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iRhythm Technologies NasdaqGS:IRTC Stock Report

Last Price

US$108.59

Market Cap

US$3.4b

7D

3.6%

1Y

-2.1%

Updated

01 May, 2025

Data

Company Financials +

iRhythm Technologies, Inc.

NasdaqGS:IRTC Stock Report

Market Cap: US$3.4b

IRTC Stock Overview

A digital healthcare company, engages in the design, development, and commercialization of device-based technology that provides ambulatory cardiac monitoring services to diagnose arrhythmias in the United States. More details

IRTC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Community vs My Fair Value

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iRhythm Technologies, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for iRhythm Technologies
Historical stock prices
Current Share PriceUS$108.59
52 Week HighUS$128.52
52 Week LowUS$55.92
Beta1.45
1 Month Change1.60%
3 Month Change-0.24%
1 Year Change-2.07%
3 Year Change-8.07%
5 Year Change-9.24%
Change since IPO316.85%

Recent News & Updates

iRhythm Technologies, Inc.'s (NASDAQ:IRTC) Share Price Matching Investor Opinion

Apr 24
iRhythm Technologies, Inc.'s (NASDAQ:IRTC) Share Price Matching Investor Opinion

Would iRhythm Technologies (NASDAQ:IRTC) Be Better Off With Less Debt?

Apr 03
Would iRhythm Technologies (NASDAQ:IRTC) Be Better Off With Less Debt?

Recent updates

iRhythm Technologies, Inc.'s (NASDAQ:IRTC) Share Price Matching Investor Opinion

Apr 24
iRhythm Technologies, Inc.'s (NASDAQ:IRTC) Share Price Matching Investor Opinion

Would iRhythm Technologies (NASDAQ:IRTC) Be Better Off With Less Debt?

Apr 03
Would iRhythm Technologies (NASDAQ:IRTC) Be Better Off With Less Debt?

A Look At The Fair Value Of iRhythm Technologies, Inc. (NASDAQ:IRTC)

Feb 15
A Look At The Fair Value Of iRhythm Technologies, Inc. (NASDAQ:IRTC)

Is It Too Late To Consider Buying iRhythm Technologies, Inc. (NASDAQ:IRTC)?

Jan 31
Is It Too Late To Consider Buying iRhythm Technologies, Inc. (NASDAQ:IRTC)?

What You Can Learn From iRhythm Technologies, Inc.'s (NASDAQ:IRTC) P/S

Jan 16
What You Can Learn From iRhythm Technologies, Inc.'s (NASDAQ:IRTC) P/S

iRhythm Technologies: Today's 510(K) Victory May Only Be A Temporary Reprieve

Oct 22

Take Care Before Jumping Onto iRhythm Technologies, Inc. (NASDAQ:IRTC) Even Though It's 26% Cheaper

Oct 13
Take Care Before Jumping Onto iRhythm Technologies, Inc. (NASDAQ:IRTC) Even Though It's 26% Cheaper

Is iRhythm Technologies (NASDAQ:IRTC) A Risky Investment?

Sep 19
Is iRhythm Technologies (NASDAQ:IRTC) A Risky Investment?

Getting In Cheap On iRhythm Technologies, Inc. (NASDAQ:IRTC) Might Be Difficult

Jul 13
Getting In Cheap On iRhythm Technologies, Inc. (NASDAQ:IRTC) Might Be Difficult

iRhythm Technologies (NASDAQ:IRTC) Is Carrying A Fair Bit Of Debt

May 13
iRhythm Technologies (NASDAQ:IRTC) Is Carrying A Fair Bit Of Debt

iRhythm Technologies, Inc.'s (NASDAQ:IRTC) Business Is Trailing The Industry But Its Shares Aren't

Mar 25
iRhythm Technologies, Inc.'s (NASDAQ:IRTC) Business Is Trailing The Industry But Its Shares Aren't

Here's What Analysts Are Forecasting For iRhythm Technologies, Inc. (NASDAQ:IRTC) After Its Annual Results

Feb 25
Here's What Analysts Are Forecasting For iRhythm Technologies, Inc. (NASDAQ:IRTC) After Its Annual Results

iRhythm Technologies (NASDAQ:IRTC) Has Debt But No Earnings; Should You Worry?

