NeuroPace (NPCE) Stock Price, News & Analysis

Company Overview

NeuroPace, Inc. operates as a medical device company in the United States. The company develops RNS system, a brain-responsive neuromodulation system that delivers personalized, real-time treatment at the seizure source for treating medically refractory focal epilepsy. It also records continuous brain activity data and enables clinicians to monitor patients in person and remotely. Its RNS System includes RNS neurostimulator, cortical strip and depth leads, and Patient Remote Monitor, as well as other implantable and non-implantable accessories. The company sells its products to hospital facilities for initial RNS system implant procedures and for replacement procedures. NeuroPace, Inc. was incorporated in 1997 and is headquartered in Mountain View, California.

Key Stats

• Today's Range: $10.76 to $11.59
• 50-Day Range: $5.90 to $11.93
• 52-Week Range: $5.45 to $18.15
• Volume: 188,294 shs
• Average Volume: 95,864 shs
• Market Capitalization: $344.15 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $14.50
• Consensus Rating: Moderate Buy

NeuroPace Stock Analysis - MarketRank™

NeuroPace scored higher than 75% of companies evaluated by MarketBeat, and ranked 259th out of 944 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

NeuroPace has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

NeuroPace has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for NeuroPace are expected to grow in the coming year, from ($1.00) to ($0.98) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NeuroPace is -11.53, 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. Sector

The P/E ratio of NeuroPace is -11.53, 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 Ratio

NeuroPace has a P/B Ratio of 14.59. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.82% of the float of NeuroPace has been sold short.

Short Interest Ratio / Days to Cover

NeuroPace has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NeuroPace has recently decreased by 14.12%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

NeuroPace does not currently pay a dividend.

Dividend Growth

NeuroPace does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.82% of the float of NeuroPace has been sold short.

Short Interest Ratio / Days to Cover

NeuroPace has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NeuroPace has recently decreased by 14.12%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.81

News Sentiment

NeuroPace has a news sentiment score of 0.81. 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 0.60 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for NeuroPace this week, compared to 2 articles on an average week.

MarketBeat Follows

Only 1 people have added NeuroPace to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, NeuroPace insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,437,916.00 in company stock.

Percentage Held by Insiders

22.20% of the stock of NeuroPace is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

78.83% of the stock of NeuroPace is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NPCE Stock Analysis - Frequently Asked Questions

How have NPCE shares performed this year?

NeuroPace's stock was trading at $10.31 at the beginning of the year. Since then, NPCE shares have increased by 11.8% and is now trading at $11.53.
View the best growth stocks for 2024 here.

How were NeuroPace's earnings last quarter?

NeuroPace, Inc. (NASDAQ:NPCE) released its quarterly earnings results on Tuesday, November, 12th. The company reported ($0.19) EPS for the quarter, beating analysts' consensus estimates of ($0.26) by $0.07. The firm earned $21.06 million during the quarter, compared to the consensus estimate of $19.33 million. NeuroPace had a negative net margin of 36.74% and a negative trailing twelve-month return on equity of 205.41%.

When did NeuroPace IPO?

NeuroPace (NPCE) raised $85 million in an initial public offering on Thursday, April 22nd 2021. The company issued 5,300,000 shares at a price of $15.00-$17.00 per share. J.P. Morgan and Morgan Stanley served as the underwriters for the IPO and Wells Fargo and SVB Leerink were co-managers.

Who are NeuroPace's major shareholders?

Top institutional shareholders of NeuroPace include Geode Capital Management LLC (1.09%), State Street Corp (0.53%), Barclays PLC (0.07%) and Barclays PLC (0.07%). Insiders that own company stock include Ltd Kck, Accelmed Partners Ii LP, Orbimed Advisors Llc, Martha Morrell and Irina Ridley.
View institutional ownership trends.

How do I buy shares of NeuroPace?

Shares of NPCE 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 NeuroPace own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NeuroPace investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), e.l.f. Beauty (ELF) and Jabil (JBL).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Surgical & medical instruments
• Sub-Industry: Medical Equipment
• Current Symbol: NASDAQ:NPCE
• CUSIP: N/A
• CIK: 1528287
• Web: www.neuropace.com
• Phone: 650-237-2700
• Fax: N/A
• Employees: 170
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $14.50
• High Stock Price Target: $22.00
• Low Stock Price Target: $8.00
• Potential Upside/Downside: +25.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.86
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.00)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-32,960,000.00
• Net Margins: -36.74%
• Pretax Margin: -36.74%
• Return on Equity: -205.41%
• Return on Assets: -28.29%

Debt

• Debt-to-Equity Ratio: 6.03
• Current Ratio: 5.59
• Quick Ratio: 4.77

Sales & Book Value

• Annual Sales: $76.45 million
• Price / Sales: 4.50
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.79 per share
• Price / Book: 14.59

Miscellaneous

• Outstanding Shares: 29,848,000
• Free Float: 23,222,000
• Market Cap: $344.15 million
• Optionable: Optionable
• Beta: 2.05