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IRADIMED NasdaqCM:IRMD Stock Report

Last Price

US$42.44

Market Cap

US$530.6m

7D

4.9%

1Y

3.9%

Updated

24 Apr, 2024

Data

Company Financials +

IRADIMED CORPORATION

NasdaqCM:IRMD Stock Report

Market Cap: US$530.6m

IRMD Stock Overview

IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging (MRI) compatible medical devices and related accessories, and disposables and services in the United States and internationally.

IRMD fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends3/6

IRADIMED CORPORATION Competitors

Price History & Performance

Summary of all time highs, changes and price drops for IRADIMED
Historical stock prices
Current Share PriceUS$42.44
52 Week HighUS$51.04
52 Week LowUS$36.12
Beta0.85
1 Month Change-1.19%
3 Month Change-1.76%
1 Year Change3.87%
3 Year Change60.70%
5 Year Change82.38%
Change since IPO328.69%

Recent News & Updates

If EPS Growth Is Important To You, IRadimed (NASDAQ:IRMD) Presents An Opportunity

Feb 23
If EPS Growth Is Important To You, IRadimed (NASDAQ:IRMD) Presents An Opportunity

Getting In Cheap On IRadimed Corporation (NASDAQ:IRMD) Is Unlikely

Feb 07
Getting In Cheap On IRadimed Corporation (NASDAQ:IRMD) Is Unlikely

Recent updates

If EPS Growth Is Important To You, IRadimed (NASDAQ:IRMD) Presents An Opportunity

Feb 23
If EPS Growth Is Important To You, IRadimed (NASDAQ:IRMD) Presents An Opportunity

Getting In Cheap On IRadimed Corporation (NASDAQ:IRMD) Is Unlikely

Feb 07
Getting In Cheap On IRadimed Corporation (NASDAQ:IRMD) Is Unlikely

Should You Investigate IRadimed Corporation (NASDAQ:IRMD) At US$45.06?

Nov 06
Should You Investigate IRadimed Corporation (NASDAQ:IRMD) At US$45.06?

Calculating The Intrinsic Value Of IRadimed Corporation (NASDAQ:IRMD)

Oct 13
Calculating The Intrinsic Value Of IRadimed Corporation (NASDAQ:IRMD)

At US$41.26, Is It Time To Put IRadimed Corporation (NASDAQ:IRMD) On Your Watch List?

Feb 05
At US$41.26, Is It Time To Put IRadimed Corporation (NASDAQ:IRMD) On Your Watch List?

Iradimed withdraws FDA filing for new infusion pump; prelim Q3 revenue rises 13% Y/Y

Oct 10

IRadimed: Record Revenue Could Translate To Share Price Appreciation

Aug 23

Here's Why We Think IRadimed (NASDAQ:IRMD) Is Well Worth Watching

Aug 17
Here's Why We Think IRadimed (NASDAQ:IRMD) Is Well Worth Watching

iRadimed Non-GAAP EPS of $0.26 beats by $0.02, revenue of $12.7M beats by $0.06M

Jul 29

IRadimed: Reduce Equity Beta With Upside Capture

Jul 18

IRadimed (NASDAQ:IRMD) Might Be Having Difficulty Using Its Capital Effectively

Jul 13
IRadimed (NASDAQ:IRMD) Might Be Having Difficulty Using Its Capital Effectively

At US$48.60, Is IRadimed Corporation (NASDAQ:IRMD) Worth Looking At Closely?

Feb 05
At US$48.60, Is IRadimed Corporation (NASDAQ:IRMD) Worth Looking At Closely?

Here's What's Concerning About IRadimed's (NASDAQ:IRMD) Returns On Capital

Jan 12
Here's What's Concerning About IRadimed's (NASDAQ:IRMD) Returns On Capital

Returns On Capital At IRadimed (NASDAQ:IRMD) Paint A Concerning Picture

Jul 13
Returns On Capital At IRadimed (NASDAQ:IRMD) Paint A Concerning Picture

iRadimed EPS beats by $0.04, beats on revenue

Apr 30

iRadimed EPS misses by $0.02, beats on revenue

Feb 04

If You Had Bought IRadimed (NASDAQ:IRMD) Stock Five Years Ago, You Could Pocket A 70% Gain Today

Jan 31
If You Had Bought IRadimed (NASDAQ:IRMD) Stock Five Years Ago, You Could Pocket A 70% Gain Today

Shareholder Returns

IRMDUS Medical EquipmentUS Market
7D4.9%1.4%1.2%
1Y3.9%-0.7%24.7%

Return vs Industry: IRMD exceeded the US Medical Equipment industry which returned -0.7% over the past year.

Return vs Market: IRMD underperformed the US Market which returned 24.7% over the past year.

Price Volatility

Is IRMD's price volatile compared to industry and market?
IRMD volatility
IRMD Average Weekly Movement5.0%
Medical Equipment Industry Average Movement7.3%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: IRMD has not had significant price volatility in the past 3 months.

Volatility Over Time: IRMD's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1992148Roger Susiwww.iradimed.com

IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging (MRI) compatible medical devices and related accessories, and disposables and services in the United States and internationally. It offers MRidium MRI compatible intravenous (IV) infusion pump system with associated disposable IV tubing sets; MRI compatible patient vital signs monitoring system; and 3600 FMD1 with RALU ferromagnetic detection device. The company also provides non-magnetic IV poles, wireless remote displays/controls, side car pump modules, dose error reduction systems, and SpO2 monitoring with sensors and accessories.

IRADIMED CORPORATION Fundamentals Summary

How do IRADIMED's earnings and revenue compare to its market cap?
IRMD fundamental statistics
Market capUS$530.63m
Earnings (TTM)US$17.19m
Revenue (TTM)US$65.56m

31.3x

P/E Ratio

8.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IRMD income statement (TTM)
RevenueUS$65.56m
Cost of RevenueUS$15.40m
Gross ProfitUS$50.16m
Other ExpensesUS$32.97m
EarningsUS$17.19m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.36
Gross Margin76.50%
Net Profit Margin26.22%
Debt/Equity Ratio0%

How did IRMD perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

11%

Payout Ratio
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