Invuity Company Profile (NASDAQ:IVTY)

About Invuity (NASDAQ:IVTY)

Invuity logoInvuity, Inc., a medical technology company, develops various surgical devices to address various surgical procedures in the United States. The company integrates its intelligent photonics technology platform into its single-use and reusable advanced surgical devices to address various critical intracavity illumination and visualization challenges. It offers various illuminated surgical devices, including Eikon LT Illuminated and Eikon illuminated retractor systems for breast oncology/oncoplastic/general/orthopedics surgeries; Saber Yankauer, a handheld illuminator for orthopedic/spine/cardiothoracic/breast/general surgeries; and Saber Frazier, a handheld illuminator for spine/orthopedic/neurosurgery surgeries. The company also provides Eika illuminated retractor systems for anterior neck approaches comprising thyroid and cervical spine surgeries; Breiten illuminated retractor systems for spine surgeries; Eipex illuminated retractor systems for spine/orthopedic surgeries; Eivector illuminated and Eiberg Illuminated retractor systems for orthopedic surgeries; and Waveguide XT system, a drop-in intracavity illuminator for spine surgeries. Invuity, Inc. sells its devices through its 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:
  • Sector: Medical
  • Industry: Medical Instruments & Supplies
  • Sub-Industry: N/A
  • Symbol: NASDAQ:IVTY
  • CUSIP: N/A
  • Web: www.invuity.com
Capitalization:
  • Market Cap: $141.52 million
  • Outstanding Shares: 17,050,000
Average Prices:
  • 50 Day Moving Avg: $8.40
  • 200 Day Moving Avg: $8.40
  • 52 Week Range: $4.50 - $14.00
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -4.91
  • P/E Growth: -0.14
Sales & Book Value:
  • Annual Revenue: $36.63 million
  • Price / Sales: 3.86
  • Book Value: $0.75 per share
  • Price / Book: 11.07
Profitability:
  • EBIDTA: ($35,610,000.00)
  • Net Margins: -114.61%
  • Return on Equity: -140.69%
  • Return on Assets: -68.16%
Debt:
  • Debt-to-Equity Ratio: 1.51%
  • Current Ratio: 3.07%
  • Quick Ratio: 2.63%
Misc:
  • Average Volume: 93,971 shs.
  • Beta: -0.19
  • Short Ratio: 6.06
 

Frequently Asked Questions for Invuity (NASDAQ:IVTY)

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) announced its earnings results on Tuesday, July, 25th. The company reported ($0.61) EPS for the quarter, missing the consensus estimate of ($0.54) by $0.07. The business earned $9.77 million during the quarter, compared to analyst estimates of $10.30 million. Invuity had a negative return on equity of 140.69% and a negative net margin of 114.61%. View Invuity's Earnings History.

When will Invuity make its next earnings announcement?

Invuity is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Invuity.

Where is Invuity's stock going? Where will Invuity's stock price be in 2017?

4 brokerages have issued 12 month target prices for Invuity's shares. Their predictions range from $10.00 to $13.00. On average, they anticipate Invuity's share price to reach $11.00 in the next twelve months. View Analyst Ratings for Invuity.

What are 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. " (7/28/2017)
  • 2. Stifel Nicolaus analysts commented, "Following Invuity's early January top-line pre-announcement giving a potential $9.1M-$9.3M revenue range, the company's full 4Q16 release and call provided both more positive details on the quarter and critical revenue measures, all of which suggests the business has stabilized after slower than expected 3Q16 results. At $9.4M, 4Q16 sales were a touch ahead of the company's preliminary range. Encouragingly, revenue per account at $12,100 (+10% Y/Y, 5% Q/Q) -- a critical measure for assessing the company's "go-deep" strategy -- appears stable. Equally impressive, the company continued to expand its active hospital account base which now stands at 745 (+41% Y/Y). Management again reaffirmed 2017 top-line guidance of $42M-$44M, which, in our view, could prove conservative given 4Q16 stable revenue/account, new accounts adds, and "modest" contribution from the mid-year 2017 expected full launch of PhotonBlade. We continue to believe Invuity's highly differentiated, and expanding, portfolio of procedure enhancing technologies will continue to demonstrate meaningful growth potential across a broad array of medical specialties. At current valuation levels, 1.6x 2018 EV/R (peer group: ~3.0x), Invuity would appear undervalued, given the company's significant top-line growth outlook. We rate Invuity shares Buy with a now higher $9 (from $8) target price." (2/15/2017)

Are investors shorting Invuity?

