Irhythm Technologies Stock Buy Hold or Sell Recommendation
| IRTC Stock | USD 100.67 2.90 2.97% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding iRhythm Technologies is 'Strong Hold'. Macroaxis provides IRhythm Technologies buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding IRTC positions.
Check out IRhythm Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade IRhythm Stock refer to our How to Trade IRhythm Stock guide. In addition, we conduct extensive research on individual companies such as IRhythm and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards iRhythm Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
IRhythm |
Execute IRhythm Technologies Buy or Sell Advice
The IRhythm recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on iRhythm Technologies. Macroaxis does not own or have any residual interests in iRhythm Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute IRhythm Technologies' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
IRhythm Technologies Trading Alerts and Improvement Suggestions
| The company reported the previous year's revenue of 591.84 M. Net Loss for the year was (113.29 M) with profit before overhead, payroll, taxes, and interest of 407.53 M. | |
| iRhythm Technologies has a poor financial position based on the latest SEC disclosures | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Acquisition by Sumi Shrishrimal of 110 shares of IRhythm Technologies at 71.46 subject to Rule 16b-3 |
IRhythm Technologies Returns Distribution Density
The distribution of IRhythm Technologies' historical returns is an attempt to chart the uncertainty of IRhythm Technologies' future price movements. The chart of the probability distribution of IRhythm Technologies daily returns describes the distribution of returns around its average expected value. We use iRhythm Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of IRhythm Technologies returns is essential to provide solid investment advice for IRhythm Technologies.
| Mean Return | 0.29 | Value At Risk | -3.94 | Potential Upside | 4.96 | Standard Deviation | 2.78 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of IRhythm Technologies historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
IRhythm Stock Institutional Investors
| Shares | Champlain Investment Partners, Llc | 2024-12-31 | 726.3 K | Jpmorgan Chase & Co | 2024-12-31 | 706.8 K | Braidwell Lp | 2024-12-31 | 705.4 K | Blair William & Co | 2024-12-31 | 604.7 K | Allspring Global Investments Holdings, Llc | 2024-12-31 | 570 K | Bessemer Group Inc | 2024-12-31 | 568 K | Slate Path Capital Lp | 2024-12-31 | 510.5 K | Stephens Inv Mgmt Group Llc | 2024-12-31 | 502.9 K | Bank Of New York Mellon Corp | 2024-12-31 | 491.5 K | Sands Capital Management, Llc | 2024-12-31 | 3.2 M | Vanguard Group Inc | 2024-12-31 | 3.1 M |
IRhythm Technologies Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | (1.4M) | (5.0M) | (5.1M) | 979K | (224K) | (235.2K) | |
| Investments | (118.8M) | 133.3M | (22.6M) | (10.7M) | (123.0M) | (116.8M) | |
| Change In Cash | 68.2M | 38.9M | (48.7M) | (42.7M) | 391.8M | 411.4M | |
| Free Cash Flow | (27.3M) | (65.8M) | (52.8M) | (90.5M) | 3.4M | 3.6M | |
| Depreciation | 6.9M | 9.8M | 19.6M | 22.1M | 25.8M | 27.1M | |
| Other Non Cash Items | 6.0M | 6.8M | 81.3M | 76.0M | 3.4M | 3.2M | |
| Capital Expenditures | 13.6M | 28.1M | 29.8M | 40.4M | 48.9M | 51.4M | |
| Net Income | (43.8M) | (101.4M) | (116.2M) | (123.4M) | (113.3M) | (107.6M) | |
| End Period Cash Flow | 88.6M | 127.6M | 78.8M | 36.2M | 428.0M | 449.4M | |
| Change To Netincome | 26.2M | 41.5M | 100.0M | 81.2M | 93.3M | 98.0M | |
| Change Receivables | (22.9M) | (28.7M) | (38.0M) | (61.8M) | (55.7M) | (52.9M) |
IRhythm Technologies Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to IRhythm Technologies or Health Care Equipment & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that IRhythm Technologies' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a IRhythm stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.32 | |
β | Beta against Dow Jones | 0.34 | |
