Should You Investigate Inspire Medical Systems, Inc. (NYSE:INSP) At US$256?
While Inspire Medical Systems, Inc. ( NYSE:INSP ) might not be the most widely known stock at the moment, it led the...
Has the U.S. Healthtech Industry valuation changed over the past few years?
|Sun, 28 Nov 2021||US$175.6b||US$23.0b||-US$1,126,772,240.00||104.7x|
|Tue, 26 Oct 2021||US$197.4b||US$22.1b||-US$1,254,921,150.00||92x|
|Thu, 23 Sep 2021||US$197.2b||US$22.0b||-US$1,255,851,452.00||107.6x|
|Sat, 21 Aug 2021||US$185.5b||US$21.9b||-US$1,229,889,348.31||88.4x|
|Sat, 05 Jun 2021||US$165.1b||US$20.3b||-US$1,350,712,571.31||90x|
|Tue, 09 Mar 2021||US$178.3b||US$19.1b||-US$2,268,547,711.31||82x|
|Mon, 30 Nov 2020||US$156.4b||US$17.5b||-US$1,421,801,372.31||114.4x|
|Thu, 03 Sep 2020||US$113.4b||US$14.9b||-US$1,221,637,016.31||43.5x|
|Sun, 07 Jun 2020||US$94.7b||US$14.2b||-US$1,262,828,818.31||43.5x|
|Sat, 29 Feb 2020||US$76.4b||US$13.7b||-US$340,557,575.31||54.8x|
|Tue, 03 Dec 2019||US$72.1b||US$13.4b||-US$260,928,522.31||53.2x|
|Fri, 06 Sep 2019||US$70.4b||US$13.1b||-US$84,708,776.31||52.7x|
|Mon, 10 Jun 2019||US$66.3b||US$12.5b||US$614.2m||49.3x|
|Sun, 03 Mar 2019||US$55.8b||US$12.1b||US$526.6m||67.8x|
|Wed, 05 Dec 2018||US$54.5b||US$11.7b||US$655.4m||39.4x|
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 105x which is higher than its 3-year average PE of 66.1x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: Total earnings for the Healthcare Services industry have declined over the last three years, with the industry now making a loss overall. But revenues have grown 25% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Which industries have driven the changes within the U.S. Healthtech industry?
Industry PE: Investors are most optimistic about the Healthtech industry which is trading above its 3-year average PE ratio of 66.1x. This is likely because analysts are expecting annual earnings growth of 35%, which is higher than its past year's earnings growth of 17% per year.
Forecasted Growth: Analysts are most optimistic on the Healthtech industry, expecting annual earnings growth of 35% over the next 5 years. This is better than it's past earnings growth rate of 17% per year.
Which companies have driven the market over the last 7 days?
Inspire Medical Systems
Computer Programs and Systems