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NASDAQ:SWAV

ShockWave Medical Stock Forecast, Price & News

$99.19
+2.05 (+2.11 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$97.96
Now: $99.19
$99.61
50-Day Range
$67.44
MA: $81.25
$98.79
52-Week Range
$22.01
Now: $99.19
$101.00
Volume134,400 shs
Average Volume455,520 shs
Market Capitalization$3.40 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.83
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. The company offers M5 catheters for treating above-the-knee peripheral artery disease; C2 catheters for treating coronary artery disease; and S4 catheters for 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 operates in the United States, Germany, rest of Europe, and internationally. ShockWave Medical, Inc. was incorporated in 2009 and is headquartered in Santa Clara, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.4Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.21 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
Employees284

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$42.93 million
Book Value$6.81 per share

Profitability

Net Income$-51,110,000.00
Net Margins-126.34%

Miscellaneous

Market Cap$3.40 billion
Next Earnings Date2/11/2021 (Estimated)
OptionableNot Optionable
$99.19
+2.05 (+2.11 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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ShockWave Medical (NASDAQ:SWAV) Frequently Asked Questions

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

ShockWave Medical's stock was trading at $34.44 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SWAV shares have increased by 188.0% and is now trading at $99.19.
View which stocks have been most impacted by COVID-19
.

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 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for ShockWave Medical
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than ShockWave Medical?

Wall Street analysts have given ShockWave Medical a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but ShockWave Medical wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is ShockWave Medical's next earnings date?

ShockWave Medical is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for ShockWave Medical
.

How were ShockWave Medical's earnings last quarter?

ShockWave Medical, Inc. (NASDAQ:SWAV) released its earnings results on Monday, November, 9th. The company reported ($0.38) EPS for the quarter, beating the consensus estimate of ($0.55) by $0.17. The firm had revenue of $19.60 million for the quarter, compared to analysts' expectations of $14.69 million. ShockWave Medical had a negative return on equity of 35.68% and a negative net margin of 126.34%. ShockWave Medical's revenue was up 73.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.46) 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 price objectives for ShockWave Medical's stock. Their forecasts range from $23.00 to $95.00. On average, they expect ShockWave Medical's stock price to reach $69.00 in the next twelve months. This suggests that the stock has a possible downside of 30.4%.
View analysts' price targets for ShockWave Medical
.

Are investors shorting ShockWave Medical?

ShockWave Medical saw a increase in short interest in October. As of October 30th, there was short interest totaling 2,830,000 shares, an increase of 17.9% from the October 15th total of 2,400,000 shares. Based on an average trading volume of 464,600 shares, the days-to-cover ratio is presently 6.1 days.
View ShockWave Medical's Short Interest
.

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), The Walt Disney (DIS), Square (SQ), The Trade Desk (TTD), salesforce.com (CRM), Roku (ROKU), PayPal (PYPL), DexCom (DXCM), Alibaba Group (BABA) and Okta (OKTA).

Who are ShockWave Medical's key executives?

ShockWave Medical's management team includes the following people:
  • Mr. Douglas E. Godshall, Pres, CEO & Director (Age 55, Pay $1.03M)
  • Mr. Daniel Puckett, CFO & Sec. (Age 56, Pay $592.29k)
  • Mr. Isaac Zacharias, Chief Commercial Officer (Age 45, Pay $508.65k)
  • Mr. Daniel Hawkins, Founder and Sr. Advisor (Age 53)
  • Mr. John M. Adams, Co-Founder and Technical Advisor (Age 73)
  • Mr. Mike Maszy, VP of Operations
  • Ms. Debbie Kaster, Head of Investor Relations
  • Mr. Hajime Tada J.D., Gen. Counsel & Sec.
  • Mr. Rob Williamson Jr., VP of Sales
  • Mr. Robert Fletcher, VP of Marketing

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 $14.00-$16.00 per share. Morgan Stanley and BofA Merrill Lynch served 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.68%), JPMorgan Chase & Co. (5.48%), Wells Fargo & Company MN (4.30%), Point72 Asset Management L.P. (2.04%), State Street Corp (1.93%) and Jennison Associates LLC (1.71%). Company insiders that own ShockWave Medical stock include Antoine Papiernik, Colin Cahill, 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 institutional investors are selling ShockWave Medical stock?

SWAV stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Allianz Asset Management GmbH, WCM Investment Management LLC, AXA S.A., BNP Paribas Arbitrage SA, First Trust Advisors LP, Bank Julius Baer & Co. Ltd Zurich, and SG Americas Securities LLC. Company insiders that have sold ShockWave Medical company stock in the last year include Antoine Papiernik, Colin Cahill, Dan Puckett, Douglas Evan Godshall, Isaac Zacharias, and Sofinnova Capital Vii Fcpr.
View insider buying and selling activity for ShockWave Medical
.

Which institutional investors are buying ShockWave Medical stock?

SWAV stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Point72 Asset Management L.P., Federated Hermes Inc., Lord Abbett & CO. LLC, State Street Corp, Great West Life Assurance Co. Can, Charles Schwab Investment Management Inc., and Voloridge Investment 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 $99.19.

How big of a company is ShockWave Medical?

ShockWave Medical has a market capitalization of $3.40 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 284 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 11/30/2020 by MarketBeat.com Staff

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