Invuity saw a increase in short interest in August. As of August 15th, there was short interest totalling 1,011,546 shares, an increase of 49.3% from the July 31st total of 677,615 shares. Based on an average daily trading volume, of 200,883 shares, the days-to-cover ratio is currently 5.0 days. Approximately 8.5% of the company's shares are short sold.

Who are some of Invuity's key competitors?

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 $12.00 per share. Piper Jaffray, Leerink Partners and Stifel acted as the underwriters for the IPO and William Blair was co-manager.

Who owns Invuity stock?

Invuity's stock is owned by a number of of retail and institutional investors. Top institutional investors include DISCOVERY GROUP I, LLC (7.10%), InterWest Venture Management Co (6.36%), FMR LLC (4.80%), Lyon Street Capital LLC (4.48%), B. Riley Financial Inc. (2.93%) and Cowen Prime Services LLC (2.76%). Company insiders that own Invuity stock include Alex Vayser, Eric W Roberts, Gregory T Lucier, James E Flynn, James H Mackaness, Philip M Sawyer, Reza Zadno and Robert Gerberich. View Institutional Ownership Trends for Invuity.

Who sold Invuity stock? Who is selling Invuity stock?

Invuity's stock was sold by a variety of institutional investors in the last quarter, including Granite Investment Partners LLC and FMR LLC. Company insiders that have sold Invuity stock in the last year include Alex Vayser, Eric W Roberts, James E Flynn, Philip M Sawyer, Reza Zadno and Robert Gerberich. View Insider Buying and Selling for Invuity.

Who bought Invuity stock? Who is buying Invuity stock?

Invuity's stock was purchased by a variety of institutional investors in the last quarter, including B. Riley Financial Inc., Summit Partners Public Asset Management LLC, Cowen Prime Services LLC, Royce & Associates LP, Vanguard Group Inc., OxFORD Asset Management LLP, Lyon Street Capital LLC and CAPROCK Group Inc.. Company insiders that have bought Invuity stock in the last two years include Eric W Roberts, Gregory T Lucier and James H Mackaness. View Insider Buying and Selling for Invuity.

How do I buy Invuity stock?

Shares of Invuity can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Invuity's stock price today?

One share of Invuity stock can currently be purchased for approximately $8.30.


MarketBeat Community Rating for Invuity (NASDAQ IVTY)
Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  93 (Vote Outperform)
Underperform Votes:  76 (Vote Underperform)
Total Votes:  169
MarketBeat's community ratings are surveys of what our community members think about Invuity and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Invuity (NASDAQ:IVTY) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $11.00 (32.53% upside)

Analysts' Ratings History for Invuity (NASDAQ:IVTY)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/26/2017Piper Jaffray CompaniesReiterated RatingBuy$10.00HighView Rating Details
6/13/2017Northland SecuritiesSet Price TargetBuy$13.00HighView Rating Details
5/23/2017William BlairReiterated RatingBuyLowView Rating Details
4/27/2017Stifel NicolausReiterated RatingBuy -> Buy$9.00 -> $10.00HighView Rating Details
9/19/2016Lake Street CapitalInitiated CoverageBuy$18.00 -> $18.00N/AView Rating Details
8/29/2016Craig HallumInitiated CoverageBuy$25.00N/AView Rating Details
6/23/2016Leerink SwannReiterated RatingBuy$15.00N/AView Rating Details
(Data available from 9/23/2015 forward)

