.24▼$132.92Volume420,858 shsAverage Volume390,672 shsMarket Capitalization$3.09 billionP/E RatioN/ADividend YieldN/APrice Target$134.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get iRhythm Technologies alerts: Email Address iRhythm Technologies MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside34.8% Upside$134.00 Price TargetShort InterestBearish9.58% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.08Based on 3 Articles This WeekInsider TradingSelling Shares$4.27 M 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.1.36 out of 5 starsMedical Sector766th out of 928 stocksSurgical & Medical Instruments Industry84th out of 99 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 3 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 Shorted9.58% 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 6.05%, indicating that investor sentiment is decreasing significantly. 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 2.3 News and Social Media Coverage News SentimentiRhythm Technologies has a news sentiment score of 1.08. 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 0.56 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for iRhythm Technologies this week, compared to 5 articles on an average week. 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 $4,274,942.00 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 -23.50, 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 -23.50, 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 14.51. 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 Weiss RatingsThis is the best new way to score with AIIf you thought that you missed your chance to score big on AI, I have great news. A rare second profit window is starting to open.Click now for the best way into the newest AI projects 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 HeadlinesMay 9, 2024 | americanbankingnews.comiRhythm Technologies, Inc. (NASDAQ:IRTC) Receives Average Recommendation of "Buy" from AnalystsMay 7, 2024 | americanbankingnews.comiRhythm Technologies (NASDAQ:IRTC) Price Target Increased to $138.00 by Analysts at Needham & Company LLCMay 7, 2024 | americanbankingnews.comiRhythm Technologies (NASDAQ:IRTC) PT Lowered to $122.00May 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)April 5, 2024 | finance.yahoo.comLoss-Making iRhythm Technologies, Inc. (NASDAQ:IRTC) Expected To Breakeven In The Medium-TermApril 5, 2024 | prnewswire.comInvestors who lost money on iRhythm Technologies, Inc.(IRTC) should contact The Gross Law Firm about pending Class Action - IRTCApril 4, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against iRhythm Technologies, Inc. - IRTCApril 2, 2024 | stockhouse.comINVESTOR DEADLINE MONDAY: iRhythm Technologies, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - IRTCApril 2, 2024 | prnewswire.comiRhythm Technologies, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - IRTCSee 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 Earnings2/22/2024Today5/15/2024Next 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$134.00 High Stock Price Target$165.00 Low Stock Price Target$110.00 Potential Upside/Downside+34.8%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$513.17 million Price / Sales6.03 Cash FlowN/A Price / Cash FlowN/A Book Value$6.85 per share Price / Book14.51Miscellaneous Outstanding Shares31,105,000Free Float30,893,000Market Cap$3.09 billion OptionableOptionable Beta1.31 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.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 CompetitorsTandem Diabetes CareNASDAQ:TNDMPROCEPT BioRoboticsNASDAQ:PRCTAxonicsNASDAQ:AXNXInari MedicalNASDAQ:NARIICU MedicalNASDAQ:ICUIView All CompetitorsInsiders & InstitutionsCapital Research Global InvestorsSold 292 shares on 5/14/2024Ownership: 8.022%American International Group Inc.Sold 129 shares on 5/14/2024Ownership: 0.049%CANADA LIFE ASSURANCE CoSold 5,420 shares on 5/14/2024Ownership: 0.010%Bessemer Group Inc.Sold 47,776 shares on 5/13/2024Ownership: 0.887%Ameritas Investment Partners Inc.Sold 116 shares on 5/13/2024Ownership: 0.010%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 twelve months. 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 brokerages have issued 1-year price objectives for iRhythm Technologies' stock. Their IRTC share price targets range from $110.00 to $165.00. On average, they predict the company's share price to reach $134.00 in the next year. This suggests a possible upside of 34.8% 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 on January 1st, 2024. Since then, IRTC stock has decreased by 7.1% and is now trading at $99.41. 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) issued its quarterly earnings results on Thursday, February, 22nd. The company reported ($1.26) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.60) by $0.66. The company earned $132.51 million during the quarter, compared to analyst estimates of $131.14 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), SPDR S&P Health Care Equipment ETF (XHE), ROBO Global Healthcare Technology and Innovation ETF (HTEC), ROBO Global Robotics & Automation ETF (ROBO), Alger Mid Cap 40 ETF (FRTY), 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 earnings per share 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 $13.00-$15.00 per share. J.P. Morgan and Morgan Stanley served 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 many different retail and institutional 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, Mark J Day, Merz Cathleen Noel Bairey, Patrick Michael Murphy and Quentin S Blackford. 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. This page (NASDAQ:IRTC) was last updated on 5/15/2024 by MarketBeat.com Staff From Our PartnersHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportBiden to Drop BOMBSHELL June 13th?Paradigm PressTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaDemocrats Push to Replace Dollar With Digital Coin, Control Currency.Monetary GoldForget the “Magnificent 7” Tech Companies, Buy This AI Stock InsteadBanyan Hill Publishingis this a buy and hold stock?Tips4TradersWith revenue forecasted to grow dramatically in 2024 and beyond, this company should be on your radarStocks NewsThe “Next Bitcoin”? 10 CENT Crypto Set to ExplodeTrue Market Insiders Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding iRhythm Technologies, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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