Feb 02
iRhythm Technologies (NASDAQ:IRTC) Has Debt But No Earnings; Should You Worry?

iRhythm Technologies, Inc. (NASDAQ:IRTC) Shares Could Be 30% Below Their Intrinsic Value Estimate

Dec 20
iRhythm Technologies, Inc. (NASDAQ:IRTC) Shares Could Be 30% Below Their Intrinsic Value Estimate

iRhythm Technologies, Inc. (NASDAQ:IRTC) Stocks Shoot Up 25% But Its P/S Still Looks Reasonable

Dec 20
iRhythm Technologies, Inc. (NASDAQ:IRTC) Stocks Shoot Up 25% But Its P/S Still Looks Reasonable

Is Now An Opportune Moment To Examine iRhythm Technologies, Inc. (NASDAQ:IRTC)?

Dec 02
Is Now An Opportune Moment To Examine iRhythm Technologies, Inc. (NASDAQ:IRTC)?

Health Check: How Prudently Does iRhythm Technologies (NASDAQ:IRTC) Use Debt?

Sep 20
Health Check: How Prudently Does iRhythm Technologies (NASDAQ:IRTC) Use Debt?

iRhythm Technologies, Inc. (NASDAQ:IRTC) Shares Could Be 25% Below Their Intrinsic Value Estimate

Aug 30
iRhythm Technologies, Inc. (NASDAQ:IRTC) Shares Could Be 25% Below Their Intrinsic Value Estimate

When Should You Buy iRhythm Technologies, Inc. (NASDAQ:IRTC)?

Jul 04
When Should You Buy iRhythm Technologies, Inc. (NASDAQ:IRTC)?

Is iRhythm Technologies (NASDAQ:IRTC) Using Debt In A Risky Way?

Jun 16
Is iRhythm Technologies (NASDAQ:IRTC) Using Debt In A Risky Way?

Estimating The Intrinsic Value Of iRhythm Technologies, Inc. (NASDAQ:IRTC)

May 26
Estimating The Intrinsic Value Of iRhythm Technologies, Inc. (NASDAQ:IRTC)

iRhythm Technologies, Inc.'s (NASDAQ:IRTC) P/S Is On The Mark

May 08
iRhythm Technologies, Inc.'s (NASDAQ:IRTC) P/S Is On The Mark

What Does iRhythm Technologies, Inc.'s (NASDAQ:IRTC) Share Price Indicate?

Mar 27
What Does iRhythm Technologies, Inc.'s (NASDAQ:IRTC) Share Price Indicate?

Is iRhythm Technologies (NASDAQ:IRTC) Using Debt Sensibly?

Feb 25
Is iRhythm Technologies (NASDAQ:IRTC) Using Debt Sensibly?

Shareholder Returns

IRTCUS Medical EquipmentUS Market
7D3.6%-0.1%1.8%
1Y-2.1%6.3%9.5%

Return vs Industry: IRTC underperformed the US Medical Equipment industry which returned 7.7% over the past year.

Return vs Market: IRTC underperformed the US Market which returned 9.6% over the past year.

Price Volatility

Is IRTC's price volatile compared to industry and market?
IRTC volatility
IRTC Average Weekly Movement5.9%
Medical Equipment Industry Average Movement9.3%
Market Average Movement7.8%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market4.1%

Stable Share Price: IRTC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: IRTC's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20062,000Quentin Blackfordwww.irhythmtech.com

iRhythm Technologies, Inc., a digital healthcare company, engages in the design, development, and commercialization of device-based technology that provides ambulatory cardiac monitoring services to diagnose arrhythmias in the United States. The company offers Zio ambulatory cardiac monitoring services, including long-term and short-term continuous monitoring and mobile cardiac telemetry monitoring services. It also provides Zio Monitor System, a prescription-only remote electrocardiogram (ECG) monitoring system consisting a patch ECG monitor that records the electric signal from the heart continuously for up to 14 days; Zio XT System, a prescription-only remote ECG monitoring system that consists of the Zio XT patch that records the electric signal from the heart continuously for up to 14 days; and Zio ECG Utilization Software System, which supports the capture and analysis of ECG data.

iRhythm Technologies, Inc. Fundamentals Summary

How do iRhythm Technologies's earnings and revenue compare to its market cap?
IRTC fundamental statistics
Market capUS$3.41b
Earnings (TTM)-US$113.29m
Revenue (TTM)US$591.84m

5.9x

P/S Ratio

-30.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IRTC income statement (TTM)
RevenueUS$591.84m
Cost of RevenueUS$184.31m
Gross ProfitUS$407.53m
Other ExpensesUS$520.82m
Earnings-US$113.29m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-3.55
Gross Margin68.86%
Net Profit Margin-19.14%
Debt/Equity Ratio711.1%

How did IRTC perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/01 13:51
End of Day Share Price 2025/05/01 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

iRhythm Technologies, Inc. is covered by 22 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael PolarkBaird
David RescottBaird
Joanne WuenschBMO Capital Markets Equity Research