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iRhythm Technologies (IRTC) Competitors

iRhythm Technologies logo
$73.74 -1.73 (-2.29%)
(As of 11/20/2024 ET)

IRTC vs. TNDM, NVCR, HAE, NVRO, TFX, PEN, GKOS, BLCO, INSP, and PRCT

Should you be buying iRhythm Technologies stock or one of its competitors? The main competitors of iRhythm Technologies include Tandem Diabetes Care (TNDM), NovoCure (NVCR), Haemonetics (HAE), Nevro (NVRO), Teleflex (TFX), Penumbra (PEN), Glaukos (GKOS), Bausch + Lomb (BLCO), Inspire Medical Systems (INSP), and PROCEPT BioRobotics (PRCT). These companies are all part of the "medical" sector.

iRhythm Technologies vs.

iRhythm Technologies (NASDAQ:IRTC) and Tandem Diabetes Care (NASDAQ:TNDM) are both medical companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, community ranking, profitability, earnings, dividends, institutional ownership, media sentiment, analyst recommendations and risk.

Tandem Diabetes Care has a net margin of -14.84% compared to iRhythm Technologies' net margin of -26.90%. Tandem Diabetes Care's return on equity of -44.19% beat iRhythm Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
iRhythm Technologies-26.90% -120.86% -17.96%
Tandem Diabetes Care -14.84%-44.19%-11.99%

Tandem Diabetes Care received 179 more outperform votes than iRhythm Technologies when rated by MarketBeat users. However, 66.17% of users gave iRhythm Technologies an outperform vote while only 61.20% of users gave Tandem Diabetes Care an outperform vote.

CompanyUnderperformOutperform
iRhythm TechnologiesOutperform Votes
403
66.17%
Underperform Votes
206
33.83%
Tandem Diabetes CareOutperform Votes
582
61.20%
Underperform Votes
369
38.80%

In the previous week, Tandem Diabetes Care had 4 more articles in the media than iRhythm Technologies. MarketBeat recorded 10 mentions for Tandem Diabetes Care and 6 mentions for iRhythm Technologies. Tandem Diabetes Care's average media sentiment score of 1.34 beat iRhythm Technologies' score of 0.88 indicating that Tandem Diabetes Care is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
iRhythm Technologies
2 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Tandem Diabetes Care
9 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

iRhythm Technologies has higher earnings, but lower revenue than Tandem Diabetes Care. Tandem Diabetes Care is trading at a lower price-to-earnings ratio than iRhythm Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
iRhythm Technologies$492.68M4.68-$123.41M-$4.86-15.17
Tandem Diabetes Care$747.72M2.65-$222.61M-$1.93-15.62

iRhythm Technologies currently has a consensus target price of $108.50, indicating a potential upside of 47.14%. Tandem Diabetes Care has a consensus target price of $54.25, indicating a potential upside of 79.93%. Given Tandem Diabetes Care's higher probable upside, analysts plainly believe Tandem Diabetes Care is more favorable than iRhythm Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
iRhythm Technologies
0 Sell rating(s)
1 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.90
Tandem Diabetes Care
0 Sell rating(s)
4 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.78

iRhythm Technologies has a beta of 1.23, suggesting that its share price is 23% more volatile than the S&P 500. Comparatively, Tandem Diabetes Care has a beta of 1.36, suggesting that its share price is 36% more volatile than the S&P 500.

Summary

Tandem Diabetes Care beats iRhythm Technologies on 11 of the 16 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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IRTC vs. The Competition

MetriciRhythm TechnologiesSurgical & medical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$2.36B$4.46B$5.05B$8.87B
Dividend YieldN/A36.76%4.97%4.06%
P/E Ratio-15.1714.8997.3414.18
Price / Sales4.6847.261,218.4289.42
Price / CashN/A52.2233.5132.79
Price / Book32.205.475.805.12
Net Income-$123.41M$13.76M$119.07M$225.99M
7 Day Performance-11.63%-1.08%-1.83%-1.32%
1 Month Performance18.74%0.58%-3.64%0.60%
1 Year Performance-11.42%50.91%31.62%26.23%

iRhythm Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRTC
iRhythm Technologies
3.2268 of 5 stars
$73.74
-2.3%
$108.50
+47.1%
-11.8%$2.31B$492.68M-15.172,000
TNDM
Tandem Diabetes Care
4.7486 of 5 stars
$30.15
+8.2%
$54.25
+79.9%
+63.7%$1.98B$747.72M-15.622,400Positive News
NVCR
NovoCure
3.7435 of 5 stars
$17.10
+1.4%
$26.17
+53.0%
+38.3%$1.85B$509.34M-12.041,453
HAE
Haemonetics
4.925 of 5 stars
$84.92
+0.1%
$107.88
+27.0%
+2.4%$4.26B$1.31B35.243,657
NVRO
Nevro
2.8885 of 5 stars
$4.23
-0.2%
$9.10
+115.1%
-74.5%$158.50M$425.17M-2.241,215Analyst Upgrade
Gap Down
TFX
Teleflex
4.8737 of 5 stars
$189.00
+0.8%
$259.25
+37.2%
-12.7%$8.78B$2.97B37.2714,500Analyst Downgrade
PEN
Penumbra
4.3239 of 5 stars
$238.30
-0.4%
$227.92
-4.4%
+1.6%$9.15B$1.16B278.144,200Analyst Forecast
Insider Trade
GKOS
Glaukos
3.8428 of 5 stars
$141.44
-1.9%
$134.55
-4.9%
+121.3%$7.80B$360.35M-46.83780Positive News
BLCO
Bausch + Lomb
2.3996 of 5 stars
$19.38
-0.9%
$20.91
+7.9%
+23.2%$6.83B$4.15B0.0013,300
INSP
Inspire Medical Systems
4.9104 of 5 stars
$186.80
+1.1%
$233.58
+25.0%
+29.2%$5.60B$624.80M172.781,011Analyst Upgrade
Positive News
Gap Up
PRCT
PROCEPT BioRobotics
1.5867 of 5 stars
$92.70
-0.9%
$89.50
-3.5%
+180.7%$4.84B$136.19M0.00626

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This page (NASDAQ:IRTC) was last updated on 11/21/2024 by MarketBeat.com Staff
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