NASDAQ:IRTC iRhythm Technologies (IRTC) Stock Price, News & Analysis $67.20 +1.99 (+3.05%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$61.94▼$67.4550-Day Range$64.64▼$106.4552-Week Range$60.88▼$124.11Volume766,606 shsAverage Volume440,951 shsMarket Capitalization$2.09 billionP/E RatioN/ADividend YieldN/APrice Target$118.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get iRhythm Technologies alerts: Email Address iRhythm Technologies MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside76.6% Upside$118.67 Price TargetShort InterestHealthy8.26% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.52Based on 8 Articles This WeekInsider TradingSelling Shares$521,081 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($2.66) to ($1.82) 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.2.87 out of 5 starsMedical Sector362nd out of 910 stocksSurgical & Medical Instruments Industry46th out of 95 stocks 4.5 Analyst's Opinion Consensus RatingiRhythm Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 9 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageiRhythm Technologies has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about iRhythm Technologies' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted8.26% of the outstanding shares of iRhythm Technologies have been sold short.Short Interest Ratio / Days to CoveriRhythm Technologies has a short interest ratio ("days to cover") of 5.8.Change versus previous monthShort interest in iRhythm Technologies has recently decreased by 14.05%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldiRhythm Technologies does not currently pay a dividend.Dividend GrowthiRhythm Technologies does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IRTC. Previous Next 2.0 News and Social Media Coverage News SentimentiRhythm Technologies has a news sentiment score of 0.52. 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 news sentiment score is similar to the average news sentiment of Medical companies.News Coverage This WeekMarketBeat has tracked 8 news articles for iRhythm Technologies this week, compared to 6 articles on an average week.Search InterestOnly 2 people have searched for IRTC on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added iRhythm Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, iRhythm Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $521,081.00 in company stock.Percentage Held by InsidersOnly 0.68% of the stock of iRhythm Technologies is held by insiders.Read more about iRhythm Technologies' insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for iRhythm Technologies are expected to grow in the coming year, from ($2.66) to ($1.82) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of iRhythm Technologies is -15.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of iRhythm Technologies is -15.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioiRhythm Technologies has a P/B Ratio of 21.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about iRhythm Technologies' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Timothy SykesTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…Click here to see a unique election-year trade About iRhythm Technologies Stock (NASDAQ:IRTC)iRhythm Technologies, Inc., a digital healthcare company, engages in the design, development, and commercialization of device-based technology to provide ambulatory cardiac monitoring services to diagnose arrhythmias in the United States. It offers Zio services, an ambulatory monitoring solution, including long-term and short-term continuous monitoring and mobile cardiac telemetry monitoring services. The company also provides the Zio Monitor System, a prescription-only, remote electrocardiogram (ECG) monitoring system that consists of a patch ECG monitor that records the electric signal from the heart continuously for up to 14 days and the Zio ECG Utilization Software System, which supports the capture and analysis of ECG data recorded by the Zio Monitor patch at the end of the wear period, including specific arrhythmia events detected by the ZEUS System; the Zio XT System is the previous generation of the Zio Monitor System and is a prescription-only, remote ECG monitoring system that consists of the Zio XT patch that records the electric signal from the heart continuously for up to 14 days; and the Zio AT system, a prescription-only, remote ECG monitoring system that similarly consists of the Zio AT patch that records the electric signal from the heart continuously for up to 14 days and the ZEUS System, but which also incorporates the Zio AT wireless gateway that provides connectivity between the Zio AT patch and the ZEUS System during the patient wear period. It has a development collaboration agreement with Verily Life Sciences LLC and Verity Ireland Limited 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.Read More IRTC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IRTC Stock News HeadlinesAugust 14, 2024 | insidertrades.comiRhythm Technologies, Inc. (NASDAQ:IRTC) CFO Sells $96,506.48 in StockSeptember 5 at 4:26 PM | markets.businessinsider.comBuy Rating for Irhythm Technologies: Strategic Growth and Strong Regulatory ManagementSeptember 7, 2024 | Weiss Ratings (Ad)“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.September 3, 2024 | markets.businessinsider.comOppenheimer Sticks to Their Buy Rating for Irhythm Technologies (IRTC)September 1, 2024 | globenewswire.comiRhythm Technologies Announces Results of GUARD-AF TrialSeptember 1, 2024 | americanbankingnews.comStockNews.com Lowers iRhythm Technologies (NASDAQ:IRTC) to SellAugust 29, 2024 | globenewswire.comiRhythm Technologies Expands Global Reach with the Launch of Zio® Cardiac Arrhythmia Monitoring Service in Austria, the Netherlands, Switzerland, and SpainAugust 29, 2024 | globenewswire.comiRhythm Technologies Expands Global Reach with the Launch of Zio® Cardiac Arrhythmia Monitoring Service in Austria, the Netherlands, Switzerland, and SpainSeptember 7, 2024 | Weiss Ratings (Ad)“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.August 29, 2024 | globenewswire.comiRhythm Technologies Expands Global Reach with the Launch of Zio® Cardiac Arrhythmia Monitoring Service in Austria, the Netherlands, Switzerland, and SpainAugust 29, 2024 | globenewswire.comiRhythm Technologies Expands Global Reach with the Launch of Zio® Cardiac Arrhythmia Monitoring Service in Austria, the Netherlands, Switzerland, and SpainAugust 28, 2024 | americanbankingnews.comiRhythm Technologies (NASDAQ:IRTC) PT Lowered to $110.00 at CitigroupAugust 21, 2024 | finance.yahoo.comiRhythm Technologies to Participate in Upcoming Investor Conferences in SeptemberAugust 18, 2024 | finance.yahoo.comIRTC Sep 2024 80.000 put (IRTC240920P00080000)August 15, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Healthcare Stocks: Bluebird Bio (BLUE) and Irhythm Technologies (IRTC)August 4, 2024 | ca.finance.yahoo.comIRTC Aug 2024 75.000 callAugust 4, 2024 | finance.yahoo.comiRhythm Technologies, Inc. (NASDAQ:IRTC) Just Reported Earnings, And Analysts Cut Their Target PriceAugust 3, 2024 | markets.businessinsider.comMorgan Stanley Keeps Their Buy Rating on Irhythm Technologies (IRTC)See More Headlines Receive IRTC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for iRhythm Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/01/2024Today9/07/2024Next Earnings (Estimated)11/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Surgical & medical instruments Sub-IndustryMedical Equipment Current SymbolNASDAQ:IRTC CUSIPN/A CIK1388658 Webwww.irhythmtech.com Phone(415) 632-5700FaxN/AEmployees2,000Year FoundedN/APrice Target and Rating Average Stock Price Target$118.67 High Stock Price Target$145.00 Low Stock Price Target$100.00 Potential Upside/Downside+76.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)($4.23) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-123,410,000.00 Net Margins-24.50% Pretax Margin-24.37% Return on Equity-84.14% Return on Assets-19.29% Debt Debt-to-Equity Ratio6.50 Current Ratio6.92 Quick Ratio6.76 Sales & Book Value Annual Sales$537.09 million Price / Sales3.89 Cash FlowN/A Price / Cash FlowN/A Book Value$3.18 per share Price / Book21.13Miscellaneous Outstanding Shares31,105,000Free Float30,893,000Market Cap$2.09 billion OptionableOptionable Beta1.25 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Quentin S. Blackford (Age 45)President, CEO & Director Comp: $2.15MMr. Brice Bobzien CPA (Age 45)Chief Financial Officer Comp: $685.12kDr. Minang P. Turakhia M.D. (Age 50)M.S., Chief Medical & Scientific Officer and Executive VP of Product Innovation Comp: $1MMr. Patrick Michael Murphy J.D. (Age 45)Chief Business & Legal Officer Comp: $1.28MMr. Douglas J. Devine (Age 54)Executive Advisor Comp: $800kMr. Chad M. Patterson (Age 42)Chief Commercial Officer Comp: $771.51kMr. Marc Rosenbaum (Age 52)Senior VP of Finance & Chief Accounting Officer Mr. Mark J. Day Ph.D. (Age 53)Chief Technology Officer Comp: $718.76kMr. Daniel G. Wilson (Age 41)Executive VP of Corporate Development & Investor Relations Comp: $670.09kMs. Sumi Shrishrimal (Age 45)Executive VP & Chief Risk Officer More ExecutivesKey CompetitorsHaemoneticsNYSE:HAENevroNYSE:NVROPenumbraNYSE:PENGlaukosNYSE:GKOSStevanato GroupNYSE:STVNView All CompetitorsInsiders & InstitutionsTruist Financial CorpSold 281 shares on 8/21/2024Ownership: 0.045%Cim Investment Management Inc.Bought 1,099 shares on 8/16/2024Ownership: 0.019%Ascent Group LLCBought 1,330 shares on 8/16/2024Ownership: 0.017%Creative PlanningBought 3,576 shares on 8/16/2024Ownership: 0.011%Algert Global LLCSold 5,149 shares on 8/16/2024Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions IRTC Stock Analysis - Frequently Asked Questions How have IRTC shares performed this year? iRhythm Technologies' stock was trading at $107.04 at the beginning of the year. Since then, IRTC stock has decreased by 37.2% and is now trading at $67.20. View the best growth stocks for 2024 here. How were iRhythm Technologies' earnings last quarter? iRhythm Technologies, Inc. (NASDAQ:IRTC) posted its quarterly earnings results on Thursday, August, 1st. The company reported ($0.61) EPS for the quarter, beating the consensus estimate of ($0.89) by $0.28. The business's revenue was up 19.3% compared to the same quarter last year. What is Kevin M. King's approval rating as iRhythm Technologies' CEO? 20 employees have rated iRhythm Technologies Chief Executive Officer Kevin M. King on Glassdoor.com. Kevin M. King has an approval rating of 91% among the company's employees. This puts Kevin M. King in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. When did iRhythm Technologies IPO? iRhythm Technologies (IRTC) raised $76 million in an IPO on Thursday, October 20th 2016. The company issued 5,400,000 shares at a price of $13.00-$15.00 per share. J.P. Morgan and Morgan Stanley served as the underwriters for the IPO and Canaccord Genuity and BTIG were co-managers. Who are iRhythm Technologies' major shareholders? Top institutional shareholders of iRhythm Technologies include Mackenzie Financial Corp (4.59%), Blair William & Co. IL (2.57%), Point72 Asset Management L.P. (1.72%) and Allspring Global Investments Holdings LLC (1.53%). Insiders that own company stock include Quentin S Blackford, Mark J Day, Patrick Michael Murphy, Daniel G Wilson, Douglas Devine, Minang Turakhia, Brice Bobzien, Mervin Smith, Marc W Rosenbaum, Merz Cathleen Noel Bairey, Kevin M King and David A Vort. View institutional ownership trends. How do I buy shares of iRhythm Technologies? Shares of IRTC 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. What other stocks do shareholders of iRhythm Technologies own? Based on aggregate information from My MarketBeat watchlists, some other companies that iRhythm Technologies investors own include NVIDIA (NVDA), Alibaba Group (BABA), Salesforce (CRM), Block (SQ), Teladoc Health (TDOC), Trade Desk (TTD) and Advanced Micro Devices (AMD). This page (NASDAQ:IRTC) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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