Earnings

Earnings History for Invuity (NASDAQ:IVTY)
Earnings by Quarter for Invuity (NASDAQ:IVTY)
Earnings History by Quarter for Invuity (NASDAQ IVTY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017($0.56)N/AView Earnings Details
7/25/2017Q2 2017($0.54)($0.61)$10.30 million$9.77 millionViewN/AView Earnings Details
4/26/2017Q1 2017($0.61)($0.64)$8.71 million$9.02 millionViewN/AView Earnings Details
2/14/2017Q4 2016($0.56)($0.56)$9.14 million$9.36 millionViewListenView Earnings Details
11/3/2016Q3($0.62)($0.56)$9.29 million$8.48 millionViewListenView Earnings Details
7/19/2016Q2($0.81)($0.76)$8.04 million$8.20 millionViewListenView Earnings Details
5/5/2016Q1($0.68)($0.90)$6.10 million$6.40 millionViewListenView Earnings Details
2/24/2016Q4($0.72)($0.76)$5.77 million$6.25 millionViewListenView Earnings Details
11/10/2015Q315($0.96)($0.69)$5.05 million$5.60 millionViewListenView Earnings Details
8/11/2015Q215($0.75)($3.20)$4.55 million$4.70 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Invuity (NASDAQ:IVTY)
2017 EPS Consensus Estimate: ($1.85)
2018 EPS Consensus Estimate: ($1.26)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($0.63)($0.47)($0.57)
Q2 20173($0.56)($0.38)($0.48)
Q3 20173($0.53)($0.28)($0.42)
Q4 20173($0.49)($0.17)($0.37)
Q1 20182($0.52)($0.18)($0.35)
Q2 20182($0.36)($0.10)($0.23)
Q3 20181($0.34)($0.34)($0.34)
Q4 20181($0.34)($0.34)($0.34)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Invuity (NASDAQ:IVTY)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Invuity (NASDAQ:IVTY)
Insider Ownership Percentage: 10.50%
Institutional Ownership Percentage: 68.87%
Insider Trades by Quarter for Invuity (NASDAQ:IVTY)
Institutional Ownership by Quarter for Invuity (NASDAQ:IVTY)
Insider Trades by Quarter for Invuity (NASDAQ:IVTY)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/18/2017Eric W RobertsDirectorBuy6,500$7.07$45,955.00View SEC Filing  
5/15/2017Eric W RobertsDirectorBuy5,000$7.88$39,400.00View SEC Filing  
5/9/2017Eric W RobertsDirectorBuy2,000$8.80$17,600.00View SEC Filing  
5/3/2017Reza ZadnoDirectorSell4,000$9.16$36,640.00View SEC Filing  
12/14/2016James E FlynnInsiderSell184,796$6.22$1,149,431.12View SEC Filing  
11/8/2016James H MackanessCFOBuy1,700$5.75$9,775.00View SEC Filing  
10/17/2016Eric W RobertsDirectorSell1,000$12.08$12,080.00View SEC Filing  
10/6/2016Philip M SawyerInsiderSell900$13.01$11,709.00View SEC Filing  
10/6/2016Robert GerberichVPSell1,500$12.72$19,080.00View SEC Filing  
10/3/2016Alex VayserInsiderSell3,000$13.18$39,540.00View SEC Filing  
9/22/2016Eric W RobertsDirectorSell2,201$14.00$30,814.00View SEC Filing  
9/15/2016Eric W RobertsDirectorSell5,000$13.47$67,350.00View SEC Filing  
9/2/2016Eric W RobertsDirectorSell26,839$14.00$375,746.00View SEC Filing  
9/1/2016Alex VayserInsiderSell7,000$14.00$98,000.00View SEC Filing  
8/24/2016Alex VayserInsiderSell9,000$12.78$115,020.00View SEC Filing  
8/24/2016Robert GerberichVPSell10,500$12.53$131,565.00View SEC Filing  
8/23/2016Eric W RobertsDirectorSell5,000$12.00$60,000.00View SEC Filing  
7/21/2016Alex VayserInsiderSell12,000$12.00$144,000.00View SEC Filing  
7/21/2016Eric W RobertsDirectorSell42,000$12.00$504,000.00View SEC Filing  
6/10/2016Gregory T LucierDirectorBuy8,442$7.56$63,821.52View SEC Filing  
6/7/2016Gregory T LucierDirectorBuy5,601$7.00$39,207.00View SEC Filing  
6/6/2016Gregory T LucierDirectorBuy26,728$6.90$184,423.20View SEC Filing  
5/18/2016James H MackanessCFOBuy2,000$5.08$10,160.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Invuity (NASDAQ:IVTY)
Latest Headlines for Invuity (NASDAQ:IVTY)
Source:
DateHeadline
