Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Inspire Medical Systems Inc (NYSE: INSP) was $185.42 for the day, down -0.83% from the previous closing price of $186.97. In other words, the price has decreased by -$0.83 from its previous closing price. On the day, 0.65 million shares were traded. INSP stock price reached its highest trading level at $189.74 during the session, while it also had its lowest trading level at $181.845.
Ratios:
Our analysis of INSP’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 145.46. For the most recent quarter (mrq), Quick Ratio is recorded 6.94 and its Current Ratio is at 7.84. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on November 20, 2024, Upgraded its rating to Buy and sets its target price to $255 from $220 previously.
On May 08, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $265 to $225.
On April 19, 2024, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $285.RBC Capital Mkts initiated its Outperform rating on April 19, 2024, with a $285 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 01 ’24 when Rondoni John sold 8,703 shares for $193.47 per share. The transaction valued at 1,683,731 led to the insider holds 11,348 shares of the business.
JOHN RONDONI bought 8,703 shares of INSP for $1,683,723 on Nov 01 ’24. On Sep 11 ’24, another insider, Ebeling Philip, who serves as the Officer of the company, bought 5,453 shares for $247.28 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INSP now has a Market Capitalization of 5556462592 and an Enterprise Value of 5170805248. As of this moment, Inspire’s Price-to-Earnings (P/E) ratio for their current fiscal year is 172.28, and their Forward P/E ratio for the next fiscal year is 94.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.35 while its Price-to-Book (P/B) ratio in mrq is 7.98. Its current Enterprise Value per Revenue stands at 6.843 whereas that against EBITDA is 281.251.
Stock Price History:
Over the past 52 weeks, INSP has reached a high of $257.40, while it has fallen to a 52-week low of $123.00. The 50-Day Moving Average of the stock is -3.94%, while the 200-Day Moving Average is calculated to be -0.74%.
Shares Statistics:
INSP traded an average of 560.02K shares per day over the past three months and 424100 shares per day over the past ten days. A total of 29.96M shares are outstanding, with a floating share count of 29.40M. Insiders hold about 1.91% of the company’s shares, while institutions hold 111.41% stake in the company. Shares short for INSP as of 1732838400 were 1995770 with a Short Ratio of 3.56, compared to 1730332800 on 1954237. Therefore, it implies a Short% of Shares Outstanding of 1995770 and a Short% of Float of 7.64.
