Lowest-Rated StocksLowest-RatedNASDAQ:SWAV Shockwave Medical (SWAV) Stock Price, News & Analysis → Bible Shocker: Have You Seen Elon Musk’s Miracle? (From InvestorPlace) (Ad) Free SWAV Stock Alerts $330.13 -0.75 (-0.23%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$329.59▼$330.7450-Day Range$257.74▼$331.0052-Week Range$157.00▼$331.58Volume1.03 million shsAverage Volume719,126 shsMarket Capitalization$12.39 billionP/E Ratio77.13Dividend YieldN/APrice Target$309.11 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Shockwave Medical alerts: Email Address Shockwave Medical MarketRank™ Stock AnalysisAnalyst RatingHold2.09 Rating ScoreUpside/Downside6.4% Downside$309.11 Price TargetShort InterestHealthy4.40% of Shares Sold ShortDividend StrengthN/ASustainability-0.55Upright™ Environmental ScoreNews Sentiment1.28Based on 7 Articles This WeekInsider TradingSelling Shares$18.75 M Sold Last QuarterProj. Earnings Growth24.06%From $5.03 to $6.24 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.44 out of 5 starsMedical Sector115th out of 920 stocksSurgical & Medical Instruments Industry16th out of 99 stocks 2.0 Analyst's Opinion Consensus RatingShockwave Medical has received a consensus rating of Hold. The company's average rating score is 2.09, and is based on 1 buy rating, 10 hold ratings, and no sell ratings.Amount of Analyst CoverageShockwave Medical has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Shockwave Medical's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.40% of the outstanding shares of Shockwave Medical have been sold short.Short Interest Ratio / Days to CoverShockwave Medical has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Shockwave Medical has recently increased by 12.24%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldShockwave Medical does not currently pay a dividend.Dividend GrowthShockwave Medical does not have a long track record of dividend growth. Previous Next 4.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreShockwave Medical has received a 72.86% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is driven by its "Diagnostic and treatment machines" and "Medical devices engineering" products. See details.Environmental SustainabilityThe Environmental Impact score for Shockwave Medical is -0.55. Previous Next 2.4 News and Social Media Coverage News SentimentShockwave Medical has a news sentiment score of 1.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Shockwave Medical this week, compared to 7 articles on an average week.Search InterestOnly 7 people have searched for SWAV on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Shockwave Medical to their MarketBeat watchlist in the last 30 days. This is a decrease of -85% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Shockwave Medical insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $18,753,421.00 in company stock.Percentage Held by InsidersOnly 3.40% of the stock of Shockwave Medical is held by insiders.Percentage Held by Institutions95.35% of the stock of Shockwave Medical is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Shockwave Medical's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Shockwave Medical are expected to grow by 24.06% in the coming year, from $5.03 to $6.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Shockwave Medical is 77.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.52.Price to Earnings Ratio vs. SectorThe P/E ratio of Shockwave Medical is 77.13, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 96.96.Price to Earnings Growth RatioShockwave Medical has a PEG Ratio of 2.41. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioShockwave Medical has a P/B Ratio of 16.49. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Shockwave Medical's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyElon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. About Shockwave Medical Stock (NASDAQ:SWAV)Shockwave Medical, Inc., a medical device company, develops and commercializes intravascular lithotripsy (IVL) technology for the treatment of calcified plaque in patients with peripheral and coronary vascular, and heart valve diseases in the United States and internationally. The company offers products for the treatment of peripheral artery disease (PAD), including M5 IVL catheter and M5+ IVL catheter, which are five-emitter catheters used in IVL system in medium-diameter vessels; S4 IVL catheter, a four-emitter catheter for use in IVL system in small-diameter vessels; and L6 IVL catheter, a six-emitter catheter used for IVL System in large diameter vessels. It also provides product for the treatment of coronary artery disease, such as C2 IVL catheter and C2+IVL catheter that are two-emitter catheters for use in IVL system; and Reducer, a device to treat refractory angina. In addition, the company develops COSIRA-II trial; shockwave C2 Aero, a coronary IVL catheter; shockwave javelin coronary, a non-balloon-based catheter platform to treat of tight, difficult-to-cross coronary lesions; shockwave L6; shockwave E8 catheter, to target long peripheral artery