Inspire Medical Systems Inc (NYSE: INSP) on Friday, soared 3.11% from the previous trading day, before settling in for the closing price of $145.11. Within the past 52 weeks, INSP’s price has moved between $123.00 and $291.50.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 66.60%. The company achieved an average annual earnings per share of 121.74%. With a float of $29.08 million, this company’s outstanding shares have now reached $29.56 million.
Considering the fact that the conglomerate employs 1011 people, you should pay attention to its efficiency factor.
Inspire Medical Systems Inc (INSP) Insider Activity
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Inspire Medical Systems Inc is 2.13%, while institutional ownership is 110.14%. The most recent insider transaction that took place on Jul 26 ’24, was worth 753,086. Before that another transaction happened on Apr 17 ’24, when Company’s Chief Financial Officer sold 15,000 for $230.03, making the entire transaction worth $3,450,450. This insider now owns 28,271 shares in total.
Inspire Medical Systems Inc (INSP) Earnings and Forecasts
As on 3/31/2024, Multinational firm has announced its last quarter scores, in which it reported -0.41 earnings per share (EPS) for the period topping the consensus outlook (set at -0.57) by 0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 121.74% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 64.60% during the next five years compared to 13.57% growth over the previous five years of trading.
Inspire Medical Systems Inc (NYSE: INSP) Trading Performance Indicators
Inspire Medical Systems Inc (INSP) is currently performing well based on its current performance indicators. A quick ratio of 7.25 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.73. Likewise, its price to free cash flow for the trailing twelve months is 1351.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.55, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach 0.79 in one year’s time.
Technical Analysis of Inspire Medical Systems Inc (INSP)
Compared to the last year’s volume of 0.6 million, its volume of 0.98 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 82.19%. Additionally, its Average True Range was 8.17.
During the past 100 days, Inspire Medical Systems Inc’s (INSP) raw stochastic average was set at 19.81%, which indicates a significant decrease from 83.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.50% in the past 14 days, which was lower than the 85.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $147.18, while its 200-day Moving Average is $177.58. Nevertheless, the first resistance level for the watch stands at $155.70 in the near term. At $161.76, the stock is likely to face the second major resistance level. The third major resistance level sits at $168.66. If the price goes on to break the first support level at $142.73, it is likely to go to the next support level at $135.83. Should the price break the second support level, the third support level stands at $129.76.
Inspire Medical Systems Inc (NYSE: INSP) Key Stats
Market capitalization of the company is 4.45 billion based on 29,711K outstanding shares. Right now, sales total 624,800 K and income totals -21,150 K. The company made 164,010 K in profit during its latest quarter, and -10,010 K in sales during its previous quarter.
