Invuity, Inc., a medical technology company, develops and markets surgical devices in the United States and Asia. The company through its intelligent photonics technology platform develops single-use and reusable illuminated surgical devices, which provide surgeons with illumination and direct visualization of surgical cavities. It offers various illuminated surgical devices, including Eikon LT illuminated retractor system for breast/oncoplastic/gynecology/EP/plastic/endocrine surgeries; Eiberg illuminated retractor systems for orthopedic surgeries; PhotonBlade, a recision illuminator for breast/plastics/EP/orthopedics surgeries; PhotonSaber Y, a handheld illuminator for orthopedic/spine/cardiothoracic/breast/general/gynecology/plastic surgeries; and PhotonSaber F, a handheld illuminator for spine/orthopedic/neurosurgery surgeries. The company also provides Breiten illuminated retractor systems for spine/orthopedic surgeries; Photonguide XT system, a drop-in intracavity illuminator for spine surgeries; Eika illuminated retractor systems for endocrine/spine/orthopedic surgeries; and PhotonVue, a system used in conjunction with IC Indocyanine for identifying and verifying blood flow in tissue, as well as is used in breast/plastic/colorectal surgeries. It sells its devices through direct sales representatives and independent sales agents; and directly to hospitals and surgeons, as well as to third-party medical device manufacturers. The company was formerly known as Spotlight Surgical, Inc. and changed its name to Invuity, Inc. in 2007. Invuity, Inc. was incorporated in 2004 and is based in San Francisco, California.
Industry, Sector and Symbol
Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:IVTY
CUSIPN/A
Phone415-655-2100
Debt
Debt-to-Equity Ratio2.76
Current Ratio3.38
Quick Ratio2.78
Price-To-Earnings
Trailing P/E Ratio-1.57
Forward P/E Ratio-2.12
P/E GrowthN/A
Sales & Book Value
Annual Sales$39.62 million
Price / Sales2.09
Cash FlowN/A
Price / CashN/A
Book Value($0.05) per share
Price / Book-69.00
Profitability
EPS (Most Recent Fiscal Year)($2.20)
Net Income$-39,910,000.00
Net Margins-94.51%
Return on Equity-543.34%
Return on Assets-75.18%
Miscellaneous
Employees161
Outstanding Shares24,040,000
Invuity (NASDAQ:IVTY) Frequently Asked Questions
What is Invuity's stock symbol?
Invuity trades on the NASDAQ under the ticker symbol "IVTY."
How were Invuity's earnings last quarter?
Invuity Inc (NASDAQ:IVTY) issued its quarterly earnings data on Thursday, May, 3rd. The medical instruments supplier reported ($0.62) earnings per share for the quarter, missing analysts' consensus estimates of ($0.52) by $0.10. The medical instruments supplier earned $9.51 million during the quarter, compared to analyst estimates of $9.58 million. Invuity had a negative return on equity of 543.34% and a negative net margin of 94.51%. View Invuity's Earnings History.
When is Invuity's next earnings date?
What price target have analysts set for IVTY?
3 analysts have issued 1-year target prices for Invuity's stock. Their forecasts range from $5.00 to $12.00. On average, they expect Invuity's stock price to reach $7.6667 in the next twelve months. View Analyst Ratings for Invuity.
What are Wall Street analysts saying about Invuity stock?
Here are some recent quotes from research analysts about Invuity stock:
- 1. According to Zacks Investment Research, "Invuity, Inc. is a medical technology company. Its products include Eikon Illuminated Retractor System, Saber Yankauer, Saber Frazier, Eika Illuminated Retractor System, Breiten Illuminated Retractor System, Eipex Illuminated Retractor System, Eivector Illuminated Retractor System and Waveguide XT System. The Company sells its devices through its direct sales representatives and original equipment manufacturers of surgical systems. Invuity, Inc. is based in San Francisco, California. " (5/12/2018)
- 2. Northland Securities analysts commented, "We would be remiss in not expressing our disappointment, and are lowering our PT to $6." (2/14/2018)
Are investors shorting Invuity?
