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NYSE:INSP

Inspire Medical Systems Stock Forecast, Price & News

$121.41
-5.44 (-4.29 %)
(As of 09/21/2020 12:00 AM ET)
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Today's Range
$120.14
Now: $121.41
$125.38
50-Day Range
$99.36
MA: $115.19
$129.57
52-Week Range
$40.53
Now: $121.41
$132.15
Volume457,741 shs
Average Volume386,202 shs
Market Capitalization$3.25 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.39
Inspire Medical Systems, Inc., a medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA). It offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for moderate to severe obstructive sleep apnea. The company was founded in 2007 and is headquartered in Maple Grove, Minnesota.
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Inspire Medical Systems logo

Beat the Market (BTM) Rank

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

Overall Beat the Market Rank

1.05 out of 5 stars


Industry, Sector and Symbol

Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
CUSIPN/A
Phone844-672-4357

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$82.05 million
Book Value$5.81 per share

Profitability

Net Income$-33,240,000.00

Miscellaneous

EmployeesN/A
Market Cap$3.25 billion
Next Earnings Date11/3/2020 (Estimated)
OptionableOptionable
$121.41
-5.44 (-4.29 %)
(As of 09/21/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Inspire Medical Systems (NYSE:INSP) Frequently Asked Questions

How has Inspire Medical Systems' stock been impacted by Coronavirus (COVID-19)?

Inspire Medical Systems' stock was trading at $75.65 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, INSP stock has increased by 60.5% and is now trading at $121.41.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Inspire Medical Systems?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Inspire Medical Systems in the last year. There are currently 1 sell rating, 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Inspire Medical Systems
.

When is Inspire Medical Systems' next earnings date?

Inspire Medical Systems is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Inspire Medical Systems
.

How were Inspire Medical Systems' earnings last quarter?

Inspire Medical Systems (NYSE:INSP) posted its quarterly earnings results on Tuesday, August, 4th. The company reported ($0.88) earnings per share for the quarter, beating analysts' consensus estimates of ($1.08) by $0.20. The company had revenue of $12.18 million for the quarter, compared to the consensus estimate of $31.06 million. Inspire Medical Systems had a negative return on equity of 35.04% and a negative net margin of 69.69%. The firm's revenue for the quarter was down 32.4% on a year-over-year basis. During the same period in the previous year, the company posted ($0.32) earnings per share.
View Inspire Medical Systems' earnings history
.

What guidance has Inspire Medical Systems issued on next quarter's earnings?

Inspire Medical Systems updated its FY 2020 After-Hours earnings guidance on Tuesday, August, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $88-92 million, compared to the consensus revenue estimate of $78.47 million.

What price target have analysts set for INSP?

13 equities research analysts have issued 1 year target prices for Inspire Medical Systems' stock. Their forecasts range from $50.00 to $150.00. On average, they anticipate Inspire Medical Systems' stock price to reach $111.85 in the next twelve months. This suggests that the stock has a possible downside of 7.9%.
View analysts' price targets for Inspire Medical Systems
.

Are investors shorting Inspire Medical Systems?

Inspire Medical Systems saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,530,000 shares, a decrease of 13.6% from the August 15th total of 1,770,000 shares. Based on an average daily volume of 325,600 shares, the days-to-cover ratio is presently 4.7 days.
View Inspire Medical Systems' Short Interest
.

Who are some of Inspire Medical Systems' key competitors?

What other stocks do shareholders of Inspire Medical Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Inspire Medical Systems investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Bank of America (BAC), Cisco Systems (CSCO), Docusign (DOCU), Micron Technology (MU), Pfizer (PFE), Twilio (TWLO), Zynga (ZNGA) and Zscaler (ZS).

Who are Inspire Medical Systems' key executives?

Inspire Medical Systems' management team includes the following people:
  • Mr. Tim Herbert, Chief Exec. Officer and Pres
  • Mr. Richard Buchholz, Chief Financial Officer
  • Mr. Randy Ban, Sr. VP of Sales and Marketing
  • Mr. Sean Cleary, VP of Global Market Devel.
  • Mr. Gary A. Goetzke, VP of Health Economics

When did Inspire Medical Systems IPO?

(INSP) raised $75 million in an initial public offering on Thursday, May 3rd 2018. The company issued 5,000,000 shares at $14.00-$16.00 per share. BofA Merrill Lynch and Goldman Sachs served as the underwriters for the IPO and Guggenheim Securities, Stifel and Wells Fargo Securities were co-managers.

What is Inspire Medical Systems' stock symbol?

Inspire Medical Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "INSP."

Who are Inspire Medical Systems' major shareholders?

Inspire Medical Systems' stock is owned by many different retail and institutional investors. Top institutional investors include FMR LLC (14.90%), Vanguard Group Inc. (4.51%), Wasatch Advisors Inc. (4.25%), Gilder Gagnon Howe & Co. LLC (4.12%), Victory Capital Management Inc. (2.05%) and Columbus Circle Investors (2.02%). Company insiders that own Inspire Medical Systems stock include Casey M Tansey, Chau Quang Khuong, Jerry C Griffin, Joyce Erony, Marilyn C Nelson, Mudit K Jain, Orbimed Advisors Llc, Randy Ban, Richard Buchholz, Steven Jandrich and Timothy P Herbert.
View institutional ownership trends for Inspire Medical Systems
.

Which institutional investors are selling Inspire Medical Systems stock?

INSP stock was sold by a variety of institutional investors in the last quarter, including Driehaus Capital Management LLC, Columbus Circle Investors, Victory Capital Management Inc., Mairs & Power Inc., TimesSquare Capital Management LLC, Granite Investment Partners LLC, Thrivent Financial for Lutherans, and Bank of Montreal Can. Company insiders that have sold Inspire Medical Systems company stock in the last year include Casey M Tansey, Chau Quang Khuong, Jerry C Griffin, Marilyn C Nelson, Mudit K Jain, Orbimed Advisors Llc, Randy Ban, Richard Buchholz, Steven Jandrich, and Timothy P Herbert.
View insider buying and selling activity for Inspire Medical Systems
.

Which institutional investors are buying Inspire Medical Systems stock?

INSP stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., Wasatch Advisors Inc., Jennison Associates LLC, Gilder Gagnon Howe & Co. LLC, Bellevue Group AG, Neuberger Berman Group LLC, and Nuveen Asset Management LLC.
View insider buying and selling activity for Inspire Medical Systems
.

How do I buy shares of Inspire Medical Systems?

Shares of INSP 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 Inspire Medical Systems' stock price today?

One share of INSP stock can currently be purchased for approximately $121.41.

How big of a company is Inspire Medical Systems?

Inspire Medical Systems has a market capitalization of $3.25 billion and generates $82.05 million in revenue each year. The company earns $-33,240,000.00 in net income (profit) each year or ($1.40) on an earnings per share basis.

What is Inspire Medical Systems' official website?

The official website for Inspire Medical Systems is www.inspiresleep.com.

How can I contact Inspire Medical Systems?

Inspire Medical Systems' mailing address is 5500 WAYZATA BLVD SUITE 1600, GOLDEN VALLEY MN, 55416. The company can be reached via phone at 844-672-4357 or via email at [email protected]

This page was last updated on 9/22/2020 by MarketBeat.com Staff

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