IRTC RSI Chart
Last 7 days
-4.2%
Last 30 days
-14.9%
Last 90 days
-17.0%
Trailing 12 Months
-26.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 513.2M | 0 | 0 | 0 |
2023 | 430.0M | 452.1M | 472.8M | 492.7M |
2022 | 340.9M | 361.7M | 380.1M | 410.9M |
2021 | 275.9M | 306.3M | 319.8M | 322.8M |
2020 | 229.8M | 228.2M | 245.5M | 265.2M |
2019 | 163.8M | 181.0M | 197.2M | 214.6M |
2018 | 108.8M | 120.3M | 133.7M | 147.3M |
2017 | 72.7M | 80.8M | 89.0M | 98.5M |
2016 | 41.9M | 48.8M | 56.2M | 64.1M |
2015 | 25.3M | 28.9M | 32.5M | 36.1M |
2014 | 0 | 0 | 0 | 21.7M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 04, 2024 | shrishrimal sumi | sold | -80,354 | 111 | -723 | evp, chief risk officer |
Mar 04, 2024 | day mark j. | sold | -360,983 | 111 | -3,248 | chief technology officer |
Mar 04, 2024 | murphy patrick michael | sold | -169,488 | 111 | -1,525 | cbo and clo |
Mar 04, 2024 | patterson chad | sold | -119,698 | 111 | -1,077 | chief commercial officer |
Mar 04, 2024 | blackford quentin s. | sold | -469,122 | 111 | -4,221 | president and ceo |
Mar 04, 2024 | bobzien brice | sold | -155,707 | 111 | -1,401 | chief financial officer |
Mar 04, 2024 | wilson daniel g. | sold | -272,515 | 111 | -2,452 | evp, corp dev inv rel |
Mar 04, 2024 | turakhia minang | sold | -104,805 | 111 | -943 | evp, cmo & cso |
Feb 29, 2024 | murphy patrick michael | sold | -928,725 | 121 | -7,615 | cbo and clo |
Feb 29, 2024 | blackford quentin s. | sold | -3,012,530 | 121 | -24,701 | president and ceo |
Which funds bought or sold IRTC recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 17, 2024 | Shaolin Capital Management LLC | new | - | 3,468,400 | 3,468,400 | 0.04% |
May 16, 2024 | Ancora Advisors LLC | unchanged | - | 11,917 | 154,280 | -% |
May 16, 2024 | COMERICA BANK | added | 5,033 | 4,438,450 | 4,519,590 | 0.02% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -5.06 | 99,614 | 3,555,400 | -% |
May 16, 2024 | JANE STREET GROUP, LLC | added | 172 | 8,205,550 | 12,401,000 | -% |
May 15, 2024 | STATE STREET CORP | reduced | -1.07 | 6,004,540 | 89,231,000 | -% |
May 15, 2024 | DEUTSCHE BANK AG\ | added | 62.22 | 2,704,380 | 6,272,240 | -% |
May 15, 2024 | D. E. Shaw & Co., Inc. | reduced | -85.44 | -1,238,730 | 232,000 | -% |
May 15, 2024 | Brevan Howard Capital Management LP | sold off | -100 | -226,925 | - | -% |
May 15, 2024 | PERCEPTIVE ADVISORS LLC | new | - | 28,443,800 | 28,443,800 | 0.49% |
Unveiling iRhythm Technologies Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to iRhythm Technologies Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ABT | 181.1B | 40.3B | 32.19 | 4.49 | ||||
BDX | 68.3B | 19.7B | 51.23 | 3.46 | ||||
ALGN | 20.4B | 3.9B | 44.21 | 5.22 | ||||
BAX | 18.0B | 14.9B | 6.78 | 1.21 | ||||
MID-CAP | ||||||||
ATR | 9.8B | 3.5B | 31.28 | 2.76 | ||||
HSIC | 9.6B | 12.5B | 24.62 | 0.77 | ||||
BIO | 8.4B | 2.6B | -25.99 | 3.22 | ||||
XRAY | 5.9B | 3.9B | -62.8 | 1.49 | ||||
AXNX | 3.4B | 387.1M | -216.3 | 8.9 | ||||
PDCO | 2.3B | 6.6B | 11.93 | 0.35 | ||||
SMALL-CAP | ||||||||
AHCO | 1.3B | 3.2B | -1.91 | 0.41 | ||||
ANIK | 376.6M | 169.3M | -4.9 | 2.23 | ||||
ANGO | 241.9M | 324.0M | -1.26 | 0.75 | ||||
APYX | 55.4M | 50.5M | -2.43 | 1.1 | ||||
AEMD | 1.0M | 3.7M | -0.09 | 0.28 |
