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Shockwave Medical NasdaqGS:SWAV Stock Report

Last Price

US$334.75

Market Cap

US$12.6b

7D

0.2%

1Y

15.8%

Updated

31 May, 2024

Data

Company Financials +

Shockwave Medical, Inc.

NasdaqGS:SWAV Stock Report

Market Cap: US$12.6b

SWAV Stock Overview

A medical device company, develops and commercializes intravascular lithotripsy (IVL) technology for the treatment of calcified plaque in patients with peripheral and coronary vascular, and heart valve diseases in the United States and internationally. More details

SWAV fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance3/6
Financial Health5/6
Dividends0/6

Shockwave Medical, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shockwave Medical
Historical stock prices
Current Share PriceUS$334.75
52 Week HighUS$334.90
52 Week LowUS$157.00
Beta0.88
11 Month Change1.49%
3 Month Change27.08%
1 Year Change15.77%
33 Year Change97.43%
5 Year Change432.11%
Change since IPO997.54%

Recent News & Updates

Recent updates

Shockwave Medical, Inc.'s (NASDAQ:SWAV) 28% Jump Shows Its Popularity With Investors

Apr 06
Shockwave Medical, Inc.'s (NASDAQ:SWAV) 28% Jump Shows Its Popularity With Investors

Is Now An Opportune Moment To Examine Shockwave Medical, Inc. (NASDAQ:SWAV)?

Mar 24
Is Now An Opportune Moment To Examine Shockwave Medical, Inc. (NASDAQ:SWAV)?

Shockwave Medical: Opening Arteries, Delivering Returns

Feb 28

Shockwave Medical, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Feb 18
Shockwave Medical, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

There's Been No Shortage Of Growth Recently For Shockwave Medical's (NASDAQ:SWAV) Returns On Capital

Feb 06
There's Been No Shortage Of Growth Recently For Shockwave Medical's (NASDAQ:SWAV) Returns On Capital

Calculating The Fair Value Of Shockwave Medical, Inc. (NASDAQ:SWAV)

Jan 24
Calculating The Fair Value Of Shockwave Medical, Inc. (NASDAQ:SWAV)

Some Shareholders Feeling Restless Over Shockwave Medical, Inc.'s (NASDAQ:SWAV) P/E Ratio

Jan 09
Some Shareholders Feeling Restless Over Shockwave Medical, Inc.'s (NASDAQ:SWAV) P/E Ratio

Is Shockwave Medical (NASDAQ:SWAV) A Risky Investment?

Dec 27
Is Shockwave Medical (NASDAQ:SWAV) A Risky Investment?

Do Shockwave Medical's (NASDAQ:SWAV) Earnings Warrant Your Attention?

Dec 13
Do Shockwave Medical's (NASDAQ:SWAV) Earnings Warrant Your Attention?

What Is Shockwave Medical, Inc.'s (NASDAQ:SWAV) Share Price Doing?

Nov 17
What Is Shockwave Medical, Inc.'s (NASDAQ:SWAV) Share Price Doing?

Is Shockwave Medical, Inc. (NASDAQ:SWAV) Trading At A 50% Discount?

Oct 19
Is Shockwave Medical, Inc. (NASDAQ:SWAV) Trading At A 50% Discount?

Shockwave Medical (NASDAQ:SWAV) Is Very Good At Capital Allocation

Oct 06
Shockwave Medical (NASDAQ:SWAV) Is Very Good At Capital Allocation

Shockwave Medical (NASDAQ:SWAV) Has A Rock Solid Balance Sheet

Sep 20
Shockwave Medical (NASDAQ:SWAV) Has A Rock Solid Balance Sheet

Do Shockwave Medical's (NASDAQ:SWAV) Earnings Warrant Your Attention?

Sep 07
Do Shockwave Medical's (NASDAQ:SWAV) Earnings Warrant Your Attention?

When Should You Buy Shockwave Medical, Inc. (NASDAQ:SWAV)?

Jul 10
When Should You Buy Shockwave Medical, Inc. (NASDAQ:SWAV)?

We Think Shockwave Medical (NASDAQ:SWAV) Might Have The DNA Of A Multi-Bagger

Jun 26
We Think Shockwave Medical (NASDAQ:SWAV) Might Have The DNA Of A Multi-Bagger

We Think Shockwave Medical (NASDAQ:SWAV) Can Manage Its Debt With Ease

Jun 13
We Think Shockwave Medical (NASDAQ:SWAV) Can Manage Its Debt With Ease

Is Now The Time To Put Shockwave Medical (NASDAQ:SWAV) On Your Watchlist?

May 29
Is Now The Time To Put Shockwave Medical (NASDAQ:SWAV) On Your Watchlist?

Shareholder Returns

SWAVUS Medical EquipmentUS Market
7D0.2%-0.7%-2.1%
1Y15.8%22.5%29.7%

Return vs Industry: SWAV exceeded the US Medical Equipment industry which returned 3.8% over the past year.

Return vs Market: SWAV underperformed the US Market which returned 25.2% over the past year.

Price Volatility

Is SWAV's price volatile compared to industry and market?
SWAV volatility
SWAV Average Weekly Movement3.6%
Medical Equipment Industry Average Movement8.0%
Market Average Movement6.2%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: SWAV has not had significant price volatility in the past 3 months.

Volatility Over Time: SWAV's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20091,468Doug Godshallshockwavemedical.com

Shockwave Medical, Inc., a medical device company, develops and commercializes intravascular lithotripsy (IVL) technology for the treatment of calcified plaque in patients with peripheral and coronary vascular, and heart valve diseases in the United States and internationally. The company offers products for the treatment of peripheral artery disease (PAD), including M5 IVL catheter and M5+ IVL catheter, which are five-emitter catheters used in IVL system in medium-diameter vessels; S4 IVL catheter, a four-emitter catheter for use in IVL system in small-diameter vessels; and L6 IVL catheter, a six-emitter catheter used for IVL System in large diameter vessels. It also provides product for the treatment of coronary artery disease, such as C2 IVL catheter and C2+IVL catheter that are two-emitter catheters for use in IVL system; and Reducer, a device to treat refractory angina.

Shockwave Medical, Inc. Fundamentals Summary

How do Shockwave Medical's earnings and revenue compare to its market cap?
SWAV fundamental statistics
Market capUS$12.57b
Earnings (TTM)US$163.50m
Revenue (TTM)US$787.97m

76.9x

P/E Ratio

15.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SWAV income statement (TTM)
RevenueUS$787.97m
Cost of RevenueUS$102.53m
Gross ProfitUS$685.44m
Other ExpensesUS$521.94m
EarningsUS$163.50m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 05, 2024

Earnings per share (EPS)4.35
Gross Margin86.99%
Net Profit Margin20.75%
Debt/Equity Ratio97.5%

How did SWAV perform over the long term?

See historical performance and comparison