SWAV - ShockWave Medical, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
33.16
+0.04 (+0.12%)
As of 9:57AM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close33.12
Open33.14
Bid32.43 x 900
Ask32.71 x 1000
Day's Range32.43 - 33.52
52 Week Range24.58 - 68.39
Volume35,909
Avg. Volume430,984
Market Cap929.319M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-4.37
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est51.75
Trade prices are not sourced from all markets
  • Is Failure in Store for the WeWork IPO?
    InvestorPlace

    Is Failure in Store for the WeWork IPO?

    WeWork parent The We Company has delayed the office-sharing startup's initial public offering until the end of the year. It now either won't come to the public market at all, or come at such a low valuation its venture backers will take a loss. This isn't terribly unusual for 2019.Source: Mitch Hutchinson / Shutterstock.com So far in 2019 there have been 94 IPOs, and 38 of them have shown negative returns.The big winners, like CrowdStrike Holdings (NASDAQ:CRWD), Beyond Meat (NASDAQ:BYND) and Zoom Video Telecommunications (NASDAQ:ZM), have generally come to the market prepared to make a profit. There have also been big medical winners with market caps near $1 billion, like ShockWave Medical (NASDAQ:SWAV) and Turning Point Therapeutics (NASDAQ:TPTX). Most IPOs are still hits -- but the batting average is declining like an aging slugger's.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWeWork is distinguished by the same flaws as Uber (NYSE:UBER) stock and Lyft (NASDAQ:LYFT) stock. It's not making money, even at scale, and current investors are looking at you for a bailout. The WeWork ProblemWeWork's model is to buy lots of office space, fix it up, then sell it at retail in the form of "memberships." As I wrote in August, it's more like LA Fitness than Cloudflare (NYSE:NET), which went public Sept. 13 and is already showing a 25% return. * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars Worse, WeWork's business model is not unique. IWG (OTCMKTS:IWGFF), founded in Belgium back in 1989, has been operating in low-cost suburban office parks for years. It came public at the end of 2016 and only proved itself this year. IWGFF stock is up 92% year-to-date.The difference is that IWG has a market cap of $4.8 billion. WeWork was initially seeking a market cap of $47 billion. Worse, WeWork needs the $3 billion it was trying to raise in order to secure the $6 billion line of credit in order to keep operating.The business model is based on a myth of young workers with startups signing up for prestige "co-working spaces" dressed up with amenities they like. In fact, WeWork has mainly signed up established tech companies seeking contingency space like Salesforce (NYSE:CRM), Cisco (NASDAQ:CSCO) and Facebook (NASDAQ:FB). It's expansion insurance. CEO Adam NeumannMeanwhile t-shirted CEO Adam Neumann has come off as something of a fraud. He isn't a dweeby kid. He's a 40-year old Israeli military veteran who spent big money before earning a dime for shareholders. He tried to score $5.9 million from his own company for trademarking the word "We." This is also a mom-and-pop operation; co-founder Miguel McKelvey gets only six mentions in the U.S. Securities and Exchange Commission Form S-1, against 20 mentions for Neumann's wife Rebekah.While portraying a handsome young family man on TV, Neumann also created a fraternity culture that drew a sexual harassment suit last year.Worse, it's clear the business model is not yet working. WeWork lost $1.9 billion in 2018, then another $904 million for the first six months of 2019, on revenue of $1.5 billion. The Bottom Line on the WeWork IPOThe real loser is SoftBank (OTCMKTS:SFTBF) and its Vision Fund. It brought $100 billion to the party in order control the technology of the future -- and it's trying to raise another $100 billion. SoftBank founder Masayoshi Son runs the fund, but the money is mostly from sovereign wealth funds in Saudi Arabia and the United Arab Emirates.Son's losers, in addition to WeWork, include Uber, Sprint (NYSE:S) and Slack (NYSE:WORK), which is down more than 30% after coming public in June. Son has called his Vision Fund the ultimate disruptor, but it may be Son who turns out to be the greater fool.Dana Blankenhorn is a financial and technology journalist. He is the author of the mystery thriller, The Reluctant Detective Finds Her Family, available at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars * 5 Stocks to Buy With Great Charts * 5 Goldman Sachs Stocks to Buy with Over 20% Upside Potential The post Is Failure in Store for the WeWork IPO? appeared first on InvestorPlace.

  • Is ShockWave Medical (NASDAQ:SWAV) Using Debt In A Risky Way?
    Simply Wall St.

