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NASDAQ: IRTC
Irhythm Technologies Inc Stock

$111.27-5.16 (-4.43%)
Updated Apr 25, 2024
IRTC Price
$111.27
Fair Value Price
-$74.97
Market Cap
$3.45B
52 Week Low
$70.24
52 Week High
$135.80
P/E
-27.54x
P/B
16.41x
P/S
6.63x
PEG
N/A
Dividend Yield
N/A
Revenue
$492.68M
Earnings
-$123.41M
Gross Margin
67.3%
Operating Margin
-24.15%
Profit Margin
-25%
Debt to Equity
1.06
Operating Cash Flow
-$50M
Beta
1.21
Next Earnings
May 2, 2024
Ex-Dividend
N/A
Next Dividend
N/A

IRTC Overview

iRhythm Technologies, Inc., a digital healthcare company, provides ambulatory electrocardiogram (ECG) monitoring products for patients at risk for arrhythmias in the United States. It offers Zio service, an ambulatory cardiac monitoring solution that combines a wire-free, patch-based, and wearable biosensor with a cloud-based data analytic platform to help physicians to monitor patients and diagnose arrhythmias. The company's Zio XT and AT monitors, a single-use, wire-free, and wearable patch-based biosensors, records patient's heartbeats and ECG data. It has a development collaboration agreement with Verily Life Sciences LLC to develop various next-generation atrial fibrillation screening, detection, or monitoring products. The company was incorporated in 2006 and is headquartered in San Francisco, California.

Zen Score

Industry Average (27)
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Due Diligence Checks

IRTC ($111.27) is overvalued by 248.42% relative to our estimate of its Fair Value price of -$74.97 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
IRTC ($111.27) is not significantly undervalued (248.42%) relative to our estimate of its Fair Value price of -$74.97 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
IRTC is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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IRTC News

Valuation

IRTC fair value

Fair Value of IRTC stock based on Discounted Cash Flow (DCF)
Price
$111.27
Fair Value
-$74.97
Undervalued by
248.42%
IRTC ($111.27) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
IRTC ($111.27) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
IRTC is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

IRTC price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-27.54x
Industry
29.73x
Market
40.97x

IRTC price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
16.41x
Industry
3.71x
IRTC is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

IRTC's financial health

Profit margin

Revenue
$132.5M
Net Income
-$38.7M
Profit Margin
-29.2%
IRTC's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
IRTC's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$433.1M
Liabilities
$223.0M
Debt to equity
1.06
IRTC's short-term assets ($230.81M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
IRTC's short-term assets ($230.81M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
IRTC's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
IRTC's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$16.0M
Investing
$1.4M
Financing
$3.5M
IRTC's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

IRTC vs Medical Device Stocks

TickerMarket Cap1d %P/EP/B
IRTC$3.45B-4.43%-27.54x16.41x
AXNX$3.39B-0.15%-554.50x5.32x
ITGR$3.72B-9.83%37.81x2.44x
LIVN$2.97B-1.50%166.97x2.33x
TMDX$2.92B+0.42%-115.91x21.28x

Irhythm Technologies Stock FAQ

What is Irhythm Technologies's quote symbol?

(NASDAQ: IRTC) Irhythm Technologies trades on the NASDAQ under the ticker symbol IRTC. Irhythm Technologies stock quotes can also be displayed as NASDAQ: IRTC.

If you're new to stock investing, here's how to buy Irhythm Technologies stock.

What is the 52 week high and low for Irhythm Technologies (NASDAQ: IRTC)?

(NASDAQ: IRTC) Irhythm Technologies's 52-week high was $135.80, and its 52-week low was $70.24. It is currently -18.06% from its 52-week high and 58.41% from its 52-week low.

How much is Irhythm Technologies stock worth today?

(NASDAQ: IRTC) Irhythm Technologies currently has 30,978,772 outstanding shares. With Irhythm Technologies stock trading at $111.27 per share, the total value of Irhythm Technologies stock (market capitalization) is $3.45B.

Irhythm Technologies stock was originally listed at a price of $26.05 in Oct 20, 2016. If you had invested in Irhythm Technologies stock at $26.05, your return over the last 7 years would have been 327.14%, for an annualized return of 23.05% (not including any dividends or dividend reinvestments).

How much is Irhythm Technologies's stock price per share?

(NASDAQ: IRTC) Irhythm Technologies stock price per share is $111.27 today (as of Apr 25, 2024).

What is Irhythm Technologies's Market Cap?

(NASDAQ: IRTC) Irhythm Technologies's market cap is $3.45B, as of Apr 27, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Irhythm Technologies's market cap is calculated by multiplying IRTC's current stock price of $111.27 by IRTC's total outstanding shares of 30,978,772.
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