IRhythm Historical Valuation
| IRTC Stock | USD 75.68 2.44 3.12% |
Some fundamental drivers such as market cap or IRhythm Technologies enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze iRhythm Technologies valuation indicators such as Enterprise Value of 1.6 B to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of IRhythm Technologies's future value.
IRhythm |
About IRhythm Valuation Data Analysis
Valuation is the financial process of determining what IRhythm Technologies is worth. IRhythm Technologies valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. IRhythm Technologies valuation ratios help investors to determine whether IRhythm Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IRhythm with respect to the benefits of owning IRhythm Technologies security.
IRhythm Technologies Valuation Data Chart
Enterprise Value
Enterprise Value (or EV) is usually referred to as IRhythm Technologies theoretical takeover price. In the event of an acquisition, an acquirer would have to take on iRhythm Technologies debt, but would also pocket its cash. Enterprise Value is more accurate representation of IRhythm Technologies value than its market capitalization because it takes into account all of iRhythm Technologies existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Also Currently Popular
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iRhythm Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade IRhythm Stock refer to our How to Trade IRhythm Stock guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IRhythm Technologies. If investors know IRhythm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IRhythm Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.27) | Revenue Per Share 17.397 | Quarterly Revenue Growth 0.193 | Return On Assets (0.09) | Return On Equity (0.81) |
The market value of iRhythm Technologies is measured differently than its book value, which is the value of IRhythm that is recorded on the company's balance sheet. Investors also form their own opinion of IRhythm Technologies' value that differs from its market value or its book value, called intrinsic value, which is IRhythm Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IRhythm Technologies' market value can be influenced by many factors that don't directly affect IRhythm Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IRhythm Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if IRhythm Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IRhythm Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.