    Is ShockWave Medical (NASDAQ:SWAV) Using Debt In A Risky Way?

    Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

  • GuruFocus.com

    Shockwave Medical Inc (SWAV) CFO Dan Puckett Sold $2.6 million of Shares

    CFO of Shockwave Medical Inc (30-Year Financial, Insider Trades) Dan Puckett (insider trades) sold 75,000 shares of SWAV on 09/09/2019 at an average price of $34.71 a share. Continue reading...

  • Why Abiomed Stock Plunged 31% in August
    Motley Fool

    Why Abiomed Stock Plunged 31% in August

    The maker of temporary heart pumps lowered its full-year revenue guidance.

  • These 11 Bay Area companies are in this fall's IPO pipeline
    American City Business Journals

    These 11 Bay Area companies are in this fall's IPO pipeline

    Four Bay Area IPOs are scheduled to happen in the next two weeks and seven more are expected by year's end. Here's a look at all of them.

  • Why ShockWave Medical Shares Are Tanking Today
    Motley Fool

    Why ShockWave Medical Shares Are Tanking Today

    Though the company delivered positive news, so what could explain its stock price tumble?

  • GlobeNewswire

    Shockwave Receives FDA Breakthrough Device Designation for the Coronary IVL System

    SANTA CLARA, Calif., Sept. 03, 2019 -- Shockwave Medical, Inc., a pioneer in the development and commercialization of Intravascular Lithotripsy (IVL) to treat complex calcified.

  • 3 Healthcare Stocks That Have a Killer Advantage
    Motley Fool

    3 Healthcare Stocks That Have a Killer Advantage

    These healthcare winners have such strong competitive advantages that their theme song could be MC Hammer's "U Can't Touch This."

  • Motley Fool

    ShockWave Medical and Guardant Health Are Posting Explosive Growth

    These two med-tech stocks raised guidance after posting blowout quarterly results.

  • Uber, Lyft Are 2019 US IPOs Most Favored by Mutual Funds
    Investopedia

    Uber, Lyft Are 2019 US IPOs Most Favored by Mutual Funds

    A frenzy of unicorn tech companies hit the public market this year, attracting investors willing to bet big on the industry. While some of the most popular IPOs of 2019, like ride hailing competitors Uber Technologies Inc.

  • Motley Fool

    Winners and Losers in Healthcare This Quarter

    ShockWave and Guardant reported fantastic things, while Abiomed and Inogen dropped precipitously on some scary updates.

  • 3 Top Growth Stocks to Buy in the Final Month of Summer
    Motley Fool

    3 Top Growth Stocks to Buy in the Final Month of Summer

    The dog days of summer are finally behind us (on the calendar, anyway), but these three stocks offer sizzling growth potential.

  • GlobeNewswire

    Shockwave Medical to Participate in Upcoming Investor Conferences

    SANTA CLARA, Calif. , Aug. 21, 2019 -- Shockwave Medical, Inc. (Nasdaq: SWAV), a pioneer in the development and commercialization of Intravascular Lithotripsy (IVL) to treat.

  • ShockWave Medical Boosts Guidance After Another Strong Quarter
    Motley Fool

    ShockWave Medical Boosts Guidance After Another Strong Quarter

    The cardiovascular disease specialist continues to grow its top line at a breakneck speed.

  • ShockWave Medical, Inc. (SWAV) Q2 2019 Earnings Call Transcript
    Motley Fool

    ShockWave Medical, Inc. (SWAV) Q2 2019 Earnings Call Transcript

    SWAV earnings call for the period ending June 30, 2019.

  • GlobeNewswire

    Shockwave Medical Reports Second Quarter 2019 Financial Results

    SANTA CLARA, Calif., Aug. 05, 2019 -- Shockwave Medical, Inc. (Nasdaq: SWAV), a pioneer in the development and commercialization of Intravascular Lithotripsy (IVL) to treat.

  • 5 Top Medical Device Stocks to Buy Now
    Motley Fool

    5 Top Medical Device Stocks to Buy Now

    These medical device stocks appear to have what it takes to be long-term winners.

