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

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$27.32 -0.52 (-1.87 %)
(As of 11/16/2018 04:00 PM ET)
Previous Close$27.32
Today's Range$26.1733 - $28.6833
52-Week Range$12.51 - $38.78
Volume114,198 shs
Average Volume127,982 shs
Market Capitalization$281.89 million
P/E Ratio341.50
Dividend YieldN/A
Beta1.9
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 under the MRidium name; and MRI compatible patient vital signs monitoring system under the IRadimed name. 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 MRI compatible products through direct sales force and independent distributors. IRadimed Corporation was incorporated in 1992 and is headquartered in Winter Springs, Florida.

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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 Ratio341.50
Forward P/E Ratio70.05
P/E GrowthN/A

Sales & Book Value

Annual Sales$23.08 million
Price / Sales12.94
Cash Flow$0.2283 per share
Price / Cash119.66
Book Value$3.67 per share
Price / Book7.44

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$281.89 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 declared that its board has initiated a share buyback program on Sunday, June 4th 2017, which permits the company to buyback $8,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its shares are undervalued.

How were Iradimed's earnings last quarter?

Iradimed Corp (NASDAQ:IRMD) issued its quarterly earnings data on Tuesday, October, 30th. The medical equipment provider reported $0.14 EPS for the quarter, topping analysts' consensus estimates 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 net margin of 16.59% and a return on equity of 11.72%. 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 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?

2 brokers have issued 12 month price objectives for Iradimed's shares. Their predictions range from $19.00 to $35.00. On average, they anticipate Iradimed's share price to reach $27.00 in the next twelve months. This suggests that the stock has a possible downside of 1.2%. View Analyst Price Targets for Iradimed.

What is the consensus analysts' recommendation for Iradimed?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Iradimed in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Iradimed.

Has Iradimed been receiving favorable news coverage?

News articles about IRMD stock have been trending somewhat positive this week, according to InfoTrie. The research group ranks the sentiment of media coverage by analyzing 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 1.6 on InfoTrie's scale. They also gave press coverage about the medical equipment provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.

Are investors shorting Iradimed?

Iradimed saw a drop in short interest during the month of October. As of October 31st, there was short interest totalling 474,967 shares, a drop of 31.7% from the October 15th total of 695,779 shares. Based on an average daily volume of 146,238 shares, the short-interest ratio is presently 3.2 days. Currently, 10.1% of the company's stock 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:
  • Mr. Roger E. Susi, Founder, Chairman, CEO & Pres (Age 65)
  • Mr. Christopher K. Scott, CFO & Sec. (Age 48)
  • Mr. John McCreery, Chief Operating Officer (Age 63)
  • Mr. Brent Johnson, Exec. VP of Worldwide Sales & Marketing (Age 59)
  • Mr. Louis Waldman, Controller (Age 63)

Who are Iradimed's major shareholders?

Iradimed's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.09%), Renaissance Technologies LLC (1.82%), Mondrian Investment Partners LTD (1.09%), Cadence Capital Management LLC (0.68%), EAM Investors LLC (0.57%) and Russell Investments Group Ltd. (0.53%). 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, EAM Global Investors LLC, EAM Investors LLC, Walthausen & Co. LLC, Caxton Associates LP, Engineers Gate Manager LP and Algert Global LLC. 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 $27.32.

How big of a company is Iradimed?

Iradimed has a market capitalization of $281.89 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:  159 (Vote Outperform)
Underperform Votes:  159 (Vote Underperform)
Total Votes:  318
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 11/17/2018 by MarketBeat.com Staff

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