iRhythm Technologies Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -0.4% | 131,929,000 | 132,511,000 | 124,604,000 | 124,130,000 | 111,436,000 | 112,617,000 | 103,875,000 | 102,051,000 | 92,378,000 | 81,804,000 | 85,432,000 | 81,278,000 | 74,311,000 | 78,809,000 | 71,944,000 | 50,878,000 | 63,535,000 | 59,104,000 | 54,673,000 | 52,441,000 | 48,334,000 |
Cost Of Revenue | -1.5% | 44,413,000 | 45,085,000 | 42,130,000 | 37,905,000 | 35,755,000 | 33,910,000 | 32,954,000 | 31,806,000 | 30,619,000 | 30,521,000 | 29,284,000 | 25,995,000 | 23,458,000 | 20,498,000 | 18,232,000 | 15,484,000 | 16,063,000 | 13,915,000 | 13,785,000 | 13,012,000 | 11,773,000 |
Gross Profit | 0.1% | 87,516,000 | 87,426,000 | 82,474,000 | 86,225,000 | 75,681,000 | 78,707,000 | 70,921,000 | 70,245,000 | 61,759,000 | 51,283,000 | 56,148,000 | 55,283,000 | 50,853,000 | 58,311,000 | 53,712,000 | 35,394,000 | 47,472,000 | 45,189,000 | 40,888,000 | 39,429,000 | 36,561,000 |
Operating Expenses | -0.8% | 125,654,000 | 126,608,000 | 110,077,000 | 105,097,000 | 115,185,000 | 99,405,000 | 92,007,000 | 93,696,000 | 110,308,000 | 83,482,000 | 79,430,000 | 72,275,000 | 78,323,000 | 67,892,000 | 58,469,000 | 55,556,000 | 56,645,000 | 62,915,000 | 59,148,000 | 49,994,000 | 44,765,000 |
S&GA Expenses | 8.5% | 108,660,000 | 100,114,000 | 93,768,000 | 91,420,000 | 100,343,000 | 86,730,000 | 80,559,000 | 81,751,000 | 73,158,000 | 71,612,000 | 70,745,000 | 62,669,000 | 69,813,000 | 56,288,000 | 49,701,000 | 43,014,000 | 48,230,000 | 53,647,000 | 45,649,000 | 42,161,000 | 38,066,000 |
R&D Expenses | 10.2% | 16,994,000 | 15,416,000 | 16,309,000 | 13,677,000 | 14,842,000 | 12,675,000 | 11,448,000 | 11,945,000 | 10,542,000 | 11,870,000 | 8,685,000 | 9,606,000 | 8,510,000 | 11,604,000 | 8,768,000 | 12,542,000 | 8,415,000 | 9,268,000 | 13,499,000 | 7,833,000 | 6,699,000 |
EBITDA Margin | 1.0% | -0.21 | -0.21 | -0.18 | -0.18 | -0.20 | -0.24 | -0.29 | -0.32 | -0.32 | -0.28 | -0.21 | -0.16 | - | - | - | - | - | - | - | - | - |
Interest Expenses | 203.9% | 2,860,000 | 941,000 | 927,000 | 832,000 | 950,000 | 1,013,000 | 614,000 | 482,000 | 2,029,000 | 248,000 | 279,000 | 307,000 | 335,000 | 374,000 | 384,000 | 381,000 | 380,000 | 385,000 | 409,000 | 440,000 | 409,000 |
Income Taxes | -87.5% | 32,000 | 255,000 | 195,000 | 213,000 | 87,000 | 73,000 | 116,000 | 33,000 | 47,000 | 59,000 | 94,000 | 116,000 | 98,000 | -24,000 | 105,000 | 131,000 | 17,000 | 18,000 | 20,000 | 15,000 | 12,000 |
Earnings Before Taxes | -18.7% | -45,635,000 | -38,444,000 | -26,921,000 | -18,269,000 | -39,022,000 | -20,125,000 | -21,335,000 | -23,864,000 | -50,562,000 | -32,432,000 | -23,637,000 | -17,244,000 | -27,681,000 | -9,675,000 | -4,572,000 | -20,306,000 | -9,048,000 | -17,282,000 | -18,273,000 | -10,710,000 | -8,238,000 |
EBT Margin | -1.2% | -0.25 | -0.25 | -0.22 | -0.22 | -0.24 | -0.28 | -0.34 | -0.36 | -0.36 | -0.31 | -0.24 | -0.19 | - | - | - | - | - | - | - | - | - |
Net Income | -18.0% | -45,667,000 | -38,699,000 | -27,116,000 | -18,482,000 | -39,109,000 | -20,198,000 | -21,451,000 | -23,897,000 | -50,609,000 | -32,491,000 | -23,731,000 | -17,360,000 | -27,779,000 | -9,651,000 | -4,677,000 | -20,437,000 | -9,065,000 | -17,300,000 | -18,293,000 | -10,725,000 | -8,250,000 |