σ | Overall volatility | 2.68 | |
Ir | Information ratio | 0.14 |
IRhythm Technologies Volatility Alert
iRhythm Technologies currently demonstrates below-average downside deviation. It has Information Ratio of 0.14 and Jensen Alpha of 0.32. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure IRhythm Technologies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact IRhythm Technologies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.IRhythm Technologies Fundamentals Vs Peers
Comparing IRhythm Technologies' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze IRhythm Technologies' direct or indirect competition across all of the common fundamentals between IRhythm Technologies and the related equities. This way, we can detect undervalued stocks with similar characteristics as IRhythm Technologies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of IRhythm Technologies' fundamental indicators could also be used in its relative valuation, which is a method of valuing IRhythm Technologies by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare IRhythm Technologies to competition |
| Fundamentals | IRhythm Technologies | Peer Average |
| Return On Equity | -0.75 | -0.31 |
| Return On Asset | -0.0654 | -0.14 |
| Profit Margin | (0.19) % | (1.27) % |
| Operating Margin | (0.01) % | (5.51) % |
| Current Valuation | 3.36 B | 16.62 B |
| Shares Outstanding | 31.41 M | 571.82 M |
| Shares Owned By Insiders | 0.82 % | 10.09 % |
| Shares Owned By Institutions | 99.18 % | 39.21 % |
| Number Of Shares Shorted | 2.63 M | 4.71 M |
| Price To Earning | (36.08) X | 28.72 X |
| Price To Book | 34.78 X | 9.51 X |
| Price To Sales | 5.34 X | 11.42 X |
| Revenue | 591.84 M | 9.43 B |
| Gross Profit | 407.53 M | 27.38 B |
| EBITDA | (74.13 M) | 3.9 B |
| Net Income | (113.29 M) | 570.98 M |
| Cash And Equivalents | 204.49 M | 2.7 B |
| Cash Per Share | 6.81 X | 5.01 X |
| Total Debt | 736.91 M | 5.32 B |
| Debt To Equity | 0.54 % | 48.70 % |
| Current Ratio | 4.05 X | 2.16 X |
| Book Value Per Share | 2.90 X | 1.93 K |
| Cash Flow From Operations | 3.39 M | 971.22 M |
| Short Ratio | 6.13 X | 4.00 X |
| Earnings Per Share | (3.63) X | 3.12 X |
| Target Price | 133.0 | |
| Number Of Employees | 2 K | 18.84 K |
| Beta | 1.36 | -0.15 |
| Market Capitalization | 3.16 B | 19.03 B |
| Total Asset | 931.45 M | 29.47 B |
| Retained Earnings | (758.89 M) | 9.33 B |
| Working Capital | 534.9 M | 1.48 B |
| Current Asset | 54.91 M | 9.34 B |
Note: Acquisition by Chad Patterson of 10742 shares of IRhythm Technologies subject to Rule 16b-3 [view details]
IRhythm Technologies Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as IRhythm . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About IRhythm Technologies Buy or Sell Advice
When is the right time to buy or sell iRhythm Technologies? Buying financial instruments such as IRhythm Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out IRhythm Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade IRhythm Stock refer to our How to Trade IRhythm Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IRhythm Technologies. If investors know IRhythm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IRhythm Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.63) | Revenue Per Share | Quarterly Revenue Growth 0.24 | Return On Assets | Return On Equity |
The market value of iRhythm Technologies is measured differently than its book value, which is the value of IRhythm that is recorded on the company's balance sheet. Investors also form their own opinion of IRhythm Technologies' value that differs from its market value or its book value, called intrinsic value, which is IRhythm Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IRhythm Technologies' market value can be influenced by many factors that don't directly affect IRhythm Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IRhythm Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if IRhythm Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IRhythm Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.