Ready to Jump After Recent Trade: Shockwave Medical Inc. (SWAV)

With 0.81 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.58 million shares. The 52-week range on SWAV shows that it touched its highest point at $329.08 and its lowest point at $157.00 during that stretch. It currently has a 1-year price target of $273.91. Beta for the stock currently stands at 0.91.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SWAV was up-trending over the past week, with a rise of 14.15%, but this was up by 24.03% over a month. Three-month performance surged to 70.10% while six-month performance rose 63.11%. The stock gained 51.32% in the past year, while it has gained 70.88% so far this year. A look at the trailing 12-month EPS for SWAV yields 3.86 with Next year EPS estimates of 6.17. For the next quarter, that number is 0.99. This implies an EPS growth rate of 25.86% for this year and 27.38% for next year.

Float and Shares Shorts:

At present, 36.99 million SWAV shares are outstanding with a float of 36.62 million shares on hand for trading. On Mar 15, 2024, short shares totaled 1.79 million, which was 4.78% higher than short shares on Feb 15, 2024. In addition to Mr. Douglas E. Godshall M.B.A. as the firm’s President, CEO & Director, Mr. Isaac Zacharias serves as its Chief Commercial Officer.

Institutional Ownership:

Through their ownership of 95.88% of SWAV’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SWAV since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, SWAV has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and SWAV currently yields $0.00. In the past year, SWAV’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, SWAV has a current buyback yield of $–. This was $– for the TTM, and it was $– for the past five years.