The stock of iRhythm Technologies Inc (IRTC) has seen a 20.75% increase in the past week, with a 18.14% gain in the past month, and a 17.57% flourish in the past quarter. The volatility ratio for the week is 3.01%, and the volatility levels for the past 30 days are at 5.25% for IRTC. The simple moving average for the last 20 days is 23.37% for IRTC’s stock, with a simple moving average of 43.86% for the last 200 days.
Is It Worth Investing in iRhythm Technologies Inc (NASDAQ: IRTC) Right Now?
The 36-month beta value for IRTC is at 1.31. Analysts have varying views on the stock, with 8 analysts rating it as a “buy,” 3 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for IRTC is 31.10M, and currently, shorts hold a 10.03% of that float. The average trading volume for IRTC on May 02, 2025 was 419.63K shares.
IRTC) stock’s latest price update
iRhythm Technologies Inc (NASDAQ: IRTC)’s stock price has soared by 17.86 in relation to previous closing price of 108.59. Nevertheless, the company has seen a gain of 20.75% in its stock price over the last five trading days. seekingalpha.com reported 2025-05-01 that iRhythm Technologies, Inc. (NASDAQ:IRTC ) Q1 2025 Earnings Conference Call May 1, 2025 4:30 PM ET Company Participants Stephanie Zhadkevich – Director, IR Quentin Blackford – President & CEO Daniel Wilson – CFO Conference Call Participants Allen Gong – JPMorgan Kallum Titchmarsh – Morgan Stanley Macauley Kilbane – William Blair Nathan Treybeck – Wells Fargo David Rescott – Baird David Saxon – Needham & Company Suraj Kalia – Oppenheimer Jon Young – Canaccord Genuity Sam Eiber – BTIG Richard Newitter – Truist Operator Good afternoon. Thank you for attending the iRhythm Technologies, Inc. First Quarter 2025 Earnings Conference Call.
Analysts’ Opinion of IRTC
Wells Fargo, on the other hand, stated in their research note that they expect to see IRTC reach a price target of $86. The rating they have provided for IRTC stocks is “Equal Weight” according to the report published on December 03rd, 2024.
Goldman gave a rating of “Neutral” to IRTC, setting the target price at $78 in the report published on October 04th of the previous year.
IRTC Trading at 21.79% from the 50-Day Moving Average
After a stumble in the market that brought IRTC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.42% of loss for the given period.
Volatility was left at 5.25%, however, over the last 30 days, the volatility rate increased by 3.01%, as shares surge +20.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.14% upper at present.
During the last 5 trading sessions, IRTC rose by +20.28%, which changed the moving average for the period of 200-days by +21.46% in comparison to the 20-day moving average, which settled at $103.71. In addition, iRhythm Technologies Inc saw 41.93% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IRTC starting from Blackford Quentin S., who sale 8,145 shares at the price of $108.77 back on Mar 03 ’25. After this action, Blackford Quentin S. now owns 208,741 shares of iRhythm Technologies Inc, valued at $885,932 using the latest closing price.
Rosenbaum Marc W., the Chief Accounting Officer of iRhythm Technologies Inc, sale 314 shares at $108.77 during a trade that took place back on Mar 03 ’25, which means that Rosenbaum Marc W. is holding 11,507 shares at $34,154 based on the most recent closing price.
Stock Fundamentals for IRTC
Current profitability levels for the company are sitting at:
- -0.18 for the present operating margin
- 0.69 for the gross margin
The net margin for iRhythm Technologies Inc stands at -0.16. The total capital return value is set at -0.13. Equity return is now at value -75.27, with -16.60 for asset returns.
Based on iRhythm Technologies Inc (IRTC), the company’s capital structure generated 0.89 points at debt to capital in total, while cash flow to debt ratio is standing at 0.06. The debt to equity ratio resting at 8.49. The interest coverage ratio of the stock is -16.44.
Currently, EBITDA for the company is -74.13 million with net debt to EBITDA at -5.13. When we switch over and look at the enterprise to sales, we see a ratio of 7.17. The receivables turnover for the company is 7.67for trailing twelve months and the total asset turnover is 0.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.82.
Conclusion
In conclusion, iRhythm Technologies Inc (IRTC) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
