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NASDAQ:NARI

Inari Medical (NARI) Stock Price, News & Analysis

$53.83
-1.37 (-2.48%)
(As of 07/26/2024 ET)
Today's Range
$53.77
$56.10
50-Day Range
$43.23
$58.62
52-Week Range
$36.73
$71.85
Volume
1.05 million shs
Average Volume
1.03 million shs
Market Capitalization
$3.13 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$64.83

Inari Medical MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
20.4% Upside
$64.83 Price Target
Short Interest
Bearish
8.94% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.92mentions of Inari Medical in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$13.11 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.41) to $0.20 Per Share

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.

2.39 out of 5 stars

Medical Sector

612th out of 936 stocks

Surgical & Medical Instruments Industry

74th out of 101 stocks

NARI stock logo

About Inari Medical Stock (NASDAQ:NARI)

Inari Medical, Inc. builds minimally invasive, novel, and catheter-based mechanical thrombectomy devices and accessories for the specific disease states in the United States. The company provides ClotTriever system, which is designed to core, capture, and remove large clots from large vessels for treatment of deep vein thrombosis and peripheral thrombus; FlowTriever system, a large bore catheter-based aspiration and mechanical thrombectomy system to remove large clots from large vessels in the peripheral vasculature for treating pulmonary embolism and other complex venous thromboembolism cases; InThrill system to treat small vessel thrombosis; and LimFlow system for patients who have chronic limb-threatening ischemia with no suitable endovascular or surgical revascularization options and risk of major amputation. It serves interventional radiologists, interventional cardiologists, and vascular surgeons. The company was formerly known as Inceptus Newco1 Inc. and changed its name to Inari Medical, Inc. in September 2013. Inari Medical, Inc. was incorporated in 2011 and is headquartered in Irvine, California.

NARI Stock Price History

NARI Stock News Headlines

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AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
Medical Equipment
Current Symbol
NASDAQ:NARI
Fax
N/A
Employees
1,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$64.83
High Stock Price Target
$84.00
Low Stock Price Target
$50.00
Potential Upside/Downside
+20.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$-1,640,000.00
Pretax Margin
-2.04%

Debt

Sales & Book Value

Annual Sales
$493.63 million
Cash Flow
$0.09 per share
Book Value
$8.07 per share

Miscellaneous

Free Float
51,975,000
Market Cap
$3.13 billion
Optionable
Optionable
Beta
1.01
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Key Executives


NARI Stock Analysis - Frequently Asked Questions

How have NARI shares performed this year?

Inari Medical's stock was trading at $64.92 at the start of the year. Since then, NARI stock has decreased by 17.1% and is now trading at $53.83.
View the best growth stocks for 2024 here
.

How were Inari Medical's earnings last quarter?

Inari Medical, Inc. (NASDAQ:NARI) issued its quarterly earnings results on Tuesday, April, 30th. The company reported ($0.26) earnings per share for the quarter, missing the consensus estimate of ($0.11) by $0.15. The company earned $143.19 million during the quarter, compared to the consensus estimate of $138.32 million. Inari Medical had a negative trailing twelve-month return on equity of 1.65% and a negative net margin of 4.54%.

When did Inari Medical IPO?

Inari Medical (NARI) raised $110 million in an initial public offering (IPO) on Friday, May 22nd 2020. The company issued 7,300,000 shares at $14.00-$16.00 per share. BofA Securities and Morgan Stanley served as the underwriters for the IPO and Canaccord Genuity and Wells Fargo Securities were co-managers.

Who are Inari Medical's major shareholders?

Top institutional investors of Inari Medical include Bank of New York Mellon Corp (0.67%), Louisiana State Employees Retirement System (0.04%), AlphaCentric Advisors LLC (0.03%) and Legato Capital Management LLC (0.01%). Insiders that own company stock include Donald B Milder, William Hoffman, Andrew Hykes, Thomas Tu and Mitch C Hill.
View institutional ownership trends
.

How do I buy shares of Inari Medical?

Shares of NARI 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.

What other stocks do shareholders of Inari Medical own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Inari Medical investors own include NVIDIA (NVDA), Home Depot (HD), CVS Health (CVS), QUALCOMM (QCOM), Thermo Fisher Scientific (TMO) and Johnson & Johnson (JNJ).

This page (NASDAQ:NARI) was last updated on 7/26/2024 by MarketBeat.com Staff

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