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NASDAQ:SWAVShockwave Medical Stock Price, Forecast & News

$43.60
-0.15 (-0.34 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$43.33
Now: $43.60
$44.91
50-Day Range
$34.76
MA: $39.93
$44.45
52-Week Range
$22.01
Now: $43.60
$68.39
Volume220,800 shs
Average Volume456,451 shs
Market Capitalization$1.39 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.79
ShockWave Medical, Inc., a medical device company, develops and commercializes intravascular lithotripsy technology to treat calcified plaque in patients with peripheral vascular, coronary vascular, and heart valve diseases worldwide. The company offers M5 catheters for treating above-the-knee peripheral artery disease; C2 catheters for treating coronary artery disease; and S4 catheters or treating below-the-knee peripheral artery disease. It serves interventional cardiologists, vascular surgeons, and interventional radiologists through sales representatives and sales managers, and distributors. The company was incorporated in 2009 and is headquartered in Santa Clara, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.26 out of 5 stars


Industry, Sector and Symbol

Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:SWAV
CUSIPN/A
CIKN/A
Phone510-279-4262

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$42.93 million
Book Value$5.58 per share

Profitability

Net Income$-51,110,000.00
Net Margins-112.25%

Miscellaneous

Employees162
Market Cap$1.39 billion
Next Earnings Date8/3/2020 (Estimated)
OptionableNot Optionable

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Shockwave Medical (NASDAQ:SWAV) Frequently Asked Questions

How has Shockwave Medical's stock been impacted by COVID-19 (Coronavirus)?

Shockwave Medical's stock was trading at $34.44 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SWAV shares have increased by 26.6% and is now trading at $43.60. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Shockwave Medical?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shockwave Medical in the last year. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Shockwave Medical.

When is Shockwave Medical's next earnings date?

Shockwave Medical is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Shockwave Medical.

How were Shockwave Medical's earnings last quarter?

Shockwave Medical Inc (NASDAQ:SWAV) posted its quarterly earnings results on Tuesday, May, 12th. The company reported ($0.59) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.49) by $0.10. The firm had revenue of $15.20 million for the quarter, compared to analysts' expectations of $14.17 million. Shockwave Medical had a negative net margin of 112.25% and a negative return on equity of 38.18%. Shockwave Medical's quarterly revenue was up 109.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($1.37) earnings per share. View Shockwave Medical's earnings history.

What price target have analysts set for SWAV?

7 equities research analysts have issued 12-month target prices for Shockwave Medical's shares. Their forecasts range from $23.00 to $50.00. On average, they expect Shockwave Medical's stock price to reach $42.57 in the next year. This suggests that the stock has a possible downside of 2.4%. View analysts' price targets for Shockwave Medical.

Has Shockwave Medical been receiving favorable news coverage?

Media coverage about SWAV stock has been trending negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Shockwave Medical earned a media sentiment score of -2.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutShockwave Medical.

Are investors shorting Shockwave Medical?

Shockwave Medical saw a increase in short interest in April. As of April 30th, there was short interest totaling 3,970,000 shares, an increase of 12.5% from the April 15th total of 3,530,000 shares. Based on an average trading volume of 496,600 shares, the days-to-cover ratio is presently 8.0 days. Currently, 16.3% of the company's stock are sold short. View Shockwave Medical's Current Options Chain.

Who are some of Shockwave Medical's key competitors?

What other stocks do shareholders of Shockwave Medical own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Shockwave Medical investors own include NVIDIA (NVDA), salesforce.com (CRM), Alibaba Group (BABA), Walt Disney (DIS), Trade Desk (TTD), Roku (ROKU), Paypal (PYPL), Square (SQ), Twilio (TWLO) and Shopify (SHOP).

Who are Shockwave Medical's key executives?

Shockwave Medical's management team includes the following people:
  • Mr. Douglas E. Godshall, CEO, Pres & Director (Age 54)
  • Mr. Daniel Puckett, CFO & Sec. (Age 55)
  • Mr. Isaac Zacharias, Chief Commercial Officer (Age 44)
  • Mr. Daniel Hawkins, Founder and Sr. Advisor (Age 52)
  • Mr. John M. Adams, Co-Founder and Technical Advisor (Age 72)

When did Shockwave Medical IPO?

(SWAV) raised $75 million in an IPO on Thursday, March 7th 2019. The company issued 5,000,000 shares at a price of $14.00-$16.00 per share. Morgan Stanley and BofA Merrill Lynch acted as the underwriters for the IPO and Wells Fargo Securities and Canaccord Genuity were co-managers.

What is Shockwave Medical's stock symbol?

Shockwave Medical trades on the NASDAQ under the ticker symbol "SWAV."

Who are Shockwave Medical's major shareholders?

Shockwave Medical's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (6.29%), BlackRock Inc. (4.76%), JPMorgan Chase & Co. (4.44%), Alpine Global Management LLC (4.17%), Wells Fargo & Company MN (3.59%) and Jennison Associates LLC (1.81%). Company insiders that own Shockwave Medical stock include Antoine Papiernik, Dan Puckett, Douglas Evan Godshall, Frederic H Moll, Isaac Zacharias, James E Flynn and Sofinnova Capital Vii Fcpr. View institutional ownership trends for Shockwave Medical.

Which major investors are selling Shockwave Medical stock?

SWAV stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Balyasny Asset Management LLC, UBS Group AG, Morgan Stanley, Morgan Stanley, Redmile Group LLC, Jennison Associates LLC, and Legal & General Group Plc. Company insiders that have sold Shockwave Medical company stock in the last year include Antoine Papiernik, Dan Puckett, Douglas Evan Godshall, Frederic H Moll, Isaac Zacharias, and Sofinnova Capital Vii Fcpr. View insider buying and selling activity for Shockwave Medical.

Which major investors are buying Shockwave Medical stock?

SWAV stock was bought by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Wellington Management Group LLP, Alpine Global Management LLC, JPMorgan Chase & Co., AXA, BlackRock Inc., Aviva PLC, and Copernicus Capital Management LLC. View insider buying and selling activity for Shockwave Medical.

How do I buy shares of Shockwave Medical?

Shares of SWAV 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 Shockwave Medical's stock price today?

One share of SWAV stock can currently be purchased for approximately $43.60.

How big of a company is Shockwave Medical?

Shockwave Medical has a market capitalization of $1.39 billion and generates $42.93 million in revenue each year. The company earns $-51,110,000.00 in net income (profit) each year or ($2.14) on an earnings per share basis. Shockwave Medical employs 162 workers across the globe.

What is Shockwave Medical's official website?

The official website for Shockwave Medical is www.shockwavemedical.com.

How can I contact Shockwave Medical?

Shockwave Medical's mailing address is 5403 Betsy Ross Drive, Santa Clara CA, 95054. The company can be reached via phone at 510-279-4262 or via email at [email protected]

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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