NASDAQ:IRMDIradimed Stock Price, Forecast & News

Iradimed's stock was trading at $22.51 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, IRMD stock has increased by 3.2% and is now trading at $23.24. View which stocks have been most impacted by Coronavirus.

Iradimed is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Iradimed.

Iradimed Corp (NASDAQ:IRMD) issued its quarterly earnings results on Thursday, April, 30th. The medical equipment provider reported $0.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.15 by $0.03. The medical equipment provider earned $8.68 million during the quarter, compared to analyst estimates of $8.72 million. Iradimed had a net margin of 24.65% and a return on equity of 17.99%. View Iradimed's earnings history.

Iradimed updated its first quarter 2020 IntraDay earnings guidance on Tuesday, April, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $8.6-8.7 million, compared to the consensus revenue estimate of $10.61 million.

0 Wall Street analysts have issued 12 month target prices for Iradimed's shares. Their forecasts range from $30.00 to $30.00. On average, they expect Iradimed's share price to reach $30.00 in the next year. This suggests a possible upside of 29.1% from the stock's current price. View analysts' price targets for Iradimed.

Headlines about IRMD stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Iradimed earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave media coverage about the medical equipment provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutIradimed.

Iradimed saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 468,000 shares, an increase of 7.6% from the April 15th total of 434,900 shares. Based on an average daily trading volume, of 48,100 shares, the short-interest ratio is presently 9.7 days. Approximately 7.9% of the company's stock are sold short. View Iradimed's Current Options Chain.

Some companies that are related to Iradimed include Cerus (CERS), Tactile Systems Technology (TCMD), Cryolife (CRY), Orthopediatrics (KIDS), OraSure Technologies (OSUR), Orthofix Medical (OFIX), GenMark Diagnostics (GNMK), Vapotherm (VAPO), LeMaitre Vascular (LMAT), SI-Bone (SIBN), SurModics (SRDX), Anika Therapeutics (ANIK), Antares Pharma (ATRS), Co-Diagnostics (CODX) and Repro Med Systems (KRMD). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Iradimed investors own include NVIDIA (NVDA), Gilead Sciences (GILD), Alphabet (GOOG), Micron Technology (MU), Paypal (PYPL), Crispr Therapeutics (CRSP), IntriCon (IIN), Mastercard (MA), NovaBay Pharmaceuticals (NBY) and NovaBay Pharmaceuticals (NBY).

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

Iradimed's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.02%), Russell Investments Group Ltd. (2.57%), Nine Ten Capital Management LLC (2.30%), Ranger Investment Management L.P. (1.95%), Soleus Capital Management L.P. (1.95%) and RK Capital Management LLC (1.75%). Company insiders that own Iradimed stock include Anthony Vuoto, Brent Johnson, Christopher K Scott, Francis X Casey, John K Mccreery, Louis S Waldman, Monty K Allen and Steven M Nardi. View institutional ownership trends for Iradimed.

IRMD stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Squarepoint Ops LLC, JPMorgan Chase & Co., RK Capital Management LLC, Ranger Investment Management L.P., AQR Capital Management LLC, Cadence Capital Management LLC, and BlackRock Inc.. Company insiders that have sold Iradimed company stock in the last year include Anthony Vuoto, Brent Johnson, Louis S Waldman, Monty K Allen, and Steven M Nardi. View insider buying and selling activity for Iradimed.

IRMD stock was acquired by a variety of institutional investors in the last quarter, including Nine Ten Capital Management LLC, Soleus Capital Management L.P., Russell Investments Group Ltd., Morgan Stanley, Globeflex Capital L P, Rice Hall James & Associates LLC, Rice Hall James & Associates LLC, and Alliancebernstein L.P.. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of IRMD stock can currently be purchased for approximately $23.24.

Iradimed has a market capitalization of $280.04 million and generates $38.52 million in revenue each year. The medical equipment provider earns $9.63 million in net income (profit) each year or $0.78 on an earnings per share basis. Iradimed employs 95 workers across the globe.

The official website for Iradimed is www.iradimed.com.

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]