  • InvestorPlace

    6 Upcoming IPOs for July

    It's turning out to be a standout year for IPOs. Granted, there have been some duds, including deals that have lost more than half their value. But this is the case with any IPO market, as these deals can be fairly risky.Yet for 2019 we have seen mega deals -- such as Uber (NYSE:UBER) -- as well as a myriad of huge gainers like Beyond Meat (NASDAQ:BYND), Zoom Video Communications (NASDAQ:ZM) and Shockwave Medical (NASDAQ:SWAV).OK then, for those interested in this part of the market, how do you track upcoming IPOs? Well, we are going to help out. At InvestorPlace.com, we are launching a new monthly column on IPOs to watch. It will be a convenient way to get a sense of what to expect.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Buy From This Superstar Fund As for this month, there are six interesting upcoming IPOs. So let's take a look at each: Upcoming IPOs: Health CatalystSource: Shutterstock Health Catalyst is focused on significantly reducing the waste and inefficiencies in the healthcare system. To do this, the company has built a sophisticated platform that ingests large amounts of data and leverages analytics and machine learning. Health Catalysts also has a team of domain experts and data scientists that help customers to successfully implement and use the technology.Last year, total revenues went from $73.1 million to $112.6 million. There are currently 126 customers, including Allina Health, Children's Hospital of Orange County, Community Health Network and UPMC.The Health Catalyst platform has resulted in major savings for customers. For example, in the case of Allina Health, they have realized up to $125 million in a given year.Regarding the Health Catalyst IPO, the company plans to issue 6 million shares at a range of $20 to $23 and the lead underwriters include Goldman Sachs (NYSE:GS), JPMorgan (NYSE:JPM) and William Blair. The company will list on the Nasdaq under the symbol HCAT. Livongo HealthSource: Shutterstock Unfortunately, in 2014 about 147 million adults in the U.S. suffered from one chronic condition -- and 40% of those had two or more. And the trend is only getting worse.But Livongo Health is working on innovative approaches to deal with the challenges and problems. At first, the company started with diabetes (which affects more than 30 million Americans) by offering a cellular-connected meter that tests materials, provides real-time coaching and offers 24/7 monitoring. From here, Livongo Health has gone onto other categories like hypertension, prediabetes and weight management. The diabetes business remains the largest, however, with 192,000 members.What's more, growth has certainly been robust. Last year, revenues spiked by 112% to $68.4 million. * 7 Defense Stocks to Buy to Fortify Your Portfolio For the upcoming IPO -- which will be listed on the Nasdaq under the ticker of LVGO -- Livongo Health expects to sell 10.7 million shares at a range of $24 to $26 and the lead underwriters include Morgan Stanley (NYSE:MS), Goldman Sachs and JPMorgan. ProSight GlobalSource: Shutterstock Founded in 2009, ProSight Global is a next-generation specialty insurance company. The company, which has the backing of Goldman Sachs and TPG, has built a platform that has a direct connection with its customers. This has provided a better experience and unique product offerings.Note that there are nine customer segments: Media and Entertainment, Real Estate, Professional Services, Transportation, Construction, Consumer Services, Marine, Professional Employer Organizations and Energy. Also the focus is primarily on small- and medium-sized businesses.In 2018, the company wrote $895.1 million in gross written premiums and the stockholders' equity was $389.8 million. There was also an 82.6% premium renewal retention.Regarding the ProSight Global public offering, the company expects to sell 8.8 million shares at a range of $16 to $18 and the lead underwriters include Goldman Sachs, Barclays and BofA Merrill Lynch (NYSE:BAC). The company expects to list its shares on the NYSE under the symbol of PROS. Sunnova Energy InternationalSource: Shutterstock Sunnova Energy International is a residential solar and energy storage service provider. According to the company, a main differentiation is that it relies on local dealers to originate, design and install the systems. There are more than 63,000 customers in the U.S., with about 455 megawatts of generation capacity.The company is relatively young, having been founded in 2013. And yes, growth has been strong as revenues last year jumped by 37% to $104 million. Yet losses remain high at $74.2 million. * 10 Tech Stocks That Are Still Worth Your Time (And Money) The company's shares will be listed on the NYSE under the symbol of NOVA. The expectation is to offer 17.6 million shares at a range of $16 to $18. As for the underwriters, they include BofA Merrill Lynch, JPMorgan, Goldman Sachs and Credit Suisse (NYSE:CS). Vista Oil & GasSource: Shutterstock Vista Oil & Gas is engaged mostly in the exploration and production of oil and gas. The company also has operations across two countries: Argentina and Mexico. In fact, Vista Oil & Gas is a public company in Mexico.For this year, the plan is to drill with a total of 34 wells. There will also be continued heavy investments, up to $300 million, so as to obtain a target production of 65,000 barrels of oil equivalent per day by 2022.Regarding the IPO, it will involve the issuance of 10 million shares at $9.46 (the security will be an American depositary share) and the shares will be listed on the NYSE under the symbol VIST. The lead underwriters are: Citi (NYSE:C), Credit Suisse, Itau BBA, Morgan Stanley and Santander. Wanda Sports GroupSource: Shutterstock Wanda Sports Group operates an events, media and marketing business in China. For example, the company is the largest operator of events for triathlons, mountain biking and running. It has also been investing aggressively in digital technologies, such as to capitalize on its rich trove of data.From 2016 to 2018, revenues have increased from €877.2 million to €1.1 billion. There was also a €54.0 million profit last year.Consider that the global sports media and events market is expected to grow at a respectable pace, from €179 billion in 2018 to €224 billion in 2022. Although, the growth tends to be higher on even years due to the FIFA World Cup, the UEFA EURO football events and the Olympic Games. * 7 Stocks Top Investors Are Buying Now The shares of the Wanda Sports Group are expected to list on the Nasdaq under the symbol WSG. The plan is to sell 33.3 million ADSs at a range of $12 to $15. What's more, the lead underwriters include Morgan Stanley, Deutsche Bank (NYSE:DB) and Citi. What Is an IPO?Source: Shutterstock For many people, IPOs are kind of a mystery. After all, it does seem kind of strange for a company's stock to zoom on the first day of trading, right?Definitely.So here's a quick explanation of IPOs. An IPO is when a company issues its shares to the public on an exchange, such as the Nasdaq or NYSE. Often this process results in raising a large amount of money, say over $100 million.Getting to this point is not easy. A company needs to have audited books, a strong financial infrastructure and an experienced management team. There will also need to be advisors -- called investment bankers or underwriters -- who will provide the guidance through the process. This involves putting together a disclosure document, called an S-1 (which you can download at sec.gov), and having a roadshow, in which management makes presentations to investors.The advisors will generally undervalue the shares, allowing for the pop. It's a way to reward investors. Yet these investors are usually institutions, hedge funds and wealthy people.Yes, it's kind of unfair, but the system has seen little change over the decades. Despite this, individual investors have still made lots of money from IPOs -- such as from Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) and Facebook (NASDAQ:FB) - regardless if they got the shares at the offering price.Tom Taulli is the author of the upcoming book, Artificial Intelligence Basics: A Non-Technical Introduction. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy From This Superstar Fund * 7 Stocks to Buy This Summer Earnings Season * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk The post 6 Upcoming IPOs for July appeared first on InvestorPlace.

