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NASDAQ:IRTC - Irhythm Technologies Stock Price, Forecast & News

$80.40
-0.64 (-0.79 %)
(As of 02/28/2020 01:21 AM ET)
Today's Range
$77.64
Now: $80.40
$82.95
50-Day Range
$70.58
MA: $85.33
$89.80
52-Week Range
$56.24
Now: $80.40
$98.07
Volume452,887 shs
Average Volume338,664 shs
Market Capitalization$2.14 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.6
iRhythm Technologies, Inc, a digital healthcare company, provides ambulatory electrocardiogram (ECG) monitoring products for patients at risk for arrhythmias in the United States. The company offers Zio service, an ambulatory cardiac monitoring solution that combines a wire-free, patch-based, and wearable biosensor with a cloud-based data analytic platform to help physicians to monitor patients and diagnose arrhythmias. Read More…

Industry, Sector and Symbol

Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:IRTC
CUSIPN/A
Phone415-632-5700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$147.29 million
Book Value$2.25 per share

Profitability

Net Income$-48,280,000.00

Miscellaneous

Employees748
Market Cap$2.14 billion
Next Earnings DateN/A
OptionableOptionable

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Irhythm Technologies (NASDAQ:IRTC) Frequently Asked Questions

What is Irhythm Technologies' stock symbol?

Irhythm Technologies trades on the NASDAQ under the ticker symbol "IRTC."

How were Irhythm Technologies' earnings last quarter?

Irhythm Technologies Inc (NASDAQ:IRTC) released its quarterly earnings results on Tuesday, November, 5th. The company reported ($0.74) earnings per share for the quarter, missing analysts' consensus estimates of ($0.40) by $0.34. The business earned $55.96 million during the quarter, compared to analyst estimates of $53.76 million. Irhythm Technologies had a negative net margin of 26.45% and a negative return on equity of 67.44%. The firm's quarterly revenue was up 46.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.43) earnings per share. View Irhythm Technologies' Earnings History.

What guidance has Irhythm Technologies issued on next quarter's earnings?

Irhythm Technologies issued an update on its FY 2020 After-Hours earnings guidance on Thursday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $280-290 million, compared to the consensus revenue estimate of $283.61 million.

What price target have analysts set for IRTC?

7 brokers have issued twelve-month price objectives for Irhythm Technologies' shares. Their forecasts range from $90.00 to $125.00. On average, they anticipate Irhythm Technologies' stock price to reach $106.80 in the next twelve months. This suggests a possible upside of 32.8% from the stock's current price. View Analyst Price Targets for Irhythm Technologies.

What is the consensus analysts' recommendation for Irhythm Technologies?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Irhythm Technologies in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Irhythm Technologies.

Has Irhythm Technologies been receiving favorable news coverage?

Press coverage about IRTC stock has been trending very negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Irhythm Technologies earned a news impact score of -3.2 on InfoTrie's scale. They also gave headlines about the company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View News Stories for Irhythm Technologies.

Who are some of Irhythm Technologies' key competitors?

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 Twilio (TWLO), Tandem Diabetes Care (TNDM), Alibaba Group (BABA), Canopy Growth (CGC), NVIDIA (NVDA), Paypal (PYPL), Paycom Software (PAYC), DexCom (DXCM), Splunk (SPLK) and Square (SQ).

Who are Irhythm Technologies' key executives?

Irhythm Technologies' management team includes the folowing people:
  • Mr. Kevin M. King, Pres, CEO & Director (Age 63)
  • Mr. Matthew C. Garrett, Chief Financial Officer (Age 51)
  • Mr. David A. Vort, Exec. VP of Sales (Age 53)
  • Dr. Derrick Sung, Exec. VP of Strategy & Corp. Devel. (Age 46)
  • Mr. Karim Karti, Chief Operating Officer (Age 50)

When did Irhythm Technologies IPO?

(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 a number of of retail and institutional investors. Top institutional investors include Capital Research Global Investors (7.91%), William Blair Investment Management LLC (4.64%), Alliancebernstein L.P. (3.38%), Franklin Resources Inc. (2.56%), State Street Corp (2.53%) and Victory Capital Management Inc. (1.86%). Company insiders that own Irhythm Technologies stock include Bruce G Bodaken, David A Vort, Derrick Sung, Kevin M King, Matthew C Garrett, Merz Cathleen Noel Bairey, Raymond W Scott and Vijay K Lathi. View Institutional Ownership Trends for Irhythm Technologies.

Which major investors are selling Irhythm Technologies stock?

IRTC stock was sold by a variety of institutional investors in the last quarter, including Partner Fund Management L.P., Franklin Resources Inc., Lord Abbett & CO. LLC, Sectoral Asset Management Inc, Goldman Sachs Group Inc., Fiera Capital Corp, Man Group plc and First Trust Advisors LP. Company insiders that have sold Irhythm Technologies company stock in the last year include David A Vort, Kevin M King, Matthew C Garrett and Merz Cathleen Noel Bairey. View Insider Buying and Selling for Irhythm Technologies.

Which major investors are buying Irhythm Technologies stock?

IRTC stock was acquired by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Renaissance Technologies LLC, Capital Research Global Investors, Alliancebernstein L.P., Victory Capital Management Inc., State Street Corp, Victory Capital Management Inc. and Amundi Pioneer Asset Management Inc.. View Insider Buying and Selling for Irhythm Technologies.

How do I buy shares of Irhythm Technologies?

Shares of IRTC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Irhythm Technologies' stock price today?

One share of IRTC stock can currently be purchased for approximately $80.40.

How big of a company is Irhythm Technologies?

Irhythm Technologies has a market capitalization of $2.14 billion and generates $147.29 million in revenue each year. The company earns $-48,280,000.00 in net income (profit) each year or ($1.89) on an earnings per share basis. Irhythm Technologies employs 748 workers across the globe.View Additional Information About Irhythm Technologies.

What is Irhythm Technologies' official website?

The official website for Irhythm Technologies is http://www.irhythmtech.com/.

How can I contact Irhythm Technologies?

Irhythm Technologies' mailing address is 650 TOWNSEND STREET SUITE 500, San Francisco CA, 94103. The company can be reached via phone at 415-632-5700 or via email at [email protected]


MarketBeat Community Rating for Irhythm Technologies (NASDAQ IRTC)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  283 (Vote Outperform)
Underperform Votes:  218 (Vote Underperform)
Total Votes:  501
MarketBeat's community ratings are surveys of what our community members think about Irhythm Technologies and other stocks. Vote "Outperform" if you believe IRTC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IRTC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/28/2020 by MarketBeat.com Staff

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