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Inspire Medical Systems (INSP)
NYSE:INSP
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INSP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$123.00 - $257.40
Previous Close$208.39
Volume653.04K
Average Volume (3M)646.72K
Market Cap
$6.21B
Enterprise Value$5.80B
Total Cash (Recent Filing)$439.66M
Total Debt (Recent Filing)$24.51M
Price to Earnings (P/E)1146.9
Beta0.72
Next Earnings
Oct 29, 2024EPS Estimate
$0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.18
Shares Outstanding29,821,707
10 Day Avg. Volume662,050
30 Day Avg. Volume646,717
Standard Deviation0.16
R-Squared0.18
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)9.74
Price to Sales (P/S)8.73
Price to Cash Flow (P/CF)-19756.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.24
Enterprise Value/Gross Profit10.98
Enterprise Value/Ebitda1.09K
Forecast
1Y Price Target
$219.45Price Target Upside5.31% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Inspire Medical Systems News
Bulls Say, Bears Say
Bulls Say
FDA AuthorizationFDA authorization of wearables to detect sleep apnea could represent a potentially meaningful growth driver for INSP as awareness and demand for OSA treatment increases.
Price Target IncreaseIncreasing the price target on INSP to $197 from $167 after Apple unveiled a new sleep apnea detection feature for the Apple Watch.
Revenue GrowthINSP remains a best-in-class idea after the company delivered +30% revenue growth and remains on track to deliver upside to raised revenue/profit outlook.
Bears Say
Market PressureShares are under pressure premarket given INSP's +8-10% move since survey publication and elevated INSP to a top idea.
Product FeatureExisting Apple Watch users with older generations (prior to Series 9 and Ultra 2) will not have this feature available.
Revenue GuidanceINSP's updated revenue guidance for FY24 implies little-to-no upside for 2H24 sales vs. consensus coming into the quarter.
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Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
INSP FAQ
What was Inspire Medical Systems’s price range in the past 12 months?
Inspire Medical Systems lowest stock price was $123.00 and its highest was $257.40 in the past 12 months.
What is Inspire Medical Systems’s market cap?
Currently, no data Available
When is Inspire Medical Systems’s upcoming earnings report date?
Inspire Medical Systems’s upcoming earnings report date is Oct 29, 2024 which is in 40 days.
How were Inspire Medical Systems’s earnings last quarter?
Inspire Medical Systems released its earnings results on Aug 06, 2024. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of -$0.14 by $0.46.
Is Inspire Medical Systems overvalued?
According to Wall Street analysts Inspire Medical Systems’s price is currently Undervalued.
Does Inspire Medical Systems pay dividends?
Inspire Medical Systems does not currently pay dividends.
What is Inspire Medical Systems’s EPS estimate?
Inspire Medical Systems’s EPS estimate is $0.07.
How many shares outstanding does Inspire Medical Systems have?
Inspire Medical Systems has 29,821,707 shares outstanding.
What happened to Inspire Medical Systems’s price movement after its last earnings report?
Inspire Medical Systems reported an EPS of $0.32 in its last earnings report, beating expectations of -$0.14. Following the earnings report the stock price went up 28.141%.
Which hedge fund is a major shareholder of Inspire Medical Systems?
Among the largest hedge funds holding Inspire Medical Systems’s share is Iron Triangle Partners LP. It holds Inspire Medical Systems’s shares valued at 38M.
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Inspire Medical Systems Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$219.45 (5.31% Upside)
$219.45 (5.31% Upside)
Blogger Sentiment
Bullish
INSP Sentiment 75%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 518.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.9%
Last 30 Days ▼ 3.7%
Last 30 Days ▼ 3.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-0.81%
12-Months-Change
Fundamentals
Return on Equity
1.03%
Trailing 12-Months
Asset Growth
17.82%
Trailing 12-Months
Company Description
Inspire Medical Systems
Inspire Medical Systems, Inc. engages in the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea. It offers inspire therapy, which consists of a remote control and implantable components that includes pressure sensing lead, a neurostimulator, and a stimulation lead. The company was founded by Timothy P. Herbert in November 2007 and is headquartered in Golden Valley, MN.
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INSP Company Deck
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INSP Earnings Call
Q2 2024
0:00 / 0:00
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INSP Revenue Breakdown
97.02% U.S.
2.98% Other
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INSP Stock 12 Month Forecast
Average Price Target
$219.45
▲(5.31% Upside)
Technical Analysis
Best Analysts Covering INSP
1 Year
1 Year Success Rate
19/27 ratings generated profit
1 Year Average Return
+27.93%
assigned a buy rating last month
Copying Adam Maeder's trades and holding each position for 1 Year would result in 70.37% of your transactions generating a profit, with an average return of +27.93% per trade.
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