company background image
IRMD logo

IRADIMED NasdaqCM:IRMD Stock Report

Last Price

US$44.70

Market Cap

US$566.1m

7D

6.8%

1Y

-4.5%

Updated

05 May, 2024

Data

Company Financials +

IRADIMED CORPORATION

NasdaqCM:IRMD Stock Report

Market Cap: US$566.1m

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 Growth3/6
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$44.70
52 Week HighUS$51.04
52 Week LowUS$36.12
Beta0.85
1 Month Change5.20%
3 Month Change-0.67%
1 Year Change-4.53%
3 Year Change53.87%
5 Year Change93.34%
Change since IPO351.52%

Recent News & Updates

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

Shareholder Returns

IRMDUS Medical EquipmentUS Market
7D6.8%0.04%0.7%
1Y-4.5%-0.9%23.9%

Return vs Industry: IRMD underperformed the US Medical Equipment industry which returned -0.9% over the past year.

Return vs Market: IRMD underperformed the US Market which returned 23.9% over the past year.

Price Volatility

Is IRMD's price volatile compared to industry and market?
IRMD volatility
IRMD Average Weekly Movement4.9%
Medical Equipment Industry Average Movement7.6%
Market Average Movement6.1%
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$566.09m
Earnings (TTM)US$17.92m
Revenue (TTM)US$67.69m

31.6x

P/E Ratio

8.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IRMD income statement (TTM)
RevenueUS$67.69m
Cost of RevenueUS$15.86m
Gross ProfitUS$51.82m
Other ExpensesUS$33.90m
EarningsUS$17.92m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.42
Gross Margin76.57%
Net Profit Margin26.48%
Debt/Equity Ratio0%

How did IRMD perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

11%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.