NYSE:INSP Inspire Medical Systems (INSP) Stock Price, News & Analysis $196.88 -0.37 (-0.19%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$193.89â–Ľ$201.9750-Day Range$125.79â–Ľ$197.2552-Week Range$123.00â–Ľ$257.40Volume347,464 shsAverage Volume589,613 shsMarket Capitalization$5.85 billionP/E RatioN/ADividend YieldN/APrice Target$211.92 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Inspire Medical Systems alerts: Email Address Inspire Medical Systems MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.64 Rating ScoreUpside/Downside7.6% Upside$211.92 Price TargetShort InterestHealthy4.27% of Shares Sold ShortDividend StrengthN/ASustainability-0.66Upright™ Environmental ScoreNews Sentiment1.30Based on 10 Articles This WeekInsider TradingSelling Shares$916,542 Sold Last QuarterProj. Earnings Growth81.33%From $0.75 to $1.36 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.4.32 out of 5 starsMedical Sector118th out of 910 stocksSurgical & Medical Instruments Industry15th out of 95 stocks 2.3 Analyst's Opinion Consensus RatingInspire Medical Systems has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 9 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageInspire Medical Systems has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Inspire Medical Systems' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.27% of the outstanding shares of Inspire Medical Systems have been sold short.Short Interest Ratio / Days to CoverInspire Medical Systems has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Inspire Medical Systems has recently increased by 5.83%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldInspire Medical Systems does not currently pay a dividend.Dividend GrowthInspire Medical Systems does not have a long track record of dividend growth. Previous Next 4.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreInspire Medical Systems has received a 78.27% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is false driven by its "Neurostimulators" and "Medical technology engineering" products. See details.Environmental SustainabilityThe Environmental Impact score for Inspire Medical Systems is -0.66. Previous Next 3.5 News and Social Media Coverage News SentimentInspire Medical Systems has a news sentiment score of 1.30. 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 0.55 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Inspire Medical Systems this week, compared to 8 articles on an average week.Search InterestOnly 4 people have searched for INSP on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows6 people have added Inspire Medical Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Inspire Medical Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $916,542.00 in company stock.Percentage Held by InsidersOnly 4.10% of the stock of Inspire Medical Systems is held by insiders.Percentage Held by Institutions94.91% of the stock of Inspire Medical Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Inspire Medical Systems' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Inspire Medical Systems are expected to grow by 81.33% in the coming year, from $0.75 to $1.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Inspire Medical Systems is -357.96, 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 Inspire Medical Systems is -357.96, 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 RatioInspire Medical Systems has a P/B Ratio of 9.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Inspire Medical Systems' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Golden CrestBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.>> Get Your FREE Wealth Protection Guide << About Inspire Medical Systems Stock (NYSE:INSP)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) in the United States and internationally. The company offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for moderate to severe OSA. It also develops a novel, closed-loop solution that continuously monitors a patient's breathing and delivers mild hypoglossal nerve stimulation to maintain an open airway. The company was incorporated in 2007 and is headquartered in Golden Valley, Minnesota.Read More INSP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart INSP Stock News HeadlinesAugust 20, 2024 | insidertrades.comInspire Medical Systems, Inc. (NYSE:INSP) Insider Randy Ban Sells 4,861 SharesSeptember 5 at 11:25 PM | markets.businessinsider.comBuy Rating for Inspire Medical Systems Amid Positive Trends and Promising New Product LaunchSeptember 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 4 at 9:34 PM | finance.yahoo.comInspire Medical Systems, Inc. (NYSE:INSP) Shares Could Be 33% Below Their Intrinsic Value EstimateSeptember 4 at 9:34 PM | seekingalpha.comInspire Medical gains on GLP-1 prospectsSeptember 4 at 12:04 PM | seekingalpha.comInspire Medical Systems: Inspired, With Improving Risk-Reward (Rating Upgrade)August 23, 2024 | msn.comShould You Establish a Position in Inspire Medical Systems (INSP)?August 21, 2024 | markets.businessinsider.comInspire Medical Systems, Inc. to Present at Upcoming Investor ConferencesSeptember 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 21, 2024 | globenewswire.comInspire Medical Systems, Inc. to Present at Upcoming Investor ConferencesAugust 20, 2024 | finance.yahoo.comInspire’s neurostimulator for obstructive sleep apnoea therapy gains FDA approvalAugust 16, 2024 | benzinga.comShawn McCormick At Inspire Medical Systems Capitalizes: Options Exercised, Resulting In $1.61MAugust 7, 2024 | marketwatch.comInspire Medical Shares Surge on FY24 Guidance Raise, Share BuybacksAugust 7, 2024 | gurufocus.comQ2 2024 Inspire Medical Systems Inc Earnings Call TranscriptAugust 6, 2024 | globenewswire.comInspire Medical Systems, Inc. Announces Second Quarter 2024 Financial Results and Updates 2024 OutlookAugust 6, 2024 | globenewswire.comInspire Medical Systems, Inc. Board Authorizes Share Repurchase ProgramAugust 6, 2024 | finance.yahoo.comInspire wins FDA approval for obstructive sleep apnea neurostimulator therapyAugust 6, 2024 | markets.businessinsider.comHere's what to expect from Inspire Medical Systems's earningsSee More Headlines Receive INSP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Inspire Medical Systems and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/06/2024Today9/07/2024Next Earnings (Estimated)11/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorMedical Industry Surgical & medical instruments Sub-IndustryMedical Equipment Current SymbolNYSE:INSP CUSIPN/A CIK1609550 Webwww.inspiresleep.com Phone(844) 672-4357FaxN/AEmployees1,011Year FoundedN/APrice Target and Rating Average Stock Price Target$211.92 High Stock Price Target$260.00 Low Stock Price Target$159.00 Potential Upside/Downside+7.6%Consensus RatingModerate Buy Rating Score (0-4)2.64 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)($0.55) Trailing P/E RatioN/A Forward P/E Ratio262.51 P/E GrowthN/ANet Income$-21,150,000.00 Net Margins0.85% Pretax Margin1.21% Return on Equity1.03% Return on Assets0.88% Debt Debt-to-Equity RatioN/A Current Ratio9.25 Quick Ratio8.35 Sales & Book Value Annual Sales$705.71 million Price / Sales8.29 Cash FlowN/A Price / Cash FlowN/A Book Value$21.40 per share Price / Book9.20Miscellaneous Outstanding Shares29,711,000Free Float28,493,000Market Cap$5.85 billion OptionableOptionable Beta1.33 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Timothy P. Herbert (Age 61)CEO, President & Director Comp: $1.36MMr. Richard J. Buchholz (Age 56)Chief Financial Officer Comp: $663.43kMr. Philip J. Ebeling (Age 53)Chief Operating Officer Comp: $675.41kMr. Randall A. Ban (Age 59)Chief Commercial Officer Comp: $624.45kDr. Charisse Y. Sparks FAAOS (Age 61)M.D., Chief Medical Officer Comp: $31.35kMr. Carlton W. Weatherby (Age 39)Chief Strategy Officer Comp: $553.29kMr. John C. Rondoni (Age 44)Chief Technology Officer Comp: $576.72kMs. Ezgi YagciVice President of Investor RelationsMr. Bryan K. Phillips (Age 53)Senior VP, General Counsel, Chief Compliance Officer & Corporate Secretary Comp: $639.9kMr. Steven L. Jandrich (Age 57)Vice President of Human Resources Comp: $417.22kMore ExecutivesKey CompetitorsZimmer BiometNYSE:ZBHSmith & NephewNYSE:SNNSolventumNYSE:SOLVPenumbraNYSE:PENGlaukosNYSE:GKOSView All CompetitorsInsiders & InstitutionsClearbridge Investments LLCBought 11,805 shares on 8/27/2024Ownership: 0.040%Teachers Retirement System of The State of KentuckyBought 437 shares on 8/26/2024Ownership: 0.138%Cetera Investment AdvisersBought 14,582 shares on 8/22/2024Ownership: 0.059%Truist Financial CorpSold 1,190 shares on 8/21/2024Ownership: 0.016%Point72 Asset Management L.P.Sold 272,012 shares on 8/19/2024Ownership: 0.102%View All Insider TransactionsView All Institutional Transactions INSP Stock Analysis - Frequently Asked Questions How have INSP shares performed this year? Inspire Medical Systems' stock was trading at $203.43 at the beginning of 2024. Since then, INSP stock has decreased by 3.2% and is now trading at $196.88. View the best growth stocks for 2024 here. How were Inspire Medical Systems' earnings last quarter? Inspire Medical Systems, Inc. (NYSE:INSP) announced its earnings results on Tuesday, August, 6th. The company reported $0.32 EPS for the quarter, beating analysts' consensus estimates of ($0.14) by $0.46. The company's revenue for the quarter was up 29.6% compared to the same quarter last year. What is Tim Herbert's approval rating as Inspire Medical Systems' CEO? 2 employees have rated Inspire Medical Systems Chief Executive Officer Tim Herbert on Glassdoor.com. Tim Herbert has an approval rating of 100% among the company's employees. This puts Tim Herbert in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. When did Inspire Medical Systems IPO? Inspire Medical Systems (INSP) raised $75 million in an initial public offering (IPO) 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. Who are Inspire Medical Systems' major shareholders? Inspire Medical Systems' top institutional investors include Baillie Gifford & Co. (4.80%), Bank of New York Mellon Corp (2.65%), William Blair Investment Management LLC (2.59%) and Federated Hermes Inc. (1.36%). Insiders that own company stock include Timothy P Herbert, Marilyn C Nelson, Richard Buchholz, John Rondoni, Jerry C Griffin, Steven Jandrich, Randy Ban and Philip Ebeling. View institutional ownership trends. How do I buy shares of Inspire Medical Systems? Shares of INSP 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 Inspire Medical Systems own? Based on aggregate information from My MarketBeat watchlists, some other companies that Inspire Medical Systems investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Cisco Systems (CSCO), Bank of America (BAC), DocuSign (DOCU), Pfizer (PFE) and Block (SQ). This page (NYSE:INSP) 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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