NASDAQ:IRMD - Iradimed Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$25.74 +0.34 (+1.34 %)
(As of 12/10/2018 12:31 PM ET)
Previous Close$25.40
Today's Range$25.43 - $26.38
52-Week Range$12.51 - $38.78
Volume13,973 shs
Average Volume95,395 shs
Market Capitalization$277.73 million
P/E Ratio323.38
Dividend YieldN/A
Beta1.92
IRadimed Corp. engages in the development, manufacture, marketing, and distribution of Magnetic Resonance Imaging (MRI) compatible medical devices and accessories and services. It also provides non-magnetic Intravenous (IV) infusion pump system that is specifically designed for use during MRI procedures. The company was founded by Roger Susi in July 1992 and is headquartered in Winter Springs, FL.

Receive IRMD News and Ratings via Email

Sign-up to receive the latest news and ratings for IRMD and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:IRMD
Previous Symbol
CUSIPN/A
Phone407-677-8022

Debt

Debt-to-Equity RatioN/A
Current Ratio8.91
Quick Ratio8.01

Price-To-Earnings

Trailing P/E Ratio323.38
Forward P/E Ratio66.00
P/E GrowthN/A

Sales & Book Value

Annual Sales$23.08 million
Price / Sales12.19
Cash Flow$0.2183 per share
Price / Cash Flow117.90
Book Value$3.12 per share
Price / Book8.25

Profitability

EPS (Most Recent Fiscal Year)$0.08
Net Income$490,000.00
Net Margins16.59%
Return on Equity11.72%
Return on Assets9.95%

Miscellaneous

Employees83
Outstanding Shares10,930,000
Market Cap$277.73 million
OptionableNot Optionable

Iradimed (NASDAQ:IRMD) Frequently Asked Questions

What is Iradimed's stock symbol?

Iradimed trades on the NASDAQ under the ticker symbol "IRMD."

How will Iradimed's stock buyback program work?

Iradimed announced that its Board of Directors has approved a stock repurchase program on Sunday, June 4th 2017, which authorizes the company to repurchase $8,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

How were Iradimed's earnings last quarter?

Iradimed Corp (NASDAQ:IRMD) released its quarterly earnings data on Tuesday, October, 30th. The medical equipment provider reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.04. The medical equipment provider had revenue of $7.62 million for the quarter, compared to the consensus estimate of $7.43 million. Iradimed had a return on equity of 11.72% and a net margin of 16.59%. View Iradimed's Earnings History.

When is Iradimed's next earnings date?

Iradimed is scheduled to release their next quarterly earnings announcement on Tuesday, February 5th 2019. View Earnings Estimates for Iradimed.

What guidance has Iradimed issued on next quarter's earnings?

Iradimed issued an update on its FY 2018 earnings guidance on Tuesday, October, 30th. The company provided earnings per share (EPS) guidance of $0.50-0.51 for the period, compared to the Thomson Reuters consensus estimate of $0.47. The company issued revenue guidance of $30-30.2 million, compared to the consensus revenue estimate of $30.23 million.Iradimed also updated its Q4 2018 guidance to $0.12-0.13 EPS.

What price target have analysts set for IRMD?

1 brokers have issued 1 year price objectives for Iradimed's stock. Their predictions range from $35.00 to $35.00. On average, they anticipate Iradimed's share price to reach $35.00 in the next year. This suggests a possible upside of 36.0% from the stock's current price. View Analyst Price Targets for Iradimed.

What is the consensus analysts' recommendation for Iradimed?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Iradimed in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Iradimed.

Has Iradimed been receiving favorable news coverage?

Headlines about IRMD stock have been trending very positive recently, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Iradimed earned a news impact score of 3.9 on InfoTrie's scale. They also assigned news coverage about the medical equipment provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near future.

Are investors shorting Iradimed?

Iradimed saw a decrease in short interest in October. As of October 31st, there was short interest totalling 474,967 shares, a decrease of 31.7% from the October 15th total of 695,779 shares. Based on an average daily trading volume, of 146,238 shares, the short-interest ratio is presently 3.2 days. Currently, 10.1% of the company's shares are sold short. View Iradimed's Current Options Chain.

Who are some of Iradimed's key competitors?

Who are Iradimed's key executives?

Iradimed's management team includes the folowing people:
  • Roger Susi, Chairman, President & Chief Executive Officer
  • John McCreery, Chief Operating Officer
  • Christopher K. Scott, Chief Financial & Accounting Officer, Secretary
  • Louis Waldman, Controller
  • Brent Johnson, Executive VP-Worldwide Sales & Marketing

Who are Iradimed's major shareholders?

Iradimed's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.09%), Vanguard Group Inc. (2.29%), Renaissance Technologies LLC (1.82%), Mondrian Investment Partners LTD (1.09%), Cadence Capital Management LLC (0.68%) and EAM Investors LLC (0.57%). Company insiders that own Iradimed stock include Christopher K Scott, Francis X Casey, John K Mccreery, Louis S Waldman, Monty K Allen, Roger E Susi and Steven M Nardi. View Institutional Ownership Trends for Iradimed.

Which institutional investors are selling Iradimed stock?

IRMD stock was sold by a variety of institutional investors in the last quarter, including Cadence Capital Management LLC, Mondrian Investment Partners LTD, Russell Investments Group Ltd., Neuberger Berman Group LLC, Connors Investor Services Inc. and Macquarie Group Ltd.. Company insiders that have sold Iradimed company stock in the last year include Christopher K Scott, Francis X Casey, John K Mccreery, Louis S Waldman, Monty K Allen and Steven M Nardi. View Insider Buying and Selling for Iradimed.

Which institutional investors are buying Iradimed stock?

IRMD stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Vanguard Group Inc., EAM Global Investors LLC, EAM Investors LLC, Walthausen & Co. LLC, Caxton Associates LP and Engineers Gate Manager LP. View Insider Buying and Selling for Iradimed.

How do I buy shares of Iradimed?

Shares of IRMD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Iradimed's stock price today?

One share of IRMD stock can currently be purchased for approximately $25.74.

How big of a company is Iradimed?

Iradimed has a market capitalization of $277.73 million and generates $23.08 million in revenue each year. The medical equipment provider earns $490,000.00 in net income (profit) each year or $0.08 on an earnings per share basis. Iradimed employs 83 workers across the globe.

What is Iradimed's official website?

The official website for Iradimed is http://www.iradimed.com.

How can I contact Iradimed?

Iradimed's mailing address is 1025 Willa Springs Dr., Winter Springs FL, 32708. The medical equipment provider can be reached via phone at 407-677-8022 or via email at [email protected]


MarketBeat Community Rating for Iradimed (NASDAQ IRMD)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  162 (Vote Outperform)
Underperform Votes:  162 (Vote Underperform)
Total Votes:  324
MarketBeat's community ratings are surveys of what our community members think about Iradimed and other stocks. Vote "Outperform" if you believe IRMD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IRMD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/10/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel