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Shockwave Medical Inc SWAV

Morningstar Rating
$327.52 +0.02 (< 0.01%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

SWAV is trading at a 7% discount.
Price
$327.39
Fair Value
$316.26
Uncertainty
Very High
1-Star Price
$568.99
5-Star Price
$614.88
Economic Moat
Yvfvym
Capital Allocation
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News

Trading Information

Previous Close Price
$327.50
Day Range
$327.25328.48
52-Week Range
$157.00331.58
Bid/Ask
$327.00 / $328.00
Market Cap
$12.28 Bil
Volume/Avg
5 / 1.1 Mil

Key Statistics

Price/Earnings (Normalized)
84.27
Price/Sales
17.14
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Shockwave Medical Inc is a medical device company focused on developing and commercializing novel technologies that transform the care of patients with cardiovascular disease. It establishes a new standard of care for the treatment of calcified cardiovascular disease (“atherosclerosis”) through differentiated and proprietary local delivery of sonic pressure waves, which refer to as intravascular lithotripsy (“IVL”). Its IVL technology is a minimally invasive, easy-to-use, and safe way to improve outcomes for patients with calcified cardiovascular disease also IVL catheters enables delivery of IVL therapy to diseased vasculature throughout the body for calcium modification.
Sector
Healthcare
Industry
Medical Devices
Stock Style Box
Mid Growth
Total Number of Employees
1,468

Comparables

Valuation

Metric
SWAV
SIBN
ATEC
Price/Earnings (Normalized)
84.27
Price/Book Value
18.123.6822.00
Price/Sales
17.144.233.10
Price/Cash Flow
52.16
Price/Earnings
SWAV
SIBN
ATEC

Financial Strength

Metric
SWAV
SIBN
ATEC
Quick Ratio
10.618.011.86
Current Ratio
11.769.012.86
Interest Coverage
26.24−13.52−10.23
Quick Ratio
SWAV
SIBN
ATEC

Profitability

Metric
SWAV
SIBN
ATEC
Return on Assets (Normalized)
19.87%−8.97%−9.89%
Return on Equity (Normalized)
35.18%−12.61%
Return on Invested Capital (Normalized)
22.54%−11.78%−9.94%
Return on Assets
SWAV
SIBN
ATEC
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