ShockWave Medical, Inc. (SWAV)

NASDAQ: SWAV · IEX Real-Time Price · USD
326.72
+4.11 (1.27%)
Mar 28, 2024, 1:16 PM EDT - Market open

Total Valuation

SWAV has a market cap or net worth of $12.06 billion. The enterprise value is $11.84 billion.

Market Cap 12.06B
Enterprise Value 11.84B

Important Dates

The next confirmed earnings date is Monday, May 6, 2024, after market close.

Earnings Date May 6, 2024
Ex-Dividend Date n/a

Share Statistics

SWAV has 37.40 million shares outstanding. The number of shares has increased by 0.86% in one year.

Shares Outstanding 37.40M
Shares Change (YoY) +0.86%
Shares Change (QoQ) +0.20%
Owned by Insiders (%) 1.29%
Owned by Institutions (%) 95.88%
Float 36.81M

Valuation Ratios

The trailing PE ratio is 85.88 and the forward PE ratio is 65.84.

PE Ratio 85.88
Forward PE 65.84
PS Ratio 16.52
Forward PS 12.86
PB Ratio 18.04
P/FCF Ratio 72.92
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 60.82, with an EV/FCF ratio of 71.56.

EV / Earnings 80.40
EV / Sales 16.22
EV / EBITDA 60.82
EV / EBIT 65.35
EV / FCF 71.56

Financial Position

The company has a current ratio of 11.76, with a Debt / Equity ratio of 1.15.

Current Ratio 11.76
Quick Ratio 10.61
Debt / Equity 1.15
Debt / EBITDA 3.94
Debt / FCF 4.64
Interest Coverage 26.24

Financial Efficiency

Return on equity (ROE) is 24.00% and return on invested capital (ROIC) is 9.36%.

Return on Equity (ROE) 24.00%
Return on Assets (ROA) 12.80%
Return on Capital (ROIC) 9.36%
Revenue Per Employee $497,432
Profits Per Employee $100,326
Employee Count 1,468
Asset Turnover 0.63
Inventory Turnover 1.04

Taxes

In the past 12 months, SWAV has paid $27.00 million in taxes.

Income Tax 27.00M
Effective Tax Rate 15.49%

Stock Price Statistics

The stock price has increased by +50.72% in the last 52 weeks. The beta is 0.90, so SWAV's price volatility has been lower than the market average.

Beta (1Y) 0.90
52-Week Price Change +50.72%
50-Day Moving Average 253.95
200-Day Moving Average 227.87
Relative Strength Index (RSI) 82.48
Average Volume (30 Days) 591,278

Short Selling Information

The latest short interest is 1.79 million, so 4.78% of the outstanding shares have been sold short.

Short Interest 1.79M
Short Previous Month 1.70M
Short % of Shares Out 4.78%
Short % of Float 4.86%
Short Ratio (days to cover) 3.40

Income Statement

In the last 12 months, SWAV had revenue of $730.23 million and earned $147.28 million in profits. Earnings per share was $3.85.

Revenue 730.23M
Gross Profit 634.84M
Operating Income 159.09M
Pretax Income 174.28M
Net Income 147.28M
EBITDA 194.70M
EBIT 181.19M
Earnings Per Share (EPS) $3.85
Full Income Statement

Balance Sheet

The company has $990.55 million in cash and $766.97 million in debt, giving a net cash position of $223.59 million or $5.98 per share.

Cash & Cash Equivalents 990.55M
Total Debt 766.97M
Net Cash 223.59M
Net Cash Per Share $5.98
Equity / Book Value 668.68M
Book Value Per Share 17.88
Working Capital 1.12B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $196.05 million and capital expenditures -$30.60 million, giving a free cash flow of $165.46 million.

Operating Cash Flow 196.05M
Capital Expenditures -30.60M
Free Cash Flow 165.46M
FCF Per Share $4.51
Full Cash Flow Statement

Margins

Gross margin is 86.94%, with operating and profit margins of 21.79% and 20.17%.

Gross Margin 86.94%
Operating Margin 21.79%
Pretax Margin 23.87%
Profit Margin 20.17%
EBITDA Margin 26.66%
EBIT Margin 24.81%
FCF Margin 22.66%

Dividends & Yields

SWAV does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.86%
Shareholder Yield -0.86%
Earnings Yield 1.22%
FCF Yield 1.37%
Dividend Details

Analyst Forecast

The average price target for SWAV is $260.08, which is -20.40% lower than the current price. The consensus rating is "Buy".

Price Target $260.08
Price Target Difference -20.40%
Analyst Consensus Buy
Analyst Count 12
Revenue Growth Forecast (5Y) 20.64%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

SWAV has an Altman Z-Score of 9.87 and a Piotroski F-Score of 6.

Altman Z-Score 9.87
Piotroski F-Score 6