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

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$21.91 +0.54 (+2.53 %)
(As of 05/24/2019 03:20 PM ET)
Previous Close$21.37
Today's Range$21.79 - $22.22
52-Week Range$18.25 - $38.78
Volume324 shs
Average Volume64,191 shs
Market Capitalization$244.45 million
P/E Ratio50.74
Dividend YieldN/A
Beta1.7
IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging (MRI) compatible medical devices, and related accessories and services in the United States and internationally. It offers MRI compatible intravenous (IV) infusion pump system with associated disposable IV tubing sets; and MRI compatible patient vital signs monitoring system. The company also offers IV poles, wireless remote displays/controls, side car pump modules, dose error reduction systems, and SpO2 monitoring with sensors and accessories. It serves hospitals, acute care facilities, and outpatient imaging centers. The company sells its products through direct field sales representatives, regional sales directors, clinical support representatives, and independent distributors. IRADIMED CORPORATION was incorporated in 1992 and is headquartered in Winter Springs, Florida.

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Industry, Sector and Symbol

Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:IRMD
CUSIPN/A
Phone407-677-8022

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$30.44 million
Cash Flow$0.5790 per share
Book Value$4.00 per share

Profitability

Net Income$6.30 million

Miscellaneous

Employees95
Market Cap$244.45 million
Next Earnings Date7/30/2019 (Estimated)
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 declared that its Board of Directors has initiated a stock buyback program on Sunday, June 4th 2017, which allows the company to repurchase $8,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

How were Iradimed's earnings last quarter?

Iradimed Corp (NASDAQ:IRMD) issued its quarterly earnings data on Tuesday, April, 30th. The medical equipment provider reported $0.11 EPS for the quarter, hitting analysts' consensus estimates of $0.11. The medical equipment provider earned $8.44 million during the quarter, compared to analysts' expectations of $8.38 million. Iradimed had a net margin of 23.00% and a return on equity of 13.98%. View Iradimed's Earnings History.

When is Iradimed's next earnings date?

Iradimed is scheduled to release their next quarterly earnings announcement on Tuesday, July 30th 2019. View Earnings Estimates for Iradimed.

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

Iradimed updated its second quarter 2019 earnings guidance on Tuesday, April, 30th. The company provided EPS guidance of $0.14-0.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.17. The company issued revenue guidance of $8.8-9 million, compared to the consensus revenue estimate of $9.39 million.Iradimed also updated its FY 2019 guidance to $0.69-0.73 EPS.

What price target have analysts set for IRMD?

1 Wall Street analysts have issued 12-month target prices for Iradimed's shares. Their forecasts 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 58.7% 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?

Media headlines about IRMD stock have trended negative this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Iradimed earned a news impact score of -2.9 on InfoTrie's scale. They also assigned news headlines about the medical equipment provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.

Who are some of Iradimed's key competitors?

What other stocks do shareholders of Iradimed own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Iradimed investors own include NVIDIA (NVDA), BioTelemetry (BEAT), Intuitive Surgical (ISRG), Paypal (PYPL), Palo Alto Networks (PANW), Alphabet (GOOG), IntriCon (IIN), Micron Technology (MU), GrubHub (GRUB) and ABIOMED (ABMD).

Who are Iradimed's key executives?

Iradimed's management team includes the folowing people:
  • Mr. Roger E. Susi, Founder, Chairman, CEO & Pres (Age 66)
  • Mr. Christopher K. Scott, CFO & Sec. (Age 49)
  • Mr. John McCreery, Chief Operating Officer (Age 64)
  • Mr. Brent Johnson, Exec. VP of Worldwide Sales & Marketing (Age 60)
  • Mr. Louis Waldman, Controller (Age 64)

Who are Iradimed's major shareholders?

Iradimed's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (3.10%), BlackRock Inc. (3.06%), Cadence Capital Management LLC (1.17%), RK Capital Management LLC (1.16%), Spark Investment Management LLC (0.50%) and Fiera Capital Corp (0.46%). Company insiders that own Iradimed stock include Brent Johnson, 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 major investors are selling Iradimed stock?

IRMD stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Timpani Capital Management LLC, Morgan Stanley, O Shaughnessy Asset Management LLC and Federated Investors Inc. PA. Company insiders that have sold Iradimed company stock in the last year include Brent Johnson, 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 major investors are buying Iradimed stock?

IRMD stock was acquired by a variety of institutional investors in the last quarter, including RK Capital Management LLC, Fiera Capital Corp, Cadence Capital Management LLC, Spark Investment Management LLC, Renaissance Technologies LLC, BlackRock Inc., Marshall Wace LLP and Charles Schwab Investment Management Inc.. 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 $22.05.

How big of a company is Iradimed?

Iradimed has a market capitalization of $246.01 million and generates $30.44 million in revenue each year. The medical equipment provider earns $6.30 million in net income (profit) each year or $0.43 on an earnings per share basis. Iradimed employs 95 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:  198 (Vote Outperform)
Underperform Votes:  203 (Vote Underperform)
Total Votes:  401
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 5/24/2019 by MarketBeat.com Staff

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