Irhythm Technologies (IRTC) vs. Its Rivals Head to Head Survey

Irhythm Technologies (NASDAQ: IRTC) is one of 104 public companies in the “Surgical & medical instruments” industry, but how does it compare to its competitors? We will compare Irhythm Technologies to related companies based on the strength of its risk, institutional ownership, valuation, earnings, dividends, analyst recommendations and profitability.

Analyst Ratings

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This is a breakdown of current recommendations for Irhythm Technologies and its competitors, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Irhythm Technologies 0 2 5 0 2.71
Irhythm Technologies Competitors 491 1884 3747 116 2.56

Irhythm Technologies presently has a consensus target price of $71.17, indicating a potential upside of 12.80%. As a group, “Surgical & medical instruments” companies have a potential upside of 8.10%. Given Irhythm Technologies’ stronger consensus rating and higher possible upside, research analysts plainly believe Irhythm Technologies is more favorable than its competitors.

Profitability

This table compares Irhythm Technologies and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Irhythm Technologies -29.87% -34.44% -22.04%
Irhythm Technologies Competitors -62.26% -47.35% -18.28%

Insider and Institutional Ownership

98.6% of Irhythm Technologies shares are held by institutional investors. Comparatively, 47.1% of shares of all “Surgical & medical instruments” companies are held by institutional investors. 23.3% of Irhythm Technologies shares are held by company insiders. Comparatively, 15.4% of shares of all “Surgical & medical instruments” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Volatility & Risk

Irhythm Technologies has a beta of 1.01, suggesting that its share price is 1% more volatile than the S&P 500. Comparatively, Irhythm Technologies’ competitors have a beta of 0.80, suggesting that their average share price is 20% less volatile than the S&P 500.

Valuation & Earnings

This table compares Irhythm Technologies and its competitors top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Irhythm Technologies $98.51 million -$29.42 million -48.53
Irhythm Technologies Competitors $1.54 billion $111.80 million -146.17

Irhythm Technologies’ competitors have higher revenue and earnings than Irhythm Technologies. Irhythm Technologies is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

Irhythm Technologies beats its competitors on 9 of the 13 factors compared.

Irhythm Technologies Company Profile

iRhythm Technologies, Inc., a digital healthcare company, provides ambulatory electrocardiogram (ECG) monitoring products for patients at risk for arrhythmias in the United States. The company offers Zio service, an ambulatory cardiac monitoring solution that combines a wire-free, patch-based, and wearable biosensor with a cloud-based data analytic platform to help physicians to monitor patients and diagnose arrhythmias. Its Zio XT monitor, a single-use, wire-free, and wearable patch-based biosensor, records patient's heartbeats and ECG data. The company was founded in 2006 and is headquartered in San Francisco, California.

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