Net Income Margin | -1.1% | -0.25 | -0.25 | -0.22 | -0.22 | -0.24 | -0.28 | -0.34 | -0.36 | -0.36 | -0.31 | -0.25 | -0.19 | - | - | - | - | - | - | - | - | - |
Free Cashflow | -109.6% | -61,805,000 | -29,489,000 | -7,891,000 | -13,969,000 | -39,176,000 | 5,483,000 | -2,664,000 | -11,204,000 | -44,457,000 | -17,670,000 | 4,369,000 | -6,466,000 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 110.0% | 910 | 433 | 440 | 429 | 422 | 448 | 440 | 436 | 429 | 463 | 480 | 485 | 478 | 512 | 497 | 276 | 283 | 306 | 310 | 205 | 115 |
Current Assets | 197.8% | 687 | 231 | 234 | 242 | 254 | 289 | 286 | 285 | 286 | 306 | 325 | 336 | 336 | 378 | 366 | 147 | 154 | 173 | 185 | 92.00 | 92.00 |
Cash Equivalents | 1361.8% | 529 | 36.00 | 47.00 | 62.00 | 53.00 | 79.00 | 71.00 | 101 | 95.00 | 128 | 167 | 139 | 137 | 89.00 | 95.00 | 82.00 | 57.00 | 20.00 | 35.00 | 16.00 | 28.00 |
Inventory | 6.4% | 15.00 | 14.00 | 14.00 | 14.00 | 16.00 | 15.00 | 14.00 | 14.00 | 12.00 | 10.00 | 10.00 | 9.00 | 7.00 | 5.00 | 5.00 | 5.00 | 4.00 | 4.00 | 3.00 | 3.00 | 3.00 |
Net PPE | 7.8% | 112 | 104 | 97.00 | 90.00 | 82.00 | 76.00 | 72.00 | 66.00 | 57.00 | 56.00 | 53.00 | 47.00 | 37.00 | 34.00 | 33.00 | 30.00 | 28.00 | 26.00 | 18.00 | 13.00 | 10.00 |
Goodwill | 0% | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Liabilities | 267.4% | 819 | 223 | 220 | 206 | 200 | 208 | 201 | 191 | 184 | 183 | 184 | 179 | 169 | 170 | 163 | 158 | 158 | 171 | 167 | 159 | 68.00 |
Current Liabilities | -9.8% | 97.00 | 107 | 102 | 89.00 | 82.00 | 89.00 | 84.00 | 70.00 | 62.00 | 88.00 | 83.00 | 73.00 | 59.00 | 66.00 | 56.00 | 47.00 | 43.00 | 52.00 | 45.00 | 35.00 | 29.00 |
Long Term Debt | -100.0% | - | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 10.00 | 13.00 | 16.00 | 18.00 | 21.00 | 24.00 | 27.00 | 30.00 | 33.00 | 35.00 | 35.00 | 35.00 |
LT Debt, Non Current | -100.0% | - | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 10.00 | 13.00 | 16.00 | 18.00 | 21.00 | 24.00 | 27.00 | 30.00 | 33.00 | 35.00 | 35.00 | 35.00 |
Shareholder's Equity | -57.0% | 90.00 | 210 | 220 | 224 | 222 | 240 | 239 | 245 | 245 | 280 | 296 | 306 | 310 | 342 | 335 | 118 | 125 | 135 | 143 | 47.00 | 48.00 |
Retained Earnings | -7.1% | -691 | -645 | -606 | -579 | -561 | -522 | -502 | -480 | -456 | -406 | -373 | -349 | -332 | -304 | -295 | -290 | -269 | -260 | -243 | -224 | -214 |
Additional Paid-In Capital | -5.7% | 807 | 856 | 827 | 804 | 783 | 762 | 742 | 726 | 702 | 686 | 669 | 656 | 642 | 646 | 629 | 408 | 395 | 396 | 386 | 271 | 262 |
Shares Outstanding | 0.5% | 31.00 | 31.00 | 31.00 | 31.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 29.00 | 29.00 | 29.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 3,200 | - | - | - | 3,200 | - | - | - | 1,900 | - | - | - | 3,100 | - | - | - | 1,950 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -225.8% | -52,029 | -15,972 | 1,196 | -4,572 | -30,753 | 12,576 | 3,669 | -372 | -38,885 | -13,045 | 17,677 | -543 | -41,842 | 7,818 | 10,942 | -10,153 | -22,366 | -4,860 | -861 | 1,021 | -17,163 |
Share Based Compensation | -12.0% | 20,991 | 23,846 | 21,008 | 14,099 | 18,251 | 15,794 | 12,945 | 15,098 | 13,903 | 11,877 | 12,160 | 10,260 | 20,230 | 13,998 | 17,444 | 9,768 | 305 | 7,177 | 7,401 | 6,807 | 4,856 |
