iRhythm Technologies Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 8 out of 208 in the Healthcare Equipment & Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 211.15.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of iRhythm Technologies Inc is 7.88, ranking 54 out of 208 in the Healthcare Equipment & Supplies industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 208.89M, representing a year-over-year increase of 27.12%, while its net profit experienced a year-over-year increase of 518.53%.
Key Metrics
The current valuation score of iRhythm Technologies Inc is 7.25, ranking 104 out of 208 in the Healthcare Equipment & Supplies industry. Its current P/E ratio is -84.84, which is -86.15% below the recent high of -11.75 and -38.76% above the recent low of -117.72.
The current earnings forecast score of iRhythm Technologies Inc is 8.75, ranking 17 out of 208 in the Healthcare Equipment & Supplies industry. The average price target is 220.00, with a high of 244.00 and a low of 194.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of iRhythm Technologies Inc is 6.99, ranking 41 out of 208 in the Healthcare Equipment & Supplies industry. Currently, the stock price is trading between the resistance level at 130.58 and the support level at 108.96, making it suitable for range-bound swing trading.
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The current institutional shareholding score of iRhythm Technologies Inc is 10.00, ranking 1 out of 208 in the Healthcare Equipment & Supplies industry. The latest institutional shareholding proportion is 107.40%, representing a quarter-over-quarter decrease of 4.10%. The largest institutional shareholder is The Vanguard, holding a total of 3.30M shares, representing 10.22% of shares outstanding, with 5.21% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Healthcare Equipment & Supplies domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of iRhythm Technologies Inc is 7.33, ranking 43 out of 208 in the Healthcare Equipment & Supplies industry. The company's beta value is 1.18. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
