IRhythm Technologies Net Worth
IRhythm Technologies Net Worth Breakdown | IRTC |
IRhythm Technologies Net Worth Analysis
IRhythm Technologies' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including IRhythm Technologies' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of IRhythm Technologies' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform IRhythm Technologies' net worth analysis. One common approach is to calculate IRhythm Technologies' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares IRhythm Technologies' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing IRhythm Technologies' net worth. This approach calculates the present value of IRhythm Technologies' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of IRhythm Technologies' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate IRhythm Technologies' net worth. This involves comparing IRhythm Technologies' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into IRhythm Technologies' net worth relative to its peers.
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To determine if IRhythm Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding IRhythm Technologies' net worth research are outlined below:
| 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: iRhythm Technologies Upgraded to Buy Heres What You Should Know |
IRhythm Technologies Quarterly Good Will |
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IRhythm Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in iRhythm Technologies. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to IRhythm Technologies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
IRhythm Technologies Target Price Consensus
IRhythm target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. IRhythm Technologies' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 13 | Strong Buy |
Most IRhythm analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand IRhythm stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of iRhythm Technologies, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationIRhythm Technologies Target Price Projection
IRhythm Technologies' current and average target prices are 104.49 and 106.83, respectively. The current price of IRhythm Technologies is the price at which iRhythm Technologies is currently trading. On the other hand, IRhythm Technologies' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
IRhythm Technologies Market Quote on 22nd of March 2025
Target Price
Analyst Consensus On IRhythm Technologies Target Price
Know IRhythm Technologies' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as IRhythm Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading iRhythm Technologies backward and forwards among themselves. IRhythm Technologies' institutional investor refers to the entity that pools money to purchase IRhythm Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| 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 |
Follow IRhythm Technologies' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.28 B.Market Cap |
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Project IRhythm Technologies' profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.12) | (0.13) | |
| Return On Capital Employed | (0.14) | (0.15) | |
| Return On Assets | (0.12) | (0.13) | |
| Return On Equity | (1.25) | (1.18) |
When accessing IRhythm Technologies' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures IRhythm Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of IRhythm Technologies' profitability and make more informed investment decisions.
Please note, the presentation of IRhythm Technologies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, IRhythm Technologies' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of IRhythm Technologies' management manipulating its earnings.
Evaluate IRhythm Technologies' management efficiency
iRhythm Technologies has return on total asset (ROA) of (0.0654) % which means that it has lost $0.0654 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.7527) %, meaning that it created substantial loss on money invested by shareholders. IRhythm Technologies' management efficiency ratios could be used to measure how well IRhythm Technologies manages its routine affairs as well as how well it operates its assets and liabilities. As of March 22, 2025, Return On Tangible Assets is expected to decline to -0.13. In addition to that, Return On Capital Employed is expected to decline to -0.15. At present, IRhythm Technologies' Net Tangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 299.9 M, whereas Other Assets are forecasted to decline to about 19.3 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.91 | 3.98 | |
| Tangible Book Value Per Share | 2.89 | 3.90 | |
| Enterprise Value Over EBITDA | (42.23) | (44.34) | |
| Price Book Value Ratio | 30.94 | 32.49 | |
| Enterprise Value Multiple | (42.23) | (44.34) | |
| Price Fair Value | 30.94 | 32.49 | |
