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ReShape Lifesciences NasdaqCM:RSLS Stock Report

Last Price

US$4.38

Market Cap

US$3.1m

7D

-7.2%

1Y

-74.6%

Updated

22 Dec, 2024

Data

Company Financials

ReShape Lifesciences Inc.

NasdaqCM:RSLS Stock Report

Market Cap: US$3.1m

RSLS Stock Overview

Provides products and services that manages and treat obesity and metabolic diseases in the United States, Australia, Europe, and internationally. More details

RSLS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

ReShape Lifesciences Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for ReShape Lifesciences
Historical stock prices
Current Share PriceUS$4.38
52 Week HighUS$29.00
52 Week LowUS$4.09
Beta1.38
1 Month Change-21.08%
3 Month Change-45.18%
1 Year Change-74.62%
3 Year Change-99.92%
5 Year Change-99.97%
Change since IPO-100.00%

Recent News & Updates

Recent updates

It's A Story Of Risk Vs Reward With ReShape Lifesciences Inc. (NASDAQ:RSLS)

Apr 18
It's A Story Of Risk Vs Reward With ReShape Lifesciences Inc. (NASDAQ:RSLS)

ReShape wins FDA clearance for device used in weight loss surgery

Aug 10

Analysts Have Lowered Expectations For ReShape Lifesciences Inc. (NASDAQ:RSLS) After Its Latest Results

Mar 31
Analysts Have Lowered Expectations For ReShape Lifesciences Inc. (NASDAQ:RSLS) After Its Latest Results

Health Check: How Prudently Does ReShape Lifesciences (NASDAQ:RSLS) Use Debt?

Dec 09
Health Check: How Prudently Does ReShape Lifesciences (NASDAQ:RSLS) Use Debt?

Does ReShape Lifesciences (NASDAQ:RSLS) Have A Healthy Balance Sheet?

Aug 24
Does ReShape Lifesciences (NASDAQ:RSLS) Have A Healthy Balance Sheet?

Shareholder Returns

RSLSUS Medical EquipmentUS Market
7D-7.2%-1.5%-2.4%
1Y-74.6%10.0%23.4%

Return vs Industry: RSLS underperformed the US Medical Equipment industry which returned 10.1% over the past year.

Return vs Market: RSLS underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is RSLS's price volatile compared to industry and market?
RSLS volatility
RSLS Average Weekly Movement14.3%
Medical Equipment Industry Average Movement7.6%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: RSLS's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: RSLS's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
200229Paul Hickeywww.reshapelifesciences.com

ReShape Lifesciences Inc. provides products and services that manages and treat obesity and metabolic diseases in the United States, Australia, Europe, and internationally. The company’s product portfolio includes Lap-Band System, a minimally invasive long-term treatment of severe obesity and more invasive surgical stapling procedures, such as the gastric bypass or sleeve gastrectomy; Lap-Band 2.0 System, an adjustable postoperatively to increase or decrease the pressure to the band in order to optimize an individual’s comfort and therapy effectiveness; and ReShape Calibration Tubes, that fits the lesser curvature of the stomach to reach the pylorus. It is also involved in developing ReShape Obalon Balloon System, consists of a swallowable capsule that tracks and displays the location of the balloon during placement; and ReShape Diabetes Bloc-Stim Neuromodulation (DBSN) device, a technology that is in development for the treatment of type 2 diabetes mellitus.

ReShape Lifesciences Inc. Fundamentals Summary

How do ReShape Lifesciences's earnings and revenue compare to its market cap?
RSLS fundamental statistics
Market capUS$3.12m
Earnings (TTM)-US$7.07m
Revenue (TTM)US$8.18m

0.4x

P/S Ratio

-0.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RSLS income statement (TTM)
RevenueUS$8.18m
Cost of RevenueUS$2.60m
Gross ProfitUS$5.58m
Other ExpensesUS$12.65m
Earnings-US$7.07m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-9.92
Gross Margin68.19%
Net Profit Margin-86.36%
Debt/Equity Ratio0%

How did RSLS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 07:21
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

ReShape Lifesciences Inc. is covered by 8 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William PlovanicCanaccord Genuity
Matthew HewittCraig-Hallum Capital Group LLC
Jeffrey CohenLadenburg Thalmann & Company