Shockwave Medical Inc
General ticker "SWAV" information:
- Sector: Health Care
- Industry: Health Care Equipment & Supplies
- Capitalization: $8.7B
Shockwave Medical Inc follows the US Stock Market performance with the rate: 38.7%.
Estimated limits based on current volatility of 0.1%: low 329.87$, high 330.57$
Factors to consider:
- Current price 35.7% above predicted high
- Earnings for 3 months up through Q1 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term predictions were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 predicted range: [130.32$, 243.08$]
- 2024-12-30 to 2025-12-30 predicted range: [136.98$, 246.38$]
Financial Metrics affecting the SWAV estimates:
- Positive: Operating Cash Flow per share of 5.34 > 3.72
- Positive: Operating Income to Revenue ratio of 0.18 > 0.17
- Positive: Non-GAAP EPS of 3.87 > 2.31
- Positive: Net Income to Assets ratio of 0.09 > 0.07
Short-term SWAV quotes
Long-term SWAV plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $237.15MM | $489.73MM | $730.23MM |
| Operating Expenses | $238.02MM | $365.60MM | $571.14MM |
| Operating Income | $-0.87MM | $124.13MM | $159.09MM |
| Non-Operating Income | $-7.96MM | $-3.31MM | $15.19MM |
| Interest Expense | $1.10MM | $1.89MM | $6.20MM |
| R&D Expense | $50.54MM | $81.68MM | $145.65MM |
| Income(Loss) | $-8.84MM | $120.83MM | $174.28MM |
| Taxes | $0.30MM | $-95.17MM | $27.00MM |
| Profit(Loss) | $-9.14MM | $216.00MM | $147.28MM |
| Stockholders Equity | $241.83MM | $511.32MM | $668.68MM |
| Assets | $345.68MM | $646.09MM | $1,566.56MM |
| Operating Cash Flow | $15.04MM | $117.73MM | $196.05MM |
| Investing Cash Flow | $26.42MM | $-62.15MM | $-625.73MM |
| Financing Cash Flow | $-2.45MM | $13.00MM | $600.40MM |
| Earnings Per Share* | $-0.26 | $6.02 | $4.01 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.