| Enterprise Value | 2.6 B | 1.6 B |
Understanding the operational decisions made by IRhythm Technologies management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Enterprise Value Revenue 5.8777 | Revenue | Quarterly Revenue Growth 0.24 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific IRhythm Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on IRhythm Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases IRhythm Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
IRhythm Technologies Corporate Filings
F4 | 4th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 20th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 14th of February 2025 Other Reports | ViewVerify | |
| 13th of February 2025 Other Reports | ViewVerify |
IRhythm Technologies Earnings Estimation Breakdown
The calculation of IRhythm Technologies' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of IRhythm Technologies is estimated to be -0.6886 with the future projection ranging from a low of -1.2 to a high of -0.677. Please be aware that this consensus of annual earnings estimates for iRhythm Technologies is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
-1.2 Lowest | Expected EPS | -0.68 Highest |
IRhythm Technologies Earnings Projection Consensus
Suppose the current estimates of IRhythm Technologies' value are higher than the current market price of the IRhythm Technologies stock. In this case, investors may conclude that IRhythm Technologies is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and IRhythm Technologies' stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
| 13 | 68.2% | 0.01 | -0.6886 | -3.63 |
IRhythm Technologies Earnings per Share Projection vs Actual
Actual Earning per Share of IRhythm Technologies refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering iRhythm Technologies predict the company's earnings will be in the future. The higher the earnings per share of IRhythm Technologies, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.IRhythm Technologies Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as IRhythm Technologies, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of IRhythm Technologies should always be considered in relation to other companies to make a more educated investment decision.IRhythm Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact IRhythm Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2025-02-20 | 2024-12-31 | -0.28 | 0.01 | 0.29 | 103 | ||
2024-10-30 | 2024-09-30 | -0.57 | -1.26 | -0.69 | 121 | ||
2024-08-01 | 2024-06-30 | -0.89 | -0.61 | 0.28 | 31 | ||
2024-05-02 | 2024-03-31 | -0.96 | -1.23 | -0.27 | 28 | ||
2024-02-22 | 2023-12-31 | -0.6 | -1.26 | -0.66 | 110 | ||
2023-11-02 | 2023-09-30 | -0.66 | -0.89 | -0.23 | 34 | ||
2023-08-03 | 2023-06-30 | -0.78 | -0.61 | 0.17 | 21 | ||
2023-05-04 | 2023-03-31 | -0.9 | -1.1 | -0.2 | 22 | ||
2023-02-23 | 2022-12-31 | -0.62 | -0.67 | -0.05 | 8 | ||
2022-11-01 | 2022-09-30 | -0.83 | -0.63 | 0.2 | 24 | ||
2022-08-04 | 2022-06-30 | -0.91 | -0.8 | 0.11 | 12 | ||
2022-05-05 | 2022-03-31 | -1.08 | -0.8 | 0.28 | 25 | ||
2022-02-23 | 2021-12-31 | -1.17 | -1.1 | 0.07 | 5 | ||
2021-11-04 | 2021-09-30 | -1.1 | -0.81 | 0.29 | 26 | ||
2021-08-05 | 2021-06-30 | -0.94 | -0.59 | 0.35 | 37 | ||
2021-05-06 | 2021-03-31 | -0.83 | -0.95 | -0.12 | 14 | ||
2021-02-25 | 2020-12-31 | -0.31 | -0.33 | -0.02 | 6 | ||
2020-11-05 | 2020-09-30 | -0.51 | -0.17 | 0.34 | 66 | ||
2020-08-06 | 2020-06-30 | -0.8 | -0.75 | 0.05 | 6 | ||
2020-05-07 | 2020-03-31 | -0.59 | -0.34 | 0.25 | 42 | ||
2020-02-27 | 2019-12-31 | -0.53 | -0.65 | -0.12 | 22 | ||
2019-11-05 | 2019-09-30 | -0.4 | -0.74 | -0.34 | 85 | ||
2019-07-31 | 2019-06-30 | -0.45 | -0.46 | -0.01 | 2 | ||
2019-05-07 | 2019-03-31 | -0.48 | -0.33 | 0.15 | 31 | ||
2019-02-12 | 2018-12-31 | -0.44 | -0.48 | -0.04 | 9 | ||
2018-10-30 | 2018-09-30 | -0.45 | -0.43 | 0.02 | 4 | ||
2018-08-01 | 2018-06-30 | -0.39 | -0.51 | -0.12 | 30 | ||
2018-05-02 | 2018-03-31 | -0.36 | -0.47 | -0.11 | 30 | ||
2018-02-14 | 2017-12-31 | -0.35 | -0.48 | -0.13 | 37 | ||
2017-11-01 | 2017-09-30 | -0.29 | -0.29 | 0.0 | 0 | ||
2017-08-02 | 2017-06-30 | -0.28 | -0.29 | -0.01 | 3 | ||
2017-05-03 | 2017-03-31 | -0.34 | -0.24 | 0.1 | 29 | ||
2017-02-15 | 2016-12-31 | -0.26 | -0.37 | -0.11 | 42 | ||
2016-12-05 | 2016-09-30 | -0.3 | -2.8 | -2.5 | 833 |
IRhythm Technologies Corporate Management
| Chad Patterson | Chief Officer | Profile | |
| Brice CPA | Chief Officer | Profile | |
| Mazi Kiani | VP Regulatory | Profile | |
| Daniel Wilson | Executive Relations | Profile | |
| Mintu MD | Chief Officer | Profile | |
| MS MD | Chief Innovation | Profile | |
| Mervin Smith | Executive Operations | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 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. For information on how to trade IRhythm Stock refer to our How to Trade IRhythm Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.