americanbankingnews.com logoEkso Bionics Holdings (EKSO) & Invuity (IVTY) Critical Contrast
www.americanbankingnews.com - September 18 at 2:30 PM
finance.yahoo.com logoInvuity to Present at Cantor Fitzgerald Global Healthcare Conference
finance.yahoo.com - September 14 at 6:39 AM
americanbankingnews.com logoZacks: Brokerages Anticipate Invuity, Inc. (IVTY) Will Post Quarterly Sales of $10.15 Million
www.americanbankingnews.com - September 11 at 11:36 AM
americanbankingnews.com logoInvuity (IVTY) and Ekso Bionics Holdings (EKSO) Head-To-Head Analysis
www.americanbankingnews.com - September 11 at 10:40 AM
americanbankingnews.com logoInvuity (IVTY) and Ekso Bionics Holdings (EKSO) Financial Review
www.americanbankingnews.com - September 5 at 10:22 AM
americanbankingnews.com logoInvuity, Inc. (IVTY) Rating Increased to Sell at ValuEngine
www.americanbankingnews.com - September 3 at 12:28 AM
americanbankingnews.com logoInvuity, Inc. (IVTY) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - September 2 at 10:40 AM
streetinsider.com logoInvuity, Inc. (IVTY) Appoints Daniel Wolterman to Board
www.streetinsider.com - September 1 at 1:09 AM
finance.yahoo.com logoDaniel Wolterman Joins Invuity’s Board of Directors
finance.yahoo.com - August 31 at 6:25 AM
americanbankingnews.com logoEkso Bionics Holdings (EKSO) vs. Invuity (IVTY) Head-To-Head Comparison
www.americanbankingnews.com - August 28 at 8:10 PM
americanbankingnews.com logoInvuity, Inc. (IVTY) Sees Significant Increase in Short Interest
www.americanbankingnews.com - August 28 at 1:20 AM
americanbankingnews.com logo$10.15 Million in Sales Expected for Invuity, Inc. (IVTY) This Quarter
www.americanbankingnews.com - August 23 at 11:06 AM
finance.yahoo.com logoETFs with exposure to Invuity, Inc. : August 8, 2017
finance.yahoo.com - August 8 at 7:43 PM
americanbankingnews.com logoInvuity, Inc. (IVTY) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - August 8 at 11:04 AM
americanbankingnews.com logoZacks: Analysts Expect Invuity, Inc. (NASDAQ:IVTY) Will Announce Quarterly Sales of $10.15 Million
www.americanbankingnews.com - August 5 at 7:42 AM
americanbankingnews.com logoZacks: Analysts Anticipate Invuity, Inc. (NASDAQ:IVTY) Will Post Earnings of -$0.56 Per Share
www.americanbankingnews.com - August 3 at 8:24 AM
americanbankingnews.com logoHead to Head Comparison: Invuity (NASDAQ:IVTY) and Strata Skin Sciences (SSKN)
www.americanbankingnews.com - July 30 at 7:27 AM
americanbankingnews.com logoZacks Investment Research Downgrades Invuity, Inc. (NASDAQ:IVTY) to Sell
www.americanbankingnews.com - July 29 at 12:58 AM
americanbankingnews.com logoWilliam Blair Equities Analysts Reduce Earnings Estimates for Invuity, Inc. (NASDAQ:IVTY)
www.americanbankingnews.com - July 28 at 12:39 PM
americanbankingnews.com logoLeerink Swann Weighs in on Invuity, Inc.'s Q3 2017 Earnings (NASDAQ:IVTY)
www.americanbankingnews.com - July 28 at 11:27 AM
americanbankingnews.com logoFinancial Comparison: Invuity (NASDAQ:IVTY) vs. Strata Skin Sciences (SSKN)
www.americanbankingnews.com - July 28 at 8:10 AM
finance.yahoo.com logoInvuity, Inc. :IVTY-US: Earnings Analysis: Q2, 2017 By the Numbers : July 27, 2017
finance.yahoo.com - July 27 at 11:29 PM
finance.yahoo.com logoEdited Transcript of IVTY earnings conference call or presentation 25-Jul-17 9:00pm GMT
finance.yahoo.com - July 27 at 5:19 AM
americanbankingnews.com logoInvuity, Inc. (NASDAQ:IVTY) Announces Quarterly Earnings Results, Misses Estimates By $0.07 EPS
www.americanbankingnews.com - July 26 at 1:06 PM
finance.yahoo.com logoInvestor Network: Invuity Inc to Host Earnings Call