  • GlobeNewswire

    Shockwave Medical to Report Second Quarter 2019 Financial Results on August 5, 2019

    SANTA CLARA, Calif., July 23, 2019 -- Shockwave Medical, Inc. (Nasdaq: SWAV), a pioneer in the development and commercialization of Intravascular Lithotripsy (IVL) to treat.

  • GlobeNewswire

    Shockwave Medical to Participate in the 39th Annual Canaccord Genuity Global Growth Conference

    SANTA CLARA, Calif., July 23, 2019 -- Shockwave Medical, Inc. (Nasdaq: SWAV), a pioneer in the development and commercialization of Intravascular Lithotripsy (IVL) to treat.

  • How to Invest in Medical Device Stocks
    Motley Fool

    How to Invest in Medical Device Stocks

    Here are seven simple steps to follow when considering investing in the fast-growing medical device industry.

  • Skeptics say CrowdStrike is ‘priced to perfection,’ but stock soars again
    American City Business Journals

    Skeptics say CrowdStrike is ‘priced to perfection,’ but stock soars again

    The Sunnyvale company's stock hit a new high Friday with a double-digit jump a day after it posted some pleasant surprises in its first quarterly report as a public company.

  • IPO Stocks: Big Sales Growth Common Bond Among Top-Performing New Issues
    Investor's Business Daily

    IPO Stocks: Big Sales Growth Common Bond Among Top-Performing New Issues

    Several IPO stocks have been on a tear lately as innovative products fuel booming sales. Most aren't profitable, but Wall Street doesn't seem to mind.

  • 3 Top Stocks That Aren't On Wall Street's Radar
    Motley Fool

    3 Top Stocks That Aren't On Wall Street's Radar

    Wall Street might be overlooking these intriguing investing opportunities.

  • Hedge Funds Have Never Been This Bullish On ShockWave Medical, Inc. (SWAV)
    Insider Monkey

    Hedge Funds Have Never Been This Bullish On ShockWave Medical, Inc. (SWAV)

    Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged during the first quarter. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 40% and 25% respectively. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted […]