Inspire Medical Systems Inc (NYSE: INSP) kicked off on Friday, down -1.97% from the previous trading day, before settling in for the closing price of $183.44. Over the past 52 weeks, INSP has traded in a range of $123.00-$257.40.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 66.60%. While this was happening, its average annual earnings per share was recorded 203.56%. With a float of $29.23 million, this company’s outstanding shares have now reached $29.56 million.
Let’s determine the extent of company efficiency that accounts for 1011 employees. In terms of profitability, gross margin is 84.83%, operating margin of -2.03%, and the pretax margin is 1.21%.
Inspire Medical Systems Inc (INSP) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Medical Devices Industry. The insider ownership of Inspire Medical Systems Inc is 1.97%, while institutional ownership is 107.82%. The most recent insider transaction that took place on Aug 22 ’24, was worth 949,143. In this transaction Chief Technology Officer of this company sold 5,000 shares at a rate of $189.83, taking the stock ownership to the 11,379 shares. Before that another transaction happened on Aug 22 ’24, when Company’s Officer proposed sale 5,000 for $189.82, making the entire transaction worth $949,100.
Inspire Medical Systems Inc (INSP) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.29 earnings per share (EPS), higher than consensus estimate (set at -0.58) by 0.29. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.66 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 203.56% per share during the next fiscal year.
Inspire Medical Systems Inc (NYSE: INSP) Trading Performance Indicators
Take a look at Inspire Medical Systems Inc’s (INSP) current performance indicators. Last quarter, stock had a quick ratio of 8.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.18, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 1.39 in one year’s time.
Technical Analysis of Inspire Medical Systems Inc (INSP)
Looking closely at Inspire Medical Systems Inc (NYSE: INSP), its last 5-days average volume was 0.34 million, which is a drop from its year-to-date volume of 0.59 million. As of the previous 9 days, the stock’s Stochastic %D was 7.22%. Additionally, its Average True Range was 7.71.
During the past 100 days, Inspire Medical Systems Inc’s (INSP) raw stochastic average was set at 42.28%, which indicates a significant increase from 9.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.33% in the past 14 days, which was lower than the 93.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $157.09, while its 200-day Moving Average is $181.02. However, in the short run, Inspire Medical Systems Inc’s stock first resistance to watch stands at $183.86. Second resistance stands at $187.90. The third major resistance level sits at $190.99. If the price goes on to break the first support level at $176.73, it is likely to go to the next support level at $173.64. Should the price break the second support level, the third support level stands at $169.60.
Inspire Medical Systems Inc (NYSE: INSP) Key Stats
The company with the Market Capitalisation of 5.36 billion has total of 29,711K Shares Outstanding. Its annual sales at the moment are 624,800 K in contrast with the sum of -21,150 K annual income. Company’s last quarter sales were recorded 195,890 K and last quarter income was 9,790 K.