Cashflow From Investing | 2757.0% | 39,998 | 1,400 | -15,438 | 9,009 | 3,820 | -8,114 | -35,362 | -431 | -8,527 | -27,133 | 13,660 | 1,702 | 117,035 | -17,485 | -204,481 | 29,664 | 59,911 | -12,508 | -87,063 | -16,082 | 26,379 |
Cashflow From Financing | 14451.4% | 504,641 | 3,468 | 66.00 | 4,381 | 905 | 3,148 | 1,662 | 7,270 | 14,636 | 369 | -2,838 | 338 | -26,446 | 2,959 | 207,145 | 5,705 | -1,493 | 3,196 | 106,574 | 2,944 | -1,138 |
Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||
Revenue, net | $ 131,929 | $ 111,436 |
Cost of revenue | 44,413 | 35,755 |
Gross profit | 87,516 | 75,681 |
Operating expenses: | ||
Research and development | 16,994 | 14,842 |
Selling, general and administrative | 108,660 | 100,343 |
Total operating expenses | 125,654 | 115,185 |
Loss from operations | (38,138) | (39,504) |
Interest expense | (2,860) | (950) |
Interest and other income, net | 2,952 | 1,432 |
Loss on extinguishment of debt | (7,589) | 0 |
Loss before income taxes | (45,635) | (39,022) |
Income tax provision | 32 | 87 |
Net loss | $ (45,667) | $ (39,109) |
Net loss per common share, basic (in USD per share) | $ (1.47) | $ (1.29) |
Net loss per common share, diluted (in USD per share) | $ (1.47) | $ (1.29) |
Weighted-average shares, basic (in shares) | 31,033 | 30,297 |
Weighted-average shares, diluted (in shares) | 31,033 | 30,297 |
Condensed Consolidated Balance Sheets - USD ($) shares in Thousands, $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 520,421 | $ 36,173 |
Marketable securities | 48,671 | 97,591 |
Accounts receivable, net | 89,712 | 61,484 |
Inventory | 14,873 | 13,973 |
Prepaid expenses and other current assets | 13,778 | 21,591 |
Total current assets | 687,455 | 230,812 |
Property and equipment, net | 112,274 | 104,114 |
Operating lease right-of-use assets | 48,073 | 49,317 |
Restricted cash, long-term | 8,358 | 0 |
Goodwill | 862 | 862 |
Other assets | 52,733 | 48,039 |
Total assets | 909,755 | 433,144 |
Current liabilities: | ||
Accounts payable | 8,440 | 5,543 |
Accrued liabilities | 70,044 | 83,362 |
Deferred revenue | 3,068 | 3,306 |
Operating lease liabilities, current portion | 15,289 | 15,159 |
Total current liabilities | 96,841 | 107,370 |
Long-term senior convertible notes | 644,076 | 0 |
Debt, noncurrent portion | 0 | 34,950 |
Other noncurrent liabilities | 908 | 1,012 |
Operating lease liabilities, noncurrent portion | 77,640 | 79,715 |
Total liabilities | 819,465 | 223,047 |
Commitments and contingencies (Note 7) | ||
Stockholders’ equity: | ||
Preferred stock, $0.001 par value – 5,000 shares authorized; none issued and outstanding at March 31, 2024 and December 31, 2023 | 0 | 0 |
Common stock, $0.001 par value – $100,000 shares authorized; $31,326 shares issued and $31,097 shares outstanding at March 31, 2024, respectively; and $30,954 shares issued and outstanding at December 31, 2023 | 31 | 31 |
Additional paid-in capital | 806,621 | 855,784 |
Accumulated other comprehensive loss | (89) | (112) |
Accumulated deficit | (691,273) | (645,606) |
Treasury stock, at cost; $229 and $0 shares at March 31, 2024 and December 31, 2023, respectively | (25,000) | 0 |
Total stockholders’ equity | 90,290 | 210,097 |
Total liabilities and stockholders’ equity | $ 909,755 | $ 433,144 |
Treasury stock (in shares) | 229 | 0 |