finance.yahoo.com - July 25 at 8:53 PM
finance.yahoo.com logoInvuity Reports 2017 Second Quarter, Six-Month Financial Results
finance.yahoo.com - July 25 at 8:53 PM
finance.yahoo.com logoInvuity reports 2Q loss
finance.yahoo.com - July 25 at 8:53 PM
americanbankingnews.com logoFinancial Comparison: Unilife Corp (UNIS) & Invuity (NASDAQ:IVTY)
www.americanbankingnews.com - July 21 at 10:16 AM
americanbankingnews.com logoInvuity, Inc. (NASDAQ:IVTY) Expected to Announce Quarterly Sales of $10.30 Million
www.americanbankingnews.com - July 14 at 4:21 PM
americanbankingnews.com logoStrata Skin Sciences (SSKN) vs. Invuity (NASDAQ:IVTY) Head-To-Head Contrast
www.americanbankingnews.com - July 14 at 12:57 PM
americanbankingnews.com logoInvuity, Inc. (NASDAQ:IVTY) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - July 14 at 11:18 AM
finance.yahoo.com logoInvuity Inc. Showcased PhotonBlade at Premier Inc.’s Annual Breakthroughs Conference
finance.yahoo.com - July 13 at 3:48 AM
americanbankingnews.com logoInvuity, Inc. (IVTY) Expected to Post Earnings of -$0.54 Per Share
www.americanbankingnews.com - July 12 at 8:18 AM
finance.yahoo.com logoInvuity Announces 2017 Second Quarter Financial Results and Conference Call Date
finance.yahoo.com - July 12 at 12:13 AM
americanbankingnews.com logoFinancial Survey: Invuity (NASDAQ:IVTY) and Unilife Corp (UNIS)
www.americanbankingnews.com - July 3 at 9:00 AM
americanbankingnews.com logoHead to Head Survey: Strata Skin Sciences (SSKN) & Invuity (NASDAQ:IVTY)
www.americanbankingnews.com - July 1 at 2:22 PM
americanbankingnews.com logoInvuity, Inc. (IVTY) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - June 28 at 12:38 AM
americanbankingnews.com logoInvuity, Inc. (IVTY) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - June 19 at 11:04 AM
americanbankingnews.com logoNorthland Securities Reiterates "$13.00" Price Target for Invuity, Inc. (IVTY)
www.americanbankingnews.com - June 18 at 3:02 PM
americanbankingnews.com logoInvuity, Inc. (IVTY) Expected to Announce Quarterly Sales of $10.30 Million
www.americanbankingnews.com - June 18 at 10:48 AM
americanbankingnews.com logoZacks: Analysts Expect Invuity, Inc. (IVTY) Will Announce Earnings of -$0.55 Per Share
www.americanbankingnews.com - June 16 at 11:38 AM
americanbankingnews.com logoInvuity, Inc. (IVTY) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - June 13 at 12:52 PM
finance.yahoo.com logoInvuity Provides Update on PhotonBlade Commercialization
finance.yahoo.com - June 13 at 10:49 AM
americanbankingnews.com logoInvuity, Inc. (IVTY) Short Interest Update
www.americanbankingnews.com - June 10 at 7:22 AM
finance.yahoo.com logoETFs with exposure to Invuity, Inc. : June 8, 2017
finance.yahoo.com - June 8 at 6:59 PM
americanbankingnews.com logoHalyard Health (HYH) vs. Invuity (IVTY) Head-To-Head Review
www.americanbankingnews.com - June 6 at 6:22 PM
finance.yahoo.com logoInvuity to Present at William Blair Growth Stock Conference
finance.yahoo.com - May 30 at 5:48 PM
americanbankingnews.com logoZacks Investment Research Upgrades Invuity, Inc. (IVTY) to Hold
www.americanbankingnews.com - May 27 at 12:20 AM
americanbankingnews.com logoInvuity, Inc. (IVTY) to Post Q2 2017 Earnings of ($0.51) Per Share, William Blair Forecasts
www.americanbankingnews.com - May 25 at 7:22 AM
americanbankingnews.com logoInvuity, Inc. (IVTY) Research Coverage Started at William Blair
www.americanbankingnews.com - May 23 at 10:37 PM

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Invuity (IVTY) Chart for Saturday, September, 23, 2017

This page was last updated on 9/23/2017 by MarketBeat.com Staff