lesions; shockwave javelin peripheral, a non-balloon-based catheter platform, to treat tight, difficult-to-cross peripheral lesions. Further, it offers shockwave carotid IVL, a purpose-built IVL System to treat calcified carotid artery lesions; and Shockwave Crescendo, a platform developed to treat calcified, stenotic heart valves. It serves interventional cardiologists, vascular surgeons, and interventional radiologists through sales representatives and managers, and distributors. The company was incorporated in 2009 and is headquartered in Santa Clara, California.Read More SWAV Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SWAV Stock News HeadlinesMay 16 at 4:44 PM | seekingalpha.comShockwave Medical: A Look Into Q1 Financials And Value To Johnson & Johnson InvestorsMay 13, 2024 | msn.comJ&J’s $13 billion bid for Shockwave turns to Wall Street for fundingMay 9, 2024 | markets.businessinsider.comMaintaining Hold: Shockwave Medical’s Solid Performance Tempered by Market ValuationMay 9, 2024 | businesswire.comSHOCKWAVE MEDICAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Shockwave Medical, Inc. - SWAVMay 7, 2024 | markets.businessinsider.comHold Rating Justified for Shockwave Medical Amidst Strong Performance and Pending Johnson & Johnson AcquisitionMay 7, 2024 | msn.comShockwave Medical (SWAV) Q1 Earnings Beat, Revenues Rise Y/YMay 7, 2024 | finance.yahoo.comBeyond the Balance Sheet: What SWOT Reveals About Shockwave Medical Inc (SWAV)May 6, 2024 | globenewswire.comShockwave Medical Reports First Quarter 2024 Financial ResultsApril 26, 2024 | benzinga.comMonthly Depth Report: The Blind Leading The ConfusedApril 24, 2024 | finance.yahoo.comShockwave Medical (SWAV) Rose on an Acquisition News and Solid Financial ResultApril 18, 2024 | msn.comShockwave Medical (SWAV) Price Target Increased by 17.23% to 322.46April 16, 2024 | finance.yahoo.comJ&J CFO on Q1 Earnings, Forecast and Product PipelineApril 12, 2024 | finance.yahoo.comPharma Stock Roundup: JNJ to Buy Shockwave Medical, Other Pipeline & Regulatory NewsApril 12, 2024 | finance.yahoo.comShockwave Medical (SWAV) Rose on Strong Financial ResultsApril 11, 2024 | benzinga.com5 Things To Know In Investing This Week - The Shockwave Takeover IssueApril 9, 2024 | prnewswire.comSHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SWAV, AIRC, INRDApril 9, 2024 | prnewswire.comINVESTIGATION: The M&A Class Action Firm Announces an Investigation of Shockwave Medical, Inc. - SWAVApril 8, 2024 | businesswire.comSHOCKWAVE MEDICAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Shockwave Medical, Inc. - SWAVApril 8, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Healthcare Companies: Deciphera Pharmaceuticals (DCPH) and Shockwave Medical (SWAV)April 8, 2024 | finance.yahoo.comShockwave Reducer Demonstrates Consistent, Positive Results in ‘Real-World’ StudyApril 8, 2024 | globenewswire.comShockwave Reducer Demonstrates Consistent, Positive Results in ‘Real-World' StudyApril 6, 2024 | msn.comJ&J Buys Shockwave Medical for $13.1B, Boosting Its Cardiovascular Treatment PortfolioApril 5, 2024 | prnewswire.comALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Shockwave Medical, Inc.April 5, 2024 | msn.comJohnson & Johnson Buys Shockwave Medical For $12.5 BillionApril 5, 2024 | investopedia.comJ&J Acquires Shockwave Medical to Boost Its Cardiovascular Treatment PortfolioSee More Headlines Receive SWAV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Shockwave Medical and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/06/2024Today5/18/2024Next Earnings (Estimated)8/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Surgical & medical instruments Sub-IndustryN/A Current SymbolNASDAQ:SWAV CUSIPN/A CIK1642545 Webwww.shockwavemedical.com Phone(877) 775-4846FaxN/AEmployees1,468Year FoundedN/APrice Target and Rating Average Stock Price Target$309.11 High Stock Price Target$368.00 Low Stock Price Target$210.00 Potential Upside/Downside-6.4%Consensus RatingHold Rating Score (0-4)2.09 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$4.28 Trailing P/E Ratio77.13 Forward P/E Ratio65.63 P/E Growth2.42Net Income$147.28 million Net Margins20.75% Pretax Margin23.29% Return on Equity24.79% Return on Assets11.95% Debt Debt-to-Equity Ratio0.97 Current Ratio13.81 Quick Ratio12.61 Sales & Book Value Annual Sales$730.23 million Price / Sales16.97 Cash Flow$4.30 per share Price / Cash Flow76.71 Book Value$20.02 per share Price / Book16.49Miscellaneous Outstanding Shares37,540,000Free Float36,268,000Market Cap$12.39 billion OptionableOptionable Beta0.88 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Douglas E. Godshall M.B.A. (Age 59)President, CEO & Director Comp: $1.57MMr. Daniel Hawkins (Age 57)Founder and Senior Advisor Mr. John M. Adams (Age 77)Co-Founder and Technical Advisor Ms. Renee M. Gaeta (Age 43)Chief Financial Officer Mr. Luis MoralesSenior Vice President of Global OperationsMs. Trinh Phung (Age 46)Chief Accounting Officer, Principal Accounting Officer & VP of Finance Ms. Debbie KasterVice President of Investor RelationsMr. Hajime Tada J.D.General Counsel & SecretaryMr. Robert FletcherSenior Vice President of Marketing & Market AccessMr. Dave CoxVice President of SalesMore ExecutivesKey CompetitorsInsuletNASDAQ:PODDSolventumNYSE:SOLVTeleflexNYSE:TFXGlobus MedicalNYSE:GMEDPenumbraNYSE:PENView All CompetitorsInsiders & InstitutionsMotley Fool Asset Management LLCSold 1,847 shares on 5/17/2024Ownership: 0.165%Comerica BankSold 436 shares on 5/17/2024Ownership: 0.040%Walleye Trading LLCSold 300 shares on 5/17/2024Ownership: 0.000%California State Teachers Retirement SystemSold 1,864 shares on 5/16/2024Ownership: 0.098%Virtus Investment Advisers Inc.Sold 531 shares on 5/16/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions SWAV Stock Analysis - Frequently Asked Questions Should I buy or sell Shockwave Medical stock right now? 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Shockwave Medical in the last year. There are currently 10 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SWAV shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SWAV, but not buy additional shares or sell existing shares. View SWAV analyst ratings or view top-rated stocks. What is Shockwave Medical's stock price target for 2024? 11 brokerages have issued 1-year price targets for Shockwave Medical's stock. Their SWAV share price targets range from $210.00 to $368.00. On average, they expect the company's stock price to reach $309.11 in the next twelve months. This suggests that the stock has a possible downside of 6.4%. View analysts price targets for SWAV or view top-rated stocks among Wall Street analysts. How have SWAV shares performed in 2024? Shockwave Medical's stock was trading at $190.56 on January 1st, 2024. Since then, SWAV shares have increased by 73.2% and is now trading at $330.13. View the best growth stocks for 2024 here. When is Shockwave Medical's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024. View our SWAV earnings forecast. How were Shockwave Medical's earnings last quarter? Shockwave Medical, Inc. (NASDAQ:SWAV) announced its quarterly earnings data on Monday, May, 6th. The company reported $1.44 EPS for the quarter, beating analysts' consensus estimates of $0.99 by $0.45. The company had revenue of $218.80 million for the quarter, compared to the consensus estimate of $207.69 million. Shockwave Medical had a net margin of 20.75% and a trailing twelve-month return on equity of 24.79%. The firm's revenue was up 35.8% on a year-over-year basis. During the same period in the prior year, the firm earned $1.03 earnings per share. What ETFs hold Shockwave Medical's stock? ETFs with the largest weight of Shockwave Medical (NASDAQ:SWAV) stock in their portfolio include IQ Merger Arbitrage ETF (MNA), Invesco S&P MidCap 400 GARP ETF (GRPM), Invesco S&P MidCap 400 GARP ETF (EWMC), MFAM Small-Cap Growth ETF (MFMS), Motley Fool Small-Cap Growth ETF (TMFS), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD), Motley Fool Mid-Cap Growth ETF (TMFM) and ProShares Merger ETF (MRGR). What is Doug Godshall's approval rating as Shockwave Medical's CEO? 8 employees have rated Shockwave Medical Chief Executive Officer Doug Godshall on Glassdoor.com. Doug Godshall has an approval rating of 89% among the company's employees. 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), Walt Disney (DIS), Block (SQ), Trade Desk (TTD), Salesforce (CRM), Roku (ROKU), PayPal (PYPL), DexCom (DXCM), Alibaba Group (BABA) and Okta (OKTA). When did Shockwave Medical IPO? Shockwave Medical (SWAV) raised $75 million in an initial public offering 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 served as the underwriters for the IPO and Wells Fargo Securities and Canaccord Genuity were co-managers. Who are Shockwave Medical's major shareholders? Shockwave Medical's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.70%), Price T Rowe Associates Inc. MD (1.59%), Allspring Global Investments Holdings LLC (1.38%), Janus Henderson Group PLC (1.28%), Canada Pension Plan Investment Board (1.02%) and Lord Abbett & CO. LLC (0.70%). Insiders that own company stock include Antoine Papiernik, Dan Puckett, Douglas Evan Godshall, Frank T Watkins, Frank T Watkins, Frederic H Moll, Isaac Zacharias, Kurt F Gallo, Laura Francis, Maria Sainz, Sara Toyloy and Trinh Phung. View institutional ownership trends. How do I buy shares of Shockwave Medical? Shares of SWAV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:SWAV) was last updated on 5/19/2024 by MarketBeat.com Staff From Our PartnersBuy this small stock before coming AI Tidal WaveChaikin AnalyticsCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingDems have chosen Biden replacement?Paradigm PressForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the MarketsShocking $16T Elon Musk Crypto LeakCrypto 101 MediaExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersA letter is coming from the "Bureau of the Fiscal Service".Stansberry ResearchHow Biden has already won 2024Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Shockwave Medical, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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