Invuity saw a increase in short interest in May. As of May 31st, there was short interest totalling 1,511,716 shares, an increase of 38.1% from the May 15th total of 1,094,982 shares. Based on an average trading volume of 118,568 shares, the short-interest ratio is presently 12.7 days. Currently, 8.5% of the company's shares are short sold. View Invuity's Current Options Chain.
Who are some of Invuity's key competitors?
Some companies that are related to Invuity include Cytosorbents (CTSO), Nuvectra (NVTR), RenovaCare (RCAR), Pulse Biosciences (PLSE), Iradimed (IRMD), SeaSpine (SPNE), Apollo Endosurgery (APEN), Sensus Healthcare (SRTS), Motus GI (MOTS), Restoration Robotics (HAIR), Alphatec (ATEC), Invo Bioscience (IVOB), Neovasc (NVCN), Arch Therapeutics (ARTH) and SANUWAVE Health, Inc. Common Stock (SNWV).
Who are Invuity's key executives?
Invuity's management team includes the folowing people:
- Mr. Philip M. Sawyer, CEO, Pres & Director (Age 53)
- Mr. James H. MacKaness, Chief Financial Officer (Age 54)
- Mr. Scott D. Flora, Interim Pres, CEO & Director (Age 62)
- Mr. Alex Vayser, Co-Founder and Chief Technology Officer (Age 50)
- Mr. Douglas W. Heigel, Sr. VP of Operations (Age 57)
When did Invuity IPO?
(IVTY) raised $48 million in an initial public offering on the week of June 15th 2015. The company issued 4,000,000 shares at a price of $12.00 per share. Piper Jaffray, Leerink Partners and Stifel acted as the underwriters for the IPO and William Blair was co-manager.
Has Invuity been receiving favorable news coverage?
Headlines about IVTY stock have trended somewhat positive this week, according to Accern. The research firm identifies positive and negative news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Invuity earned a media sentiment score of 0.14 on Accern's scale. They also gave news stories about the medical instruments supplier an impact score of 44.89 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Invuity's major shareholders?
Invuity's stock is owned by many different of institutional and retail investors. Top institutional shareholders include ARKIN MOSHE (6.20%), Cannell Capital LLC (4.58%), Needham Investment Management LLC (2.88%), Millennium Management LLC (2.14%), B. Riley Financial Inc. (0.60%) and Neuberger Berman Group LLC (0.52%). Company insiders that own Invuity stock include Alex Vayser, Andrew Sale, Eric W Roberts, Gregory T Lucier, James E Flynn, James H Mackaness, Marcia Fish, Philip M Sawyer, Reza Zadno, Robert Gerberich and Scott D Flora. View Institutional Ownership Trends for Invuity.
Which institutional investors are selling Invuity stock?
Which institutional investors are buying Invuity stock?
IVTY stock was purchased by a variety of institutional investors in the last quarter, including Cannell Capital LLC, Needham Investment Management LLC, Neuberger Berman Group LLC, Millennium Management LLC, CVI Holdings LLC, Kornitzer Capital Management Inc. KS, JPMorgan Chase & Co. and Wells Fargo & Company MN. Company insiders that have bought Invuity stock in the last two years include Andrew Sale, Eric W Roberts, Gregory T Lucier, James H Mackaness, Marcia Fish and Scott D Flora. View Insider Buying and Selling for Invuity.
How do I buy shares of Invuity?
Shares of IVTY 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, Scottrade, Fidelity and Charles Schwab.
What is Invuity's stock price today?
One share of IVTY stock can currently be purchased for approximately $3.45.
How big of a company is Invuity?
Invuity has a market capitalization of $82.94 million and generates $39.62 million in revenue each year. The medical instruments supplier earns $-39,910,000.00 in net income (profit) each year or ($2.20) on an earnings per share basis. Invuity employs 161 workers across the globe.
How can I contact Invuity?
Invuity's mailing address is 444 DE HARO STREET, San Francisco CA, 94107. The medical instruments supplier can be reached via phone at 415-655-2100 or via email at [email protected]
MarketBeat Community Rating for Invuity (IVTY)
MarketBeat's community ratings are surveys of what our community members think about Invuity and other stocks. Vote "Outperform" if you believe IVTY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IVTY will underperform the S&P 500 over the long term. You may vote once every thirty days.
